The Coffeehouse Investor - Softcover

Schultheis, Bill

Softcover

ISBN 10: 0976585707 ISBN 13: 9780976585701

Publisher: Palouse Pr, 2005

Synopsis

In The Coffeehouse Investor, Bill Schultheis shows readers that by focusing more on their passions and creativity, and less on money and the hype and hysteria of Wall Street, they will actually build more wealth”and improve the quality of their lives at the same time. The prose may be charming, but the investment advice is powerful and timely. Successful investing has nothing to do with hot stocks and cool mutual funds, but is achieved by adhering to the three simple steps set forth in The Coffeehouse Investor. There are ways to simplify investment decisions when building a sophisticated portfolio. With just a minimum of effort investors can learn to implement these steps and begin the gratifying process of building wealth, ignoring Wall Street, and getting on with life.

About this title

About the Author

Bill Schultheis spent 13 years working with individual and institutional accounts for Salomon Smith Barney in Seattle, Washington. He now brings his simple, inspirational message to individuals and corporations through his Coffeehouse Investor lectures and seminars. In addition to working on his second book, Bill coaches youth sports, climbs mountains, and loves to golf in the rain.

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

About this edition

• Publisher: Palouse Pr
• Publication date: 2005
• ISBN 10: 0976585707
• ISBN 13: 9780976585701
• Binding: Paperback
• Number of pages: 170