Learn how to invest

Do you want to be financially independent? Learn to invest. This publication will be your guide. The author will guide you so that you will learn to distinguish between investment and speculation, to understand risk correctly, to estimate the intrinsic value of a stock, to distinguish between investment strategies. Using concrete examples, you will learn to master the investment process and the psychology of investing, avoid fear and greed, and take taxes and inflation into account. Investing is neither a science nor an art; it is explained in an insider's but understandable and accessible way to the average reader as a manageable craft that anyone can learn to apply successfully. The second edition of this highly successful publication has been expanded to include a chapter on future trends in investing.