Money phycology: Permanent fortune (Paperback) (ISBN-13: 9798355047054)

Business, investment, and personal finance decisions are usually taught as math-based disciplines where data and formulae give precise directions. However, people do not actually make financial decisions on a spreadsheet. They are produced at the dinner table or in a meeting room, when a variety of factors are combined together, including personal history, your unique viewpoint, ego, pride, marketing, and odd incentives.

Together, we'll investigate:

Why you should stay out of debt and what to do if you're already in it

The significance of having money

Understanding how to think about money and the special way this works is essential to accumulating riches

Where conventional advise on investing fails and what truly works

What is the stock market, and how does it actually work?

Why the stock market continually rises and why most investors continue to lose money

How to invest effectively in a choppy market

specific investments to put these concepts into practice

The phases of wealth creation and preservation in your investing career and why they are not always correlated with age

How those phases relate to your asset allocation and how to choose it

Target retirement funds, health savings accounts, and mandatory minimum distributions (required minimum distributions)

How to choose an investment firm and why the one I suggest is so much better than the competition

Why hiring an investing advisor is something you should do with extreme caution and whether you even need one

Why and how you can be duped, as well as tips on avoiding becoming a victim

What it means to be financially independent and how to make your money work for you

What is the Four Percent Rule and how can you utilize it to spend your money safely?

The real story of Social Security

A real-world example of how this can all be put into practice

and lot more

Author: Robert C. Stephen
ISBN-10: 8355047052
ISBN-13: 9798355047054
Publisher: Independently Published
Language: English
Published: 09/28/2022
Pages: 78
Format: Paperback
Weight: 0.26lbs
Size: 9.00h x 6.00w x 0.16d