Book·1998
The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street and Get On with Your Life
About this source
A former Wall Street broker distills investing into three simple principles -- asset allocation, approximating the stock market average through index funds, and saving -- arguing that ignoring financial noise and simplifying your portfolio leads to both better returns and a richer life.
Frameworks extracted
10 totalFINongoing
The Fun Money Allocation Rule
Index 85-95% of your portfolio, then play with the rest guilt-free.
PRODweeks
The Wall Street Clutter Detox
Eliminate financial noise to reclaim energy for what truly matters.
FINmonths
The Saving-Spending Balance Framework
Calculate the gap, tape it to your closet door, and close it over time.
FINdays
The Indexed Diversification Portfolio Builder
Three to five index funds is all the diversification you need.
FINdays
The Expense and Tax Drag Audit
Turn warm and fuzzy percentages into cold cash to see what fees cost.
FINongoing
The Compounding Pie Framework
The biggest piece of your investment pie is the one you never touch.
PRODweeks
The Four-Foot Putts Principle
Master the boring fundamentals instead of practicing the flashy ones.
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The Investment Time Horizon Risk Framework
Risk is not volatility -- it is not having money when you need it.
MINDdays
The Outfox the Box Decision Model
Choose the known $8,000 over gambling for the unknown $10,000.
FINongoing
The Three Fundamental Principles of Investing
Asset allocation, approximate the market average, and save enough.