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The Meek [Patient] Shall Inherit the Earth: "The market is a way to transfer money from the impatient to the patient" - Couverture souple

Sender, Ian

 
9781492869535: The Meek [Patient] Shall Inherit the Earth: "The market is a way to transfer money from the impatient to the patient"
Couverture souple
ISBN 10 : 1492869538 ISBN 13 : 9781492869535
Editeur : CreateSpace Independent Publishing Platform, 2013

Synopsis

Meek means patient, humble, unassuming, modest. Are you an patient investor? We have had a 3-year bull market: 18.45% a year. Are you letting compound interest make you rich? “My wealth has come from a combination of living in America, some lucky genes, and compound interest.” Warren Buffett credits compound interest for his success not market timing. He turned $6,000 from his paper route into $60 billion in his 60 years of investing. He buys and holds the stock of companies that we use everyday: Coke, GEICO, Fruit of the Loom, Benjamin Moore, Heinz, Burlington Northern. We continue to make more money when snoring than when active. Berkshirehathaway.com He doesn't “trade” stocks. His favorite holding period is “forever.” This allows the miracle of compounding to work. His lesson for us: Wealth comes from compounding, NOT from trading by your broker or “professional” money manager. This chart illustrates the Miracle of Compounding Buffett says the IMPATIENT give their money to the patient when they “play” the market. Since he is the most successful investor of our age we need to listen to him. You can create and manage your own portfolio in 1 hour a year.

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À propos de l'auteur

Ian Sender has been a financial services executive for over 20 years. He was a managing director of sales units of securities firms. He is one of the Insiders who contributed to the The Insiders Guides set of buyers' guides edited by Dan Keppel. Ian lives in New Jersey and the Caymans.

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Éditeur
CreateSpace Independent Publishing Platform
Date d'édition
2013
Langue
anglais
ISBN 10 
1492869538
ISBN 13 
9781492869535
Reliure
Broché
Nombre de pages
66
Coordonnées du fabricant
Printed by Amazon on behalf of the author
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