In 1998, after thirteen years of providing investment advice for Smith Barney, Bill Schultheis wrote a simple book for people who felt overwhelmed by the stock market.
He had discovered that when you simplify your investment decisions, you end up getting better returns.
As a bonus, you gain more time for family, friends, and other pursuits.
The Coffeehouse Investor explains why we should stop thinking about top-rated stocks and mutual funds, shifts in interest rates, and predictions for the economy.
Stop trying to beat the stock market average, which few -experts- ever do.
Instead, just remember three simple principles: Don't put all your eggs in one basket.
There's no such thing as a free lunch.
And save for a rainy day.
By focusing more on your passions and creativity and less on the daily ups and downs, you will actually build more wealth--and improve the quality of your life at the same time.
Principles | Dont put all your eggs in one basket |
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