Personal finance Books

Book SynopsisDo you want to make money while making the world a better place? Then this is the book for you.After the bestselling success of Girls Just Wanna Have Funds, the founders of Female Invest are back, and this time they''re focusing on impact investing. Cutting through the noise and ditching the jargon, this book teaches you how to build wealth while creating positive change.From understanding investment basics to identifying the ethics behind different assets, you''ll learn how to make money while supporting the issues you really care about. By introducing you to important concepts and strategies, and combining them with simple, actionable steps, aligning your investments with your values has never been easier. The good news? You don''t need to be rich or an expert to get started.

Read more less

a huge range and FREE tracked UK delivery on ALL orders.

Read more less

Book SynopsisThe year 2020 marks the twelfth anniversary of the 2008 global recession. In the last decade, economies were seen to have weathered the global recession relatively well. From each financial crisis experienced, there is always something to be learned. However, one of the hardest parts of investing is to have control over one’s emotions. The ups and downs in the stock market are perfectly normal and it is how an investor reacts to each of them that makes a difference in their investment strategy. Following on the success of the first edition, veteran financial adviser Dr Ben Fok offers rational, well-documented insights and tips on ways to maximise your returns for your hard earned money. The 36 articles featured here, previously published in The Sunday Times and The Business Times, were written during the times of bull and bear markets. It serves as a timely reminder of the importance of managing your money, and in particular financial planning, understanding the investment world and devising strategies to protect your investments.

Read more less

Book Synopsis

Read more less

Book SynopsisJohn Bogle puts our obsession with financial success in perspective Throughout his legendary career, John C. Bogle-founder of the Vanguard Mutual Fund Group and creator of the first index mutual fund-has helped investors build wealth the right way and led a tireless campaign to restore common sense to the investment world.Trade Review“I highly recommend the book "Enough" by Vanguard's founder, Jack Bogle, who eloquently outlines many of the frustrations investors have.” (USA Today) "Vanguard Group founder Bogle expounds on the hidden costs of our current financial system (primarily driven by speculation and complexity) and suggests that a deeper understanding of what is truly “enough” will help foster more sustainable investing and better living." (Library Journal Best of 2008 Selection) “Why don’t people publish pamphlets any more. I’m not talking about the slim-jims handed out at trade shows, but rabble-rousing, world-changing works like Common Sense and The Communist Manifesto. John Bogle, the founder of Vanguard, follows in the footsteps of the great pamphleteers…‘Central to the effective functioning of capitalism,’ he writes, ‘was the fundamental principle of trusting and being trusted’—and that is disappearing. The problem now: No one is satisfied with having ‘enough’ money or enough success. … If pamphlets were still the rage, 48 pages distilled from the contents of this book could be something as powerful to our age as anything written by Thomas Paine or Marx and Engels. In our more bookish time, though, Bogle has fleshed his ideas out to an interesting, 266-page overview of his life and his views.” (Barron’s) “’What have I created?’ [Bogle] asks in mock horror in his new book…his cry reflects a deeper personal dilemma, one that jags like a scar through this thoughtful meditation on the excess and greed that created the worst financial crisis since the Great Depression. … I applaud his enthusiasm and don’t doubt his wisdom and sincerity. ‘Enough’ – with the period – is a worthy addition to the canon, a variation of his familiar sermon on thrift, simplicity, and the superiority of low-cost index funds.” —James Pressley, Bloomberg News “Jack Bogle’s passionate cry of Enough. contains a thought-provoking litany of life lessons regarding our individual roles in commerce and society. Employing a seamless mix of personal anecdotes, hard evidence, and all-too-often-underrated subjective admonitions, Bogle challenges each of us to aspire to become better members of our families, our professions, and our communities. Rarely do so few pages provoke so much thought. Read this book.” —David F. Swensen, Chief Investment Officer, Yale University "We live in a time that values achievement over character. When the two collide, character often takes a back seat and relationships of all kinds are shattered. Bogle observes that while the financial represents the worst of it, what we see today is not just a financial sector problem, but a societal problem. There is really just too much greed everywhere. … Enough is really about discovering what is really important in our lives. " —Michael McKinney, LeadingBlog "Bogle is a rarity - a true captain of industry who speaks about complex economic issues in a language comprehensible to the layperson." —Michael Smerconish, The Philadelphia Enquirer "Enough shines a light on Bogle's sense of despair over the state of the financial industry, and perhaps industry in general. … From CEOs who implode their companies and float away on golden parachutes, to financial companies who create instruments so complex they themselves have trouble understanding them, to mutual fund companies that market rosy returns while sugarcoating their fees, Bogle sees a lack of integrity and a willingness to play fast and loose with ethical rules in order to make a buck. (Or, maybe more accurate, 150 billion bucks.)" —Justin McHenry, BlogCritics Magazine "It's hard to imagine a better time to publish a book that advocates moderation, balance and integrity in the business world. In this wise meditation, Bogle, the folk-hero creator of the first index mutual fund and founder of the Vanguard Mutual Fund Group, deplores ‘our worship of wealth and the growing corruption of our professional ethics but ultimately the subversion of our character and values.’ Directly in his sights: CEOs and hedge-fund managers who draw ‘obscene’ compensation. At this time of plunging portfolios, it is a relief to be told that ‘enough’ is within reach."(TIME Magazine) "I will simply say that it is one of the best business books ('life' books?) I have ever read, an easy All-time Top 10. And its timing is, well, read it yourself ..." —Tom Peters “This is an impressive message from a distinguished businessman. It will challenge all decision makers to consider the sufficiency and direction of their lives and work. What do we mean by Enough? Enough of what? Enough for what purpose? Feast here and reflect.” —Robert F. Bruner, Dean and Charles C. Abbott Professor of Business Administration, Darden Graduate School of Business “From one ‘battler’ to another: Thank you for putting in one little book the premise for an active, long life. A primer for those who will abjure complacency and just wanting more, who’d rather focus on the joy of trying to move some ball downfield.” —Ira Millstein, Senior Partner, Weil Gotshal & Manges LLP “The balances one must create in investing, in running a business, and in life more generally are simply and clearly stated in Jack’s most recent book, Enough. Unfortunately there are not enough Jack Bogles around in today’s world of instant gratification. Enough. should be must reading for business students and corporate board members.” —David L. Sokol, Chairman, MidAmerican Energy Holdings Company "Although Enough. is presented in a small volume, John Bogle's wisdom is writ large and profound. The messages are particularly meaningful as we all reel from the moral, economic and financial meltdown that confronts us today. —William H. Donaldson, Former Chairman, U.S. Securities and Exchange Commission “[an] engaging, highly readable new book on what went wrong in financial markets in recent years. In the growing canon of "what went wrong" books, Bogle's offering holds a unique place. . . readers will value the common sense packed in these pages. —Jared Bernstein, Philadelphia Inquirer “Throughout his legendary career, John C. Bogle-founder of the Vanguard Mutual Fund Group and creator of the first index mutual fund-has helped investors build wealth the right way and led a tireless campaign to restore common sense to the investment world. Along the way, he’s seen how destructive an obsession with financial success can be. Now, with Enough., he puts this dilemma in perspective. Inspired in large measure by the hundreds of lectures Bogle has delivered to professional groups and college students in recent years, Enough. seeks, paraphrasing Kurt Vonnegut, “to poison our minds with a little humanity.” Page by page, Bogle thoughtfully considers what “enough” actually means as it relates to money, business, and life. Reveals Bogle’s unparalleled insights on money and what we should consider as the true treasures in our lives Details the values we should emulate in our business and professional callings Contains thought-provoking life lessons regarding our individual roles in society Written in a straightforward and accessible style, this unique book examines what it truly means to have “enough” in world increasingly focused on status and score-keeping.” (Jack Canfield Review) “Enough. conveys an especially poignant message in this time of financial crisis. . . The book presents a collection of inspirational truths and values by which to live.” (The Journal of Investment Management) "In Enough, Bogle isn’t interested only in better investing. He’s moved by morals, which he finds sorely lacking in business and finance today."- Jane Bryant Quinn, author of Making the Most of Your Money Now "Enough.deals with how we got in this hole and how we get out. Nobody gets off the hook, including you and me…Real change starts with individuals, Bogle says. If each of us takes a part, that will be enough." —Terry Bibo, columnist, Journal Star "Enough. is a call for the return to core values or to what Bogle refers to as "the old-fashioned liberal humanitarianism that was the hallmark of the Age of Reason." The title has a double meaning: "Enough" as in fed up, and "enough" as a reflection on what people value and how they define success and satisfaction". The Street.com (June 2010) "John Bogle's fantastic book about measuring what counts in life." (Motley Fool)Table of ContentsForeword by William Jefferson Clinton vii Prologue by Tom Peters xi Author’s Note: A Crisis of Ethic Proportions xvii Introduction 1 MONEY CHAPTER 1 Too Much Cost, Not Enough Value 29 CHAPTER 2 Too Much Speculation, Not Enough Investment 49 CHAPTER 3 Too Much Complexity, Not Enough Simplicity 71 BUSINESS CHAPTER 4 Too Much Counting, Not Enough Trust 97 CHAPTER 5 Too Much Business Conduct, Not Enough Professional Conduct 120 CHAPTER 6 Too Much Salesmanship, Not Enough Stewardship 141 CHAPTER 7 Too Much Management, Not Enough Leadership 159 LIFE CHAPTER 8 Too Much Focus on Things, Not Enough Focus on Commitment 183 CHAPTER 9 Too Many Twenty-First- Century Values, Not Enough Eighteenth- Century Values 193 CHAPTER 10 Too Much “Success,” Not Enough Character 211 WRAPPING UP: WHAT’S ENOUGH? What’s Enough For Me? For You? For America? 229 Afterword: A Personal Note about My Career 249 Acknowledgments 253 Notes 257 Index 269

