Product Description
by Leah Derivan-Keppel (Author)
Women are the most successful investors "The stock market is a device for transferring money from the impatient to the patient." Warren Buffett Our hero of working women is Anne Scheiber. She fired her broker and turned $5,000 into $22 million with PATIENCE. Simply buying and holding the stocks of growing companies, we see the miracle of compounding in the accumulation of Anne Scheiber. After analyzing portfolios held by 325,000 users, the robo-adviser SigFig found that the most successful investors were the least active. Trading hurts us. Investors who know they don't know the future know they can't foretell the market. Women tend to be inactive investors. They realize that it takes time to grow a business and any investment. They know how to buy value Patience is important in life and in building wealth. Most investors are not patient so most investors will not have wealth. In fact, the average investor earns only 3.69% (vs total market of 11.11%) annually according to DALBAR's annual Qualitative Analysis of Investor Behavior. Mr Buffett's strategy of patience earns 19.7% compounded (earn interest on interest) over time. He does not buy and sell-he owns the stocks of companies for a long time. (GEICO since 1951)
Author Biography
Leah Derivan-Keppel designs and makes her own line of jewelry--etsy.com/shop/LeCeliaJewelry. She had an exhibit at IN BLOOM: An Evening of Emerging Art, Hastings-on-Hudson, NY, the R Bar on the Bowery and Webster Hall, NYC. She attended Parsons School of Design and Purchase College. She loves to hang with her friends. Leah's Money Book: "I want to control my own money." is available at Amazon, Barnes and Noble, Abebooks, mireva.com, iberlibro.com, betterworldbooks, tanum.no, wantitall.co.za, livre.fnac.com, articulo.mercadolibre.com.mx, tower.com, etc.
