A simple guide to a smarter strategy for the individual investor
A Wealth of Common Sense sheds a refreshing light on investing, and
shows you how a simplicity-based framework can lead to better investment
decisions. The financial market is a complex system, but that doesn't
mean it requires a complex strategy; in fact, this false premise is the
driving force behind many investors' market "mistakes." Information is
important, but understanding and perspective are the keys to better
decision-making. This book describes the proper way to view the markets
and your portfolio, and show you the simple strategies that make
investing more profitable, less confusing, and less time-consuming.
Without the burden of short-term performance benchmarks, individual
investors have the advantage of focusing on the long view, and the
freedom to construct the kind of portfolio that will serve their
investment goals best. This book proves how complex strategies
essentially waste these advantages, and provides an alternative game
plan for those ready to simplify.
Complexity is often used as a mechanism for talking investors into
unnecessary purchases, when all most need is a deeper understanding of
conventional options. This book explains which issues you actually
should pay attention to, and which ones are simply used for an illusion
of intelligence and control.
- Keep up with--or beat--professional money managers
- Exploit stock market volatility to your utmost advantage
- Learn where advisors and consultants fit into smart strategy
- Build a portfolio that makes sense for your particular situation
You don't have to outsmart the market if you can simply outperform it.
Cut through the confusion and noise and focus on what actually matters.
A Wealth of Common Sense clears the air, and gives you the insight you
need to become a smarter, more successful investor.