Read more less

Book SynopsisHolly Bathie (Author) Holly Bathie grew up in Devon, where she spent all her time reading. Until the age of seven she wanted to be an acrobat, a lollipop lady, a lawyer or a comedienne. Then she decided on the best job: creating Usborne books. She lives and works in Oxford.Jane Bingham (Author) Jane studied English at Exeter and Art History at York. She has worked on various Usborne dictionaries, encyclopaedias and learning books, and her edition of the Usborne Illustrated Dictionary was awarded a prize for a significant contribution to children's literacy. She has two sons and three stepsons who are now scattered across the globe. She gets a huge thrill from seeing her books on sale when she travels to the USA and Australia.Trade ReviewAn essential book for equipping young people with the skills they need to manage their money now and in the future. * Lancashire Evening Post *Practical advice is the name of the game here with topics including budgeting, earning money, need vs want, giving to charity and student loans. We also like the business angle, talking through two friends setting up a business and making a profit. * City Kids Magazine *

Read more less

HOW TO DOMINATE, MAKE MILLIONS, AND GET ANYTHING YOU WANT "Serhant shows us it's not enough to just have goals, but to chase our dreams with a verve and joyous energy. Highly practical and infectiously fun." Mark Manson, NYT bestselling author of The Subtle Art of Not Giving a F*ck and Everything is F*cked"In Big Money Energy, Ryan Serhant shows readers that when positive energy is mixed with self-confidence and topped off with a heavy dose of hustle. . . anything can be achieved." Sophia Amoruso, NYT bestselling author of #GIRLBOSS Big Money Energy is the feeling you get when you encounter someone who is massively succeeding at life. They're the ultimate picture of self-confidence. There's no bravado, no bragging - they know they have BME and so does everyone else. You get Big Money Energy by being 100% committed to making your vision a reality... and that vision has to be BIG. Ten years ago, Ryan Serhant, billion dollar broker and co-star of Million Dollar Listing New York was living paycheque-to-paycheque and didn't even own a suit. He realized that while he couldn't change his circumstances or the balance of his bank account, there was one thing he could change - his energy. The energy you give off impacts every area of your life, from how much money you earn and how much power you have, to who you socialize with and the jobs you get. Determined to leave his low-rent lifestyle behind forever, Serhant took life-changing steps that resulted in his getting cast on television and doubling his income every year for the next decade. He is now the CEO and Founder of SERHANT., a multi-dimensional property brokerage and media company, and averages a billion dollars in sales every year. Big Money Energy shows you how he tapped into his Big Money Energy to crush his goals and achieve huge success, earning his first million before he turned thirty. Whether you're a self-made entrepreneur, a corporate executive or barista, Serhant will teach you how to climb the ladder to success better and faster than anyone else. If you want Big Money Energy, this is your blueprint. This book is an inspirational, lively guide for anyone who is ambitious enough to dream big and is committed to doing whatever it takes to conquer their goals.

