I'm new to investing. Is there a simple place for me to start?
Early this year, I assembled the main threads of my thinking on investing into a five-part blog series:
- Passive Wealth Generation: From Zero to a Million Dollars in Five Measured Steps
- What Investment Return Should We Target?
- Investing in Equities
- Why Controlling Fees and Expenses Matters
- Perseverance in Long-Run Investing
In this series, I outline the basic methodology behind my own approach to investing, explaining why saving, setting realistic targets, buying equities, watching expenses and staying in the game are so critical to long-term success. As an investor, my own objective is to implement a sustainable investment system that works for perpetuity and properly sets the stage for managing whatever wealth remains in my portfolio when my time on our planet expires.
Within the blog articles, I mention a few books that you might find useful, one of which is Jeremy Siegel's Stocks for the Long Run.
In investing, as with most endeavors in life, I believe that focus and determination can carry one a long way. Since global equity markets tend to exhibit strong secularity (i.e., long-run returns are very significantly positive), really, time is on your side if you have sufficient patience and level-headedness to stick with it.