‘Rule #1: Don’t lose money.
Rule #2: See rule #1′.
Net worth: A$125 billion
For the book’s accompanying blog – see here.
You can download a free chapter of the book here.
And you can order the book online here.
This book explains clearly and succinctly the benefits of managing your own money…and exactly how it can be done safely more profitably than you think.
These benefits are what we know as the ‘3 Cs’ of investing yourself:
Cost, choice, and control.
Thanks to the wonders of the internet it’s now quite well known that it’s possible to get average results, simply by doing what everyone else is doing.
But what if you don’t want to be an average person with average results?
What if you want to consistently generate wealth-creating rates of return without the ever-present spectre of significant loss?
To do better than average, by definition you need to think differently from the herd.
For about the past decade, it’s been relatively plain sailing for investors.
Markets recovered from the last crash and went into a secular bull market where real returns have been consistently strong for more than 10 years.
But the price you pay for an investment matters – as Buffett said, what is smart at one price is stupid at other.
Markets move in cycles, so you need to be aware of how to invest accordingly…and safely.
We’re now moving into the rampant speculation phase of the cycle, and it will likely end the same way that it usually does.
Which is to say, not well.
It’s a big world out there, but sometimes an irrational ‘home bias’ limits investors from seeking out stronger (& often safer) returns in international markets.
Why limit yourself?
The good news, as we always say, is:
‘It’s not that hard, honestly!’
See here for more on this explosive book.