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The Simple Path to Wealth
- Your Road Map to Financial Independence and a Rich, Free Life
- ナレーター: JL Collins, Peter Adeney
- 再生時間: 6 時間 38 分
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Audible会員プラン 無料体験
あらすじ・解説
This book grew out of a series of letters to my daughter concerning various things - mostly about money and investing - she was not yet quite ready to hear.
Since money is the single most powerful tool we have for navigating this complex world we've created, understanding it is critical.
"But Dad," she once said, "I know money is important. I just don't want to spend my life thinking about it." This was eye-opening. I love this stuff. But most people have better things to do with their precious time. Bridges to build, diseases to cure, treaties to negotiate, mountains to climb, technologies to create, children to teach, businesses to run.
Unfortunately, benign neglect of things financial leaves you open to the charlatans of the financial world. The people who make investing endlessly complex, because if it can be made complex it becomes more profitable for them, more expensive for us, and we are forced into their waiting arms.
Here's an important truth: Complex investments exist only to profit those who create and sell them. Not only are they more costly to the investor, they are less effective.
The simple approach I created for her and present now to you is not only easy to understand and implement, it is more powerful than any other.
Together we'll explore:
- Debt: why you must avoid it and what to do if you have it
- The importance of having f-you money
- How to think about money, and the unique way understanding this is key to building your wealth
- Where traditional investing advice goes wrong and what actually works
- What the stock market really is and how it really works
- Why the stock market always goes up and why most people still lose money investing in it
- How to invest in a raging bull or bear market
- Specific investments to implement these strategies
- The Wealth Building and Wealth Preservation phases of your investing life and why they are not always tied to your age
- How your asset allocation is tied to those phases and how to choose it
- How to simplify the sometimes confusing world of 401(k), 403(b), TSP, IRA, and Roth accounts
- TRFs (target retirement funds), HSAs (health savings accounts), and RMDs (required minimum distributions)
- What investment firm to use and why the one I recommend is so far superior to the competition
- Why you should be very cautious when engaging an investment advisor and whether you need to at all
- Why and how you can be conned, and how to avoid becoming prey
- Why I don't recommend dollar cost averaging
- What financial independence looks like and how to have your money support you
- What the Four Percent Rule is and how to use it to safely spend your wealth
- The truth behind Social Security
- A case study on how this all can be implemented in real life
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The original 1937 manuscript was written and edited with the assistance of Napoleon’s wife. In later years, the existing document was again edited by Dr. Hill. For example, the Foundation owns a 1958 edition that Hill edited personally. This did not lessen the book’s value in Hill’s judgment. Hill made the editing remarks in his own handwriting and the resulting 1960 edited edition has sold over 100 million copies making it the most read self-help book of all time.
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Based on a far-reaching study of thousands of individuals, Finding Flow contends that we often walk through our days unaware of and out of touch with our emotional lives. Our inattention makes us constantly bounce between two extremes: During much of the day, we live filled with the anxiety and pressures of our work and obligations, and during our leisure moments, we tend to live in passive boredom.
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The Little Book of Market Wizards
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What differentiates the highly successful market practitioners - the Market Wizards - from ordinary traders? What traits do they share? What lessons can the average trader learn from those who achieved superior returns for decades while still maintaining strict risk control? In The Little Book of Market Wizards, Jack Schwager seeks to distill what he considers the essential lessons he learned in conducting nearly four dozen interviews with some of the world's best traders.
著者: Jack D. Schwager
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The Adventures of Tom Sawyer
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A natural storyteller and raconteur in his own right - just listen to Paddle Your Own Canoe and Gumption - actor, comedian, carpenter, and all-around manly man Nick Offerman (Parks and Recreation) brings his distinctive baritone and a fine-tuned comic versatility to Twain's writing. In a knockout performance, he doesn't so much as read Twain's words as he does rejoice in them, delighting in the hijinks of Tom - whom he lovingly refers to as a "great scam artist" and "true American hero".
著者: Mark Twain
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Millionaire Teacher
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The incredible story of how a schoolteacher built a million-dollar portfolio, and how you can too.
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Great advice for individual investors
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著者: Andrew Hallam
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Are you interested in earning significantly more? Have you always thought of dabbling into the stock market but felt too intimidated to wade through it? Fear not, because this audiobook will give you a rundown of the basics so you will have the basic knowledge you need to get started. What you will learn here will help you make empowered choices and reach your financial goals. You will also find the best practices that stock market professionals share so you will have an idea when you finally decide to try your hands on stock market investing.
著者: Rainier Dornell
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Invent and Wander
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In this collection of Jeff Bezos' writings - his unique and strikingly original annual shareholder letters, plus numerous speeches and interviews that provide insight into his background, his work, and the evolution of his ideas - you'll gain an insider's view of the why and how of his success. Spanning a range of topics across business and public policy, from innovation and customer obsession to climate change and outer space, this book provides a rare glimpse into how Bezos thinks about the world and where the future might take us.
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You must love Amazon
- 投稿者: 公平レビュー 日付: 2023/09/12
著者: Jeff Bezos, 、その他
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How to Trade in Stocks
- 著者: Jesse Livermore
- ナレーター: Joseph Kant
- 再生時間: 1 時間 43 分
- 完全版
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総合評価
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Jesse Livermore was a loner, an individualist - and the most successful stock trader who ever lived. Written shortly before his death in 1940, How to Trade Stocks offered traders their first account of that famously tight-lipped operator's trading system. Written in Livermore's inimitable, no-nonsense style, it interweaves fascinating autobiographical and historical details with step-by-step guidance on: reading market and stock behaviors.
著者: Jesse Livermore
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Warren Buffett
- Inside the Ultimate Money Mind
- 著者: Robert G. Hagstrom
- ナレーター: Steve Menasche
- 再生時間: 9 時間 50 分
- 完全版
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総合評価
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What exactly is a Money Mind? At one level, it's a way of thinking about major financial issues such as capital allocation. At another level, it summarizes an overall mindset for successfully investing in today's fast-paced stock market, a mindset that depends on a commitment to learning, adapting, and facing down irrelevant noise. This is not a method book. It is a thinking book. Warren Buffett: Inside the Ultimate Money Mind explains the philosophies of self-reliance, stoicism, rationalism, and pragmatism and their contributions to making intelligent investment decisions.
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The Simple Path to Wealthに寄せられたリスナーの声
カスタマーレビュー:以下のタブを選択することで、他のサイトのレビューをご覧になれます。
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総合評価
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- Kowalski04
- 2023/09/19
Clear, practical and actionable financial advice
THE SIMPLE PATH TO WEALTH offers a logical approach to investment, several tips on what to do and pitfalls to avoid. It is a bit too US-centric but is nevertheless recommended reading for anyone interested in achieving financial independence or retiring comfortably. The highlight of this audiobook is the narration by the author, JL Collins. His straightforward sense of humor both relaxes and inspires confidence.
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