The Elephant in the Room has a Paycheck

"If you're a first time investor looking to setup a solid financial future, allow David Bressler to take you by the hand and lead you there." -- Nathan Richardson, Former GM of Yahoo! Finance

The Elephant in the Room has a Paycheck is a fun, highly readable guide to building wealth for beginning investors. With David Bressler's help, investors who start this book with as little as $250 could finish it by owning part of a company.

In this book you'll learn:

• A step-by-step plan to building a secure financial future.
• How to gain investing confidence even if you have no experience.
• The healthy financial habits that produce solid long-term results.

• How to find financial news that's helpful, and tune out the rest.
  Through a powerful metaphor that will change your understanding of investing, Bressler helps you create a wealth-building plan that intuitively makes sense, aligns with your social values, and is easy to adopt. Best of all, this program works -- you'll see results in less than three months.

Autorentext

David Bressler is a tech executive and financial coach. His blueprint for building wealth is used by hundreds of people who have taken his online courses or heard him speak. Bressler created his first online course after noticing how many smart people know very little about investing. In his courses he helps recent college graduates, freelancers, franchise owners, doctors, lawyers and others turn the stress of managing money into a fun experience with unique metrics designed to motivate healthy investing behavior. He calls society's failure to address our widespread financial illiteracy the elephant in the room-a problem we know is there but refuse to talk about. A goal of this book is to help people take control of their own financial future by giving the elephant a paycheck- a reference to the dividend payments investors can receive when in- vesting in the stock market. Bressler earned his MBA from New York University's Stern School of Business. By the time he turned 32 he had earned his financial independence and has since continued to build a successful career helping companies improve their business results with technology. His first love, however, is helping beginning investors fall in love with the idea of money making money, just as he did when he was starting out. His financial coaching approach is infused by lessons learned after almost 40 years of teaching martial arts and serving as a rescue diver for a decade off the New York and New Jersey coasts. He is detailed without being complicated, knows how to reinforce key points regardless your learning style, and can help you use the power of habit to build lasting change. Bressler, who still practices martial arts in his rare free time, lives and works in New York City with his wife and two young children. The Elephant in the Room Has a Paycheck is his first book.

Inhalt

Preface INTRODUCTION Money making money A gift was the spark Maturing fiscally A metaphor to frame the blueprint Who is this book for? What you'll learn What you'll gain Let's get started PART 1 INVESTING IN THE STOCK MARKET Portfolio diversification A sidebar on 401(k) plans Getting and staying motivated Mutual funds Invest for a paycheck-not for a pile of money that has to be converted into a paycheck PART 2 REAPING DIVIDENDS What are dividends? Basic dividend fundamentals Elephant's Paycheck raises Reinvesting dividends Dividend reinvestment plans Optional cash purchases Increasing dividends Dividend aristocrats Dividend key points summary Information that changes our perspective and creates a new investing experience PART 3 THE ELEPHANT'S PAYCHECK BLUEPRINT My story A simple definition Back to me and my wife You're starting a business-not a portfolio The 10 habits of a successful investor Metrics and perspective Just do it PART 4 PUTTING YOUR PLAN INTO ACTION Pick a company Make your first investment Reinforce good habits Repeat Conclusion