This book is for people who want to know what to do with the money they save: so that its there when they need it to buy a home, pay for college, etc. but also grows enough so they dont outlive it. The investment industry is xated on the importance of maintaining a balance of stocks and bonds, shifting to more bonds as one ages. This book challenges this belief by arguing that whats actually important is to have just enough bonds and cash to support spending needs from a stable source, and to replenish these through the sale of stocks at propitious times when the stock market is not depressed. It features simple mathematical calculations, an explanation of basic financial objects like stocks, bonds, ladders, CDs, ETFs, or annuities, a discussion of how to evaluate financial risk, examinations of insurance, fraud deterrence, dollar cost averaging, benefits of a mortgage, risks of a pension, and general advice about healthcare.
Although the book is written to beaccessible to those with little or no prior knowledge of nance, the studies and conclusions presented here benet a multitude of financial investors.
Chapter 1: How To Get Richer.- Chapter 2 Deciding What To Invest In.- Chapter 3: Understanding Risk.- Chapter 4: How Much to Hold In Fixed Income Investments.- Chapter 5: When to Exchange Equity for Fixed Income Investments.- Chapter 6: Calculating Spending.- Chapter 7: Insurance Mediates Risk.- Chapter 8: Fraud deterrence.- Chapter 9: General Investment Issues.- Chapter 10: Can I afford to retire.- Chapter 11: Investments After Retirement.- Part I: For the U.S. Investor.- Chapter 12: Pre-Retirement Investment.- Chapter 13: Tax-advantaged savings in retirement.- Chapter 14: Tax relief for education and gifts.- Chapter 15: Optimizing Social Security.- Chapter 16: Healthcare.- Chapter 17: Pensions.- Chapter 18: The Looming Retirement Crisis.- Appendices.- References.- Index.
Robert PlÔ
![Investment Industry Claims Debunked: Smart Personal Finance Management For Ordinary Folks, Before and After Retirement [Paperback]](/itemImage/2/9/7/4/2_5428572.jpg "Investment Industry Claims Debunked: Smart Personal Finance Management For Ordinary Folks, Before and After Retirement [Paperback]")