““10% growth for 25 years is not 250%, it’s 985%!” When you show relatively new investors this kind of thing, it’s like an awakening.”
Charlie Munger is famous in the investing world. He’s a plain-spoken master of what should be the obvious, typified by the following response to a request for investment advice: Seems simple. In fact it is, and it’s powerful advice. There’s really no secret to getting started investing when taking this advice. Which begs the question… […]
The Elephant in the Room has a Paycheck (New York City: Infinite Probabilities, 2016)
A fun and socially conscious plan to get you started investing. Written by yours truly! Yeah, this is my book.
During the editing process, I read my book over and over. There were times when I was feeling down about the publishing process — whether how long it was taking, or how difficult some of the stages were. I’d read my book and be inspired.
I believe I’ve told a unique story that will help people who are not friends with numbers get started investing. Technology is making it easier than ever to get started, but people still need a story to hook their interest. Here it is.
It’s a quick read, shouldn’t take more than a couple or a few hours. But be prepared to re-read it, especially Part Four where I outline specific actionable steps to get started.
I’m also working on a free email course to take that section even further for people who start investing modestly with the purpose of learning more about investing. Subscribe if you’d like to be notified when it’s available.
40% of total stock returns come from dividends, but what are dividends? From Part 2 of my book: When you purchase shares in a company, you become a partial owner of that company. When buying shares on a stock market through a brokerage, you’re buying shares of a public company – a company that has […]
I can’t even contain how excited Stockpile makes me. I have such a passion for investing by reinvesting dividends and having money make money. These guys seem to have thought of everything, and investing is as easy as it can be. You can get started with as little as $1. (Whether it makes sense to […]
I love listening to older people’s perspective on life.
There’s a good quote from this book, it talks about how important it is to connect with other people. I couldn’t agree more, as it’s something I learned too late in life. In fact, helping my children be more connected with others is one of my top parenting priorities.
Read this book when you have time to chew on it.
“Stocks, Reinvesting & Diversifying w/Marco Schwartz”
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Their consensus: no matter how talented you are, no matter how brilliant — you must have interpersonal skills to succeed. Many young people today are so focused on gaining technical expertise that they lose sight of this key to job success: traits like empathy, consideration, listening skills, and the ability to resolve conflicts are fundamentals in the workplace.
I think the simple step of how to buy a stock can be a bit overwhelming if you’ve never done it before. New companies are trying to make it easier to get started using technology to make the purchase more approachable. Stockpile is simply one of the best way to get started building wealth because you can buy shares […]