The Chestnut and Cedar Stock Report: Investment Handbook for Young Adults

Spinella, Joseph

Published by Ail Newmedia Pub
ISBN 10: 1893798496 / ISBN 13: 9781893798496
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Synopsis: The first thing to hit your eyes when you see this book's cover is, "I can make 1.29 million in forty years! 2.87 million in fifty years!!" Wow! What? Forty years? Fifty years!? Whom is the author kidding? Will I be around for fifty more years? That's half a century, practically. Why would you, the young investor, think you need to plan ahead that long? Why indeed? The payoff is great - but investing $5,000 every year, and not touching your money for forty years? Fifty years? Is this really NECESSARY??? MORE THAN YOU CAN IMAGINE! The U.S. Census Bureau reports that the average life expectancy of the baby boomers is 74 years for men and 79 years for women, WORKING AN AVERAGE 40 YEARS. Just following the trend (by linear extrapolation) established in the last century, today's 25-45 year-olds, the "X" generation, will live an average of 101 years and 108 years respectively, AND SPEND 50-60 YEARS OF THEM WORKING. If you belong to the leading edge of the "Y" generation, starting off on your own, or looking for work, your chances of living for 120 years to ETERNITY are better than 80%. Don't believe me? Read "Fantastic Voyage: Live Long Enough to Live Forever" from Ray Kurzweil. Do you need the author's advice? You bet your savings!

From the Author: The Chestnut and Cedar Stock Report's "Investment Handbook for Young Adults" is an introductory investment handbook written for young adults and students. It fills a much needed void in investment education. Today's young adults are interested in broadening their knowledge base for making insightful and successful investment decisions. The markets are a sophisticated and costly arena for mistakes. Learning through a "trial and error" approach is an expensive process that can be avoided by reading this book. In addition, people from all segments of the marketplace can learn how to avoid inappropriate investment decisions and can be successful investors. These include corporate professionals, military personnel, civil servants, technicians, as well as the self-employed. Everyone can benefit by this book.

Time itself is the best competitive advantage that young adults have in building wealth. Time wasted on bad short-term investment decisions is better spent on learning "the game" itself.

This book lays out in an easy and understandable manner the advantages and disadvantages of most financial instruments. The book is purposely written to be read in short increments and is intended to be part of everyone's permanent library.

Sincerely, Joe Spinella, CPA, MBA

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Title: The Chestnut and Cedar Stock Report: ...
Publisher: Ail Newmedia Pub
Binding: Paperback
Book Condition: Very Good

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