How To Keep & Grow Your Money #21

Why This Stock is Our Top Pick of the Month

Bank of America Predicts Gold Will Hit $3,000 by 2025 — This Gold Stock is Poised to Win.

As gold climbs once again, savvy investors are taking notice. This under-the-radar stock has already posted impressive gains and continues to attract strong insider buying, signaling significant growth ahead.

Don’t miss the chance to add this hidden gem to your watchlist before it breaks out again.

Discover This Hidden Stock Pick

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In this letter, we analyze the Vanguard Dividend Appreciation ETF (VIG).

Ticker: VIG | Price: $202.90 | Market Cap: $106.0B | Average 10-Year Annual Return: ~11.84% (as of September 2024)

What is it (short)?

Vanguard Dividend Appreciation ETF (VIG) focuses on U.S. companies with a consistent track record of increasing dividends over time, making it ideal for investors seeking long-term growth and income stability.

What is it (long)?

VIG tracks the NASDAQ U.S. Dividend Achievers Select Index, which includes companies with at least 10 consecutive years of dividend growth. It emphasizes quality and financial health, filtering out high-risk or unstable stocks. Its diversified holdings span industries like technology, healthcare, and consumer staples. VIG is passively managed, with low fees, making it an efficient option for growth-oriented investors who also value income reliability.

Our thoughts:

VIG is a strong choice for investors prioritizing income and stability. Its focus on dividend growth makes it particularly attractive in volatile markets, offering steady returns and a hedge against economic uncertainty. Ideal for conservative, long-term portfolios.

Do your own research and if you would like to take our free course to learn how to invest into ETFs and Index Funds at Index Institution™ go here.

Exploring Low-Tax Lifestyle Options in Europe

Europe offers several attractive destinations for those seeking a luxurious lifestyle while minimizing taxes. Contrary to the continent's high-tax reputation, select countries provide legal ways to lower tax obligations while offering additional benefits like second citizenship opportunities.

Tax-Friendly Countries in Europe

• Bulgaria: A flat 10% income tax rate makes it a top choice for simplicity and cost-effectiveness, especially for entrepreneurs.

• Estonia & Georgia: Profits are taxed only when distributed, allowing business owners to reinvest earnings tax-free.

• Italy: The lump-sum tax regime enables affluent individuals to pay a fixed annual fee, regardless of income.

• Switzerland: Offers a lump-sum tax agreement, particularly appealing for EU citizens seeking a blend of sophistication and tax efficiency.

Why Consider These Options?

1. Financial Savings: Drastically reduce your tax obligations compared to traditional European tax systems.

2. Lifestyle: Enjoy high living standards in culturally rich environments.

3. Second Citizenship: Many countries allow you to work towards citizenship, providing enhanced global mobility and security.

Tailored Solutions for Your Needs

These tax-friendly opportunities are not one-size-fits-all. Each option requires careful planning tailored to your business model, lifestyle preferences, and long-term goals.

If you're an entrepreneur or investor ready to reduce taxes while enjoying the best Europe has to offer, now is the time to explore these solutions.

If you would like to explore legally paying less taxes and maximizing your freedom check out Global Optimizer™ or click here.

Financial concept to learn in this edition: Economic Moat

What Is an Economic Moat and Why Does It Matter for Investing?

Definition: An economic moat is a company’s competitive advantage that allows it to maintain market share and profitability over its rivals. This term, popularized by Warren Buffett, refers to the "defensive wall" that protects a company's long-term value.

Types of Moats:

• Cost Advantage: Companies produce goods more efficiently, leading to lower costs (e.g., Walmart).

• Intangible Assets: Brand recognition, patents, or exclusive rights (e.g., Coca-Cola’s brand).

• Switching Costs: High barriers for customers to switch to competitors (e.g., software like Adobe).

• Network Effect: Products become more valuable as more people use them (e.g., Facebook).

• Efficient Scale: Dominance in a niche market discouraging new competitors (e.g., utilities).

Why Investors Care: Companies with strong economic moats can sustain profits and growth over time, even in challenging market conditions. Moats reduce risks and enhance the potential for long-term returns.

Key Considerations for Investors:

• Identify Moats: Analyze the company's business model, industry positioning, and unique strengths.

• Monitor Durability: Evaluate if the moat can withstand changes in competition and market conditions.

• Valuation: Even companies with moats can be overvalued—ensure you're not overpaying for the stock.

Economic moats signify a company's resilience and ability to provide consistent returns, making them an essential focus for long-term investors.

To learn more about Economic Moats read more on Investopedia here or learn more from our full FREE investing course & community here.