product
2195253Payback Timehttps://www.gandhi.com.mx/d9c63602-fdc0-4a1f-8fd6-184346d0131c/phttps://gandhi.vtexassets.com/arquivos/ids/1869431/34c978a4-8db8-4a6c-9302-b1a77248b175.jpg?v=638342096712130000251349MXNCrownInStock/Ebooks/<p><strong>Dont get mad, get even</strong></p><p>Phil Towns first book, the #1 New York Times bestseller <em>Rule #1,</em> was a guide to stock trading for people who believe they lack the knowledge to trade. But because many people arent ready to go from mutual funds directly into <em>trading</em> without understanding investingfor the long term he created <em>Payback Time.</em></p><p>Too often, people see long-term investing as mutual fund contributing otherwise known as long-term hoping. But the sad truth is that mutual fund investors are, to a stunning degree, pinning their hopes on an institution that is hopeless. It turns out that only 4 of fund managers consistently beat the S&P 500 index over the long term, which means that 96 of fund investors see a smaller return on their nest egg than a chimpanzee who simply buys stocks in the 500 biggest companies in America and watches what happens.</p><p>But its <em>worse</em> than that. The net effect of hitching your wagon to mutual funds is that over a lifetime theyll fritter away as much 60 of your nest egg in fees. Once you understand how funds engineer this, youll rush to invest on your own.</p><p><em>Payback Times</em> risk-free approach is called stockpiling and its how billionaires get rich in bad markets. Its a set of rules for investing (not trading but <em>investing</em>) in the right businesses at the right time -- rules that will ensure you make the <em>big</em> money.</p>...2074668Payback Time251349https://www.gandhi.com.mx/d9c63602-fdc0-4a1f-8fd6-184346d0131c/phttps://gandhi.vtexassets.com/arquivos/ids/1869431/34c978a4-8db8-4a6c-9302-b1a77248b175.jpg?v=638342096712130000InStockMXN99999DIEbook20109780307461889_W3siaWQiOiJkNDU2MjdiNC1hNjMzLTRhZjItODk1Mi0yNTg0ZDkwMGVkYTUiLCJsaXN0UHJpY2UiOjMyNywiZGlzY291bnQiOjc1LCJzZWxsaW5nUHJpY2UiOjI1MiwiaW5jbHVkZXNUYXgiOnRydWUsInByaWNlVHlwZSI6Ildob2xlc2FsZSIsImN1cnJlbmN5IjoiTVhOIiwiZnJvbSI6IjIwMjUtMDItMDVUMDY6MDA6MDBaIiwicmVnaW9uIjoiTVgiLCJpc1ByZW9yZGVyIjpmYWxzZX1d9780307461889_<p><strong>Dont get mad, get even</strong></p><p>Phil Towns first book, the #1 New York Times bestseller <em>Rule #1,</em> was a guide to stock trading for people who believe they lack the knowledge to trade. But because many people arent ready to go from mutual funds directly into <em>trading</em> without understanding investingfor the long term he created <em>Payback Time.</em></p><p>Too often, people see long-term investing as mutual fund contributing otherwise known as long-term hoping. But the sad truth is that mutual fund investors are, to a stunning degree, pinning their hopes on an institution that is hopeless. It turns out that only 4 of fund managers consistently beat the S&P 500 index over the long term, which means that 96 of fund investors see a smaller return on their nest egg than a chimpanzee who simply buys stocks in the 500 biggest companies in America and watches what happens.</p><p>But its <em>worse</em> than that. The net effect of hitching your wagon to mutual funds is that over a lifetime theyll fritter away as much 60 of your nest egg in fees. Once you understand how funds engineer this, youll rush to invest on your own.</p><p><em>Payback Times</em> risk-free approach is called stockpiling and its how billionaires get rich in bad markets. Its a set of rules for investing (not trading but <em>investing</em>) in the right businesses at the right time -- rules that will ensure you make the <em>big</em> money.</p>...9780307461889_Crownlibro_electonico_d9c63602-fdc0-4a1f-8fd6-184346d0131c_9780307461889;9780307461889_9780307461889Phil TownInglésMéxicohttps://getbook.kobo.com/koboid-prod-public/RandomHouse-epub-1f2189b2-6d77-4360-a1db-b6ea4935fae2.epub2010-03-02T00:00:00+00:00Crown