The Best Predictor of Investment Success: Cost - Couverture souple

Steeple MBA, Law

 
9781502524089: The Best Predictor of Investment Success: Cost
Couverture souple
ISBN 10 : 1502524082 ISBN 13 : 9781502524089
Editeur : CreateSpace Independent Publishing Platform, 2014

Synopsis

“In every single time period and data point tested, low-cost funds beat high-cost funds.” Earn 10-12% with 10 low-cost mutual funds. Diversify in all markets, countries, sectors. Pay NO taxes and NO commissions/loads. You pay less and earn more. According to an unbiased Morningstar study, low-cost funds beat high-cost funds PERIOD. It is a myth of Wall Street that you must pay more for good performance. You are just paying for the Wolf of Wall Street's toys. Other Wall Street myths: Buy low, sell high; manager tenure; proven performer; get in on ground floor; concentrate portfolio. Warren Buffett, the master of investing, disagrees: "A very low-cost index is going to beat a majority of the amateur-managed money or professionally-managed money." Mr Buffett said, "My wealth has come from a combination of living in America, some lucky genes, and compound interest." Compounding high investment earnings is money earning money on its prior earnings over time. Simple but powerful. The only way to compound our money is to leave it alone and pay NO taxes and NO commissions/loads. Our investments can then compound at 10-12% per year over time. The average investor earned JUST 3.69% instead of 11.11% because of the Wall Street myths—paying higher fees and trading often. Pay less!

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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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Éditeur
CreateSpace Independent Publishing Platform
Date d'édition
2014
Langue
anglais
ISBN 10 
1502524082
ISBN 13 
9781502524089
Reliure
Broché
Nombre de pages
66
Coordonnées du fabricant
Manufactured by Amazon on behalf of the author
https://www.amazon.fr/hz/contact-us

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