Understanding the stock market can be a nightmare. Just picking a single stock to purchase takes a huge investment of time and energy. That’s why experienced trader and financial manager Chen Yi-Pu invented this simple approach to index investing, so busy professionals can focus on their jobs while their investments generate a substantial passive income.
Most of us think investing involves researching stocks, keeping abreast of business trends, following the markets, and, of course, buying low and selling high. But how can busy professionals find the time to process all of that information, and make important investment decisions? Author Chen Yi-Pu brings his abundant investment experience to bear on the challenges faced by the professional class, teaching them the fundamentals of no-fuss index investing. No matter your background or how much capital you have, this book will have you investing quickly by following this simple, stress-free method of passive income generation.
Index investing doesn’t require choosing stocks or predicting the direction the market will take, nor do you buy and sell in reaction to movements in the markets. With minimal investment of time, you can earn returns in line with basic market indices. Starting with the most fundamental concepts, the book goes on to teach a basic 5-step strategy: setting investment goals, selecting markets, confirming asset allocation and purchasing schedule, and finally, making your purchases according to your schedule. Once your plan is set, you only need to remember to make your regular purchases – that’s it!
With easy-to-follow step-by-step instructions, helpful illustrations, and analogies drawn from daily life, Passive Investing in Five Minutes is as enjoyable as it is informative. It is sure to answer all of your investment questions, whether your goal is to simply master basic concepts, or to get started investing right away.