Review: Smart Investments – Gustavo Cerbasi

Our financial life goes through different phases over time. My crossed to make money and then spend it by paying for the wedding and honeymoon. :) Jokes aside, after these two events back to save money and save it in the popular and safe Savings Account, without any long-term goal and also too lazy to research the best current investment.

As we will explain below, I ended up in the indication of the book Smart Investments – Strategies to multiply your assets safely and efficiently, the author Gustavo Cerbasi, the same who launched the book Smart Couples enrich Together, and I can say that reading took me out of inertia and encouraged me to enter the world of Shares and resave my sweaty economy in Treasury Direct.

An event pulls the other

Today we live in an era in which the authors are at a distance of a Twitter and we can interact with them as if we were talking to our friends.

Following some time now the Gustavo Cerbasi on Twitter and knew his Smart Couples Together enrich work (unfortunately no review here on BrunoCunha.com) and decided to take a course with him directly:

Best advance the benefits of my consortium of property contemplated or invest that money in Treasury Direct?

Without much hope, thought Gustavo was not responding, but he answered with a single word: Invest!

Smart Investments

Encouraged by the response, and wanting to better understand the simple recommendation to invest rather than advance the payment of benefits consortium, I decided to buy and start reading the second best selling book of Cerbasi: Smart investments in its revised version (2013) Sextant released by publisher.

I divide the book into two parts:

Part 1:

The first focuses on an audience that is not accustomed to investing and the author clarifies some basic concepts about investment, the main obstacles faced by novice investors, and create a template of questions and answers to the most common questions we received from your readers.

Questions as the difference between saving and investing, or whether we should rely on several institutions to manage our money, or that the best way out is to evade taxes, or that we should increasingly contribute to the INSS, or that we should keep untouched FGTS, among other, are answered in detail in this first part of the book.

Some of our absolute truths about money and investments are batting by Gustav Cerbasi this book and you'll be amazed to see that he is right and that many of their personal truths are not as accurate as you think.

Do not consider myself a novice investor, they've had the experience of hiring a brokerage and investing in government bonds (Treasury Direct), and maybe that's why he found this first part a bit boring to read because it is very introductory, but I'm sure that will help a lot new investors, they are people with many questions that need a “push” to have access to the best investment Savings Account.

Part 2:

Despite not having much liked the first part, I can say that, for me, the second paid the investment in the book. It was here that I found what I was really looking for this work.

Half the book on Gustav begins to detail the various investment options that exist in the Brazilian financial market. The author explains and disputed some details of the Savings, explains the difference between pre and post fixed investments, What are CDBs, Debentures, Letters mortgage, Real Estate Credit, Letters of Credit for Agribusiness, Gold, Investment Funds, Real Estate Funds, Fixed Income and what I most awaited this book, Equity investments, or as they are better known, Shares.

My main goal in reading this book was to learn a little more about the Stock Market and, in this issue, I can say that I learned a lot, but, beyond this topic, I also learned other investment options that do not know: debentures, mortgage notes and real estate funds eg.

Conclusion

This reading took me out of inertia and made me re-think about investing with a purpose, with a target, aiming to raise money to make a dream. I took part of my merrecas and returned to invest in Treasury Direct and the other part in the new stock market (new to me at least).

This book encouraged me to invest a portion in equities, but, I got the main learning summarized in the following twitter:

Ponder that thought and notice a big difference when it comes to achieving dreams!

Then, if you want to learn new ways to invest beyond the basics (Savings account), I recommend reading Smart Investments (Click here to buy cheaper).

Another book I read said enough for my life, after all, in a capitalist world, learn to invest correctly you will achieve your dreams faster, because, the difference between a child and an adult is only at the price of their toys!

Good reading!!!