Not a member?     Existing members login below:
Black Friday! Choose Your Mobile Library Here

The Wise Investor

Some wealthy people can afford to spend their time on
leisure activities, and may prefer to spend as little time as
possible considering investments.
If you save money in the ways I will show you, then you
will be making investments within a few months.
Within a year, you could even invest in property or
shares, and increase your wealth through investing."
John had raised some interesting points that Kate had not
considered, but she still did not see how it could work for
her.
However, Kate had faith in her grandfather. He was
successful himself, and although she knew little about the
early part of his life, she knew that he had never inherited
any money and that he had made it all himself.
"You speak about wise investment, grandfather," Kate
said as she thought out loud, "but I hardly know any more
about investment than my young children do. I don't have
any qualifications or experience, and I just wouldn't know
where to start. It's all incredibly complicated."
"The world of money and finance is very complicated,”
John began, “However, the principles that govern it are very
simple indeed.
I can teach you everything you need to know to invest
successfully.
The more you know, the better you will be able to
manage your investments, but the essentials are very simple.
Don't imagine, though, that because they are simple that
everyone but you understands them. On the contrary, very
few people seem to follow the most basic principles of wise
investment.
I am constantly amazed at the mistakes people make but
not following a few common-sense guidelines. If you follow
the guidelines I give you, you will be far more successful
than the average person at investing your money."
Kate pondered John's words.
Some of her initial scepticism was beginning to fade.
John knew her background and situation, and if he was
18
Remove