With some humor and a jingle, Mark Slauter’s debut book The Diary of a Novice Investor gives readers insight into what it feels like to invest. From Apple to Wells Fargo, Mark’s exploration into the investing world is told in plain language wrapped in a bit of snark.
Mark's goal is to express his first-person experience learning about investing, and offer the reader insight into the angst, frustration, elation, and thought-processes he experienced as a novice investor—and continues working through today. The bottom line is, saying “I don’t have the money” or “investing is too expensive” are not really viable reasons for not investing. Why don't people invest? Fear? Lack of knowledge?
Investing in the markets can be hard, confusing, and emotional but not because it can’t be done. Rather, when you’re a novice, you lack market familiarity, understanding, and experience. In fact, I liken the experience to the first time you ride a bike, have sex, or drive a car. Each time you try something new you’re taking a risk. Because there are so many variables, fully knowing what you’re doing the first time you do anything is nearly impossible. Yet, with more exposure to the new experience, the more understanding you gain. While you may have stopped your bike by skidding your feet on the pavement at first, you eventually learned how to use the brakes. Your experience showed you another, better way. The same thinking applies to investing.
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Reviewed by Arya Fomonyuy for Readers' Favorite There is a saying that I read in Rich Dad, Poor Dad that has stuck in my mind over the years: “The poor and the middle class work for money; the rich make money work for them.” And that is the secret that summarizes the very nature and end of investments. Fans of Robert Kiyosaki will be smitten by the powerful insights in The Diary of a Novice Investor: The Bullet Train to Wealth Left When? by Mark S Slauter. This is a book that explores the author’s own journey to investment, a book laced with practical advice and insight. Devoid of the kind of jargon a reader would find in books of this nature, this one tells a story and brings the reader face to face with real life situations, allowing them to form their own opinions and make their own judgments. You’re about to learn from the author’s first-hand experience in investment and to discover the kinds of decisions that affect what kinds of markets. I was hooked from the start by the beautiful prose and the author’s insightful writing. Listen to the opening lines: “Problems can be elusive creatures. Even though you may recognize a problem as it’s happening, its genesis and evolution become clearer when you stare backward through the looking glass of time.” Mark S Slauter has the uncanny gift of passing on lessons through the art of storytelling, leading readers through his personal experiences, his lessons in the family, and what it feels like to invest. The Diary of a Novice Investor: The Bullet Train to Wealth Left When? is a book that everyone interested in securing their future through investment should read. This book opened my eyes to serious facts and deep truths about the investing world, the markets, and how to make the best choices.