The Value of Simple in paperback format. Learn how to invest your money while making notes in the margins.
2 in stock (can be backordered)
The Value of Simple: A Practical Guide to Taking the Complexity Out of Investing is a plain-language guide to investing for Canadians. Putting your money to work can look suspiciously like math at times, but this revised second edition lays out a simple approach that anyone can follow. With a focus on developing good processes to minimize the room for human error and step-by-step instructions, the book will walk you through the elements of managing your finances for the long term: how to devise a savings plan, stick to it through automation, determine an appropriate asset allocation, track your investments, and deal with the inevitable issue of taxation. It provides tools and templates, along with default suggestions and rules-of-thumb to help prevent analysis paralysis and get you started as soon as possible.
Canada has the highest investment fees in the world, on top of a unique and confusing tax system that features four-letter words like RRSP and TFSA. Fortunately there are low-cost index funds that make it easy and rewarding for you to become a do-it-yourself “couch potato” investor. There are already many texts that explain why index funds are a smart strategy; this book will focus instead on how you can use those conclusions to actually implement an investing plan for your life.
Control what can be controlled; minimize fees and effort. Investing doesn’t have to be complex to be successful.
Please remember to periodically check the errata page for updates to the paperback version.
Free shipping by Canada Post regular lettermail — expect approx. 7 days for delivery. No international orders.
|Dimensions||.5 × 6 × 9 in|