The Wannabe Investor

The Wannabe Investoricon

by Ann Marie Sabath

Publisher
Soncata Press
Publication
Apr 01, 2024
Format
Paperback/Softback
Illustrated
No
Price
$19.99
Dimensions
6 x 9 in
ISBN
9798989857425
Pages
231
Age
Adult 18+
Category
Business & Economics

Rights Sold

LanguageKoreanCountryWorldwideAgentDuran Kim AgencyBuyerDONGYANGBOOKS CO., LTD.
LanguageArabicCountryWorldwideAgentIntrotema Copyright and Translation AgencyBuyerTashkeel Publishing and Distribution House

Description

LET THE WANNABE INVESTOR BE THE KEY TO UNLOCKING A BRIGHTER FINANCIAL FUTURE FOR YOU!

Do you find the stock market intimidating?
Does the thought of losing your hard-earned money hold you back?
Do you think you don’t have enough time to dedicate to investing in the market?

You’re not alone! Approximately 40 percent of Americans shy away from investing in the stock market due to lack of knowledge, funds, or confidence. In this groundbreaking book, Ann Marie Sabath, a former wannabe investor turned diversified stock owner, shares her wealth of knowledge to empower you to enter the world of investing one step at a time.

Sabath’s writing style is refreshingly down-to-earth, making even the most intricate concepts easy to grasp. She shares the essential pre-investment ste...

Awards & Endorsements

Review

Editorial Reviews

Review

"For neophyte or casual investors, Sabath's book could well become a primer for how to get started while minimizing risk; the information is presented in a clear, sensible order, and the prose is personable and friendly, often illuminating certain principles with accounts from her own personal experience. . . . A cogent, warmly written guide to beginning investing."

-KIRKUS REVIEWS


"The Wannabe Investor is like having a chat with a friend who's navigated the complexities of investing. It takes the financial jargon and mystique out of the equation, making investing feel like something anyone can tackle. Through relatable anecdotes and a down-to-earth approach, the book demystifies the fears and uncertainties that often hold people back. Whether you're living paycheck to paycheck or wrestling with student debt, this guide feels like a reassuring conversation, nudging you toward a path of financial empowerment. In short, it transforms the intimidating world of investing into a friendly, relatable adventure for everyone."

-ERIK BETHEL, Former US Director, World Bank Board of Directors


"The Wannabe Investor should be on every investor's desk. As a former hedge fund portfolio manager, I wholeheartedly endorse the imperative for new investors to grasp the basics of buying stocks before venturing into the market. The foundation of a robust investment strategy rests upon a solid understanding of how stocks function, market dynamics, and risk management. The Wannabe Inves...

“For neophyte or casual investors, Sabath’s book could well become a primer for how to get started while minimizing risk; the information is presented in a clear, sensible order, and the prose is personable and friendly, often illuminating certain principles with accounts from her own personal experience. . . .

A cogent, warmly written guide to beginning investing.”

—Kirkus Review

“The Wannabe Investor: 40 Must-Know Facts Before Buying Your First Stock” is specially and unreservedly recommended for personal, professional, community, and college/university library Money/Finance collections and supplemental Wealth Management, Retirement Planning, and Digital Currency curriculum lists.

Approximately 40 percent of Americans shy away from investing in the stock market due to lack of knowledge, funds, or confidence, Sabath (author of What Self-Made Millionaires Do That Most People Don't) notes in this pragmatic guide crafted to invite new investors (ie, “wannabe”s) into the fold. Sabath, herself a wannabe-investor-turned-diversified stock owner, lays out in each chapter a “Must-Know Fact,” each separately numbered. Fact #1 concerns the importance of becoming financially literate. Not doing so, she argues, “hinders us from achieving financial stability” and “building wealth.” She knows that intimately—before applying these lessons in her own life, Sabath was an “ordinary person” whose money went to sleep for a Rip Van Winkle-like 20 years languishing in low-performing certificates of deposit, all while the stock market roared ahead.

Sabath’s 40 facts demystify the world of finance, debunk myths (“I don’t have enough money to invest”), and lay out a clear route to understanding one’s own finances and taking the steps not just to invest but to make informed choices. Sabath explains, in crisp and direct prose, basic concepts as long-term investing, while offering action steps, examples, hypotheticals, and more. She demonstrates that one should contribute to qualified retirement plans while building an emergency fund and eliminating debt. Other issues covered include risk, tax minimization, automatic investing, the importance of working with a fiduciary, and the power of compounding.

Sabath’s straight-talking lessons will open new investors’ eyes in this era of self-directed retirement accounts, long life spans, and a questionable Social Security system. For all her helpful specifics (“allocate no more than 10 percent of your portfolio to a single investment when you’re purchasing it”) perhaps Sabath’s greatest lesson is that the secret to investing success is no secret. Systematically saving and sensibly investing while minimizing taxes and expenses will help one live a comfortable life. As Sabath notes, most of us are capable of meeting such challenges. The Wannabe Investor illuminates the path.

Takeaway: Clear-eyed advice for anyone making excuses not to invest.

Comparable Titles: Jean Chatzky and Kathryn Tuggle’s How to Money, John Bogle’s The Little Book of Common Sense Investing.
Production grades
Cover: A- 
Design and typography: A
Illustrations: N/A
Editing: A
Marketing copy: A


Author(s)

Ann Marie Sabath

Ann Marie Sabath

ANN MARIE SABATH is the author of ten books, including the best-selling “What Self-Made Millionaires Do That Most People Don’t.” Her passion for investing was ignited during her ten life-changing years under the guidance of a seasoned stock market guru. Inspired by his six-decade fortune-building journey, she developed a keen understanding of investment principles and practical choices, which allowed her to build her own substantial nest egg. Today, Sabath dedicates her time to empowering individuals to create their own success through the content in “The Wannabe Investor” and her other books.

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