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Tony Pow
How to be a billionaire
How to be a billionaire
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$8.95 USD
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I'm not a billionaire. If I were one, do you think I have the time to write a book? It is used to catch your attention. The title "How to be a 10 millionaire" does not sound too appealing. When a child wants to be a president, most likely he will end up at least a good citizen. Aim high.
However, if you're young, 10 million (in 2015's money) is very doable. I separated this book into 4 stages. If I had this book or a similar book when I started out, I could have made over 10 million by now.
When you are a recent college graduate, buy this book and start with Stage 1. It makes the ideal gift to a recent college graduate and s/he will thank you forever. It is truly a gift keeping on gifting. If you have the basic knowledge in investing, glance through Stage 1 and 2.
Stage 1
It is for young folks such as recent college graduates. Unless you are in investing industry, you do not want to spend a lot of time in investing. You have a life too! At this stage, concentrate in your career, invest fully in Roth IRA (if you're eligible), invest in ETFs and marry someone who does not spend money like no tomorrow. Contrary to the popular new belief, you should attend a good college even the monetary payback may not be good. You have a higher chance to find a compatible spouse with less chance of a divorce. A greasy lady graduated from a technical institute is not too appealing to me.
I design a simple plan on how to invest in ETFs and a simple way to time the market. It takes about 10 minutes on the first (or any) day of a month in investing.
Stage 2
Learn how to invest in the market. Use paper trade. I provide you all the tools. Depending on your time, learn stock investing but do not use real money. Knowledge means success. However, little and/or any misinterpretation could cost you money.
Stage 3
Invest in the market with real money. Start it small and increase your bet gradually. It is the gut of this book covering most areas in profitable investing. Stay away from day trading that this book does not describe; most newcomers lose money in day trading.
Stage 4
Protect your profits and donate some to the poor. There are more advanced topics covered here.
Last Update: 09/2015 Size: 250 pages (6*9)
However, if you're young, 10 million (in 2015's money) is very doable. I separated this book into 4 stages. If I had this book or a similar book when I started out, I could have made over 10 million by now.
When you are a recent college graduate, buy this book and start with Stage 1. It makes the ideal gift to a recent college graduate and s/he will thank you forever. It is truly a gift keeping on gifting. If you have the basic knowledge in investing, glance through Stage 1 and 2.
Stage 1
It is for young folks such as recent college graduates. Unless you are in investing industry, you do not want to spend a lot of time in investing. You have a life too! At this stage, concentrate in your career, invest fully in Roth IRA (if you're eligible), invest in ETFs and marry someone who does not spend money like no tomorrow. Contrary to the popular new belief, you should attend a good college even the monetary payback may not be good. You have a higher chance to find a compatible spouse with less chance of a divorce. A greasy lady graduated from a technical institute is not too appealing to me.
I design a simple plan on how to invest in ETFs and a simple way to time the market. It takes about 10 minutes on the first (or any) day of a month in investing.
Stage 2
Learn how to invest in the market. Use paper trade. I provide you all the tools. Depending on your time, learn stock investing but do not use real money. Knowledge means success. However, little and/or any misinterpretation could cost you money.
Stage 3
Invest in the market with real money. Start it small and increase your bet gradually. It is the gut of this book covering most areas in profitable investing. Stay away from day trading that this book does not describe; most newcomers lose money in day trading.
Stage 4
Protect your profits and donate some to the poor. There are more advanced topics covered here.
Last Update: 09/2015 Size: 250 pages (6*9)
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