This is a world-class business with unrivaled scale, brand recognition, and pricing power. With excellent fundamentals, incredible dividend growth, and the potential that shares are 16% undervalued, this is a fantastic idea here for long-term dividend growth investors.
Lewis, the great thing about your goals is that they’re somewhat complementary to each other. And I believe it’s possible to accomplish all of your goals, simultaneously, by following a long-term investment strategy I’ll tell you about. In short, it’s a strategy that can generate growing passive income that can be used for everything you’re interested in: investment income, early retirement, a legacy, and philanthropy.
Samantha, there’s no way this short letter back to you will come even close to educating you in all matters investing. In fact, I’ll barely scratch the surface here. I’m instead aiming to quickly give you some basic but very valuable information on how and why I’ve gone about successfully investing, which could be a foundation upon which you build your house of knowledge by expanding your investing education.
Thanks so much for writing in, John. I’m a huge proponent of saving and investing. I’m an advocate because it’s changed my life. But that isn’t to say that investing should take precedence over paying off debt. And investing capital that is otherwise earmarked for repaying debt is probably not a prudent move. I’ll explain…