The Habits of a $10 MILLION AUD Dividend Investor (Peter Thornhill Book Review)

A well-known dividend stock investor, Peter Thornhill, built a dividend portfolio worth over $10,000,000 AUD with over $400,000/year AUD dividend cash flow. I'm excited to share 9 insights I learned from reading “Motivated Money”, Peter Thornhill's book. #dividend #stock #investingstrategy Timestamps: 0:00 INTRODUCTION 0:30 Peter Thornhill's portfolio is worth in excess of $10 million AUD and he produces over $400,000 AUD in passive dividend income per year. 1:13 Disclaimer (Not financial advice) 1:29 THEME 1: PROPERTY VS. SHARES (STOCKS) 1:45 Shares are superior to property. 2:33 Commercial real estate is not as easy as everyone makes it seem. 2:33 Westfield Case Study: Westfield Holdings vs. Westfield Trusts 4:28 Don't get caught up in current high yield. It's all about income growth. (Long-term yield-on-cost.) 5:14 Don't assume property is better than shares. 5:40 House prices may be more volatile than we think (we just don't quote them daily). 7:58 Shout-out to my Australian subscribers. 8:07 Shout-out to Canna Campbell, Sugar Mamma TV. 8:30 THEME 2: THE YIELD TRAP 9:00 Lower yielding industrial shares pay magnificent long-term income. (Starting yield does not matter.) 9:20 Lower starting yields (that can grow over time) can maximize long-term income. 9:34 KEY POINT: Yield and income are two different things. 9:53 Yield can stay constant, while income grows. 10:23 Another way to think about this: Dividend yield-on-cost. 10:57 A Personal Example: Caterpillar (CAT) 11:24 Current dividend yield is 0.66%. My 1st tranche simple yield-on-cost is 7.57%. 11:45 Yield-on-cost shows me the progress I’ve made on my income. 12:40 THEME 3: A CASH BUFFER FOR ALLOCATED PENSIONS (RETIREMENT INCOME) 13:32 Parallel with 401(k) required minimum distributions. 13:50 Once the investor takes distributions from an allocated pension (superannuation) or a 401(k), Peter encourages having a 2-year cash buffer (due to share market volatility). 14:15 The investor does not want to sell when the share market is down. 15:40 THEME 4: Portfolio Volatility & The Great Financial Crisis (GFC) 15:52 The value of one's portfolio is of little importance on a day-to-day basis. 16:54 A reminder not to worry about market downturns, as a long-term investor. 17:50 THEME 4a: Don't Worry About Share Prices Day-to-Day 18:33 THEME 5: Speculation vs. Investing (Dictionary Definition) 18:54 Investing: The use of money so that a regular INCOME is obtained. 19:40 I see many going towards speculation these days. 19:57 I'm here to stay true to long-term investing. 20:47 THEME 6: Treat Yourself Like a Business 21:45 Create a company profile for YOU. 22:37 THEME 7: Tapping Into One's Home Equity (For Dividends) 23:32 Debt Recycling Strategy 24:47 THEME 8: Retirement (Be Careful What You Wish For) 25:00 Retirement may not be what is portrayed in the media. 25:48 Wake up call: Budget for retirement. And, enjoy life now. Mini-retirements. 27:00 THEME 9: Renting vs. Owning 28:21 Peter rents experiences and things he needs to enjoy life. 30:44 DISCLOSURE AND DISCLAIMER DISCLOSURE: I'm long Caterpillar (CAT), Starbucks (SBUX), Altria (MO), Philip Morris (PM), British American (BTI), Universal (UVV), and Realty Income (O). I own these stocks in my personal dividend stock portfolio. DISCLOSURE: I'm an affiliate of Blossom Social. I'm compensated for Blossom sign-ups. I'm long Blossom. DISCLAIMER: All information and data on my YouTube Channel, blog, email newsletters, white papers, Excel files, and other materials is solely for informational purposes. I make no representations as to the accuracy, completeness, suitability or validity of any information. I will not be liable for any errors, omissions, losses, injuries or damages arising from its display or use. All information is provided AS IS with no warranties, and confers no rights. I will not be responsible for the accuracy of material that is linked on this site. Because the information herein is based on my personal opinion and experience, it should not be considered professional financial investment advice or tax advice. The ideas and strategies that I provide should never be used without first assessing your own personal/financial situation, or without consulting a financial and/or tax professional. My thoughts and opinions may also change from time to time as I acquire more knowledge. These are, as discussed above, solely my thoughts and opinions. I reserve the right to delete any comments for any reason (abusive in nature, contain profanity, etc.). Your continued reading/use of my YouTube Channel, blog, email newsletters, whitepapers, Excel files, and other materials constitutes your agreement with and acceptance of this disclaimer. COPYRIGHT: All PPC Ian videos, Excel files, guides, and other content are (c) Copyright IJL Productions LLC. PPC Ian is a registered trademark (tm) of IJL Productions LLC.