This slim 88-page book provides clear and concise information on money management and investment strategy. It’s never too late to invest. Although I hated the Republican “Tax Reform” bill, I knew that dumping a trillion dollars into the U.S. Economy would send the Stock Market up, up, up. We still have another year of growth as all that money works its way through our financial system…before the Economy crashes in 2019. There’s money to be made and The Investment Answer tells you how to do it. With Social Security on shaky ground, all retirees are going to need additional income to supplement their budgets. Investments provide dividends and capital increases to boost your income. The Investment Answer answers a lot of questions about money and how to get more. GRADE: A-
TABLE OF CONTENTS:
Why We Wrote this Book p. 1
Introduction p. 5
The Decisions
Chapter 1 The Do-It-Yourself Decision p. 11
Do-It-Yourself p. 11
Retail Brokers p. 16
Independent, Fee-Only Advisors p. 18
How to Select an Independent, Fee-Only Advisor p. 20
Chapter 2 The Asset Allocation Decision p. 23
The Impact of Volatility on Returns p. 23
Risk and Return are Related p. 27
The Asset Allocation Decision p. 31
Chapter 3 The Diversification Decision p. 35
Chapter 4 The Active versus Passive Decision p. 41
Active Investing p. 41
Passive Investing p. 45
Chapter 5 The Rebalancing Decision p. 51
Conclusions
Chapter 6 Compared to What? p. 57
Chapter 7 What About Alternatives? p. 59
Hedge Funds p. 60
Private Equity (Including Venture Capital) p. 62
Commodities (Gold, Oil & Gas, Etc.) p. 63
Chapter 8 Everyone Can Succeed p. 65
A Personal Note from the Authors p. 67
About the Authors p. 71
Appendix p. 75
Sources and Descriptions of Data p. 79
Index p. 87
For anyone out there in investing, I’ve got a Start-Up developing Amish Videop Games….
Dan, good luck with that! I see the last two BLOCKBUSTER stores just closed. The end of an era…
John Oliver is going to be upset about that. He sent them Russell Crowe’s “cup” from CINDERELLA MAN. I think there might be one Blockbuster left in Oregon.
Jeff, the CBS NEWS story I saw claimed the last two BLOCKBUSTERS just closed their doors. Another casualty of NETFLIX, HULU, and AMAZON Prime TV.
Jeff is right. The last one still open is in Oregon.
Waiting for the recession. Every Republican president has had at least one since Theodore Roosevelt.
Steve, I’m predicting the Economy will run out of gas in 2019 and it will be Recession Time again.
Since I have no money, investment advice isn’t of use. I could sell my home, and invest that money, but then I’d be homeless and living under a bridge, or somewhere. I’ve already stopped buying books, clothes, cars, tools, all the rest. Can’t do much more.
Rick, we acquire stuff for most of our lives and then spend the last part getting rid of it all. I’m meeting with State University of New York at Buffalo librarians next week to arrange another book donation. I have about 12 boxes books ready to go. Usually, these book donations generated a tax deduction for me. But with the new higher Standard Deduction I don’t know how this will affect my taxes next year.
Most people don’t have money to invest! Books like this are useless to them!
Bob, there are no chapters on casinos in this book.