According to Robert Johnson, a teacher of funding at Creighton University, “The surest way to build real lengthy- word wealth is to invest in the stock market.” Just 60% of Americans are investing to make their money work for them. If they only knew that the average annual return on large capitalization stocks since 1926 is approximately 10% vs. the .46% -5% earned in their savings accounts.
Is it possible that the fact that only 17% of U.S. adults were taught financial literacy in high school or college contributed to our financial illiteracy?
The loss of our education system to include monetary studies in the curriculum failed to help Ann Marie Sabath, who herself suffered. She invested her wealth in certificates of deposit for 30 years, making a meager sum of money that was insufficient to keep up with inflation because she had no idea how to do so. She eventually found a answer in 2014 that caused her engaging knowledge to skyrocket. She was eager to learn but unsure where to turn. This aspiring entrepreneur began studying with a legendary violinist who had recently left the New York Philharmonic and who she immediately discovered knew how to do much more than just pizzicato. During his more than sixty- five times in the property market, he had amassed a fortune. He easily agreed to take her under his wing and teach her how to develop her own eggs chicken rather than hoard his information.
After ten years of study and the daily guidance of the man she refers to as her personal “Warren Buffet,” Sabath became a diversified investment user amassing a small fortune of her own. On April 1st, Soncata Press will release her tenth book, which will include educated, passionate advice for helping others. Its name, properly, is The Wannabe Investor: 40 May- Hear Facts Before Buying Your Second Stock.
Ann Marie stock her wealth of knowledge in this breakthrough book to help newcomers take the first steps toward investing in a publication that was released to correspond with Financial Literacy Month. Her writing design is wonderfully down to earth, making even the most complex ideas simple to understand. The Wannabe Investor is in the same category as Jean Chatzky and Kathryn Tuggle’s How to Money and John Bogle’s The Little Book of Common Sense.
Issues covered include:
- The seven mistakes persons make for not investing
- The two important steps necessary to make before purchasing a second share of stock
- The value of identifying your risk tolerance
- The seventh wonder of the world: compounding
- The one- hr- a- season investment strategy
Advanced Praise for The Wannabe Investor:
“For neophyte or casual investors, Sabath’s text could well become a balm for how to get started while minimizing threat, the information is presented in a clear, sensible order, and the narrative is personable and friendly, often illuminating certain principles with accounts from her own personal experience…. A convincing, warmly written link to beginning investing.”
—Kirkus Reviews
The “Wannabe Investor” is similar to talking with a friend who has navigated the complexities of investing.
—Erik Bethel, former U. S. director, World Bank Board of Directors
“The Wannabe Investor should be on every investor’s desk. I’ve spent many years managing hedge funds, and I fully agree with the need for new investors to understand the fundamentals of buying stocks before making an investment in the market.
—Jay Newman, Author, Undermoney
About the Author
The best-selling book What Self-made Millionaires Do That Most People Don’t is one of ANN MARIE SABATH’s ten books. Under the guidance of a seasoned stock market guru, her passion for investing grew during her ten life-changing years. She gained a thorough understanding of investment principles and wise financial decisions, which helped her build her substantial nest egg after six decades of success-building. Sabath spends her time today promoting success through the content of her other books, The Wannabe Investor, and other publications.