Make Yourself A Millionaire by Charles Zhang, Lynn Zhang

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By Charles Zhang, Lynn Zhang

Easy-to-follow own finance guidelines--from number one Rated monetary consultant with American exhibit monetary Advisors

Charles Zhang grew to become considered one of ultra-modern such a lot nationally identified and depended on monetary advisers through stressing sanity and good making an investment over doubtful, get-rich-quick methods and schemes. In Make your self a Millionaire, Zhang transfers his application to the published web page. faraway from a complicated, all-or-nothing technique, this e-book outlines a transparent and rational method of organizing and making plans all elements of a monetary life.

How do various investments paintings? How a lot coverage is just too a lot? Zhang solutions those questions and extra as he discusses:

  • Recommended investments for nearly any portfolio
  • Asset allocation suggestions that paintings
  • Actual examples of good fortune and catastrophe
  • The position of coverage as a key point in a portfolio
  • All significant monetary tools: shares, bonds, money, REITs, funds

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Make Yourself A Millionaire

Easy-to-follow own finance guidelines--from number one Rated monetary consultant with American show monetary Advisors Charles Zhang grew to become one in every of contemporary so much nationally recognized and depended on monetary advisers by way of stressing sanity and brilliant making an investment over doubtful, get-rich-quick methods and schemes. In Make your self a Millionaire, Zhang transfers his application to the broadcast web page.

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Example text

However, the truth is that they aren’t doing any saving. The money they have “saved” so well has, in fact, come from their investments with me. They call my office and ask one of my licensed assistants to send them some money from their mutual funds. Then, the money they don’t use goes into their bank accounts, where they “save” it. Truly, they aren’t saving anything. Rather, they are spending the money they already saved. But these people think they’re doing a great job. Another example of when saving isn’t really saving is a sale at a store.

Let’s consider an example of someone who keeps a fair amount of money in a cash position. Each time she receives recommendations, she says that she would like to think about it before acting. She then calls and says she has picked out a few funds on her own. As a financial advisor, I pick mutual funds based upon past performance over 10 or more years. I look at track records, fund managers, and the makeup of the funds. This woman, though, only looks at 1-year returns. Even though she knows better, she continues to chase returns.

Zhang and Lynn L. Chen-Zhang. Click Here for Terms of Use.

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