Home » 10 Worst Money Mistakes and How to fix them NOW by Ian Sender
10 Worst Money Mistakes and How to fix them NOW Ian Sender

10 Worst Money Mistakes and How to fix them NOW

Ian Sender

Published December 6th 2013
ISBN :
Kindle Edition
89 pages
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 About the Book 

Are your …Investments earning less than the market average of 10%?Advisors taking fees without meeting your goals?Trading costs and taxes eating up your profits?Brokers not sticking with your investment policy?Emotions freezing you out of theMoreAre your …Investments earning less than the market average of 10%?Advisors taking fees without meeting your goals?Trading costs and taxes eating up your profits?Brokers not sticking with your investment policy?Emotions freezing you out of the stock market?You can correct these mistakes by using the time-tested strategy proven successful by Warren Buffett. Mr Buffett started with $6,000 saved from his paper routes and in 60 years, accumulated $60 billions. Mr Buffetts successful strategy is compounding.My wealth has come from a combination of living in America, some lucky genes, andcompound interest.Mr Buffett did not say wealth is about picking the next Apple or leveraging derivatives. In fact, he lives in Omaha not Wall Street.Compounding high earnings over time is the strategy we should have learned when we started investing. Compounding is money earning money on its earnings when it is reinvested. KahnAcademy.orgInvest your money in businesses sharing profits with you and over time you can reach $1,000,000. A special IRS-approved account makes your $1 million tax-FREE. Tax-FREE is like a $300,000 bonus from Uncle Sam.This is what compounding looks like over time.