The Millennial's Investment Strategy (el. knyga) (skaityta knyga) | knygos.lt

Aprašymas

Earn 11% not 3.79% "The stock market is a device for transferring money from the impatient to the patient." Warren Buffett Mr Buffett's strategy of patience has proven to be the most astounding in history. He has earned 20.8% a year compounded over 50 years for his shareholders. His firm had 2 bad years. He does NOT trade or speculate. He holds companies for a long time. The average brokerage investor earned just 3.79% while the stock market earned 11.06% over the last 30 years. DALBAR Most investors jump from one "popular" security to another just in time for them to go down. So they earn just 3.79%; paying more ... for less. Buffett has been patient for over 60 years: his $6,000 from paper routes has grown to $72 billions. http: //www.fool.com/investing/general/2014/02/07/beat-the-market-with-1-stock.aspx You can become wealthy by choosing the best investment strategy in the 21st century. Or you could invent the next phone app mega hit. Or you could buy the next Apple-type success early. Or you could create the next Amazon-type business. Or you could give your money to the next Wall Street stock wonderkind. Pick the most successful investment strategy in our time. I set out to learn the best investment strategy for the 21st century after running sales departments in a Wall Street security firm, two banks and my own consulting firm. I learned how firms and their salespeople make money. You have your choice of strategies but you must first decide to trust others or yourself, to change with the future, and to be patient. Wealth-building takes time.