oter

Keep investment costs low to maximize returns from "summary" of The Coffeehouse Investor by Bill Schultheis

It's a simple concept, really. The less you pay in investment costs, the more money you get to keep in your pocket. And that means more money working for you in the long run. Think about it - every dollar you save on fees is a dollar that stays invested and has the potential to grow over time. When you stop to consider all the ways fees can eat away at your investment returns, it's enough to make you take notice. From management fees to trading costs, all those little expenses add up and can take a big bite out of your bottom line. And that's money you could be using to reach your financial goals faster. Now, I'm not saying you should go chasing after the lowest-cost investments out there. There's a balance to strike between cost and quality, and it's important to find investments that align with your long-term goals and risk tolerance. Bu...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Timing the market is a futile endeavor
    Timing the market is a futile endeavor
    Attempting to time the market is a common pursuit among investors seeking to maximize their returns. Many believe that by predi...
    Avoid unnecessary debt that can hinder your financial growth
    Avoid unnecessary debt that can hinder your financial growth
    Debt can be a double-edged sword in our financial lives. On one hand, it can provide us with the means to acquire assets that w...
    Stay disciplined when investing
    Stay disciplined when investing
    Investing requires a disciplined approach, where one must resist the urge to follow the crowd or make impulsive decisions based...
    Be wary of shortterm market fluctuations
    Be wary of shortterm market fluctuations
    Short-term market fluctuations are a common occurrence in the world of investing. These fluctuations can be caused by a variety...
    Be cautious with debt
    Be cautious with debt
    It is wise to be wary when it comes to borrowing money. Debt can be a double-edged sword, capable of both helping and harming t...
    Market anomalies exist, but they are difficult to exploit
    Market anomalies exist, but they are difficult to exploit
    Market anomalies do indeed exist in the investment world. These are situations where the market does not operate as efficiently...
    Take calculated risks to achieve financial growth and success
    Take calculated risks to achieve financial growth and success
    To achieve financial growth and success, one must be willing to step outside of their comfort zone and take risks. These risks ...
    Be proactive in financial planning
    Be proactive in financial planning
    Being proactive in financial planning means taking control of your financial future by actively making decisions and taking act...
    Longterm investing is key to success
    Longterm investing is key to success
    Long-term investing is the cornerstone of successful investing. In a world of instant gratification and short-term thinking, it...
    Let go of societal expectations
    Let go of societal expectations
    Society expects us to follow a certain path: go to school, get a good job, buy a house, have kids, and retire at 65. But what i...
    oter

    The Coffeehouse Investor

    Bill Schultheis

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.