What did I do wrong?: 10 financial mistakes you can fix today! - Couverture souple

Steeple MBA, Law

 
9781491095942: What did I do wrong?: 10 financial mistakes you can fix today!

Synopsis

Are your … Investments earning less than the market average of 10%? Advisors taking fees without meeting your goals? Trading costs and taxes eating up your profits? Brokers not sticking with your investment policy? Emotions freezing you out of the stock market? You can correct these mistakes by using the time-tested strategy proven successful by Warren Buffett. Mr Buffett started with $6,000 saved from his paper routes and in 60 years, accumulated $60 billions--about the size of Bolivia's GDP. Mr Buffett's successful strategy is compounding. "My wealth has come from a combination of living in America, some lucky genes, and compound interest." Mr Buffett did not say wealth is about picking the next Apple or leveraging derivatives. In fact, he lives in Omaha not Wall Street. Compounding high earnings over time is the strategy we should have learned when we started investing. Compounding is money earning money on its earnings when it is reinvested. KahnAcademy.org Invest your money in businesses sharing profits with you and over time you can reach $1,000,000. A special IRS-approved account makes your $1 million tax-FREE. Tax-FREE is like a $300,000 bonus from Uncle Sam. This is what compounding looks like over time:

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À propos de l'auteur

Law Steeple has been in financial services for over 20 years. He was a managing executive of the sales units of a number of bank securities firms. He is one of the insiders who contributed to the The Insiders Guides set of buyers' guides edited by Dan Keppel. The guides provide specific ways to save on all financial services. The Insiders' Guides to Buying Discount Financial Services: Buy Direct and Save $3,000 Every Year is available at Amazon, Barnes and Noble, Abebooks. Law lives in New Jersey and Florida.

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