The First Rule of Investing is a book written for the first time or completely new investor who wants to take charge of their own money, and avoid expensive ‘advisor’ fees. The subtitle is ‘What I wish I knew before I started investing’ and it is written as a series of short, single subject, chapters. Full of useful advice and tips to help manage one’s first investments, it covers the slow and steady approach to generating profits and income from one’s savings, as well as the hurdles and temptations to avoid.
Aimed at the general reader who may either just have cashed their first pay cheque or one who just wants a lower risk investing approach to the stock market and has little idea of how or where to start. The book is written by a private investor from first hand experience, in an easily read style.
The author’s aim is to help enable the reader to ‘get rich slow’, by investing for the long term in quality investments, rather than trading, speculating or falling prey to the many sharks with their false promises.