Beat the Pros at Investing! How Busy Young Adults Can Do It: What Star Investors and Nobel-Winning Economists Have to Say to Young People

Inflation and taxes are the most serious adversaries of anyone attempting to save money. This short book begins with a graphic analysis of inflation, how it eats away savings and how taxes can defeat the most determined saver. Knowledge is power and understanding these "two heads of a dragon" is the first step in beginning a savings plan. The plan that follows is designed to give young people the best chance of slaying that dragon.
Few young folks, especially, young working adults, have the time, let alone the interest, to study and comprehend the financial markets and make good saving and investment decisions.
They must rely on advisers, many of whom, earn commissions and have a built in conflict of interest. Their interest is in selling their products. This book passes on the advice of star investors like John Bogle and Warren Buffett, and the advice of some Nobel Prize winning economists which describes a better path. It's simple, requires little assistance from outside advisors, and, over time, beats most of the pros! The plan can be started with a little money and put on auto-pilot to leave the young with time to live happy, successful lives knowing their savings are growing and safe. Warren Buffett has given the same advice to the trustees who will administer his wife's estate should he predeceased her. John Bogle has provided a service with the lowest cost and which requires the least time and has consistently blown most of the professional investing advisers and services away. This book describes graphically, what the challenges are for young people, and how to implement the simple, worry-free plan.