JOURNAL OF APPLIED BUSINESS AND ECONOMICS
An Investment Strategy for Financial Independence for the Unluckiest Person in the World
Author(s): Carlos Spaht, Harvey Rubin
Citation: Carlos Spaht, Harvey Rubin, (2013) "An Investment Strategy for Financial Independence for the Unluckiest Person in the World," Journal of Applied Business and Economics, Vol. 15, Iss. 1, pp. 64-70
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This paper discusses how an investor can achieve financial independence even if the investor is what we
refer to as the unluckiest person in the world. Using the S&P 500 Dividend Aristocrats Index, this
investor makes a onetime selection of stocks for a select period of time. The investor then continues, on a
quarterly basis for the entire select period of time, by investing a fixed dollar amount and reinvesting
dividends in each of the stocks. But our investor has a problem in timing the market – all of the
investments are made at the stocks’ high point of the year.