Author : Gary Thompson
Publisher :
ISBN 13 : 9781500732066
Total Pages : 146 pages
Book Rating : 4.7/5 (32 download)
Book Synopsis How to Become a Sophisticated Investor by : Gary Thompson
Download or read book How to Become a Sophisticated Investor written by Gary Thompson and published by . This book was released on 2014-08-01 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many persons make myriad financial investments throughout their lives but, almost always, benefit far less from those investments than they could have had they known a little bit more. Had they known a little bit more about how the financial markets work, or a little bit more about the products/services they were investing in, or a little bit more about themselves, they could have made excellent use of their money. However, for many persons being okay feels okay, so as investors they feel no urge to be excellent. If you believe that mediocrity is okay, then this book is not for you. However, if you believe in being all you can be, whether you are in the army or not, then here we go...It took me six months of managing a small branch of a money transfer company in Britain, plus two and a half years of investing in the international financial markets, plus a Master's degree in Business Administration (MBA) to become a sophisticated investor. However, now that I am one, I can tell you that you only need to take the following five steps in order to become one yourself. Step 1: Learn 4 golden principles of finance. Step 2: Get your feet wet. Step 3: Know yourself and know yourself well. Step 4: Learn how to build and manage your financial portfolio. Step 5: Let others do it for you but.It is important to note that those five steps are all in relation to your financial expenditures. Your entire financial portfolio actually includes the money you get in, how you get it, when you get it and so on. However, this book only covers how you give money out and what you should expect in return for that. For instance, you will be introduced to making stock investments in this book. However, how you will go about getting the money to actually make those investments is outside the scope of the steps given herein. Similarly, you will not learn how much debt is too much debt for your personal finances, or how to leverage extra hours of work each day, for extra income each month. Instead, you and I will go through principles, theories, and practices that sophisticated investors use to handle all their financial expenditures, including but not limited to: their working capital, which is the money they access and utilize on a regular basis; their savings, which is the money they put away to use in the future; and their investments, which is the money they use to make more money.In addition, this book introduces the OTPM. The OTPM is my personally created, financial asset pricing model, which captures a practical description of risk (which is also discussed in this book) and gives the type of expected return rates that will keep your financial objectives above what is available in the financial markets today. This is a good addition to your investing repertoire, since many investors tend to pull required returns from a hat, or simply want what they know is available. Learning to be a sophisticated investor means learning how to take control of your financial portfolio. How To Become A Sophisticated Investor therefore gives you 5 easy steps to do so!
