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    How to Double your Wealth Every 10 Years (Without Really Trying)
    How to Double your Wealth Every 10 Years (Without Really Trying)
    How to Double your Wealth Every 10 Years (Without Really Trying)
    Ebook39 pages29 minutes

    How to Double your Wealth Every 10 Years (Without Really Trying)

    By Nick Louth

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    About this ebook

    This book shows you that effective investment can be simple, how anyone with just an hour or two to spare each week can double their wealth in ten years; double it again in the decade after that; and then double it once more - to make an eight-fold increase of capital in 30 years.
    The strategy for this should work even if the current miserable investment climate persists for all those years.
    And it requires minimal time and effort.
    This isn't a get-rich-quick guide. It is a get-rich-slow guide, a get-rich-reliably guide.
    There are all sorts of books out there that tell you how to double your money in five years or even three years. Most were written back in the 1990s when double-digit stock market returns were the norm, and most also require - if they work at all - a dedication to trading which is both anxiety-inducing and costly in terms of time.
    They are all about taking risk. This guide is not.
    Written by a veteran investor and finance writer, this book is all about building as much certainty as possible into your returns right from the very start.
    LanguageEnglish
    PublisherHarriman House
    Release dateOct 1, 2012
    ISBN9780857192608
    How to Double your Wealth Every 10 Years (Without Really Trying)
    Author

    Nick Louth

    Nick Louth is a million-copy bestselling thriller author, and an award-winning journalist. After graduating from the London School of Economics, Nick was a foreign correspondent for Reuters, working in New York, Amsterdam, London and Hong Kong. He has written for the Financial Times, Investors Chronicle, Money Observer and MSN. His debut thriller, Bite, was a Kindle No. 1 bestseller and has been translated into six languages. The DCI Craig Gillard series and DI Jan Talantire series are published by Canelo, and in audio by WF Howes. He is married and lives in Lincolnshire.

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      Book preview

      How to Double your Wealth Every 10 Years (Without Really Trying) - Nick Louth

      Publishing details

      HARRIMAN HOUSE LTD

      3A Penns Road

      Petersfield

      Hampshire

      GU32 2EW

      GREAT BRITAIN

      Tel: +44 (0)1730 233870 | Fax: +44 (0)1730 233880

      Email: enquiries@harriman-house.com | Website: www.harriman-house.com

      Copyright © 2012 Nick Louth

      First published in Great Britain in 2012

      The right of Nick Louth to be identified as the Author has been asserted in accordance with the Copyright, Design and Patents Act 1988.

      ISBN: 9780857192608

      British Library Cataloguing in Publication Data | A CIP catalogue record for this book can be obtained from the British Library.

      All rights reserved; no part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without the prior written permission of the Publisher. This book may not be lent, resold, hired out or otherwise disposed of by way of trade in any form of binding or cover other than that in which it is published without the prior written consent of the Publisher.

      No responsibility for loss occasioned to any person or corporate body acting or refraining to act as a result of reading material in this book can be accepted by the Publisher or by the Author

      For Louise

      Introduction

      I AM GOING to show you that effective investment can be simple, how anyone with just an hour or two to spare each week can double their wealth in ten years; double it again in the decade after that; and then double it once more – to make an eight-fold increase of capital in 30 years.

      The strategy for this should work even if the current miserable investment climate persists for all those years.

      And it requires minimal time and effort.

      To achieve this wealth-doubling we’re going to focus on a special number, a number with a little magic about it. That number is 7.2, and it is the annual rate of return required for us to double our money in ten years. However, 7.2 is more than this. It’s a target rate that will steer us away from trouble, from the risk that comes with higher and less-certain objectives, but still keeps us above the miserable

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