Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    From $11.99/month after trial. Cancel anytime.

    Stop Waiting, Start Investing: Build Wealth With 10 Minutes Of Work
    Stop Waiting, Start Investing: Build Wealth With 10 Minutes Of Work
    Stop Waiting, Start Investing: Build Wealth With 10 Minutes Of Work
    Ebook201 pages2 hours

    Stop Waiting, Start Investing: Build Wealth With 10 Minutes Of Work

    By Ryan King

    ()

    Read preview

    About this ebook

    Stop Waiting, Start Investing is a timeless guide to help you build long term wealth using the stock market with only 10 minutes of work.

    -Are you a complete beginner to investing, and have no idea where to begin?

    -Are you already investing but unsure if you're following the right approach?

    -Does the idea of trying to invest for your future make you nervous?

    -Do you want to learn how to start investing, following a passive, simple, automated approach?

    If you answered yes to any of these questions, then this is the book for you.

    Stop Waiting, Start Investing is a great opportunity to invest in yourself, increase your financial education, and start to take control of your money.
    LanguageEnglish
    PublisherHarriman House
    Release dateNov 26, 2024
    ISBN9781804090794
    Stop Waiting, Start Investing: Build Wealth With 10 Minutes Of Work
    Author

    Ryan King

    Ryan King is a career army officer with multiple combat tours who continues to serve in the military. He has lived, worked, and traveled throughout Europe, Africa, the Middle East, and Asia. King is married to fellow author Kristin King and they have four young and energetic boys who keep them constantly busy. Ryan King writes post-apocalyptic, dystopian, thriller, horror, and action short stories, short novels, and novels. He has also published the first book in his post-apocalyptic Land of Tomorrow series called Glimmer of Hope. Ryan King also writes under the pen name of Charles R. King for historical non-fiction. He has published 22 works, primarily covering the Punic Wars and late Roman Republican Era which was the focus of his graduate degree. Five of these works are currently on seven different bestseller lists. King is also writing a historical fiction series about Hannibal and the Second Punic War. The first book in that series debuts 2013.

    Read more from Ryan King

    Related to Stop Waiting, Start Investing

    Related ebooks

    Personal Finance For You

    View More
    View More

    Related podcast episodes

    Related articles

    • UNLIMITED

      Invest in you! SHARES MADE EASY

      Mar 19, 2023

      Invest in you! SHARES MADE EASY
      6 min read

    • UNLIMITED

      MONEY Advice

      Jul 28, 2019

      MONEY Advice
      6 min read

    • UNLIMITED

      Moving On From Savings

      Oct 19, 2021

      Moving On From Savings
      4 min read

    • UNLIMITED

      How To Set Yourself Free

      Sep 2, 2020

      One of my clients retired at 50 to become a full-time trader, hoping he could shrug off the rat race and the typical work-sleep-work life. Fifteen years later he is still “retired” and still trading full time. Now he calls it what it turned out to be

      6 min read

    • UNLIMITED

      3 Vital Financial Planning Stages for Gen X & Gen Y

      Oct 31, 2019

      Financial planning is something that today's professionals need to be well versed in to ensure a stress-free relationship with money. When you're still young, it can be tempting to put it off until later and choose not to think about it for years or

      3 min read

    • UNLIMITED

      Choosing Investments That Will Bear Fruit

      Jun 11, 2021

      FROM lifestyle to property, what are the best investments you’ve ever made? We asked some of our favourite celebs to let us in on the things they’ve put money or effort into that have reaped great benefits. We also asked two experts from the financia

      3 min read

    • UNLIMITED

      Investing In Uncertain Times

      Sep 30, 2021

      People often refer to this as “What is your why?” In other words, what is the reason you are wanting to invest? Is it to help fund your retirement? Is it to get out of your day job before the age of 65? Is it to help your children financially? Or som

      3 min read

    • UNLIMITED

      How to Know When You Can Retire

      Jan 5, 2022

      See if you can relate to this … You have contributed to a 401(k) or other employer-sponsored account at work, maybe you’re paying extra on the mortgage or have already paid it off, you keep cash on hand for those unexpected expenses or upcoming big-t

      4 min read

    • UNLIMITED

      How to Find the Perfect Balance Between Spending and Saving

      Feb 15, 2019

      It’s certainly not easy to find the perfect middle ground between saving and investing enough to secure those future goals while allowing yourself to spend enough to truly experience all the years in between now and then. Most people tend to fall on