Read more less

Book SynopsisA profound and gripping memoir by Nicole Walters, the daughter of Ghanaian immigrants who became a self-made multi-millionaire by showing others how to recognize their own strengths—and her own harrowing journey to the discovery that she was worthy all along of the life of her dreams.Nothing Is Missing is a riveting, unputdownable story of what it takes to show up for yourself—and the joy that can come once you do. Raised in a home where food was unstable and anger was the norm, Nicole learned early that she needed to take charge of her own safety and security. So she did: She got into an elite private school by talking to a stranger in her dad’s cab, she strategized her way onto Wheel of Fortune to pay for college, she adopted three girls after meeting their mother panhandling, she quit her job to launch her own business, and she struggled. Hustling endlessly to try to achieve society’s definition of success left her exhausted, compromising her own sense of worth in order to accommodate others. Nicole worked herself straight into a health crisis that threatened her life and the family she had worked so hard to build. It was not until she was forced into a major reckoning in both her business and her marriage that Nicole realized that she was already enough, that she had and was everything that she needed. In Nothing Is Missing, Nicole contemplates how she was able to create the life she wanted using the strength she had within herself all along.Trade Review"Nicole is always authentically herself, and this book is no exception. Her abundant wisdom and courageousness inspires on every page.” — Octavia Spencer, Actress"She needed a hero, so she became one." --Nate Burleson, CBS Mornings"Nicole's insights are invaluable in helping you break cycles and create the life you truly desire. If you're feeling stuck or uninspired, this book is exactly what you need to get back on track and start flourishing." - Nedra Glover Tawwab, New York Times bestselling author of Set Boundaries, Find Peace“Starting over in life is something every woman experiences—with marriage, career, and reinventing themselves. In this book, Nicole Walters transparently shares her own story as a first-generation Ghanaian American growing up and navigating how to show up entirely while society tells her there’s always something missing. This book is for every shelf in need of a bit of inspiration!” –Rachel Cargle, activist, entrepreneur, and author of A Renaissance of Our OwnNicole is my friend and I love her, but reading this book shook me. Don’t mistake her shiny, megawatt smile for ease; she has suffered, persevered, and overcome. Nicole's story is no joke. I couldn’t decide if I wanted to weep on the floor for such a tender retelling, or demand through a megaphone that every woman I know read this. The best endorsement I can give is this: I will immediately put this book in the hands of my daughters.” —Jen Hatmaker, Speaker, Host of the For the Love Podcast, and 4x New York Times Bestseller author"In this sparkling and impassioned story, [Walters] found passion in choosing herself… a celebration of self-actualization and belief, with a beating heart at the center.” —Glamour "Like only she can, Nicole’s beautiful storytelling in Nothing is Missing both inspires and affirms. After the tears, after laughing out loud, readers will find themselves reflecting on how they too can not just survive but thrive. Nicole’s story will resonate with anyone who has the courage to defy and transform any prevailing narratives about who they are or should be. This book is a must-read for anyone determined to create a life they love." —Tracey Michae’l Lewis-Giggetts, Author of Black Joy: Stories of Resistance, Resilience, and Restoration“Nothing Is Missing is a testament to self-discovery and the transformative power of recognizing one's strengths. You will feel seen and supported, and will be given a path to create the life you deserve." —Amy Porterfield, author of New York Times bestseller Two Weeks Notice“From the first sentence, Nicole’s story hooked me, and I walked away with this mantra reverberating in my ears: Everything’s very wrong. Everything is also very right. But nothing is missing. Nicole is as relatable as they come, all while reminding you to realize that you are worthy when you wake up. It’s a story of what it means to live the American dream and what happens when your dreams change into something more beautiful than you ever imagined. I sped through every page.” –Sharon McMahon, Author, Educator, & "America's Government Teacher"

Read more less

Book SynopsisDiscover the 13 powerful principles behind every great success story The timeless bestseller setting out Hills’s formula for money-making successNapoleon Hill, America's most beloved motivational author, devoted 25 years to finding out how the wealthy became that way. After interviewing over 500 of the most affluent men and women of his time, he uncovered the secret to great wealth based on the notion that if we can learn to think like the rich, we can start to behave like them. By understanding and applying the thirteen simple steps that constitute Hill's formula, you can achieve your goals, change your life and join the ranks of the rich and successful. Hill’s principles include Faith (true belief you can achieve your goal through visualisation), Autosuggestion (influencing the subconscious mind) and Decision (overcoming procrastination and being decisive). Backed by decades of success stories from over 15 million readers, mastering Hill’s principles will help you to become a top-achiever.In this updated edition, Dr. Arthur R. Pell provides examples of men and women who, in recent times, exemplify the principles that Hill promulgated. With the success stories of top achievers such as Bill Gates and Steven Spielberg, he proves that Hill's philosophies are as valid today as they ever were.

Read more less

Book SynopsisTHE HUGELY ANTICIPATED SOLUTION TO ALL YOUR MONEY CONCERNS FROM FINANCIAL PSYCHOTHERAPIST VICKY REYNALWINNER OF THE MONEY AWARENESS AND INCLUSION AWARD FOR BEST BOOK'An incredible voyage of financial self-discovery with plenty of 'aha' moments[...] Think of this as financial therapy with feeling' - Claer Barrett, Financial Times'Essential reading for anyone who has ever earned, spent or saved money. Highly recommend' - Adam Alter, New York Times bestselling author of Irresistible, Anatomy of a Breakthrough and Drunk Tank PinkDo you find it difficult to stick to a budget?Do you hide purchases from your partner?Do you often argue about money with your family?One of the most important relationships we have is with money, yet we are often unaware of what drives our habits and feelings related to it. Money can be a cause of anxiety, shame and conflict

Read more less

Book SynopsisFormer CNN/CNN International Anchor and Business Correspondent Alison Kosik ?recognised around the globe as the face of Wall Street for the network ? found herself trapped in a failing marriage. The savvy mother of two, was terrified to leave her husband. Why? She didn't have the confidence to take on big financial decisions on her own. Despite spending her working hours explaining financial and business concepts, she had allowed her husband to take charge of all their big money decisions ? from buying a house and how to finance it to their investments and retirement savings ? and had no clue how to do any of it on her own.It sounds crazy, doesn't it?But Alison is far from atypical.It turns out plenty of educated and high-achieving women ? married or single ? avoid getting involved with managing their financial lives. In What's Up With Women and Money? Alison gives a step-by-step action plan on a variety of money topics. Alison also interviews dozens of women who share their cautionary tales of why avoiding money decisions can lead to bad outcomes.Alison also talks one on one with inspirational women like Sheryl Sandberg, Rebecca Minkoff, Jessica Alba, Barbara Corcoran, and Deepica Mutyala ? women who inspire other women and help them gain confidence ? to take control of their financial lives.Alison simplifies complicated financial topics of investing, car buying and paying down debt, breaking them down into easy to follow steps, with practical tidbits that make each page accessible, digestible and fun.By the end of What's Up With Women and Money?, women will not only feel empowered and confident about their finances, but they will also feel ready to take action after being motivated without judgment.

Read more less

Book SynopsisThe essential questions and answers you need to know about planning your retirement.

Read more less

Book SynopsisDo you want to get to the stage - soon - where you are truly financially independent, able to use your money in the way you''d like, and be completely confident in your ability to take care of yourself and your family? That is a universal desire, but many of us regard wealth and financial independence as a goal which we''ll likely never achieve - there are just too many bills that need paying and there is a widespread belief that the money game is rigged. Even people who win the lottery or inherit money often seem to wind up losing it. The evidence suggests you can''t win a game that you don''t understand - even if you start out winning - because you never understood the game in the first place.So how can you win with money? How can you create independent wealth and hold on to it? This inspiring book by self-made multi-millionaire Rob Moore explains the rules of the game, shares simple tricks for managing money better, details how to create a plan for an ambitious fu

Read more less

Book SynopsisMastering the Inner Game of Wealth. Have you ever wondered why some people seem to achieve wealth effortlessly while others work just as hard but still struggle financially? In this fresh and original book T. Harv Eker explains how you too can master the inner game of money so that you will not only achieve financial success but keep it once you have it. Using breakthrough techniques T. Harv Eker shows you how childhood and family experiences and inner mental attitudes shape your view of money. Each of us has a personal money and success blueprint already ingrained in our subconscious minds, and it is this blueprint that will determine the course of our financial lives. Eker reveals: Powerful ''declarations'' that drive new, money-attracting beliefs into your subconscious; Dozens of high-income and wealth creation strategies; What truly wealthy people know that others do not; The cause of almost all financial problems; How to earn passive income, so that readers can make money while t

