Wise Investing Made Simpler

When I wrote Wise Investing Made Simple, my goal was to explain investing concepts in an easy-to-understand format using stories. I've found that many people think investing is intimidating, and it's understandable since our education system has failed at getting people the knowledge they need to make smart investing decisions.

My latest book, Wise Investing Made Simpler, delves deeper into some of the important investing principles discussed in the first book without sacrificing simplicity. It also covers some additional important concepts. This book has three objectives. The first is to explain how markets really work, doing so in a way that makes it easy to understand even the most difficult of concepts. I hope to accomplish this objective through the use of stories and analogies that present the logic in a paradigm with which you are already familiar, and then relate that logic to the world of investing. If you understand the logic in the tale, it should be just as clear when the logic is related to investing -- especially when the evidence supports the logic.

If I'm successful in meeting the first objective, I'll have also achieved the second objective -- to forever change the way you think about investing and how markets work.

The third objective is to provide you with sufficient knowledge to begin to make more informed and more prudent investment decisions. In other words, to stop throwing your hard-earned money away.

This week, we'll see two stories excerpted from the book. I hope you find these educational and helpful.

Excerpts from Wise Investing Made Simpler: It Was the Best of Times, It Was the Worst of Times Do You Really Want to Be a Landlord?