This book is a practical guide that builds on Mark Wylie’s first five books about long-term investing. The author shows how his methods and suggestions can be successfully implemented by people who don’t have much time or technical knowledge to perform detailed investment research and reviews.
Mark examines how to construct a wise portfolio with a margin of safety, including equity indexes, exchange-traded funds (ETFs), and cash. The Short Book of Being an Investor not a Speculator includes information on:
• Getting your life in order to invest for your future
• Understanding compounding growth (interest)
• Being an investor not a speculator
• Having an investment plan that works
• How to invest wisely
• Which investments to purchase
• Planning for your retirement
• How to structure your investment ownership
• Making it happen, and work
• Fees and cost minimisation
• Controlling your emotions.
This book is ideal for those smaller investors who are looking for an approach that will identify more stable investments that should deliver long-term returns. This approach is also suitable for self-managed superannuation funds (SMSFs) and is particularly effective during times of market pessimism.
Over more than 30 years of investing, author Mark Wylie has found that under most circumstances his long-term investing approach will produce very good results and will, from time to time, perform with outstanding results.
Cuprins
Chapter 1 Introduction 1
Chapter 2 Getting your life in order to invest for your future 5
Chapter 3 Understanding compounding growth (interest) 9
Chapter 4 Be an investor not a speculator 13
Chapter 5 Having an investment plan that works 19
Chapter 6 How to invest wisely 23
Chapter 7 Which investments to buy 27
Chapter 8 Plan for your retirement 33
Chapter 9 How to structure your investment ownership 37
Chapter 10 Making it happen and work 41
Chapter 11 Fees, costs and taxation 45
Chapter 12 Controlling your emotions 57
Chapter 13 Conclusion 61
Appendix A Calculating intrinsic value 65
Appendix B 8 steps to wise investing 73
Investment glossary 77
Despre autor
Favouring a fundamental and analytical approach to investing, Mark has undertaken extensive research into Warren Buffett’s methods. Mark holds a Diploma in Financial Advising. In 2002 Mark launched his business with the aim of helping investors understand long-term investing and prepare a personalised strategy that would yield pro itable and improved returns over the long term.
The Short Book of Being an Investor not a Speculator is Mark Wylie’s sixth book. Mark lives in Glenelg North in South Australia.