Moneywork
Moneywork begins where most investing books skip ahead: with the cash flow your portfolio actually delivers. Paul Durso traces the strategy from a single conversation in a hot tub at a San Diego conference, through years of testing dividend-growth investing against bonds, annuities, mutual funds, and growth-only portfolios, to the planning framework that became Simplicitree. From there he walks through portfolio construction, the difference between fool's-gold yield and durable income, the math of reinvested dividends, tax-aware placement, and the discipline of staying invested when staying invested feels uncomfortable. It is written for readers who would rather understand the machinery than hand it to a stranger, and for anyone who wants their savings to do the work that a paycheck used to.
"Build an income strategy that keeps paying you whether the market is climbing, flat, or falling."
Buy on Amazon"I wrote Moneywork because most investors are handed flashy strategies and very little understanding of where their income actually comes from. Dividend-growth investing changed how I serve clients, and it changed how I sleep at night. My goal is to hand you the playbook I wish someone had handed me earlier — and to do it without the jargon."
—Paul L. DursoWho is this book for?
Pre-retirees who want predictable income without selling shares to live
Long-term investors curious about dividend-growth strategies
Workers tired of chasing the next hot stock or trend
Readers who panicked in past downturns and want a calmer plan
Self-directed investors who want the framework an advisor would use
What problem does this book solve?
Watching account balances swing without a clear plan to lean on
Worrying that growth-only portfolios will leave them short in retirement
Selling at the wrong time because the headlines feel unbearable
Confusing high-yield traps with genuinely durable dividend payers
Paying more tax on dividends than necessary
Feeling dependent on an advisor without understanding the strategy
What are the key takeaways for readers?
Value investing outperforms growth investing over long horizons, and dividends compound the gap
Free cash flow and a culture of paying shareholders are stronger signals than headline yield
Dividend-growth investing gives you a paycheck that often rises with inflation
Reinvested dividends accelerate compounding more than most investors realize
Tax placement of dividend payers matters as much as the picks themselves
Emotional discipline is a portfolio feature, not a personality trait
Total return is the sum of dividends and growth, not a contest between them