Description
How to Make a Million Slowly is a book written by John Lee, a successful private investor in the UK. Lee offers advice on how to build a successful investment portfolio over time, using a buy and hold strategy. He is also proud of his mistakes and is adamant that if you make a loss, you should learn from it and move on. This book is a great resource for anyone looking to invest for the long term.
'John is a hero to many private investors in the UK. By tucking money away year after year, and choosing his investments wisely, he has accumulated a portfolio worth more than GBP1 million.' The Motley Fool 'I'm a big fan of the writings of John Lee. John Lee moves the market.' Monevator 'Lord (John) Lee of Trafford was one of the first UK investors to build an ISA portfolio worth more than GBP1 million, reaching that landmark in 2003.' Daily Telegraph, March 2012 John Lee is one of the UK's most successful private investors. Beginning with an investment pot of GBP125,000 in the early 1980s, by 2003 he had turned this into a thriving portfolio of over GBP1 million, and it has significantly increased in value since then. Using efficient investment methods, as well as pursuing a winning 'buy and hold' strategy, he was the UK's first ISA millionaire. In How to Make a Million - Slowly, John Lee offers invaluable lessons that will help you make the right decisions about your investments. Explaining why an unhurried portfolio is the best and most sustainable strategy for growth, you will learn how to spot opportunities, research and monitor the market, work with management and above all, make money.
Review:
I cannot think of a better way of reinforcing that key message that long-term investing can prove utterly rewarding. Certainly, mother is getting a copy. Jeff Prestridge - Mail on Sunday There is some very sound advice, I like Lee's common sense approach... It's the book for people who are prepared to build their portfolio steadily, one stock at a time and work on the principle that you're buying for the long term... Lee is rightly proud of what he has achieved but also honest about the fact that he has made mistakes, usually either because he sold a stock too soon or because he simply misjudged. Either way he's adamant that if you make a loss you should learn the lesson and move on. www.thebookbag.co.uk
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