      4 min read

    • UNLIMITED

      How to Find the Perfect Balance Between Spending and Saving

      Feb 15, 2019

      It's certainly not easy to find the perfect middle ground between saving and investing enough to secure those future goals while allowing yourself to spend enough to truly experience all the years in between now and then. Most people tend to fall on

      4 min read

    • UNLIMITED

      10 Tips For Financially Independent Women

      Aug 5, 2023

      This month, we celebrate Women’s Day in South Africa as well as women increasingly taking charge of their financial futures. For some women, asking about their finances or approaching a financial adviser can still be a daunting task. I like to use th

      3 min read

    • UNLIMITED

      10 Tips For Financially Independent Women

      Aug 5, 2023

      This month, we celebrate Women’s Day in South Africa as well as women increasingly taking charge of their financial futures. For some women, asking about their finances or approaching a financial adviser can still be a daunting task. I like to use th

      3 min read

    • UNLIMITED

      10 Tips For Financially Independent Women

      Aug 5, 2023

      This month, we celebrate Women’s Day in South Africa as well as women increasingly taking charge of their financial futures. For some women, asking about their finances or approaching a financial adviser can still be a daunting task. I like to use th

      3 min read

    • UNLIMITED

      Return on Investments

      Jun 3, 2022

      Return on Investments
      2 min read

    • UNLIMITED

      Financial Wellbeing

      Apr 19, 2021

      Financial Wellbeing
      2 min read

    • UNLIMITED

      Keep Reading, Keep Learning

      Nov 25, 2021

      it took some time to figure out how to start this article. I must admit that it is not easy to write. I remember when I was but a young grasshopper with nothing but dreams in my head and passion in my heart. I remember how I used to buy finweek and r

      3 min read

    • UNLIMITED

      Retirement Comfort: How to Avoid Running Out of Money

      Jun 25, 2022

      Nowadays, we’re all living longer, and those life expectancy numbers are only going to rise. With people living up to three or four decades in retirement, it's crucial you have enough money to enjoy all your retirement days. What do you do if you run

      3 min read

    • UNLIMITED

      Is Now The Right Time To Invest?

      Nov 2, 2022

      One of the questions I get asked a lot (as the friend who likes talking about money and investing) is whether now is the right time to invest. This question is asked during times when investing feels easy, but comes up a lot more often when things fe

      1 min read

    • UNLIMITED

      Notes To A Younger Self

      Dec 1, 2021

      The Best of the Best is our most popular issue of the year – it provides us with information that enables us to save thousands of dollars. It’s certainly a valuable issue, but you’ll find value in every Money magazine. Personally, I have learned much

      3 min read

    • UNLIMITED

      Investing As A Zillennial: Unleashing The Financial Power Of A Tech-Savvy Generation

      Sep 29, 2023

      I overheard this statement once and I think it’s one of the strangest myths around Zillennials (apart from us needing coffee to cope) – the myth is that we think we’re too young to be investing. Now, if that sounds very familiar and it resonates with

      2 min read

    • UNLIMITED

      Most-asked Investment Questions And Answers

      Oct 28, 2022

      GETTING STARTED with investments can seem like a daunting prospect. Figuring out how much money you need to begin, what to invest in, when to buy and when to sell - many of us end up thinking it’s better left to the professionals. That’s not true, th

      3 min read

    • UNLIMITED

      When It’s Time to Go All In

      Nov 14, 2023

      When It’s Time to Go All In
      4 min read

    Related categories

    Reviews for Stop Waiting, Start Investing

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Stop Waiting, Start Investing - Ryan King

      Cover of Stop Waiting, Start Investing by Ryan King

      STOP WAITING Start Investing

      Build Wealth With 10 Minutes Of Work

      Ryan King

      Making Money Simple

      Contents

      Preface

      Introduction

      Part One: The Foundations

      Chapter 1: Investing Nuts and Bolts

      Chapter 2: Why You Haven’t Started Investing Yet

      Chapter 3: What to Do Before Investing

      Chapter 4: Compounding Basics

      Part Two: The Investing World

      Chapter 5: Beating the Market

      Chapter 6: Index Funds

      Chapter 7: Other Important Concepts

      Chapter 8: Money Psychology

      Part Three: The Three-step Blueprint

      Blueprint: Step 1

      Chapter 9: Choose a Low-Fee Platform

      Blueprint: Step 2

      Chapter 10: Open a Tax-Advantaged Account

      Blueprint: Step 3

      Chapter 11: Invest in a Global Fund

      Conclusion

      Appendix

      Acknowledgements

      About the Author

      Publishing Details

      Preface

      What is this book about?

