Distilled rules. Short enough to remember when it matters.
| Sheet | Title | Date | Rev |
|---|---|---|---|
| P-004 | Playbook 04 — Follow the spread, not the rate. A 7.5% deposit rate is one side of a spread. Before chasing it, draw the other side: who pays the bank more than the bank pays you? | 2026-09-30 | A |
| P-003 | Playbook 03 — Dividends are a film, not a photo. Judge a dividend by your yield on cost, not by today's quoted yield. | 2026-09-30 | A |
| P-002 | Playbook 02 — Subtract inflation from your yield. Nominal yield is vanity. What your income buys next year is the real number. | 2026-09-30 | A |
| P-001 | Playbook 01 — Start from the number, not the stock. Calculate the income you need first. Picking instruments comes second. | 2026-09-30 | A |