Why Smart People Lose A Fortune
Author
Link
Cost
Paid
Published
2004
Updated
2010
Full Name
Why Smart People Lose A Fortune: 5 Steps to Restoring Your Wealth and Sanity
Why Smart People Lose A Fortune shows readers how strategies of buy and hold and asset allocation are hoaxes crafted to help brokers and mutual funds, not investors, make money. You need only examine the bear market of 2000-2002 to understand how expensive these ideas really are. This book gives you an alternative. You see how to take the market's temperature using tried and true methods, and by book's end, you will be able to use these tools with exchange-traded funds and mutual funds, as well as stocks.
- Determine what strategies and specific investments best fit your drive
- Base your decisions on how the market really works instead of how the media portrays it and financial professionals sell it
- Generate income with a portfolio that balances your goals and the inherent risks of investing
- Develop your market sensitivity and stop listening to the misleading mantras of buy and hold