The Chief Investment Officer of Merrill Lynch Wealth Management explains why goals, not markets, should be the primary focus of your investment strategy-and offers a practical, innovative framework for making smarter choices about aligning your goals to your investment strategy. Today all of us bear the burden of investing wisely, but too many of us are preoccupied with the wrong priorities-increasing returns at all costs, finding the next star fund manager, or beating "the market." Unfortunately conventional portfolio theory and the grand debates in finance have offered investors only incomplete solutions. What is needed, argues Ashvin B. Chhabra, is a framework that shifts the focus of investment strategy from portfolios and markets to individuals and the objectives that really matter: things like protecting against unexpected financial crises, paying for education or retirement, and financing philanthropy and entrepreneurship. The Aspirational Investor is a practical, innovative approach to managing wealth based on key goals and the careful allocation of risks rather than responding to the whims of the financial markets. Chhabra introduces his "Wealth Allocation Framework," which accommodates the three seemingly incompatible objectives that must underpin every sound wealth management plan: the need for financial security in the face of known and unknowable risks; the need to maintain current living standards over time despite inflation; and the need to pursue aspirational goals for wealth creation. Chhabra reveals some surprising facts about wealth creation, reinterprets the success formulas of investing greats like Warren Buffett, and closes the gap between theory and practice by simplifying our understanding of key asset classes and laying out a concise roadmap for identifying, prioritizing, and quantifying financial goals. Raising the bar for what we should expect from our investment portfolios-and our financial advisors-The Aspirational Investor sets us on a path to more confident and fulfilling financial lives.
Derek Rory never meant to propose to his best friend's little sister. But when her boss tells a family-oriented investor he's Stephanie's fiancé, Derek can either play along or let her get fired. He's hardly one to turn away from a damsel in distress. If only that damsel wasn't adorable and sexy with a laugh that could melt any cold business mogul's heart. When a business proposal becomes a marriage proposal, Stephanie Miller tries to keep it strictly boardroom. But when things get hot under the table, it's all they can do to stay apart. As the tangle of lies drags them deeper into the underhanded world of business politics, Stephanie finds herself in over her head - not just with her job, but with her "fiancé." His eyes are cold, but his kisses light her on fire. If she's not careful, she'll end up faking her way into a real romance. 1. Language: English. Narrator: Lucy Rivers. Audio sample: http://samples.audible.de/bk/brll/009134/bk_brll_009134_sample.mp3. Digital audiobook in aax.
Do you want a secure financial future that starts sooner, rather than as you're approaching retirement? By investing in multi-let properties, you can double or even triple the level of rental income generated by single letting, and realize cash flow from the start. In this book, multiple business owner and investor, Nick Fox, clearly guides you through the steps to building a HMO portfolio that delivers both on-going income and a tangible pension pot. Having been self-employed since he left school, and now with a portfolio of more than 200 properties, Nick knows what it is like to start a business from scratch and make it profitable, even through a global economic crisis. "As with any business, success in property investment demands careful preparation and hard work. By sharing my HMO Business model and the knowledge I've gained from experiences good and bad, I will make it easier for other investors to achieve their own success and financial freedom." - Nick Fox 1. Language: English. Narrator: Michael Rhys. Audio sample: http://samples.audible.de/bk/acx0/032204/bk_acx0_032204_sample.mp3. Digital audiobook in aax.
