Common Sense Investing: Ten Simple Rules to Finance Your Dreams is an easy-to-read book offering practical advice whether you are just starting out or planning your retirement.
Some of our dreams need money. Yet most of us are bombarded with an overload of financial information that sounds like confusing mumbo-jumbo. We are also victims of our human emotions that often cause bad investment decisions. The solution is to learn and apply ten simple rules. It’s not rocket science. They are: (1) Develop a workable plan, (2) Invest early and often, (3) Never bear too much or too little risk, (4) Diversify, (5) Never try to time the market, (6) Use index funds when possible, (7) Keep costs low, (8) Minimize taxes, (9) Keep it simple, and (10) Stay the course.
Common sense investing principles are something we all need to know, but are rarely taught. All too often we are persuaded by people who are attempting to sell products and services, or the media which is selling advertising. Wisdom gets drowned out by the noise. Warren Buffett, John C. Bogle, and most professional investors all very publicly recommend that the majority of investors should use low-cost mutual funds called index funds. But how do we go about doing that?
This book encourages us to put in writing a simple one-page investment plan for the financial goals associated with our dreams, and then to stick to that plan and get on with our lives—free from financial stress. It first teaches readers why these ten rules have prevailed, and then offers some practical tips for getting started, creating a plan that works, and dealing with the inevitable changes that life brings us.
We find ourselves learning exactly what we wanted to know, and wish we had learned a long time ago.
Find it on Amazon here: http://www.amazon.com/dp/1466204516
Watch it as FREE bite-size videos here: www.FinancingLife.org
Read some strong endorsements by experts:
"Here are 10 simple, easy to follow, and proven investing rules. Investing an hour reading this short book will make you a better investor."
– Burton G. Malkiel, Princeton University, Professor of Economics
Author: A Random Walk Down Wall Street"If you follow his rules you are virtually guaranteed to outperform the majority of investors, both individuals and professionals alike."
– Larry Swedroe, Principal, Buckingham Financial Services
Author of eleven books on investing