Read more less

Book SynopsisDevelop a Winning Investment Strategy-with Expert Advice from The Nation''s #1 Money Manager. Peter Lynch''s invest in what you know strategy has made him a household name with investors both big and small. An important key to investing, Lynch says, is to remember that stocks are not lottery tickets. There''s a company behind every stock and a reason companies-and their stocks-perform the way they do. In this book, Peter Lynch shows you how you can become an expert in a company and how you can build a profitable investment portfolio, based on your own experience and insights and on straightforward do-it-yourself research. In Beating the Street,Lynch for the first time explains how to devise a mutual fund strategy, shows his step-by-step strategies for picking stock, and describes how the individual investor can improve his or her investment performance to rival that of the experts. There''s no reason the individual investor can''t match wits with the experts, and this book will show you how.Table of ContentsCONTENTSPrefacePreface to the Trade Paperback EditionIntroduction: Escape from BondageOne: The Miracle of St. AgnesTwo: The Weekend WorrierThree: A Tour of the Fund HouseFour: Managing Magellan: The Early YearsFive: Magellan: The Middle YearsSix: Magellan: The Later YearsSeven: Art, Science, and LegworkEight: Shopping for Stocks: The Retail SectorNine: Prospecting in Bad News: How the "Collapse" in Real Estate Led Me to Pier 1, Sunbelt Nursery, and General HostTen: My Close Shave at SupercutsEleven: Blossoms in the Desert: Great Companies in Lousy IndustriesTwelve: It's a Wonderful BuyThirteen: A Closer Look at the S&LsFourteen: Master Limited Partnerships: A Deal with a YieldFifteen: The Cyclicals: What Goes Around Comes AroundSixteen: Nukes in Distress: CMS EnergySeventeen: Uncle Sam'a Garage Sale: Allied Capital IIEighteen: My Fannie Mae DiaryNineteen: Treasure in the Backyard: The Colonial Group of Mutual FundsTwenty: The Restaurant Stocks: Putting Your Money Where Your Mouth IsTwenty-One: The Six-Month Checkup25 Golden RulesPostscriptIndex

Read more less

Book SynopsisRobert Scheinfeld, author of the Wall Street Journal bestseller The 11th Element, is back with a guide to help people make money a non-issue in their lives. No matter how well people play, and no matter how much money they pile up while playing, they just can't win the money game.Table of ContentsForeword viiJack Canfield Acknowledgments xi Introduction xiii Chapter 1. The Rules of the Game 1 Chapter 2. The Three Haunting Questions 11 Chapter 3. Leaving Hollywood in the Dust 25 Chapter 4. The White Knight Comes Riding In 33 Chapter 5. How Money Really Gets Created 43 Chapter 6. Mirror, Mirror on the Wall 55 Chapter 7. Turning on Your X-Ray Vision 63 Chapter 8. The Treasure Hunt of the Century 73 Chapter 9. Jumping into the Driver’s Seat 83 Chapter 10. Putting Your Foot on the Gas 95 Chapter 11. Busting Loose 117 Chapter 12. Postcards from the Road 137 Chapter 13. Playing without Limits or Restrictions 163 Chapter 14. The Dialogues 189 Chapter 15. The Invitations 207 Appendix Adding Fuel to the Fire 217 Notes 227

Read more less

Book SynopsisTable of ContentsForeword ix Acknowledgements xi About the Authors xiii Introduction xv Part I The Basics of Investing and Personal Finance 1 Chapter 1 Personal Finance Essentials 3 Chapter 2 Breaking Even 5 Chapter 3 Islamic Wills 13 Chapter 4 Pensions 17 Chapter 5 Your Rainy Day Fund 21 Chapter 6 Going Halal for the First Time and the Purification of Wealth 27 Part II How to Develop Your Investment Strategy 35 Chapter 7 Your Investment Mindset 37 Chapter 8 Building the Blocks 51 Chapter 9 How to Do Basic Due Diligence into an Investment Company 71 Chapter 10 Tax-Saving Strategies 77 Chapter 11 Weighing up Risk and Reward 81 Part III Investment and Sharia Considerations for Popular Investment Categories 87 Chapter 12 Stocks 89 Chapter 13 Fixed Income 121 Chapter 14 Alternative Assets 153 Part IV How to Construct a Robust Portfolio 211 Chapter 15 Portfolio Theory 213 Chapter 16 Case Study: Conservative 221 Chapter 17 Case Study: Moderate 225 Chapter 18 Case Study: Aggressive 229 Parting Thoughts 231 Notes 233 Continuing Your Education 243 Helpful Resources 245 Index 247

Read more less

a huge range and FREE tracked UK delivery on ALL orders.

Read more less

Book Synopsis'This accessible and non-preachy guide [...] is the finance guide you'll keep passing around your friends' COSMOPOLITAN'Reading Black Girl Finance has given me a thorough reminder of what I need to do to get my finances in tip top shape for 2021. It's a guide I keep close to me' - BOLA SOL'A quick, easy read with practical advice and tips' - ELIZABETH OGABI, founder of For Working LadiesSTART FINANCIALLY THRIVING WITH BLACK GIRL FINANCEWe don't like getting real about money, do we? We think maths, we think spreadsheets, we think boring. But Selina Flavius, founder of Black Girl Finance, wants to show that there can be another, better way. A way to start making our hard-earned money work even harder for us.Selina Flavius created Black Girl Finance to address the unique difficulties Black women face due to the gender and ethnicity pay gaps. Since we literally can't afford to wait for change, we need to start changing things up for ourselves. From challenging money mindsets to teaching key skills, such as how to set up an emergency fund and where to start with budgeting, investing and saving, Black Girl Finance provides a safe space for a community of unapologetic, ambitious, money-minded women to get real about their finances.Kick-start your financial journey with Black Girl Finance - the first financial guide of its kind. Packed with tips, tricks and tools, as well as statistics, personal stories, goal-setting exercises and straight-talking advice, this will be your go-to helping hand when it comes to making your financial goals a reality.Trade ReviewA quick, easy read with practical advice and tips * Elizabeth Ogabi, founder of For Working Ladies *Reading Black Girl Finance has given me a thorough reminder of what I need to do to get my finances in tip top shape for 2021. It's a guide I keep close to me and it's great for making notes too * Bola Sol *This accessible and non-preachy guide [...] is the finance guide you'll keep passing around your friends * Cosmopolitan *Liable to be talk of the group chat in coming months * Marie Claire *Flavius has thoughtful and urgent advice for how to make individual changes right now, as well as fighting to change the bigger picture * Refinery29 *

Read more less

Book SynopsisA practical 10-week financial plan to build wealth whilst prioritizing your wellbeing and fun, aimed at readers starting with minimal resources and beyond.