      This book does exactly what it says on the tin (or the front cover). It teaches you how to stop procrastinating and actually start making your money work for you by investing it in the stock market. Not soon, not tomorrow, but today. Right now.

      You can devise the best workout routine to the most miniscule detail, but you won’t build any muscle unless you actually get in the gym. The same goes for investing. You won’t build any wealth unless you actually start.

      This book’s subtitle, ‘build wealth with ten minutes of work’ is completely accurate. You’re reading this book to build your knowledge, and of course this will take longer than ten minutes, but the process to actually start investing only takes ten minutes, most likely less. I have got family members set up with investing in a matter of minutes. In this day and age we are able to download an app or go on a website and start investing in minutes.

      That’s what this book is all about. You can finally stop waiting and start investing; you can begin to build your long-term wealth with ten minutes of work using the stock market.

      Who is this book aimed at?

      This book is primarily aimed at young adult readers who are interested in investing but are worried or even intimidated by the challenging landscape of the financial markets. The person who will benefit the most from this book is someone aged 18–30 who has never invested before, but the principles and approach to investing that we will cover apply to anyone and everyone, no matter their age or background.

      I regularly receive messages from parents who want to invest for their children, and everything in this book is still applicable to them. At the other end of the spectrum, people in their 40s and 50s regularly ask me for investing advice, and my message to them is the same. Even if you have been investing for a number of years this book will either cement your approach and knowledge or give you a new perspective.

      I imagine that you picked up this book because either you want to start investing and don’t know where to begin or you’re already investing and want to understand the process more. Everyone knows they should be investing and making their hard-earned money work harder, but where should we put our money? Not to mention:

      What platforms and accounts should we use?

      What is the magic of compound interest?

      How can we avoid the common investing pitfalls and mistakes?

      What fees do we need to pay when investing?

      How do we make money when investing?

      These are all sensible questions. We will break down each of these and many more throughout this book.

      How is this book structured?

      This book is split into three distinct parts:

      Part One: Foundations covers essential information that you should know as an investor: how we make money from investing, the joy of compounding, what to do before you start investing, and more.

      Part Two: The Investing World explores the operation of the stock market: how the stock market is made up, active and passive investing, index funds, to name a few things.

      Part Three: The Three-step Blueprint delivers the practical steps you need to follow to start investing, which are: choosing a platform, creating an account and making an investment.

      You might be tempted to skip the first two parts, but if you’re new to investing, reading this book sequentially in order to build up your knowledge is the best way to go. The process really is simple, but first we should lay some foundations, build an investor’s mindset and understand the investing world and key concepts, before moving into the three-step blueprint to stop waiting and start investing. This is important because when you understand the reasoning and logic behind something, as opposed to simply being told what to do, you are more likely to stick with it.

      Throughout the book I draw on personal examples from my own investing experience and many discussions I’ve had with fellow investors and those interested in investing, as well as knowledge from dozens of other books I’ve read on the subject over the many years that I have been investing and have continued my own learning.

      This is the book that I wish I’d read before I started investing, or even in my first few years of investing, to help me avoid the mistakes that I made in the early years and to start building my wealth in the simplest way possible.

      There are endless ways to invest and there is no perfect answer. But this book will give you the simplest blueprint possible to grow your wealth over the long term.

      I hope you find this book useful and, most importantly, it helps you to stop waiting and start investing.

      Introduction

      A genius is the man who can do the average thing when everyone else around him is losing his mind.

      Napoleon

      T

      his book is

      the culmination of my years as a student of investing. Over this period I have been learning, reading and educating myself constantly on investing, personal finance and financial freedom. I have learned a lot, made many mistakes, built my portfolio from £0 to £100,000+ and am on my way to becoming financially independent. But I want you to understand that I am not an investing genius, I didn’t have a lucky break or an inheritance to get me started, and the approach I followed is open to everyone – including you.

      Money is a very important aspect of life. But at the end of the day most people aren’t that interested in it and don’t want to spend their lives thinking about it. They either spend their money or save it, perhaps a bit of both. Instead of worrying about their long-term financial future, they’d rather spend time with family, focus on their career, go on holidays, try new hobbies, watch sports, and so on.

      This is completely understandable.

      But failing to get your finances in order can lead to an array of difficulties that make some of those things you want to do much, much harder.

      So how do we avoid this?

      The key premise of Stop Waiting, Start Investing is that the best way to get your finances in order is to build wealth through investing in the stock market.

