Beating the S&P with Dividends: How to Build a Superior Portfolio of Dividend Yielding Stocks

This is a very good book for the buy-and-hold investor to read. Until I came accross the Mergent's list recently, I was quite skeptical about the buy and hold philosophy. Now I am convinced that a Mergent's list ETF such as PEY, DVY or a similar ETF is all one needs for care-free investment to give returns of about 12 or 13 percent or more over 10 years or more. Or, one can generate steady income and have modest capital appreciation too. Buying individual stocks from the list may not achieve the desired outcome. The book may be further improved by explaining some points better. If not convinced, read the book "Beating the Street by Peter Lynch and John Rothchild" to reassure you about Mergent's stretegy.