Read more less

Book SynopsisFrom "The Godfather of FI", a follow-up to his international bestselling personal finance sensation The Simple Path to Wealth! Pathfinders brings together scores of amazing and insightful real-life stories from real people on the journey to financial independence-providing practical encouragement and inspiration for anyone who wants to join them. Lighting the way in the real world to The Simple Path to Wealth, these are fascinating, heartfelt, often surprising tales: - of struggles overcome and the rewards that followed - of enterprising solutions to unexpected problems - of sacrifices made and the kindness of strangers - of surprisingly simple steps-and the amazing places they can take you and much, much more. Author JL Collins accompanies these readers' stories with reflections on his "rules for the road"-as well as a candid conversation about the journey to financial freedom with his daughter, the inspiration for his original international bestseller. Pathfinders is the ultimate companion for your own journey to financial freedom-and the true and lasting wealth that lies at the end.

Read more less

a huge range and FREE tracked UK delivery on ALL orders.

Read more less

Book SynopsisTim Ferriss has been listed as one of Fast Company's Most Innovative Business People and as a Forbes Names You Need to Know, and is the seventh most powerful personality on Newsweek's Digital 100 Power Index. He is an early-stage tech investor and advisor, working with Uber, Facebook, Twitter, Alibaba, and over fifty other organizations, and the author of three #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek,The 4-Hour Body, and The 4-Hour Chef. His podcast, The Tim Ferriss Show, was one of iTunes's Best of 2015, typically among the top 30 out of more than 300,000 podcasts. Tim has been called the Oprah of audio due to the sales impact of the podcast, and past guests include Jamie Foxx, General Stanley McChrystal, Arnold Schwarzenegger, Edward Norton, and more than a hundred others.Trade ReviewIt's about time this book was written. It is a long-overdue manifesto for the mobile lifestyle, and Tim Ferriss is the ideal ambassador. This will be huge * Jack Canfield, co-creator Chicken Soup for the Soul *The book that has caught the imagination of overworked America * Sunday Telegraph *This is a whole new ball game. Highly recommended. -- Dr. Stewart D. Friedman, Adviser to Jack Welch and Former Vice President Al Gore on Work/Family Issues, Director of the Work/Life Integration Project, The Wharton School, University of PennsylvaniaStunning and amazing. From mini-retirements to outsourcing your life, it's all here. Whether you're a wage slave or a Fortune 500 CEO, thisbook will change your life! -- Phil Town, #1 New York Times Bestselling Author of "Rule #1The 4-Hour Workweek is a new way of solving a very old problem: just how can we work to live and prevent our lives from being all about work? A world of infinite options awaits those who would read this book and be inspired by it! -- Michael E. Gerber, Founder & Chairman of E-Myth Worldwide and the World's #1 Small Business Guru

Read more less

Book Synopsis

Read more less

Book SynopsisA potential category killer in the travel space, providing readers with the fundamental tools to turn their wanderlust into reality, from Brian Kelly, the founder of The Points Guythe leading voice in loyalty programs, points, miles, credit cards, and travel, with a platform that reaches over 10 million unique monthly visitors around the world.

Read more less

Book SynopsisIn UNCONVENTIONAL SUCCESS, investment legend David Swensen reveals why the for-profit mutual fund industry consistently fails the average investor, from its excessive management and incentive fees to the frequent ''churning'' of portfolios that forces investors to pay higher taxes. Perhaps most destructive of all are flagrant schemes designed to thwart regulators and further erode portfolios, limiting investor choice and reducing returns. Swensen''s solution? A ''contrarian'' investment alternative that creates more diversified, equity-oriented, ''market-mimicking'' portfolios that minimize loss and reward the investor with the courage to stay the course. Swensen backs up his unconventional proposal with well-documented evidence supporting not-for-profit investment management companies such as Vanguard and advice on steering clear of poorly constructed funds. Bottom line? Swensen provides the guidance and financial know-how for improving the personal investor''s bottom line.Trade Review"Mutual fund managers and marketers are not going to like David Swensen's thoughtful and intelligently opinionated analysis of their 'colossal failure' resulting from the fund industry's 'systemic exploitation of investors.' Coming from the mind and heart of one of America's most successful and integrity-laden money managers, this is a book that will change the way you think about mutual funds. It's high time for you to follow the elegantly simple advice he presents in this wonderful book." -- John C. Bogle, founder and former CEO, The Vanguard Group"Swensen is the best. Always a pioneer, his new book presents an approach to investing that is both brilliant and practical." -- Barton Biggs, former Chief Global Strategist, Morgan Stanley"A legendary institutional investor reveals the conflicts of interest that induce most financial services companies to provide inadequate products for the individual investor. Swensen's wise solution: Low cost, tax efficient, market-mimicking funds available either through Exchange Traded Funds (ETFs) or from not-for-profit mutual fund companies. Unconventional Success does for the individual investor what Swensen's Pioneering Portfolio Management did for the institutional investor." -- Burton G. Malkiel, author of A Random Walk Down Wall Street"David Swensen is one of today's best endowment managers, if not the best. Unconventional Success is a perfect summary of what is wrong with a very important industry. This book should lead the reader to better investment decisions." -- Michael F. Price, Managing Partner, MFP Investors"Unfortunately, at the bottom of our industry -- money management -- there is a rather thick layer of muck, and Swensen's Unconventional Success rakes through this muck in spectacular fashion and great detail. It is the truth, the whole truth, and the very ugly truth. If you want to avoid the snares that lurk in money management, and save yourself lots of money, you must read it." -- Jeremy Grantham, Chairman of GMO

Read more less

Book SynopsisRenowned as a titan in global finance, Mark Mobius unveils a comprehensive guide to mastering the intricate landscape of financial investments. Drawing from his illustrious career spanning emerging markets and beyond, Mobius, with unparalleled expertise, demystifies the various financial instruments one can use to start their investing journey. From stocks and bonds to alternative assets, this book serves as an indispensable road map for understanding the diverse avenues of wealth creation.

Read more less

Book SynopsisThe Telegraph is an award-winning, multimedia news brand that has been synonymous with quality, authority and credibility for more than 165 years. Telegraph Media Group (TMG) is the publisher of The Daily Telegraph and The Sunday Telegraph, The Telegraph Magazine, Telegraph.co.uk, the Telegraph app and a number of books, including the annual Telegraph Tax Guide.

Read more less

Book SynopsisMany of our global economic problems started in 1971...when President Richard Nixon took the U.S. off the gold standard. Throughout history, when a government went off the gold standard, an age of turbulence began. In 1997, Robert's book Rich Dad Poor Dad stunned readers stating, "Your house is not an asset." As howls of protest went up around the world, the book went on to become an international bestseller and the #1 personal finance book of all time. Rich Dad Poor Dad is not a book on real estate. It is a book about the importance of financial education. Rich Dad Poor Dad was written to prepare you and your loved ones for the financial turbulence Robert's rich dad saw coming. In 2007, as homes declined in value or were lost to foreclosure, millions of homeowners painfully discovered the wisdom of words of Robert's rich dad. Today we are all aware that a home can be a liability. Today we know a home can go up or down in value. Today, we all know a person can lose money investing in the stock market. Today we all know our money can go down in value and that even savers can be losers. This is why financial intelligence is more important today than ever before. In a world of financial turbulence, your best asset is financial IQ.

