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The Buffett Strategy

The Buffett Strategy


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About the Book

Simple Low-Cost Investing Beats Wall Street Warren Buffett has proved it, again. You do not need Wall Street 'professionals' to reach your financial goals. In fact, if you use them, you may give up 63% of your potential accumulations because of bad trading, annual expenses, charges, commissions and fees. Buffett made a bet with a hedge fund manager for $1 million 10 years ago. So far Buffett's strategy has earned over 7% a year versus 2.2% for Wall Street's best and brightest. Buffett has advocated a simple low-cost strategy for decades: Buy the stock market index in a fund like Vanguard's 500 Index. Invest in the market returns consistently and you will do better than everyone you know. Instead of $854,000 at $250 a month you end up with $220,000 because of Wall Street costs. Over the long term, your returns would average over 11% per year. DALBAR keeps track of returns and found that the average managed-account equity investor earned just 3.79% a year over 30 years ended 2014. The benchmark returned 11.06%. We buy the stock market index at the low cost of 0.04% and so earn 11% over time. We avoid paying the 'load' or commission, miss-timing trades and hidden charges: purchase, redemption, 12b-1 fees. We don't need an advisor to decide to buy or own this fund. In fact, they take fees whether we receive a benefit or not. And don't be fooled by a 'no-commission' ETF: Expenses are near 1% a year. Costs matter long term. We take Buffett's unbiased (no fees) advice. We do NOT pick stocks or try to time the market. We invest automatically so we can't fail. We start our $1 million account in 1 hour FREE
About the Author: Law Steeple has been in financial services for over 20 years. He was a managing executive of the sales units of a number of bank securities firms. He is the author of Tax-FREE Wealth: How to use the tax laws for $2,000,000 free of tax. He is one of the insiders who contributed to the The Insiders Guides set of buyers' guides edited by Dan Keppel. The guides provide specific ways to save on all financial services. The Insiders' Guides to Buying Discount Financial Services: Buy Direct and Save $3,000 Every Year is available at Amazon, Barnes and Noble, Abebooks. Law lives in New Jersey and Florida. See Law's author page: https: //www.amazon.com/Law-Steeple-MBA/e/B008BH2SKE Follow Dan's blog: http: //dankeppel.blogspot.com/


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Product Details
  • ISBN-13: 9781978481022
  • Publisher: Createspace Independent Publishing Platform
  • Publisher Imprint: Createspace Independent Publishing Platform
  • Height: 229 mm
  • No of Pages: 34
  • Spine Width: 2 mm
  • Weight: 109 gr
  • ISBN-10: 1978481020
  • Publisher Date: 21 Oct 2017
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: $854,000 not $220,000
  • Width: 152 mm


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