Step 12: Invest & Relax
its shareholders to participate in the prosperity of a diversified portfolio of companies. We have evaluated how much risk we can stomach and have been encouraged to be willing participants in market volatility at risk-appropriate levels. We have been shown a rainbow of potential investment portfolios that cuts across a wide spectrum of risk and return. And finally, we have learned the value of walking with a trusted passive advisor who will guide us through the peaks and valleys of the market, away from the temptations of speculation and toward a more rewarding and tranquil way of investing. Each step of this book has been opened with a stanza from â€œThe Speculation Blues,â€? a song I wrote that summarizes the many emotions and struggles of active investors â€” the lyrics of which can be found on the following pages. This song details how those who go it alone, speculating instead of investing, unnecessarily struggle on their investment journey. I wrote this book to lead investors to a more peaceful and profitable investment experience. I sincerely hope this journey has brought you to a deeper understanding of investing and strengthened your ability to achieve a brighter financial future.
Published on Jun 1, 2015
This book reveals the potential land mines and pitfalls of active investing and educates readers on the benefits of passive investing with i...