Never buy another stock again : the investing portfolio that will preserve your wealth and your sanity
Want to build long-term, sustainable wealth? Then stay out of the stock market! That’s radically different advice from what the "experts" have served up for decades… but look at the miserable results those pundits have delivered! Investors who’ve chosen equity-based buy-and-hold approaches...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
[Place of publication not identified]
FT Press
2010
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| Edición: | 1st edition |
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| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009629233906719 |
| Sumario: | Want to build long-term, sustainable wealth? Then stay out of the stock market! That’s radically different advice from what the "experts" have served up for decades… but look at the miserable results those pundits have delivered! Investors who’ve chosen equity-based buy-and-hold approaches have seen their assets decline dramatically: not just for a year, but often for decades. Fortunately, there are better ways to invest — and Never Buy Another Stock Again reveals them. Renowned Reuters financial journalist David Gaffen first explains why stocks are an even worse short- and long-term investment than you realize. Next, he shows how to create a balanced portfolio that reflects a "big-picture," holistic approach, intelligently incorporating cash, real estate, retirement funds, savings, and other holdings. Gaffen’s strategies rely primarily on investments outside the stock market, while identifying strictly limited roles for mutual funds and ETFs. Readers will learn how to: dramatically reduce investing costs that can kill your returns; invest in an environment where double-digit returns can never be expected; overcome huge flaws in conventional diversification strategies; and offset risks associated with existing equity ownership. |
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| Notas: | Bibliographic Level Mode of Issuance: Monograph |
| Descripción Física: | 1 online resource (xi, 241 p.) : ill |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9781282768017 9786612768019 9780132564113 |
