Are you tired of being bombarded by people promoting get-rich-quick schemes? This book cuts through the nonsense, distilling 20 years of the author’s experience down to what you really need to know. As the title says, it shatters misconceptions and gives you a step-by-step plan to achieve financial independence.
Andrew Stotz is an award-winning financial analyst with more than two decades of experience in leading positions in the industry and as a university lecturer of finance.
He is driven by empowering and helping people to achieve their goals through sharing his financial expertise. No matter if you're a student, someone who wants to take control of your own finances, a fund manager for a global institution or a Fortune 500 CEO.
His most recent book, "You Won't Get Rich in the Stock Market ... Until You Change the Way You Think About It" will get you started with investing in the stock market to achieve your financial independence. The teachings in this book have been described as "Spectacularly simple, yet unbelievably enlightening!"
Investing does not have to be complicated, difficult, or time-consuming. In this book, Andrew takes his lifelong experience about investing and distills it down to 12 easy-to-understand investment principles. Every day you wait to invest is a day that the stock market is not helping you to achieve financial freedom. Don't wait one more day!
An avid yoga student, cyclist, and wellness aficionado, Andrew has a passion for life and an infectious positive attitude toward it. When he's not contorting on the mat, on the bike whizzing round a nearby park, or at the table munching on measured doses of organic fresh fruit and vegetables, he also enjoys reading and spending time with his family.
In addition, Andrew is pursuing a PhD (finance) at the University of Science and Technology of China. He is a co-founder of CoffeeWORKS Co., Ltd., a leading specialty coffee roaster, and Jcademy.com, an innovative learning platform.
Professional Reviews
Loved Reading the Book
"You Won't Get Rich in the Stock Market..." is an excellent introduction to correct planning for one's retirement. In an engaging and approachable book, Andrew Stotz has simplified the investing process for people who don't have the technical know-how, or who are not that interested in stocks and bonds. The book contains some valuable nuggets of practical wisdom, including: why a long-term, unflappable temperament is to an investor's advantage; how to write down one's plan for retirement spending levels; how to keep investing costs, fees and taxes low; why are diversification and infrequent trading important; and, how to change allocations as one ages. Anyone who is just getting started, or who needs an excellent way to teach children, teenagers and adults how to save, invest and retire will have their questions answered by this book.
we need to have a plan to accumulate wealth systematically and this book provides the blueprint in simple easy to understand
I am now 60 years old and, in my lifetime, have possibly read over a hundred books on saving and investing for a secure future. The topic has always interested me and this caused me to start saving from my very first pay check more than 40 years ago. I have invested in equities in some form for the past 25 years.
The book is almost the story of what I have done in an attempt to accumulate sufficient funds for a secure retirement – which I now have. The only difference is that I had to learn many of these lessons, such as “look out for the fees on the investment products”, all on my own. I got my basics from George Samuel Clason’s “The Richest Man in Babylon” which served me well.
Upon finishing “You Won’t Get Rich in the Stock Market..” I was left with a feeling of needing to tell people that this concept does work and I am living proof of it. As most of us do not start up a Microsoft, Apple or Facebook, we need to have a plan to accumulate wealth systematically and this book provides the blueprint in simple easy to understand and follow steps.
When I retire, in the next few months, I intend to volunteer to teach secondary school pupils about money and will use this book as an aid; after all, it worked for me.
If you are serious about accumulating wealth, reading this book is a must.
Being somewhere in between those extremes I still found this an extremely useful and enjoyable book
Whether you're just starting out as an investor or a seasoned professional it does no harm to be reminded of the basics and Stotz' book accomplishes this extremely well. Being somewhere in between those extremes I still found this an extremely useful and enjoyable book.
It also provides much more than the basics. Detailed yet simple and concise explanations of investments and terminology, applied examples and not least a firm grounding, alluded to in the title, that you more than likely won't get rich overnight by playing the stock market.
I only wish I had read and heeded the advice in this book when I was 18. Highly recommended.
