Millionaires Simple Guide to Big Money and Wealth Building For Beginners (ePub)

Every investor deserves a shot at prosperity. The pursuit of wealth is a journey that many people take, but few ever make it. You have read about successful investors and how they made their wealth, how their modest investment grew into an empire. Every investor has a different idea of wealth, and with that, the level of returns that would signify a wealthy outcome from their investment. This should be your guiding principle. Investment profiles differ from one person to the next, as do risk profiles, investment plans, goals, and missions. This book teaches you about wealth creation through the stock market, and in particular, the S&P 500 Index. Wealth creation through the stock market is not limited to wealthy investors. You can also invest and start something great, an investment that will define your financial future and probably that of your kids and grandchildren after you. One of the most important lessons in wealth creation is to create healthy habits around your investment. This comes from the value of compounding. Investment and every other aspect of wealth creation demand discipline and resilience. Naturally, the stock market is always volatile. Prices will rise and fall in response to different factors, and you have to prepare for that. Being prepared helps you hedge your portfolio against unforeseen risks in the market. This will also help you avoid or reduce the impact of loss. Bearing this in mind, you have to work towards a diversified portfolio. Finally, this book is about the hustle. It empowers investors, young and old alike, to embrace every opportunity to create sustainable wealth. It is never too late to make your first investment, build on it, and create a prosperous future. In all your investment endeavors, you must be consistent. Small, consistent efforts eventually amount to something great. In the simplest terms possible, this book will empower you to create an investment plan, a blueprint for success, and like other successful entrepreneurs before you, dip into the S&P 500 Index and tap into its potential.