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    Investing for Beginners
    Investing for Beginners
    Investing for Beginners
    Ebook75 pages53 minutes

    Investing for Beginners

    By Kevin T Muir

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    About this ebook

    I feel that this book should be directed primarily at persons who have recently left school, or university, and are about to start their first job and collect their first pay cheque.

    There is so much temptation out there, that it doesn’t take long for young people to want to try and buy all the exciting things that they never could afford at school. And because credit is so easy to get, it’s not long before they find themselves in debt. If they pay off the debt, that’s ok, but what happens, is debt becomes a habit.
    This book tries to steer them away from debt, and get them into a savings and investment habit.
    LanguageEnglish
    PublisherXlibris AU
    Release dateJul 7, 2022
    ISBN9781669888710
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      Book preview

      Investing for Beginners - Kevin T Muir

      Copyright © 2022 by Kevin T Muir.

      All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without permission in writing from the copyright owner.

      Any people depicted in stock imagery provided by Getty Images are models, and such images are being used for illustrative purposes only.

      Certain stock imagery © Getty Images.

      Rev. date: 07/07/2022

      Xlibris

      AU TFN: 1 800 844 927 (Toll Free inside Australia)

      AU Local: (02) 8310 8187 (+61 2 8310 8187 from outside Australia)

      www.Xlibris.com.au

      837997

      CONTENTS

      About The Author

      Preface

      Easy Come, Easy Go . . .

      Investing For Beginners

      Self-Managed Super Fund (SMSF)

      Franked Dividends

      Winners And Losers

      Diversification

      Pe Ratio

      Capital Gains Tax Is Not Lost Money.

      FOMO – Fear Of Missing Out

      MONEY

      MONEY

      MONEY

      IT’S A RICH MAN’S WORLD

      INVESTING for BEGINNERS

      KEVIN T MUIR

      2021

      I feel that this book should be directed primarily at people who have recently left school or university and are about to start their first job and collect their first pay cheque.

      There is so much temptation out there that it doesn’t take long for young people to want to try and buy all the exciting things they never could afford at school. And because credit is so easy to get, it’s not long before they find themselves in debt. If they pay off the debt, then okay, but what happens is debt becomes a habit.

      This book tries to steer them away from debt and get them into a savings and investment habit.

      ABOUT THE AUTHOR

      Kevin Muir lives on the Gold Coast overlooking miles of beautiful sandy beaches. Although not a professional share trader, he now owns a substantial quantity of big four bank shares, which allows him to lead a dream life of camper-vanning, surfing, golfing, and writing.

      Kevin experienced the market crash in the’60s, the’74 crash, the’87 crash, the ’92 crash, the 2008 crash, and the 2020 pandemic crash. What he learnt—the hard way—is in this book.

      Kevin also remembers well when the Commonwealth Bank made its initial public offering (IPO) at a price of $5.40. Kevin had sold his business and was in a position to be able to purchase 500,000 CBA shares.

      Kevin bought industrial property instead. Why? Kevin new nothing about the share market other than it’s a place where people seem to lose most of their money. Nowhere could he find genuine information about how the stock exchange and the share market worked. Nor did he have faith in advice he received from so-called financial advisers, who seemed more interested in pointing him to investments where the adviser got the highest commission, rather than being able to satisfy Kevin’s request for IPO investment advice.

      Those CBA shares today are worth $50 million and the industrial property about $5 million.

      Kevin is convinced that there is a lot of young people out there who have no clue about how the stock exchange and share market operates. They only know people lose money, their only source of information being the media.

      After 15 years of being involved in the Australian share market, Kevin knows success— and he sure knows the pitfalls.

      Young people have plenty of access to books from successful investors on what to do but very little genuine information on what NOT to do when it comes to investing.

      Kevin’s book explains how the share market works, but more importantly, it provides young people with real-time advice to stop them from making investment mistakes and also points out how ridiculous it is for young people to rely on others to organise their retirement income.

      This book shows every young person how to get their act together so as to retire earlier without lowering their expected standard of living.

      Do not invest without absorbing every page in this book—Kevin’s first and best advice for every novice investor.

      SOMEWHERE ON THE HIGH MISTY PLATEAU IN FAR NORTH KENYA, A LION SHAKES ITSELF AWAKE AND BEING HUNGRY, WONDERS IF TODAY IT MIGHT CATCH THE SLOWEST GAZELLE.

      ON THE SAME MORNING, IN THE SAME MIST, A SLEEPY GAZELLE WAKES ITSELF UP AND IMMEDIATELY HOPES THAT TODAY IT CAN OUTRUN THE FASTEST LION ONCE AGAIN. [original source unknown]

      IN

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