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Ebooks The Wealth Tao : Wu Wei PDF by Zhou Wang for free Category: No data
The author of the book: Zhou Wang
Edition: Createspace
Date of issue: 09 May 2014
EAN: 1499351348
ISBN: 9781499351347
Language: English
Format files: Epub, PDF
The size of the: 925 KB
City - Country: United States

Full description of the book The Wealth Tao : Wu Wei:

I have just three things to teach: simplicity, patience, compassion. These three are your greatest treasures.Lao Tzu Funny, but the Master of wealth-building says the same thing: "The stock market is a device for transferring money from the impatient to the patient." Warren Buffett Patience is important in life and in building wealth. Most investors are not patient so most investors are not wealthy. In fact, the average investor earns only 2.56% annually according to DALBAR's annual Qualitative Analysis of Investor Behavior. Mr Buffett's strategy of patience is the most successful. He earns about 20% a year PDF compounded over time. He does not buy and sell stock. In other words, he holds the stock of companies for a long time. Most investors jump from one successful stock or mutual fund to another. Each time they do this, they are basically paying at the higher price AFTER the security has proved successful. Each time they are disappointed and then sell at a lower price. Every buy and sell transaction costs them a commission or fee, reducing their gains even more. They earn 2.56% while Buffett earns 19.7%. Wu wei is the core of the Wealth Tao. It means there ePub is no need to struggle to reach our goals. Once we establish our stock portfolio or mutual funds, we do nothing to stop the growth of our account. We patiently let the market provide our wealth. Buffett has been patient for over 40 years and has grown his initial investment of $6,000 (from paper routes) to $65 billion. You don't need to do a thing to grow your money in the stock market. As Buffett has said: We continue to make more money when snoring than when active. berkshirehathaway.com/letters/1996

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About the author Zhou Wang

Zhou Wang has been in financial services for over 20 years. He was a managing executive of the sales units of a number of firms. He is one of the insiders who contributed to the The Insiders Guides set of buyers' guides edited by Dan Keppel. The guides provide specific ways to save on all financial services. The Insiders' Guides to Buying Discount Financial Services: Buy Direct and Save $3,000 Every Year is available at Amazon, Barnes & Noble, Junglee, bookadda, allbookstores, ebay, fishpond, alibris, powells, booksamillion, etc


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6 Comments:


Shelby Welker
Thank you for the book, have long sought
1 day ago


Fritz Auslander
Like a good book!
2 days ago


Rhett Bryner
I stopped reading this book shortly after the start.
2 days ago


Corey Keating
Finally I was able to download it!
3 days ago


Rory Greenwald
excellent site
3 days ago


Brenton Pettiford
Very exciting book, would continue as quickly as possible!
3 days ago




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