Stop Waiting, Start Investing: Build Wealth With 10 Minutes Of Work

by Ryan King

Stop Waiting, Start Investing is a timeless guide to help you build long term wealth using the stock market with only 10 minutes of work.-Are you a complete beginner to investing, and have no idea where to begin?-Are you already investing but unsure if you're following the right approach?-Does the idea of trying to invest for your future make you nervous?-Do you want to learn how to start investing, following a passive, simple, automated approach?If you answered yes to any of these questions, then this is the book for you.Stop Waiting, Start Investing is a great opportunity to invest in yourself, increase your financial education, and start to take control of your money.

Genres: Finance

240 pages, Paperback

Published November 26, 2024

About the author

Librarian Note: This profile contains multiple authors.

Reviews

[uncle roQ · Rating 5 out of 5]

I honestly think this is one of the best books on investing. I have read a couple of investment books and while they seem to tell you the benefits of investing, the mentality one has to have if entering the investment world, avoiding day trading, and of course explaining what stocks, indices and other securities are and in which situations you need each, this book gives that plus one more important thing: Ryan illustrates, with numbers, how beneficial investing can be through the 8th wonder of the world, compounding. He also shows which platforms to use, which indices to pick and how there are different packages and conditions for different countries. I honestly found this missing in a couple of books on investing. Why struggle trying to beat the market? The best strategy is to increase your contributions by increasing your net income and automating investments into a global ETF. That way you can still win whilst doing more important things - like spending time with your family and also investing in developing your skill so that you can increase your monthly contributions into whatever global fund you are investing into. Trying to be the next Warren Buffet by evaluating companies through DCF analysis is difficult and while one can occasionally beat the market, statistics show you can't consistently do it. So if you are investing long-term, just do the simplest by piggybacking on a Global Index. Too much time and expertise is required to find good companies and their intrinsic value. Even when you do, the supply chain can get disrupted when tariffs are announced (writing this just after Trump’s liberation day speech) soon after you start investing and that'd be a fast track to losing sleep. Diversify, simplify, automate. S&P500 has generally had better returns that Global indices, which makes sense considering that USA constitutes of more that 60% of the Global stock market. Japan was once in that position - dominating the markets, USA as well. They both lost that lead at one point, one of the countries hasn’t recovered the position yet. The other country did but who knows if it can’t ever lose the lead again especially after the liberation day speech. The point is diversify. It shields you from loses but lowers the chance of fast tracked gains. In a world of uncertainty, that seems like a fair trade.

I especially recommend this book to young people.

[Grammar not revised]

[Loz · Rating 3 out of 5]

Could be useful for someone looking to get into investing, and possibly a good catalyst. I found the writing too heavy-handed to be compelling, and think there are other personal finance books that cover investing in more comprehensive ways that can also help those just getting started. That said, love what the author is trying to do in encouraging others to start investing and not get overcharged by high fees.

[A. Fitz · Rating 3 out of 5]

Really repetitive and a written with the sense that you pick it up only to read a chapter or two that aligns with your questions, as opposed to cover to cover. You get the same key messages (good messages!) over and over.

[Fawaz Al-Izzy · Rating 3 out of 5]

Easy written book to strengthen and maybe getting to know the first few steps of investing and why it is a must for every young person to do so. Def recommend for a quick educational read.

[Fel · Rating 5 out of 5]

easy to read for the beginner investor