Chapter 9 Summary and Analysis

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...