Revealing the tricks leading to success that today's market wizards keep up their sleeves, The Little Book of Trading is the resource you need to get all markets working for you again. Recent events have left the average individual investor extremely dubious about playing the markets. But just because some unprepared individuals have paid for their mistakes is no reason to stay away from taking advantage of trending opportunities that, with a little careful planning, can yield exceptional results. Market fluctuation is nothing new, but there is a set of rules and philosophies you can rely on to get the market back on your side, regardless of whether times are good or bad. Drawing on author Michael Covel's own extensive experience in the trading world, as well as tips and insights gathered from some of the world's most successful traders, this book identifies the tools, concepts, psychologies, and philosophies that will keep your money growing—and safe—even when the next bubble bursts or the next crisis hits. With each chapter featuring easy-to-understand advice from a top trader or trading firm that has won by beating mutual-fund performance, this Little Book prepares the cautious, would-be investor to make money like an old hand and presents a revolutionary new argument: that mutual funds, long the investment vehicle of choice for people looking for security in retirement, are no longer to be relied on. With everything you need to grab all markets by the horns, this book provides a comprehensive overview of active investing strategies and risk-management techniques that you can easily use to your best advantage. 1. Language: English. Narrator: Sean Pratt. Audio sample: http://samples.audible.de/bk/gdan/000592/bk_gdan_000592_sample.mp3. Digital audiobook in aax.
Anyone looking to get into the world of cryptocurrency has already given some careful consideration to how to go about it. If you are one of those who has seen the potential of Ethereum and want to take advantage of the growing profits, then you need some basic guidelines on how best to invest. This audiobook is designed to give you step-by-step instructions on how to get started and join the Ethereum bandwagon. Unlike Bitcoin, Ethereum is still very new in the crypto world, but it is growing fast. Learning some of the most successful strategies that have helped many to make their own fortunes could be your own ticket to financial freedom. In this audiobook, you’ll learn: What is Ethereum How it came about How to prepare to invest or trade Ethereum How to analyze the charts and what you can learn from them Investment and trade strategies How to make use of the tools on your exchange This audiobook will lay the groundwork for your future as an investor or trader in Ethereum. Once you’ve learned the tips, you’ll be ready to launch a whole new career as you take your place in a field where the profits are ripe for picking. 1. Language: English. Narrator: Bob Barton. Audio sample: http://samples.audible.de/bk/acx0/109225/bk_acx0_109225_sample.mp3. Digital audiobook in aax.
Do you want to learn using simplified teaching methods in an easy, step-by-step format? Do you want to learn how to create passive income? If you want to make a profit in dividends, then keep reading....Passive income is one of the ways to achieve your financial goals within a shorter time frame. It's a way of earning without spending much effort or energy. In other words, you earn money automatically. Yes, it's that awesome. Passive income removes you from the rat race and offers you more control over your time. Since time is money, it offers you control over finances. Once you have a passive income, you don't have to struggle to meet your monthly financial quota. However, earning a passive income is not an easy feat, as when you start, it requires enormous effort and careful decision making. Earning a passive income requires you to place your "eggs in the right basket", and there's no better niche to invest your income in than dividend investments.Dividends investment involves earning dividends from your shares in a corporation. Although it's overlooked by many new investors, dividends investments are a sure-fire way of getting passive income. In fact, dividend investments account for a large percentage of stock returns. Mind you, dividend investing is not a get-rich-quick scheme. It requires the ability to understand the financial market and more importantly, to be extremely patient. So, get ready to explore the innumerable benefits and intricacies of dividends.Every day, you come across internet ads and brokers promising to make you a "super" investor. You must come across a few of these adverts every week. It's a pity that many jumps on this bandwagon of investment without learning how to properly navigate the world of stocks. The word "investor" has been bandied around so many times that it has lost its value. It is therefore not a surprise to see some lose their life fortune all in the name of investment. Investing your m 1. Language: English. Narrator: Peter Prova. Audio sample: http://samples.audible.de/bk/acx0/188274/bk_acx0_188274_sample.mp3. Digital audiobook in aax.
