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Welcome to Safe Dividend Investing’s Podcast #285 on July 25th of 2026.

I keep hearing how 90% of speculative investors within a few years lose the money they have invested in stocks. Often, I have wondered if this is an exaggeration.

Surely if the odds in stock speculating were that poor then people would cease speculating. Therefore, I was intrigued to come across an article by a speculator who describes the misfortunes of six young speculative investors over six years.

For over 20 years, the value of my boring portfolio of 20 stocks has grown, year-after-year, while providing me with the very generous ever rising dividend income that I live on.

After reading his article, I wrote to its author and he replied. His response gave me some valuable insights into investing which I share with you.

Ian Duncan MacDonald
Author and Commercial Risk Consultant,
President of Informus Inc
2 Vista Humber Drive
Toronto, Ontario
Canada, M9P 3R7
Toronto Telephone - 416-245-4994
imacd@informus.ca

42:T787,