Is your money working to make you rich or are your mistakes making only your brokers, traders and mutual fund and insurance agents wealthy? While the rich investor builds wealth for himself, most investors commit elementary mistakes and lose money.
This book on common sense investing highlights the typical mistakes made by investors and shows you ways to avoid and rectify them:
● Why investment losses arise — and how to avoid them
● Why you must pause and think before investing on tips and advice
● Why timing is important in investing — and how you can time your investment using simple methods
● Never follow "star" or "large" investors — you don't know why they are investing and when they might exit
● How to profit from "flavour-of-the-day" investments — and when to avoid them
● Why you must take your own investment decisions
● How simple investments earn more and cost less to manage
● Why your savings generate the best returns when invested early and liquidated at the right time — and much else.
If you give the same amount of thought to your investments as you do, say, to selecting a car for yourself or a school for your child, your investments will work handsomely for you. This easy-to-read, illustrated book will help you avoid all the common investing mistakes and grow rich.