Read more less

Book SynopsisThe international bestseller on escaping the 9-5 and finding a new way of livingForget the old concept of retirement and the rest of the deferred-life plan - there is no need to wait and every reason not to, especially in unpredictable economic times. Whether your dream is escaping the rat race, experiencing high-end world travel, earning a monthly five-figure income with zero management, or just living more and working less, this book is the blueprint.This step-by-step guide to living the life you want reveals:* How Tim went from $40,000 dollars per year and 80 hours per week to $40,000 per MONTH and 4 hours per week* How to outsource your life and do whatever you want* How to eliminate 50% of your work in 48 hours * How to trade a long-haul career for short work bursts and frequent 'mini-retirements'This edition also includes:* More than 50 practical tips and case studies from readers (including families) who have doubled their income, overcome common sticking points and reinvented themselves using the original book as a starting point* Real-world templates you can copy for eliminating email and negotiating with bosses and clients* How lifestyle design principles can be used to live ambitiously in unpredictable economic times* The latest tools and tricks, as well as high-tech shortcuts, for living like a diplomat or millionaire without being either.Trade ReviewIt's about time this book was written. It is a long-overdue manifesto for the mobile lifestyle, and Tim Ferriss is the ideal ambassador. This will be huge * Jack Canfield, co-creator Chicken Soup for the Soul *The book that has caught the imagination of overworked America * Sunday Telegraph *This is a whole new ball game. Highly recommended. -- Dr. Stewart D. Friedman, Adviser to Jack Welch and Former Vice President Al Gore on Work/Family Issues, Director of the Work/Life Integration Project, The Wharton School, University of PennsylvaniaStunning and amazing. From mini-retirements to outsourcing your life, it's all here. Whether you're a wage slave or a Fortune 500 CEO, thisbook will change your life! -- Phil Town, #1 New York Times Bestselling Author of "Rule #1The 4-Hour Workweek is a new way of solving a very old problem: just how can we work to live and prevent our lives from being all about work? A world of infinite options awaits those who would read this book and be inspired by it! -- Michael E. Gerber, Founder & Chairman of E-Myth Worldwide and the World's #1 Small Business Guru

Read more less

a huge range and FREE tracked UK delivery on ALL orders.

Read more less

Book SynopsisWho's going to provide for your future? There's a crisis looming in pensions. Investing in property is time-consuming and risky. Savings accounts yield very little return. If you're not careful, you could be looking at a very uncomfortable retirement. But surely the alternative - investing in the stock market - is risky, complicated and best left to the professionals?Phil Town doesn't think so. He made a fortune, and in Rule #1 he'll show you how he did it. Rule #1:- Sets out the five key numbers that really count when you're buying stocks and shares- Explains how to use new Internet tools to simplify research- Shows how to exploit the advantages of being an individual investor- Demonstrates how to pay fifty pence for every pound's worth of business This simple and straightforward method will guide you to 15% or better annual returns - in only 15 minutes a week. It's money in the bank!Trade ReviewRule #1 is probably one of the most inclusive, no-nonsense, fundamental books about investing in the stock market I've ever read. -- Danielle Hughes, president and CEO * Divine Capital Markets LLC *Rule #1's common-sense, pragmatic approach is money in the bank. . . . Can you really beat the mutual fund managers and so-called experts at their own game? Hell yes! -- Jonathan Hoenig, portfolio manager * Capitalistpig Hedge Fund *

Read more less

Book SynopsisThe guide technicians turn to for answers--tuned up to provide an advantage in today's global economy The face of investing has significantly changed in the 30 years since this book's first publication, but one essential component of the markets has not--human behavior. Whether you're trading cornerstone commodities or innovative investment products, observing how investors responded to past events through technical analysis is your key to forecasting when to buy and sell in the future. This fully updated fifth edition shows you how to maximize your profits in today's complex markets by tailoring your application of this powerful tool. Tens of thousands of individual and professional investors have used the guidance in this book to grow their wealth by understanding, interpreting, and forecasting significant moves in both individual stocks and entire markets. This new edition streamlines its time-honored, profit-driven approach, while updating every chapter with new examples, tables, charts, and comments that reflect the real-world situations you encounter in everyday trading. Required reading among many professionals, this authoritative resource now features: Brand-new chapters that analyze and explain secular trends with unique technical indicators that measure investor confidence, as well as an introduction to Pring's new Special K indicator Expanded coverage on the profit-making opportunities ETFs create in international markets, sectors, and commodities Practical advice for avoiding false, contratrend signals that may arise in short-term time spans Additional material on price patterns, candlestick charts, relative strength, momentum, sentiment indicators, and global stock markets Properly reading and balancing the variety of indicators used in technical analysis is an art, and no other book better illustrates the repeatable steps you need to take to master it. When used with patience and discipline, Technical Analysis Explained, Fifth Edition, will make you a better decision maker and increase your chances of greater profits.Table of ContentsPreface ixPart I: Trend-Determining Techniques1. The Definition and Interaction of Trends 32. Financial Markets and the Business Cycle 173. Dow Theory 294. Typical Parameters for Intermediate Trends 415. How to Identify Support and Resistance Zones 556. Trendlines 707. Basic Characteristics of Volume 978. Classic Price Patterns 1159. Smaller Price Patterns and Gaps 16610. One- and Two-Bar Price Patterns 18611. Moving Averages 20912. Envelopes and Bollinger Bands 23313. Momentum I: Basic Principles 24614. Momentum II: Individual Indicators 27915. Momentum III: Individual Indicators 31116. Candlestick Charting 34017. Point and Figure Charting 37318. Miscellaneous Techniques for Determining Trends 38319. The Concept of Relative Strength 40120. Putting the Indicators Together: The DJ Transports 1990–2001 423Part II: Market Structure21. Price: The Major Averages 43122. Price: Sector Rotation 45523. Time: Analyzing Secular Trends for Stocks,Bonds, and Commodities 47124. Time: Cycles and Seasonal Patterns 49925. Practical Identification of Cycles 52526. Volume II: Volume Indicators 53127. Market Breadth 560Part III: Other Aspects of Market Analysis28. Indicators and Relationships That Measure Confidence 59329. The Importance of Sentiment 61030. Integrating Contrary Opinion and Technical Analysis 63531. Why Interest Rates Affect the Stock Market 65332. Using Technical Analysis to Select Individual Stocks 67333. Technical Analysis of International Stock Markets 69434. Automated Trading Systems 71335. Checkpoints for Identifying Primary StockMarket Peaks and Troughs 739Epilogue 753Appendix: The Elliott Wave 755Glossary 761Bibliography 767Index 773

Read more less

Book SynopsisFelix Dennis was imprisoned in 1971 as co-editor of OZ magazine. After his acquittal on appeal, he founded his own magazine publishing company in 1973 and made millions with the sale of Personal Computer World and MacUser in the mid-eighties. Today, Dennis Publishing remains a privately owned company with headquarters in London and New York City. Titles include The Week, Auto Express, Computer Shopper and Maxim. The annual Sunday Times Rich List estimates that Felix Dennis is the 65th richest individual in the UK. Following a life-threatening illness, his first collection of poetry, A Glass Half Full, was published in 2002. Two further collections followed in 2004 and 2006, Lone Wolf and When Jack Sued Jill. His other interests include planting trees and he divides his time between homes in Warwickshire, London, New York, Connecticut and the Caribbean island of Mustique.Trade ReviewCompulsive and highly entertaining * Observer *Wise, fearlessly frank and truly inspirational ... If this book doesn't get you rich, nothing ever will * Mail on Sunday *Lively, authoritative ... full of honest insights. As good a guide to making it in the business as I have ever read * Sunday Telegraph *Absorbing, provocative and huge fun * The Times *Well-founded advice based on hard-won experience * Financial Times *

Read more less

Book SynopsisThe Rich Dad Classics Boxed Set contains three mass market titles from the Rich Dad Poor Dad series in one boxed set.The boxed set includes:Rich Dad Poor Dad - the best-selling personal finance guide for the millions hoping to become masters of their money.The Cash Flow Quadrant - the follow-up to Rich Dad Poor Dad reveals why some people work less and earn more, pay less taxes, and feel more financially secure than others.Rich Dad''s Guide to Investing - the basic rules of investing, including how to reduce investment risk and how to convert earned income into passive and portfolio income.

