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The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street and Get on with Your Life - Hardcover
Shows how to build wealth and improve your life by focusing more on your passions and less on Wall Street hype.
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About the Author:
Bill Schultheis is a partner and fee-only financial advisor with Soundmark Wealth Management and a former broker for Smith Barney. The first editon of The Coffeehouse Investor was published in 1998, and he has lectured and led seminars about it since. He lives in Kirkland, Washington.
From Booklist:
This little how-to-invest book, which elegantly summarizes our common worries about how to build wealth, was initially published 11 years ago. This updated, revised, and revamped edition stands the test of time—and of updating. Seattle-based Schultheis states his three principles of investing—allocate assets, approximate stock-market average, and save—then proceeds to expand and expound with personal stories and provocative questions. When is enough enough? What’s behind this Wall Street obsession to beat the market? Why do we need to lead a penny-pinching life today for a high retirement style tomorrow? Forget the complicated formulas, the diversity of spreadsheets. Concentrate instead, he advises, on understanding your burn rate, the meaning of diversification, and the value of being on financial autopilot. Like his peers (Suze Orman et al.), the author exposes two myths: “no load” mutual funds and “great companies make great investments.” All in all, solid and comfortable investment counsel that will help balance (and, eventually, grow) your balance sheet. Appended: partial list of index funds; notes; additional reading. --Barbara Jacobs
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- PublisherLongstreet Press
- Publication date1998
- ISBN 10 1563524848
- ISBN 13 9781563524844
- BindingHardcover
- Edition number1
- Number of pages176
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The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street and Get on with Your Life
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