THE PENNY CAPITALIST: HOW TO BUILD A SMALL FORTUNE FROM NEXT TO NOTHING
JAMES J. HESTER
*Originally published in 1979, re-published 30 years later*
Source: Received for an honest review
- Paperback: 246 pages
- Publisher: Access Consciousness Publishing Company (August 1, 2013)
- Language: English
- ISBN-10: 1939261260
- ISBN-13: 978-1939261267
Are you the sort of person who runs out of money on the 25th of every month, has no savings account, and wonders how youll ever find the money to get your daughters teeth straightened? Then meet James Hester.
He and his wife had $70 and a four-year-old Studebaker when they were married in 1955. By 1968 they had a better car, more than their fair share of personal belongings, and $14,000. Then their net worth increased to $300,000. The increase was more than his total salary. They did this while raising three sons and maintaining a comfortable standard of living.
Amazing? It certainly is. Lucky? Not at all! James Hester followed a plan – and you can use it every bit as effectively as he did.
Originally published in 1979, The Penny Capitalist is now held in 236 libraries worldwide. Copies have been advertised on E-Bay for up to $900.
Why republish a 30-plus-year-old book? Markets fluctuate. Human nature hasnt changed. The opportunities are still out there. Each generation has to learn it all over again.
Markets go up and markets go down. When they go down, the average investor panics and sells out at the bottom. When they go up, the average investor waits to see if the rally is real. By the time they decide to buy, the market is topping out. The savvy investor does just the opposite. As Warren Buffett has said, When people get fearful, I get greedy. When people get greedy, I get fearful.
THE PENNY CAPITALIST: HOW TO BUILD A SMALL FORTUNE FROM NEXT TO NOTHING by JAMES J. HESTER is an interesting Non-Fiction/Finance/Investment. What an interesting book, filled with much advise, and graphics on investing, and finance. Originally published in 1979, re-published 30 years later. Why? Read the book to find out, you will not regret your choice. How to build a small fortune from nothing was very intriguing. I hope to try some of the authors suggestions in my own finances. If you are looking for something to help you, make small investments, this is a great choice. Easy to follow! Received for an honest review.
HEAT RATING: NONE
REVIEWED BY: AprilR, courtesy of My Book Addiction and More