Read more less

Book SynopsisWhen planning for the future we often ask, "What will the economy be doing this time next year?" Or, "What will be different ten years from now?" But forecasting is hard. The important events that will shape the future are inherently unpredictable. Instead, we should be asking a different question: What will be the same ten years from now? What will be the same one hundred years from now? Knowledge of the things that never change is more useful, and more important, than an uncertain prediction of an unknowable future. In Same As Ever, bestselling author Morgan Housel shares 24 short stories about the ways that life, behaviour, and business will always be the same. Armed with this knowledge of the unchanging, you will have a powerful new ability to think about risk, opportunity, and how to navigate the uncertainty of the future. As you see familiar themes repeat again and again in the years ahead, you'll find yourself nodding and saying, "Yep, same as ever."

Read more less

Book SynopsisAccelerate your journey to financial freedom with the tools, strategies, and mindset of money mastery.Regardless of your stage of life and your current financial picture, the quest for financial freedom can indeed be conquered. The journey will demand the right tools and strategies along with the mindset of money mastery. With decades of collective wisdom and hands-on experience, your guides for this expedition are Peter Mallouk, the only man in history to be ranked the #1 Financial Advisor in the U.S. for three consecutive years by Barron’s (2013, 2014, 2015), and Tony Robbins, the world-renowned life and business strategist. Mallouk and Robbins take the seemingly daunting goal of financial freedom and simplify it into a step-by-step process that anyone can achieve. The pages of this book are filled with real-life success stories and vital lessons, such as… • Why the future is better than you think and why there is no greater time in history to be an investor • How to chart your personally tailored course for financial security • How markets behave and how to achieve peace of mind during volatility • What the financial services industry doesn’t want you to know • How to select a financial advisor that puts your interests first • How to navigate, select, or reject the many types of investments available • Success without fulfillment is the ultimate failure! Financial freedom is not only about money—it’s about feeling deeply fulfilled in your own personal journey “Want an eye-opening guide to money management—one that tells it like it is and will make you laugh along the way? Peter Mallouk’s tour of the financial world is a tour de force that’ll change the way you think about money.” —Jonathan Clements, Former Columnist for The Wall Street Journal “Robbins is the best economic moderator that I’ve ever worked with. His mission to bring insights from the world’s greatest financial minds to the average investor is truly inspiring.” —Alan Greenspan, Former Federal Reserve Chairman “Tony is a force of nature.” —Jack Bogle, Founder of Vanguard

Read more less

Book Synopsis“One of the best books I have read on investing in years. ” —Bill Ackman, founder and CEO, Pershing Square Capital Management From a successful investor and a contributor to Barron’s and Fortune comes a once-in-a-lifetime book that gives modern investors what they need most: a fresh guide to making money in a stock market now dominated by tech stocks.Technological change is reshaping the economy in a way not witnessed since Henry Ford introduced the assembly line. A little more than ten years ago, only two of the ten most valuable publicly traded companies in the world were digital enterprises—today, they comprise eight of the top ten. Investors around the world are struggling to understand the Digital Age and how they can use the stock market to profit from it. Author Adam Seessel understands. Several years ago, he watched his old-school portfolio built using traditional value investing principles decline while the market, driven by “expensive” tech stocks, advanced. Determined to reverse course, he set off in search of a new investment paradigm, one that remained true to the discipline that Ben Graham gave us a century ago while reflecting the new realities of the Digital Age. In this “helpful take on playing the stock market” (Publishers Weekly), Seessel introduces a refreshed value-based framework that any investor, professional or amateur, can use to beat the modern market. Like all sectors, the tech sector follows certain rules. We can study these rules, understand them, and invest accordingly. The world is changing, and we can profit from it. Approaching tech this way, the economy’s current changes and the rapid rise of tech stocks are not reasons to be frightened or disoriented—they’re reasons to be excited. Infused with the same kind of optimism and common sense that inspired Benjamin Graham’s The Intelligent Investor and Peter Lynch’s One Up on Wall Street, Where the Money Is ushers in a new era of modern value investing.Trade Review“One of the best books I have read on investing in years. Buying and reading this book will be one of the best investments you will ever make.” —Bill Ackman, founder and CEO, Pershing Square Capital Management “Seessel makes Graham and Dodd proud. He acknowledges value investing’s evolution to a purer form: focusing on mispriced businesses with high-quality, growing cash flows.” —Lisa Shalett, Chief Investment Officer, Morgan Stanley Wealth Management “Seessel puts his finger on a central tension in today’s economy and stock market: the rapid rise of software-driven businesses and the challenge/opportunity they present to many established industries. Just as importantly, he points the way toward how investors can prosper from the transition.” —Tim Stone, former chief financial officer of Amazon Web Services and Ford Motor Company “Where the Money Is should be required reading for anyone investing in the stock market, or wanting to. It honors and updates the intellectual and practical legacy of Ben Graham and Warren Buffett to account for the dramatic economic changes that continue to unfold in the 21st century.” —Joel Greenblatt, founder and managing principal of Gotham Asset Management and author of You Can Be a Stock Market Genius and The Little Book That Beats the Market “A helpful take on playing the stock market . . . Would-be investors struggling to understand a financial landscape in which FAANG has left GE in the dust will want to check this out.” —Publishers Weekly

Read more less

Book Synopsis"Public companies are everywhere, and they surround you from morning to night... Nearly everything you eat, wear, read, listen to, ride in, lie on, or gargle with is made by one. Perfume to penknives, hot tubs to hot dogs, nuts to nail polish are made by businesses that you can own. " --from the Introduction.Table of ContentsPreface 9 Introduction The Companies Around Us 13 1 A Short History of Capitalism 21 2 The Basics of Investing 92 3 The Lives of a Company 170 4 The Invisible Hands 201 Appendices Index 265

