Golden Rules of Investing
Independently published
ISBN13:
9798317342869
$13.20
Golden Rules of Investing Golden Rules of Investing is your essential guide to building long-term wealth with clarity, confidence, and discipline. Written in an easy-to-understand style, this book uncovers timeless principles that every investor-beginner or experienced-should know.This book Contains: Chapter 1: The Foundation of Long-Term Investing SuccessPrinciples of Patience and Discipline: Key attributes for sustainable investing.Developing Emotional Resilience: How to manage emotions in volatile markets.Setting Realistic Expectations: Defining goals and recognizing the typical timeline of compounding gains.Chapter 2: The Power of Compounding - Making Money from MoneyCompounding Explained: How small, consistent investments grow exponentially over time.Case Studies: Examples of how ordinary individuals have grown wealth through compounding.Choosing the Right Assets for Compounding: Balancing stocks, bonds, and mutual funds for optimal growth.Chapter 3: Choosing the Right Investments for Long-Term SuccessStocks, Bonds, and Index Funds: Diversifying your portfolio with various asset classes.Assessing Risk Tolerance: Matching your investments with your ability to take risks.Understanding Market Cycles: How to identify growth opportunities in different economic phases.Chapter 4: Handling Market Crashes with ConfidenceThe Benefits of Staying Invested: Why not to panic-sell during downturns.Historical Market Recoveries: Examples of past crashes and how markets rebounded.Strategies for Reinvesting Wisely: Using crashes as buying opportunities for quality assets at low prices.Chapter 5: Strategies for Long-Term Wealth AccumulationThe Importance of Reinvesting Dividends: Leveraging compounding for exponential growth.Balancing Growth and Value Investments: How to incorporate high-growth stocks with stable, dividend-paying stocks.The Role of Dollar-Cost Averaging: Minimizing the impact of volatility by investing regularly.Chapter 6: Behavioral Biases That Affect Investment DecisionsRecognizing Cognitive Biases: Common psychological traps like overconfidence, loss aversion, and recency bias.Combating Emotional Decisions: Strategies to ensure logical decision-making even in emotional market moments.Maintaining an Investor's Mindset: Reinforcing the core beliefs and habits needed for lasting success.Chapter 7: Regular Portfolio Review and RebalancingSetting Regular Review Intervals: When and how often to check your portfolio.Adapting to Life Changes: Adjusting your strategy to align with major life events (career shifts, retirement, etc.).Rebalancing to Maintain Strategy: Why periodic rebalancing is key to controlling risk.Chapter 8: Long-Term Tax Strategies for InvestorsTax-Advantaged Accounts: Utilizing retirement accounts and other tax shelters.Tax-Efficient Investing: How to minimize tax burdens through investment choices.Capital Gains Strategies: Minimizing taxes on gains through long-term holding and strategic selling.Chapter 9: Coffee-Can Investing - The Art of Letting Investments BrewChapter 10: Value Investing - Finding Diamonds in the RoughChapter 11: Index Investing - Simple, Effective, and Low-CostChapter 12: Creating a Legacy - Generational Wealth through Investing
- | Author: Lalit Prasad Mohanty
- | Publisher: Independently Published
- | Publication Date: Apr 09, 2025
- | Number of Pages: 00104 pages
- | Binding: Paperback or Softback
- | ISBN-10: NA
- | ISBN-13: 9798317342869
- Author:
- Lalit Prasad Mohanty
- Publisher:
- Independently Published
- Publication Date:
- Apr 09, 2025
- Number of pages:
- 00104 pages
- Binding:
- Paperback or Softback
- ISBN-10:
- NA
- ISBN-13:
- 9798317342869