This book is a practical guide that builds on Mark Wylie’s first five books about long-term investing. The author shows how his methods and suggestions can be successfully implemented by people who don’t have much time or technical knowledge to perform detailed investment research and reviews.
Mark examines how to construct a wise portfolio with a margin of safety, including equity indexes, exchange-traded funds (ETFs), and cash. The Short Book of Being an Investor not a Speculator includes information on:
• Getting your life in order to invest for your future
• Understanding compounding growth (interest)
• Being an investor not a speculator
• Having an investment plan that works
• How to invest wisely
• Which investments to purchase
• Planning for your retirement
• How to structure your investment ownership
• Making it happen, and work
• Fees and cost minimisation
• Controlling your emotions.
This book is ideal for those smaller investors who are looking for an approach that will identify more stable investments that should deliver long-term returns. This approach is also suitable for self-managed superannuation funds (SMSFs) and is particularly effective during times of market pessimism.
Over more than 30 years of investing, author Mark Wylie has found that under most circumstances his long-term investing approach will produce very good results and will, from time to time, perform with outstanding results.