Read more less

Book SynopsisTable of ContentsPreface xiii Acknowledgments xv About the Author xvii Legal Disclosure xix Introduction The Market Wants to Be Your Friend xxi Mistake #1 Market Timing 1 The Idiots 5 Why Is It So Hard to Beat the Market? 6 Efficient Markets 7 The Evidence (Research and Stuff) 8 The Media Get It Wrong, Over and Over Again 8 Economists Get It Wrong, Over and Over Again 9 Investment Managers Get It Wrong, Over and Over Again 14 Newsletters Get It Wrong, Over and Over Again 17 Your Buddy 18 Strategies That Don’t Sound Like Market Timing but Are Market Timing—Oh, and They Don’t Work Either 19 Asset-Class Rotation 19 Tactical Asset Allocation 20 Style Rotation 20 Sector Rotation 20 What Smart Investors Have to Say on Market Timing 20 Knowing All This, Why Would Anyone Market Time? 21 Corrections 22 Bear Markets: An Overview 26 Bear Markets Happen for Different Reasons, but the Outcome Is Always the Same 27 Bear Markets Are Not Predictable 28 When Bear Markets “Turn,” They Make People on the Sidelines Look Silly 30 The Market Is Volatile—Get Used to It 30 You Can’t Wait for Consumers to Feel Good 31 Learning to Accept the Bear Markets 33 Miscalculating the Risk of Market Timing 34 But What If I Am Perfect? 34 Lump-Sum Investing versus Dollar-Cost Averaging 36 Learning to Fly 40 Avoiding Mistake #1—Market Timing 41 Mistake #2 Active Trading 43 The History of Active Trading 44 Active Investment Managers Lose to Indexing 45 Newsletters Lose to Indexing 45 Active Mutual Funds Lose to Indexing 45 Survivor Bias (a.k.a. Mutual Fund Performance Is Even Worse Than the Data Suggests) 47 What About the Winners, Huh? What About the Winners?! 48 Hedge Funds Lose to Indexing 51 Endowments—Misperception of Performance 56 Venture Capital (Sounds Sexy but Usually a Dog) 57 The Taxman Cometh (a.k.a. Dear Goodness, It Gets Worse) 59 Portfolio Activity Hurts Performance 59 But Doesn’t Active Management Work in a Down Market? 60 Why Indexes Win 61 But Indexing Results in Average Returns 62 S&P 500, Here I Come! 62 Avoiding Mistake #2—Active Trading 64 Mistake #3 Misunderstanding Performance and Financial Information 65 Misunderstanding #1—Judging Performance in a Vacuum 65 Misunderstanding #2—Believing the Financial Media Exists to Help You Make Smart Decisions (a.k.a. the Media Is Killing You) 67 Misunderstanding #3—Believing That the Market Cares About Today 71 Misunderstanding #4—Believing an All-Time High Means the Market is Due for a Pullback 74 Misunderstanding #5—Believing Correlation Equals Causation 77 October Is The Worst Month to Invest 77 Sell in May and Go Away 78 Misunderstanding #6—Believing Financial News Is Actionable 79 Misunderstanding #7—Believing Republicans Are Better for the Market Than Democrats 80 Misunderstanding #8—Overestimating the Impact of a Manager 82 Misunderstanding #9—Believing Market Drops Are the Time to Get Defensive 83 Avoiding Mistake #3—Misunderstanding Performance and Financial Information 84 Mistake #4 Letting Yourself Get in the Way 85 Fear, Greed, and Herding 85 The Overconfidence Effect 89 Confirmation Bias 93 Anchoring 95 Loss Aversion 97 Mental Accounting 98 Recency Bias 100 Negativity Bias 103 The Gambler 105 Avoiding Mistake #4—Letting Yourself Get in the Way 106 Mistake #5 Working with the Wrong Advisor 107 Most Advisors Will Do Far More Harm Than Good 108 Advisor Selection Issue #1—Custody 108 Advisor Selection Issue #2—Conflict 113 Test #1—Independent Advisor or Broker? 114 Investment Advisor Defined 114 Broker Defined 114 So What’s the Difference? 115 Test #2—Pure Independent versus Independent and Broker 116 Test #3—Proprietary Funds versus No Proprietary Funds 117 A Final Thought on Conflicts 118 Advisor Selection Issue #3—Competence 119 Competence Check #1—Do the Advisor’s Credentials Meet Your Needs? 120 Competence Check #2—Is the Advisor Right for You? 120 Competence Check #3—Is the Advisor Following a Process That You Agree With? 120 A Final Thought on Advisors—Principles 121 Avoiding Mistake #5—Choosing the Wrong Advisor 122 Mistake #6 No Mistaking 125 Rule #1: Have a Clearly Defined Plan 125 Rule #2: Avoid Asset Classes That Diminish Results 127 Cash—The Illusion of Safety 127 The Illusion of Gold as a Way to Grow Wealth 129 Rule #3: Use Stocks and Bonds as the Core Building Blocks of Your Intelligently Constructed Portfolio 131 Rule #4: Take a Global Approach 138 Rule #5: Use Primarily Index-Based Positions 140 Rule #6: Don’t Blow Out Your Existing Holdings 140 Rule #7: Be Sure You Can Live with Your Allocation 142 Rule #8: Rebalance 143 Rule #9: Revisit the Plan 144 The Ultimate Rule: Don’t Mess It Up! 145 Portfolio Example 146 The “I Want to Beat the Market” Portfolio 146 The “I Need 7 Percent to Hit My Long-Term Retirement Goal” Portfolio 146 The “Get Me What I Need for the Rest of My Life with the Least Volatility Possible” Portfolio 147 The “I Have More Money Than I Will Ever Need and I Want It to Grow with Minimal Volatility” Portfolio 148 The “I Have More Money Than I Will Ever Need, Volatility Doesn’t Bother Me, and I Want It to Grow Along with the Market” Portfolio 148 A Path to Success: Intelligent Portfolio Construction 150 You’re the One 151 Conclusion Let’s Roll!! 153 References 155 Index 163

Read more less

Book SynopsisA practical guide for handling life's financial emergencies for the cash-strapped, the meticulous budgeter, and everyone in between.Trade Review“Packed with insights and examples from Davies’ own life, Financial First Aid should be read from cover to cover. But the inclusion of chapter summaries and checklists also makes it easy to quickly reference helpful tips. This book is as much a first-aid kit in form as it is in content.” —MoneySense

Read more less

Book SynopsisPersonal finance journalist, Michelle McGagh, takes on a challenge to not spend money for a whole year in an engaging narrative that combines personal experience with accessible advice on money.

Read more less

Book Synopsis

Read more less

Book SynopsisIt's time for all women to take control of their financial destiny. Financial expert Cindy Couyoumjian is on a mission to empower women to stop being spectators and enter the fiscal arena; to stand up and assert their inalienable right to financial self-determination. Although today in the US, women are making gains in higher education, hold corporate positions, and are successful leaders, men still control most of the household wealth. Yet women are powerful agents of change with boundless potential in the financial realm, and Cindy shows female readers that by confronting their patriarchal past and becoming financially literate, they can reclaim the power and liberty that were taken away from them. Women can then embrace a future filled with endless possibilities and the affirmation of ""Yes, I can."" Women must find the courage, strength, and inspiration to move forward by understanding the past. Female readers will find Cindy's message a hopeful one, filled with intuitive truths about a brighter tomorrow for women and their financial power and freedom.

Read more less

Book Synopsis

Read more less