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    The First Time Investor: How to Invest with Little Money
    The First Time Investor: How to Invest with Little Money
    The First Time Investor: How to Invest with Little Money
    Ebook83 pages1 hour

    The First Time Investor: How to Invest with Little Money

    By Bruce Walker

    4.5/5

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    About this ebook

    Do You Know That Most Wealthy People Are Highly Successful Investors??


    Investing is Not Gambling

    Learning how to grow your money by making smart investments can open doors to financial freedom and provide stability in later life -- but how are you supposed to get started, especially in this economy? Is it truly safe to invest, and what about you non-financial resources such as time and energy?

    Investing is not just about money


    In The First Time Investor, Bruce Walker reveals smart investment moves that you can make whether you're a millennial in your 20s or a professional who is nearing retirement. It's not just a book about managing your finances -- The First Time Investor is a blueprint for proactive people who want to make the most of their health, emotional well-being, and personal relationships.
     

    In This Book, You Will Discover:


    • The meaning of key financial terms, such as "bond", "index fund", and "diversification"

    • How to invest when you only have a "small" amount of money

    • Why investing in your physical health is as important as investing in stocks

    • How to prosper financially, wisely grow your money, and live well


    Filled with scenarios, practical information, and motivational advice, the advice in this book will help you choose money-savvy investment strategies that will greatly enhance your quality of life.

    Download Now

    LanguageEnglish
    PublisherBruce Walker
    Release dateJan 23, 2018
    ISBN9781386915089
    The First Time Investor: How to Invest with Little Money
    Author

    Bruce Walker

    Bruce used to be an ordinary person with a high school degree. He’d been working as an order packer in a warehouse, but spent a lot of his spare time learning how to build an online business. A few life-changing books completely altered the way Bruce perceived his life and his online business. Today, Bruce strongly believes that success is 80% mindset and 20% strategy. Without his mindset and dedication, he would never be the person he is. Bruce is an entrepreneur who has launched several online businesses, the author of the book 'The Smart Passive Income Guide', and a coach who teaches other new entrepreneurs how to earn residual income and building an online business. Bruce loves animals, and when he’s not working he enjoys spending time at the zoo or aquarium with his girlfriend. He also loves to read.

    Read more from Bruce Walker

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    Reviews for The First Time Investor

    4.5/5

    9 ratings6 reviews

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    • 5/5
      I appreciated perusing this book and I will keep it in my library as a kind of perspective. I have perused a couple of speculator books throughout the years and this is the second one that I can genuinely say I could follow without disarray.

      1 person found this helpful

    • 5/5
      Yea, a pretty good book with valuable info. Great book for those that are new to investing~

      1 person found this helpful

    • 5/5
      Fantastic book that is very well written, with practical information. This is the first go-to book people should use!
    • 5/5
      I would not say I am new to investing, but overall, this book is really for beginners who want to learn and understand investing, this book also has a great simple way to learn basics on investing, highly recommend it to newbie investor only.
    • 5/5
      Great read. Enjoy the design of the book where you don’t have to read cover to cover but read pertinent chapter according to your interest or need. However if you’re new to investing, read from cover to cover. In general a good starter kit.

      7 people found this helpful

    • 5/5
      I am a bit of a finance and investing nerd and always enjoy learning more.
      However, my young adult son ISN'T naturally drawn to this topic, yet wants to understand his investing options well enough to make good choices for his future (without asking his mother).This book turned out to be a really great introduction and overview for him.
      The layout and flow is good, easy to understand, and gives a nice overview on many topics. Definitely recommend for new investors.

      3 people found this helpful

    Book preview

    The First Time Investor - Bruce Walker

    Introduction

    As a way of saying thanks for your purchase. I am going to share with you the BEST way to make passive income with the least amount of time, money, and effort.

    >>Click Here To Save Your Spot<<

    When it comes to investing, most people immediately start thinking about money.

    Standard, most popular definition of investing is:

    Investing is the act of spending money or capital in an endeavor (a business, project, real estate, etc.) with the expectation of gaining a profit or additional income.

    A lot of books on investing are devoted exactly to this topic. They talk about certain businesses and certain ventures that are supposed to make you money.

    What you will often find after reading such books is that an author would describe a particular scenario, tricks or a way of doing things that worked for him or her in his or her situation, but isn’t applicable to you at all.

    This book talks about investing in a broader sense.

    Devoting time, effort, energy to a certain area of life, project or even a relationship can also be viewed as investing.  When we are young, we invest time in going to school and doing homework. Later we invest energy into work and relationships. As we get older, we start to actually invest money to save for retirement. No matter what age a person is, it is always a smart idea to invest in health, sleep well, eat quality foods and exercise.

    This book is about all these things.

    We will first outline the areas of life you should be investing in and then will talk about when in your life you should invest in what.

    In your 20s you are young and most likely don’t yet have a family. This is not the time for conservative long-term investments, even though we do mention a few that are worth pursuing even in your 20s. This is the time to travel, explore mini-retirements and take risks.

    In your 30s, 40s, and 50s you are more likely to be making more money than you have been in your 20s. As you approach retirement age, you need to start becoming more conservative in your financial investments.

    One of the main questions people have about retirement is the following: do I have enough money to retire? Will I be able to live comfortably using my savings? The lifespan of people in the Western World is constantly increasing. You will live longer than you planned. This is good news. However, it is also bad news, because a long life requires a great deal of planning.

    Today out of workers fifty-five and older only one person out of four has invested assets of more than $100,000. One in three has less than $50,000. One out of every two baby boomers will not have enough savings to stay at their pre-retirement standard of living. Nearly two of four boomers say that they are not confident they will outlive their savings.

    Later in this book, we will also discuss the subject of how much you need to save for retirement and give you tips on how much you need to save in order to live comfortably once you stop working.

    Finally, we will discuss investment strategies that you can use in the long run during your entire life. These strategies are based on a number of principles.

    The first principle is that your profession and career are most likely to be the main source of your investable assets. Financial investing can be very powerful in growing your money, but in order to start investing, you need money, to begin with. This money is most likely to come from your job or your business and not some crazy stock trade or a lottery win. It is much more important to focus on making a stable reasonable amount of money than to chase non-existent opportunities. Financial investing should not be a process that takes your money and puts it into really risky arrangements.

    Secondly, you should never assume that you’d be able to replace your assets. Some people think that they’ll be able to earn back money lost in bad investments. This is simply not true. If you lose a large investment, it can take years and even decades of hard work to replace it. When losses of this size occur, investors often find that it is literally impossible to replace them no matter how long they work or how much they additionally save. Remember, as you get older, you are not getting faster or healthier. Taking huge risks with money you saved is gambling and gambling is never a smart idea.

    Thirdly, this book is about investing, not speculating. Investing is a process of defining a goal and executing a strategy that will take you to your goal. Focus and emphasis are on long-term results. Speculating is a process of engaging in financial activities for short-term profits, looking for the next big shiny thing, hot stock ideas, day trading or other highly risky approaches.

    Principle number four is that no one knows what will happen in the future. Most people wouldn’t go to a psychic every day to get a prediction about that day and advice on how they should behave. The idea of doing this every day sounds comical.

    At the same time, these same people gladly listen to talking heads on TV that love dispensing advice, including financial investment advice. Most of these TV prognosticators

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