Hi, 7% for a year, that's a goal. and it's not easy goal. Form my perspective, only when you trying return solid you succeeded to do more. I'm working per value investments terms. I'm doing only several moves a year. I believe in history of the market and about economy is doing well at the long run. For author's books i think every investor should get familiar with are: Ben Graham, Peter Lynch, Jeremy Siegel and Philip Fisher and... (of course) I'm reading a lot about Warren Buffet. In my belief, the individual investor has the preventive of being individual, you just need to learn how to manage it.
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Chris DeMuth Jr. is the founder of Rangeley Capital LLC. Rangeley is an investment firm that focuses on event driven, value-oriented investment opportunities. Rangeley Capital and his value investing forum, Sifting the World (StW), search the world for misplaced bets. Rangeley exploits them for its investors and then Mr. DeMuth writes about them on StW.