Beat the Bankwas published one year ago today. The book continues to sell very well across Canada. Thanks for your support!
Also a big thanks for buying copies of Beat the Bank for family and friends.....I know that thousands of books have been sold this way. And so much of book sales are through word of mouth (or, these days, word of smartphone).
I have not communicated with you, my subscribers, as much as perhaps I should. Aside from being busy with a few projects, one of my challenges is that it is tough to come up with new things to say. For the most part, I said it all in the book. If I were to launch Beat the Bank today, one year later, I would change virtually nothing. I believe the lessons in the book apply yesterday, today and tomorrow in strong, flat and weak markets as well as the kind of volatile markets we have experienced lately.
As always, the key is to have the right mix of stocks vs bonds....an "all-weather" portfolio that will allow you to ride out the storms and benefit in the long run.
And, as presented in the book, here are The Ten Commandments of Simply Successful Investing:
1. Learn investment basics 2. Understand The Wealth Formula 3. Know your T-REX Score 4. Recognize how Bay Street operates 5. Be a long-term business owner 6. Know your risk tolerance 7. Make a simple plan 8. Invest like clockwork 9. Ignore the market 10. Enjoy life!
Once again, thanks so much for your support and please reply to this email if you have any questions or comments.
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