Build Your Nest Egg With Just $25 a Month
It doesn't take a lot of money to make a lot of money. With direct investing, you can start investing in some of the world's premier companies with just a small sum of money, and you can do it all without a broker. What you'll find inside:
- How to avoid brokerage fees and account minimums by purchasing stock directly from companies
- How small, regular investments can build significant wealth over time
- How you can get started with as little as $50 and invest as little as $25 a month
- Details and contact information for more than 1,000 direct investment plans
- The industries and companies to strongly consider for direct investing
This Motley Fool guide will show you how to start building your wealth now--or as soon as you finish reading this book. If you can read the entire book while standing in the bookstore, more power to you! But if you're not a speed reader, we're confident that your investment in this book will more than pay for itself.
Editorial Review(s)
Dispelling the myth that it takes big money to make big money, Motley Fool writer Jeff Fischer champions direct investing, showing how individual investors can build substantial wealth with relatively small outlays of cash. Starting with as little as $50, an investor can purchase stock directly from a company, thereby avoiding intermediary charges incurred by using a broker. Fischer then explains how money compounds so that even small monthly investments can become significant nest eggs. In a section titled "How Do I Become a Millionaire?" he lists several ways to do so: "Begin with $500, save $1,200 annually, or $100 a month, and earn 15% per year. In 33 years, you'll have over $1 million." Or "Begin broke, save $2,400 a year, or $200 monthly, earn the stock market's historic 11% annual return, and in 36 years you'll have more than one million clams." Fischer presents basic investing principles here--a little over time becomes a lot--but like a typical Fool, he does so in a lighthearted, easy-to-understand fashion. The bulk of the book (300-plus pages), however, focuses on listings for more than 1,000 direct-investment plans, including company contact information, investing schedules, minimum and maximum investment amounts, and miscellaneous selling info. (For example, Roslyn Bancorp Inc.: "Sells within 10 bus. days, by mail, at avg. price, for $10 + comm.") A good resource for the cash-light beginning investor. --Rob McDonald
About the Author
After winning the Fool’s first online portfolio management contest, called Port Folly, Jeff joined The Motley Fool in 1996 as co-manager of the original long/short Fool Portfolio on Fool.com with company co-founders David and Tom Gardner. From 2008-2018, he served as the founder and manager of the long/short Motley Fool Pro, a real-money subscription newsletter service, and from 2009 to 2018, he was also the founder and lead advisor of Motley Fool Options.
Prior to that, Jeff co-managed the Motley Fool Rule Breaker Portfolio with David Gardner, edited The Motley Fool Investment Guide, wrote Investing Without a Silver Spoon, and contributed to many other Motley Fool bestselling books. Jeff has appeared on the BBC, CNN, CNBC, CNBC Asia, MSN, Channel News Asia, and in Barron’s, Forbes, Fortune, The Wall Street Transcript, The Washington Post, and other media outlets.
Jeff attributes part of his investing success to a drive to always keep learning; humility to admit and learn from mistakes; caring for the investors he works for; and justifiably believing in the potential of the strongest companies he finds, while remembering that struggling companies most often go on struggling. Jeff lives in Washington, D.C., with his wife and son.
