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portada 10 investment biases that fried my nest EGGS: but I still made $900,000
Type
Physical Book
Publisher
Language
English
Pages
68
Format
Paperback
Dimensions
22.9 x 15.2 x 0.4 cm
Weight
0.10 kg.
ISBN13
9781547188956

10 investment biases that fried my nest EGGS: but I still made $900,000

Law Steeple Mba (Author) · Createspace · Paperback

10 investment biases that fried my nest EGGS: but I still made $900,000 - Steeple Mba, Law

New Book Imported to South Africa
Delivery: 10 Sep - 23 Sep Shipping: 16 to 20 business days.
R 422
R 422

Synopsis "10 investment biases that fried my nest EGGS: but I still made $900,000"

I wrecked my portfolio My retirement nest egg could have contained over a $1 million. Invested at 8% in a balanced fund, I could have spent $80,000 a year on average. But I fell victim to 10 investment biases that wrecked my portfolio. After learning about my mistakes, I was able to recover and still grew it to $900,000. I had never heard of Warren Buffett when I began investing in the early 80s. Warren Buffett had not yet provided his secret to investing. I had no idea that for investing, the key to success is cost. I did not know you can avoid taxes on retirement income. I did not know my money could grow faster just by leaving it alone. My first contact with 'investing' was deciding which options for my 401k account. The HR person said "you won't lose money with this one." They steered me to the "stable value" and money market options. That was my first big mistake. I learned to avoid my biases and invest well.

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