The Little Book of Bulletproof Investing: Do's and Don'ts to Protect Your Financial Life
Praise for The Little Book Of Bulletproof Investing\ "There's a wealth of common sense contained in this new entry into Wiley's popular Little Book series. It gets the essentials of successful investing right, and the authors' 'Tangent' portfolios present an interesting appraisal of historic returns. While I'm not at all sure that they (or anything else) are 'bulletproof,' enjoy the interesting and zippy read, and draw your own conclusions."\ —John C. Bogle, founder and former chief, The...
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It's been a tough couple of years for investors. Many have seen their retirement accounts dwindle dramatically and are looking for a safe way to protect what they have and make back some of what they've lost. That's why the bestselling author team of Ben Stein and Phil DeMuth has created The Little Book of Bulletproof Investing.When you invest, there are essential things you should do and many things you shouldn't. The Little Book of Bulletproof Investing addresses these important issues and shows you how to utilize the fundamentals of finance to achieve success in today's market.This practical guide contains proven advice on navigating today's treacherous financial landscape and will put you in a better position to make more informed investment decisions. Page by page, this reliable resource:Includes street-smart advice for individual investors uncertain about their investment and retirement portfoliosProvides a bulletproof investment portfolio that will minimize your financial risk in bad times'and improve your returns in good timesOutlines the steps you must take to maximize your income and savings and protect yourself from the financial calamities of modern lifeFilled with in-depth insights and practical advice, The Little Book of Bulletproof Investing offers quick, easy-to-follow, and entertaining financial guidance for anyone looking to get back on the right investment track.
Introduction: Check in with the Control Tower. Chapter One: The Nut Behind the wheel. Behavioral Finance in One Lesson. Chapter Two: Wall Street Therapy. For Good and For Evil. Chapter Three: How Not To Invest. Kids, Don't Try This At Home. Chapter Four: How To Invest. It's Not as Fun as it Used to Be. Chapter Five: The Holy Grail of Investing. Having Your Cake and Eating it Too. Chapter Six: Bulletproofing Your Investments. A Recipe For Setting Up Your Tangent Portfolios. Chapter Seven: Pulling the Trigger. Practicing Portfolio Management at Home for Fun and Profit. Chapter Eight: Become the CEO of You, Inc. Get Wise, Get Smart, Get (Further) Educated. Chapter Nine: Human Capital 411. Follow the Money. Chapter Ten: Save ‘Til You Drop. Getting and Spending. Chapter Eleven: Houses of Blues. Welcome to the Neighborhood of Poverty. Chapter Twelve: Can You Still Retire Comfortably? Retirement Was Overrated Anyway. Chapter Thirteen: The End Game. “If Something Cannot Go on Forever, It Will Stop”. So Long, Farewell. Acknowledgements. About the Authors. Index.
\ Library Journal - BookSmack!\ Cash has been the chief dude concern since The Colonies demonetized wampum in 1663, and every dude I know is at best four paychecks away from complete devastation. Wise Men Stein (yes, both a respected economist and spaker of "Bueller") and DeMuth (his epigram isn't as exciting) have written a timely, understandable, and down-to-earth book for those of us who can't comprehend market derivatives and probably wouldn't like them if we could. It offers cogent, understandable, and simple strategies and explanations without being simplistic (I am so tired of being insulted by authors who think I play Lotto and lease a Lexus, thanks David Bach). It's also enjoyably snarky, like their list of how NOT to invest (e.g., "find a brilliant, prestigious financial advisor like Bernard Madoff or John Stanford"). Self-reliance, brothers, is key to lining our lairs with dollar bills; keeping control of and tabs on your hard-earned money is your own responsibility. The authors point out that Wall Street, which exists to make money for Wall Street, not you, will in fact piss away your money and then laugh at you. Though they do it in much nicer terms. There is advice on home ownership, investing, retirement, taxes, and that you don't have to sell your kidney to woo Margaret Thatcher; just offer her port wine. "Since the contingency of being old, sick, defenseless, and poor is too horrible even to imagine, everything dictates that we err on the side of oversaving." — Douglas Lord, "Books for Dudes," Booksmack! 1/6/11\ \
