So you’ve written your first book. And you’ve decided to self-publish it. So now you’re faced with the question of what to write on the cover. Or maybe you’re a freelance writer and you’ve scored a gig to write cover copy.

Where do you start?

Well if it’s your own book you’re in luck.

As it gets harder and harder for aspiring authors to get their books picked up by traditional publishing houses, more and more bloggers are finding publishers simply coming to them with contracts in hand. If you keep up with books at all, you know that agents and publishers have picked up several author’s blogs and made them into books since about 2005.

By Phil Town

Payback Time: Making Big Money Is the Best Revenge!

Phil Town’s first book, the #1 New York Times bestseller Rule #1, was a guide to stock trading for people who believe they lack the knowledge to trade.  But because many people aren’t ready to go from mutual funds directly into trading without understanding investing—for the long term – he created Payback Time.

Too often, people see long-term investing as “mutual fund contributing” – otherwise known as “long-term hoping.”  But the sad truth is that mutual fund investors are, to a stunning degree, pinning their hopes on an institution that is hopeless.  It turns out that only 4% of fund managers consistently beat the S&P 500 index over the long term, which means that 96% of fund investors see a smaller return on their nest egg than a chimpanzee who simply buys stocks in the 500 biggest companies in America and watches what happens.

But it’s worse than that.  The net effect of hitching your wagon to mutual funds is that over a lifetime they’ll fritter away as much 60% of your nest egg in fees.  Once you understand how funds engineer this, you’ll rush  to invest on your own.

Payback Time’s risk-free approach is called “stockpiling” and it’s how billionaires get rich in bad markets.  It’s a set of rules for investing (not trading but investing) in the right businesses at the right time — rules that will ensure you make the big money.

Payback Time: Making Big Money Is the Best Revenge!

• Published on: 2010-03-02
• Released on: 2010-03-02
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 288 pages

See more details: Payback Time: Making Big Money Is the Best Revenge!

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Barnes and Noble, Inc. announced it has unveiled its plans for Tikatok, a children’s book publishing website, which it acquired in September.

Created in collaboration with a team recruited from MIT University, Barnes & Noble said that Tikatok is the first Internet publishing platform for children.