Just as with raising children or as with nurturing one's career, "success" within personal investing allows plenty of room for subjectivity. After exploring the common opinions of prominent economic actors, established entrepreneurs, and financial advisors, I have come to define a successful investor as someone who, with a moderate amount of time, devises an investment strategy to achieve financial objectives and personal objectives and who gains access to competitive returns by undertaking a certain degree of financial risk. Upon a careful investigation of recent market trends, investing research, and stock market perception, it becomes apparent that stock-market-specific decision making builds on both objective variables (unbiased reports, facts, financial figures, diagrams), and subjective factors (investors' reactions to quantifiable market indicators, such as apprehension, haste, stubbornness, fear, greed, impatience, etc.). Among the ranks of inexperienced stock-market investors, this overlap renders market actors prone to a number of investing mistakes, some bigger than others. In other words quality decision making in stock trading is not limited to staying up to date with the facts. Decision making is more about learning how to perceive and interpret the information you get in order to come up with conscious, well thought out action plans. Even the most knowledgeable and intelligent stock-market players can succumb to simple mistakes if they base their decisions on pure instinct instead of reasoning. In fact a large majority of mistakes are the consequence of subjective thinking - in other words of letting feelings take control when making decisions. Because of that, before we begin enumerating and discussing the most common mistakes and traps of stock market investing, we will first discuss the behavioral aspects of investing and probe into several important aspects of cognitive psychology. 1. Language: English. Narrator: David Williams. Audio sample: http://samples.audible.de/bk/acx0/036915/bk_acx0_036915_sample.mp3. Digital audiobook in aax.
If this is your first time ever and you are set to invest in real estate and create a rental property, you will want to listen to all the information on how to achieve your goal in this audiobook! You may want to have your first real estate investment be the beginning of your real estate business dreams. This audiobook is jam-packed with valuable information on the kinds of properties that can be turned into rental properties, investment strategies, financing options, how to deal with contractors, and much more. How should you handle major repairs? How much rent should you charge? There are many answers to questions that a first-time investor has and are found in this publication. Where should I invest? How much of an investment should I make? How beneficial is it to invest in a condominium or townhouse to create a rental property? How much rent should I charge? The information is here in this audiobook waiting for you to use it to achieve your goals and create a successful rental. Some of the highlights are:The first things you should do before you even begin to look for a propertyHow to generate profits by careful planning The pros and cons of investing in rental propertiesHow to recognize and avoid real estate scamsThe various strategies used for investing in rental propertiesHow to locate the right propertyDifferent types of rental propertiesWhat kind of property to invest in even with limited capitalFinancing options to fund your rental property purchaseRental property rehabs and how to work with contractorsProperty Investment on a long-term basisBuilding and investment businessAnd much more! 1. Language: English. Narrator: Andrew S. Baldwin. Audio sample: http://samples.audible.de/bk/acx0/189301/bk_acx0_189301_sample.mp3. Digital audiobook in aax.
The chief investment officer of Merrill Lynch Wealth Management explains why goals, not markets, should be the primary focus of your investment strategy - and offers a practical, innovative framework for making smarter choices about aligning your goals to your investment strategy. Today all of us bear the burden of investing wisely, but too many of us are preoccupied with the wrong priorities - increasing returns at all costs, finding the next star fund manager, or beating "the market". Unfortunately conventional portfolio theory and the grand debates in finance have offered investors only incomplete solutions. What is needed, argues Ashvin B. Chhabra, is a framework that shifts the focus of investment strategy from portfolios and markets to individuals and the objectives that really matter: things like protecting against unexpected financial crises, paying for education or retirement, and financing philanthropy and entrepreneurship. The Aspirational Investor is a practical, innovative approach to managing wealth based on key goals and the careful allocation of risks rather than responding to the whims of the financial markets. Chhabra introduces his "Wealth Allocation Framework", which accommodates the three seemingly incompatible objectives that must underpin every sound wealth management plan: the need for financial security in the face of known and unknowable risks; the need to maintain current living standards over time despite inflation; and the need to pursue aspirational goals for wealth creation. Chhabra reveals some surprising facts about wealth creation, reinterprets the success formulas of investing greats like Warren Buffett, and closes the gap between theory and practice by simplifying our understanding of key asset classes and laying out a concise roadmap for identifying, prioritizing, and quantifying financial goals. Raising the bar for what we should expect from our investment portfolios - and our financial adv 1. Language: English. Narrator: Brett Barry. Audio sample: http://samples.audible.de/bk/harp/004495/bk_harp_004495_sample.mp3. Digital audiobook in aax.