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How to be a billionaire 2nd Edition

How to be a billionaire 2nd Edition

          
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About the Book

Most likely this book will not make you a billionaire. I'm not a billionaire. If I were one, do you think I have the time to write a book? It is used to catch your attention. The title "How to be a 10 millionaire" does not sound too appealing. When a child wants to be a president, most likely he or she will end up at least a good citizen. Aim high. However, if you're young, 10 million (in 2020's money) is very doable. I separated this book into 4 stages on the road to become a 'billionaire". If I had this book or a similar book when I started out, I could have made over 10 million by now. I hope my readers will. When you are a recent college graduate, buy this book and start with Stage 1. It makes the ideal gift to a recent college graduate and s/he will thank you forever. It is truly a gift keeping on gifting. If you have the basic knowledge and time in investing, glance through Stage 1 and 2. You do not learn from someone you do not respect. If some of my readers bought the 15 or so stocks mentioned in my article Amazing Returns, in a year they would have made more money than any other articles published in any investing site. Some asked me for proofs and some blamed me for high commission costs, etc. All these questions were due to no respect. The fact is it returned more than 50% in a year from the publish date and I claim to be the best performing article in a year for recommending more than 15 stocks in diversified sectors.Stage 1 It is for young folks such as recent college graduates. Unless you are in investing industry, you do not want to spend a lot of time in investing. You have a life too! At this stage, concentrate in your career. Accumulate cash for an emergency fund to support you for six months and down payment for a house. Invest fully in Roth IRA (if you're eligible), at least the matched part of your 401K if available and ETFs for the extra fund. Do not marry someone who spends money like no tomorrow. Contrary to the popular new belief, you should attend a good college even the monetary payback may not be good. You have a higher chance to find a compatible spouse with less chance of a divorce. A greasy lady graduated from a technical institute is not too appealing to me.I design a simple plan on how to invest in ETFs and a simple way to time the market. It takes about 10 minutes on the first (or any) day of a month in investing.Stage 2Learn how to invest in the market. Use paper trade. I provide you all the tools. Depending on your time, learn stock investing but do not use real money. Knowledge means success. However, little and/or any misinterpretation could cost you money.Stage 3Invest in the market with real money. Start it small and increase your purchases gradually. It is the gut of this book covering most areas in profitable investing. The techniques are discussed in Advanced Topic Section. Stay away from day trading that this book does not describe; most newcomers lose money in day trading.Stage 4Protect your profits and donate some to the poor. In this stage, your health is more important than all the gold in the world.Update date: 01/2021Size: 190 pages (6*9)


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Product Details
  • ISBN-13: 9798607850005
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Height: 229 mm
  • No of Pages: 194
  • Spine Width: 11 mm
  • Width: 152 mm
  • ISBN-10: 8607850008
  • Publisher Date: 01 Feb 2020
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 290 gr


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