Description
Book SynopsisToday's investor faces a much larger challenge than those of just ten years ago. The size and complexities of the financial marketplace create confusion. The Dow Jones industrial average has doubled in the past two and a half years, and 10,000 on the Dow is no longer a fantasy. Money keeps flooding into the market. The New York Stock Exchange daily trading volume is four times that of 1990.
Financial Success in the Year 2000 and Beyond covers financial planning and asset management, the fastest growing segments of the financial services industry. In the old days, highly commissioned salesmen would simply tell their clients what products to buy. Today, there are infinitely more choices and investments options to sort through and be concerned about.
Technology has put complex investing tools into the hands of ordinary people, without good advice on how to use them. Never have so many people experienced so much control over their financial futures, yet felt a need for so much help. Applying lessons learned from past mistakes is hard and discouraging. Most people become investors without the wisdom of experience, getting the tests without first getting the lessons.
Financial Success in the Year 2000 and Beyond explores virtually every aspect of financial planning and dispels many of the myths and mysteries surrounding investing and investments.
The Experts include: Dennis R. Fletcher, CLU, ChFC, Oshkosh, WI , Joseph D. Longo, CLU, CFP, LUTCF, LIC, Troy, MI, Tom Nohr, CFP, RFC, Castro Valley, CA, Floyd L. Shilanski, Anchorage, AK, Robert Lyndon Taylor, LUTCF, Oklahoma City, OK, Michael P. Eischen, Columbus, OH, Lance A. Pelky, San Diego, CA, David W. Shepherd, RHU, ChFC , Tucson, AZ, Terry A. Vrieze, Des Moines, Iowa, Larry Rosenthal, RFC, LUTCF, Manassas, VA, William J. (Bill) Nelson, RFC, Cayton, OH, David S. White, Durham, NC, Mark Young, St Lewis, MO
Table of ContentsIntroductionMyth Versus RealityWhat Worked for Your Parents Does Not Work TodayThe Investment MythAccumulation StrategiesGive Yourself a Raise - The Ins and Outs of InvestingManaging Expectations and EmotionsAsset AllocationTaxable InvestingHow Do You Climb Out From Behind the Eight BallBasic Financial Blunders to AvoidInvesting Tax-DeferredAnnuitiesIs Your Retirement Plan an IRA for the IRS?Tax-Free IncomeThe Mortgage MythThe Final InsultEstate Planning - How to Keep the IRS From Being Your Biggest BeneficiaryCharitable GivingProtecting Your AssetsProtecting Your AssetsHow to Select an AdvisorTeach Your Children to Manage MoneyPutting it All TogetherAppendixesA. Understanding How Mutual Funds WorkB. Understanding StocksC. Understanding BondsD. Understanding AnnuitiesE. How to Read a ProspectusF. Retirement PlansG. Social SecurityGlossary