      There are many ways to invest and many asset classes we can invest into. While this book will be focusing on stock market investing, arguably the easiest way to build our wealth over the long term, the most important thing is that we are investors. By investing our money to grow it over time, we have the upper hand and are giving ourselves a chance to achieve financial freedom.

      What is financial freedom? It is a term that can be used interchangeably with financial independence, and what it means is different for each of us. For me, it’s where I’m free from worrying about money as my investments pay for my lifestyle, money is no longer an issue and I can spend my time how I please. For you, it may be to have so much money you can do literally whatever, whenever. Or it may be enough that you can leave your office job and take on more rewarding, lower-paid work or volunteer work.

      However you measure financial freedom, the method to get there is really simple:

      Live below your means by spending less than you earn.

      Invest the difference between your earnings and spending.

      Wait and become wealthier over time, one day achieving financial freedom.

      Want to get there quicker? Increase your income (without succumbing to lifestyle creep or ‘keeping up with the Joneses’), make the difference bigger between your spending and earnings, invest this larger difference.

      Increasing your income will help you achieve financial freedom sooner, but don’t wait until that pay rise, that promotion, that new ‘thing’ before you start. When I say ‘stop waiting’, I mean stop putting investing off any longer. Don’t waste another minute. Don’t wait for the next crash or the ‘bottom’ of the market, both of which are impossible to predict. I believe a big reason for procrastination is that many people don’t know where to start. This book will help you with exactly that.

      When I say ‘start investing’, I literally mean just get started. Many investment platforms now let us start investing with little more than pocket change.

      Lastly, a massive thank you and congratulations for buying this book. As cliché as it sounds it really does mean a lot and you will not regret taking action by increasing your financial education and getting started with investing. This stuff isn’t usually taught in school or at home, so congratulations for taking the initiative to educate yourself about investing. Investing is a powerful tool that can build your wealth, enable you to live a fulfilling life and allow you to give back in great ways to others.

      Why listen to me?

      Growing up I always enjoyed ‘finance-y’ stuff and was naturally pretty good at saving. I’m not sure why, maybe it’s in the genes. I always had a job, from a newspaper round at 13 to football refereeing at 14 to working in a supermarket at 16. I would save what I could and then spend it. When I was a bit younger this was usually on video games and football merchandise, then, as I got older, I saved up my wages from working in a supermarket for two years and bought myself a MacBook before going to university, where I ended up studying economics.

      But even then, going through years of learning about the macro and micro economy, econometrics, corporate finance and more, I was never told how to actually start investing or the importance of getting started as soon as possible. I even completed a professional qualification and became a chartered accountant after university and found that a large majority of the smart people in those finance-y jobs haven’t got a clue about investing either.

      I would hear about the guy who made millions overnight or the guy who lost it all, but I never heard a realistic story of investing. Unsurprising, I guess, since ‘how I made a million overnight’ sells much better than ‘how I became a millionaire after three decades’. This led me to believe that investing was risky and almost pointless unless you could become an instant millionaire.

      Fortunately, I stumbled across a few books and useful videos during university, and that is what kickstarted my investing journey. I made many mistakes at the start, but now, several years later, I have a six-figure-plus investment portfolio while being in my mid-20s.

      To reiterate, I am not a genius and did not inherit any money. I simply started investing and increased my contributions over time as my salary increased – nothing special.

      I hope that by sharing my journey and my exact investing approach, first with tens of thousands of people online and now through this book, I can help you and many people like you achieve similar results. To be completely honest I very rarely check my investments these days. Everything is on autopilot, I pay rock-bottom fees and I trust the long-term process of investing in the stock market to build my wealth. I spend my time doing those things I want to do: working a full-time job, exercising, travelling, socialising and producing informative financial education content for Making Money Simple on my various social media channels. While I spend my time doing these things, my investments grow passively over time.

      So I am walking the walk and practising exactly what I preach. The investment approach that we will go through in detail is exactly the approach that I follow and have followed for a number of years. It is making me wealthier each year, and it can do the same for you.

      Simple, not easy

      If I told you that you could become a millionaire through ten minutes of initial work, followed by only ten minutes of work per year, would you believe me?

      It almost feels like a con. But it’s not.

      Investing is simple.

      Becoming a millionaire is simple.

      For those who say, ‘a million isn’t worth what is used to be’, that’s true, because of inflation. But it is still a serious amount of money and an impressive milestone to aim for.

      Becoming a millionaire is a numbers game and it is logical mathematics. It’s all

      Enjoying the preview?
      Page 1 of 1