To those who deal with investments.
Have you ever had a tip, mentor or book that has really worked in the market place?
Starting out investing can be a daunting place to be and while there is lots of advice and self help books on the subject there seems to be a very real dirth of "how to" that really work.
I encourage others who have had experience in these matters to use this thread to share the advice that WORKED and helped them.
Three books that helped me the most are -
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Buffettology - written by Mary Buffett.
It gives detalied analysis of HOW Buffett commits capital to investment from a business perpective, the strategy and most important of all the mathematical equations to workout a companies Intrinsic worth and what is the correct price to pay for the stock using nothing more than a common hand held calculator.
The step by step instructions and the equations in this book work.
It is written in plain english with very little jargon.
This book is one of my most prized posessions.
----------------------------------------------------------------------
The whole series of Robert Kiyosaki's books.
Straight forward.
Once again written in plain english and I found they dovetail in well with the concepts in Buffettology.
Covers alot of ground that Buttettology doesn't like property investments and Start up finance.
----------------------------------------------------------------
Your Mortgage and how to pay it off in five years by someone who done it in three - Anita Bell.
Gets down to the nitty gritty of househould expenses and personal dept reduction without heartache.
----------------------------------------------------------------
Tips-
# Get the very best proffesional help you can afford e.g - Lawyers, accountants all of whom specialize in finance, company law and taxation.
Remember it is Tax minimisation, Not Tax avoidance.
Pay these people well.
My team Do not make mistakes, they are the very best in their feild and I pay them above their hourly rate.
# Don't cling to deals.
Know when t walk away.
Never feel like You have to make a deal work.
There are always good profitable projects that need money.
Have you ever had a tip, mentor or book that has really worked in the market place?
Starting out investing can be a daunting place to be and while there is lots of advice and self help books on the subject there seems to be a very real dirth of "how to" that really work.
I encourage others who have had experience in these matters to use this thread to share the advice that WORKED and helped them.
Three books that helped me the most are -
----------------------------------------------------------------------
Buffettology - written by Mary Buffett.
It gives detalied analysis of HOW Buffett commits capital to investment from a business perpective, the strategy and most important of all the mathematical equations to workout a companies Intrinsic worth and what is the correct price to pay for the stock using nothing more than a common hand held calculator.
The step by step instructions and the equations in this book work.
It is written in plain english with very little jargon.
This book is one of my most prized posessions.
----------------------------------------------------------------------
The whole series of Robert Kiyosaki's books.
Straight forward.
Once again written in plain english and I found they dovetail in well with the concepts in Buffettology.
Covers alot of ground that Buttettology doesn't like property investments and Start up finance.
----------------------------------------------------------------
Your Mortgage and how to pay it off in five years by someone who done it in three - Anita Bell.
Gets down to the nitty gritty of househould expenses and personal dept reduction without heartache.
----------------------------------------------------------------
Tips-
# Get the very best proffesional help you can afford e.g - Lawyers, accountants all of whom specialize in finance, company law and taxation.
Remember it is Tax minimisation, Not Tax avoidance.
Pay these people well.
My team Do not make mistakes, they are the very best in their feild and I pay them above their hourly rate.
# Don't cling to deals.
Know when t walk away.
Never feel like You have to make a deal work.
There are always good profitable projects that need money.