Download audio-book Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track
- Audio-Book Title: Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track
- Audio-Book Author: Phil Town, Marc Cashman
- Audio-Book length: 9 hoursandnbsp;andandnbsp;2 minutes
- Audio-book file-size: 55.81 Mb
- Text-book file-size: 5.59 Mb
Description:
Phil Town's first book, the number-one New York Times best seller Rule #1, was a guide to stock trading for people who believe they lack the knowledge to trade. But because many people arent ready to go from mutual funds directly into trading without understanding investing for the long term, he created Payback Time.Too often, people see long-term investing as mutual-fund contributing - otherwise known as long-term hoping. But the sad truth is that mutual fund investors are, to a stunning degree, pinning their hopes on an institution that is hopeless. It turns out that only 4% of fund managers consistently beat the SandP 500 index over the long term, which means that 96% of fund investors see a smaller return on their nest egg than a chimpanzee who simply buys stocks in the 500 biggest companies in America and watches what happens.But its worse than that. The net effect of hitching your wagon to mutual funds is that over a lifetime theyll fritter away as much 60% of your nest egg in fees. Once you understand how funds engineer this, you'll rush to invest on your own.Payback Time's risk-free approach is called stockpiling and it's how billionaires get rich in bad markets. Its a set of rules for investing (not trading but investing) in the right businesses at the right time -- rules that will ensure you make the big money.
You can also download audio-book Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track by Phil Town, Marc Cashman at the next text formats: fb2, pdf, doc, txt, djvu, epub, mobi.
Links for download Audio-book:
Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track.rar
Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track.mp3
Links for download Text-book:
Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track.fb2
Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track.pdf
Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track.doc
Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track.txt
Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track.djvu
Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track.epub
Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track.mobi
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