Your Money or Your Life - Study Guide Chapter 9 Summary & Analysis

Joe Dominguez
This Study Guide consists of approximately 41 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Your Money or Your Life.
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Chapter 9 teaches the reader specifically what they can do to achieve Step 9. Step 9 is for the reader to invest their capital and manage their investments.

The authors believe that there are two common investment myths that they must dispel from the reader before the reader can make good investing decisions for the purposes of the program. The first myth they dispel is that the investor should rely on a broker for investment advice. The authors believe that brokers are just salespeople, and that brokers do not necessarily have the investors' best interests in mind when making recommendations for investments. The second myth the authors dispel is that investors should use inflation as their primary consideration when choosing how to invest capital. The authors believe that the effects of inflation on the reader's expenses over time will be negligible due to several factors. First, if the...

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This section contains 753 words
(approx. 2 pages at 400 words per page)
Buy the Your Money or Your Life Study Guide
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