We are wired to fail with money and investing.
Do you have $1 on you? Please reach for your wallet. Take out a one-dollar bill. Do you have it? Look at it, hold it up, put it in front of you.
Now imagine you save $1 each month (which few do). Imagine that your $1 earns seven percent annually on average over 30 years. At the end of the 30 years you will have almost $1,200.
Needless to say, if you put away $1,000 each month, you'd have almost $1.2 million in 30 years.
It's secondary if you are just starting your family fortune - or if you already have it and want to keep it and grow it.
If you do nothing with that dollar, inflation will eat away at its value. It will be worth less than two quarters in 25 years and less than a single quarter in 50 years and a nickel in 100 years.
Can you afford to do nothing? Do I have your attention?
Most books misinform, or intimidate, and often are not backed by real life experience.
This book is a one of a kind, comprehensive, straightforward, and easy to follow guide to investing. It's written by an experienced investor trained in the value investing, Buffett-Graham school of thought.
Like no other book, it covers both the intellectual and emotional discipline needed to be a successful investor. It provides the proper philosophy, shows the path, and emphasizes the principles required to keep and grow your wealth over a lifetime.
©2015 Bogumil K. Baranowski (P)2016 Bogumil K. Baranowski
This book is a refreshing change from the many overly complex investing books. I wish I had this book when I first started studying finance! Now that I work in finance, I want to dole this book out to anyone who asks for investing tips! It has an easy-to-understand approach that focuses on the most important factors of investing. This is a must-read for finance students and anyone looking to start or improve their investing.
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