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Investing sensibly is easy. We'll
say that again. Investing sensibly is easy. |
Why is it thought to be difficult?
Because there is an enormous range of opportunities available to
the investor. Many of these are complex products that are difficult
to evaluate. Many are carefully packaged to target the retail investor
(that means you and me), but often with features or weaknesses that
are hard to discern. What is certain is that choosing betwen these
opportunities requires analytical skill and economic understanding.
Why is it easy?
80% of the opportunities are junk, 10% are special-purpose investments
designed for specialists, 9% are sophisticated products that, properly
used, could make a contribution to the private investor's portfolio
and 1% are simple-to-understand investments that are quite sufficient
to build a sensible investment plan.
In Simple
Investing we'll show you how to identify the 1% and how to use
it. That's easy.
Later, if you want, in Advanced
Investing we'll show you how to add a layer of sophistication.
That's harder, but more fun.
For now, there is one more foundation step.
Move to the last Foundation
step: |
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Planning |
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