The Wealthy Investor Book

It seems a bit harsh but thank god for bankruptcy, debt and dwindling life savings. Without the misfortune of a collapsed self-publishing venture, Channel 4 presenter and financial pundit, Mrs Cohen, may never have penned the superb Wealthy Investor. So what's your investment target? £500,000? £1m? With Mrs Cohen's sensible, jargon-free and supportive approach to investing, major financial gains are possible without winning the lottery. Readers will be able to stream themselves into A-, B- or C-type investors based on their current financial status and pick up at whatever point on her V step programme corresponds to their wealth and knowledge profile. For the novice with no savings, there is a real incentive to use the plan. Central to The Wealthy Investoris the idea that you earn as you learn and that returns increase the higher up the programme you climb and the more intuitive your market knowledge becomes. The first few years of level I are characterised by passive investment progressing gradually through semi-passive to active management where larger gains from growth and recovery stocks await the informed and risk ready. Some market analysts are suggesting that the great strides of the FTSE 100 over the 80s and 90s will slow considerably in the noughties. If this is the case, the benefits of the market tracking approach used in lower levels of The Wealthy Investor will need to be assessed alongside other wealth-creating opportunities. Fortunately there is an accompanying Web site where ongoing hints, tips and strategies can be shared. The FASTER GAINS system which will be familiar to converts fromThe Armchair Investor remains Mrs Cohen's fundamental stock picking technique, complemented here by a new element, PAYS--her portfolio creation plan. "To become wealthy, you need a total package", she explains.The Wealthy Investor is just that: a total package. An inspiring and practical guide on how to create wealth in the long-term by growing a risk-spread portfolio through passive market tracking and active portfolio management. Iain CampbellRead More