How a Second Grader Beats Wall Street: Golden Rules Any Investor Can Learn - Couverture rigide

Roth, Allan S.

Couverture rigide

ISBN 10 : 0470375949 ISBN 13 : 9780470375945

Editeur : John Wiley & Sons Ltd, 2009

A propos du livre

Quatrième de couverture :

Praise for How a Second Grader Beats Wall Street

"Meet Kevin Roth: financial savant, successful money manager, and second grader. Kevin, you see, possesses several unfair advantages over the rest of us: he doesn′t read the Wall Street Journal, worry about the economy, or watch James Cramer (well, maybe he does, but only with the sound off). But he solidly understands the principles of investment management. How a Second Grader Beats Wall Street, which can be consumed almost as quickly and enjoyably as the chocolate milk on Kevin′s lunch tray, will let you in on his profitable secrets."
William Bernstein, author of The Four Pillars of Investing

"There has been no time in our financial history when implementing the simple investment plan in this book has been more important."
Dan Solin, author of The Smartest Investment Book You′ll Ever Read and The Smartest 401(k) Book You′ll Ever Read

"The ′Second Grader′s Starter Portfolio′ is one of the eight great ′Lazy Portfolios′ we feature and update on Dow Jones/MarketWatch. Why? Because it′s a winner, regularly beating the S&P 500. It′s perfect for all Americans, young and young–at–heart, who are starting small and want to retire a millionaire someday."
Paul B. Farrell, JD, PhD, author of The Millionaire Meditation

"You can make investing as complicated as you want. Or you can make it simple. The beauty of Kevin Roth′s elegantly reasoned approach is not just that it′s clearer and easier to execute than most investing advice today. It′s also that in the long run, it′s likely to put more money in your pocket."
Eric Schurenberg, former Managing Editor, Money magazine

"One of the greatest gifts any author can bring to their reader is the ability to capture simplicity from complexity and convey the essence in a readable, understandable fashion. Allan Roth does that with his book How a Second Grader Beats Wall Street. His book will help readers realize that fads and fashion are trumped by the steady, less risky returns that come from rational diversification and a disciplined commitment to it. Everything in Roth′s book has special relevance in today′s turbulent and treacherous times."
George G. C. Parker, Dean Witter Distinguished Professor of Finance, Emeritus, Stanford Business School

"Don′t be put off by thinking the title is too cute. The great lessons of life are simple (but, as Warren Buffett advises, not easy). If you follow these important rules, successful investing is ′child′s play′."
Charles D. Ellis, author of Winning the Loser′s Game

Présentation de l'éditeur :

Straightforward strategies from a successful young investor

In How a Second Grader Beats Wall Street, you′ll follow the story of Kevin Roth, an eight–year–old who was schooled in simple approaches to sound investing by his father, seasoned financial planner Allan Roth, and discover exactly how simple it can be to become a successful investor. Page by page, you′ll learn how to create a portfolio with the widest diversification and lowest costs; one that can move up your financial freedom by a decade and dramatically increase your spending rate during retirement. And all this can be accomplished by using some common sense techniques.

Along the way, Kevin and his dad discuss fresh, new approaches to investing, and detail some tried–and–true, but lesser known approaches. They also take the time to debunk the financial myths and legends that many of us accept as true, and show you what it really takes to build long–term wealth with less risk.

• Discusses how to design a portfolio composed of a few basic building blocks that can be "tweaked" to fit your personal needs
• Addresses how you can reengineer your portfolio in order to stop needlessly paying taxes
• Reveals how you can increase returns, regardless of which direction the market goes, by picking the "low–hanging fruit" we all have in our portfolios

With just a little time and a little work, you can become a better investor. With this book as your guide, you′ll discover how a simpler approach to today′s markets can put you on the path to financial independence.

À propos de cette édition

• Éditeur: John Wiley & Sons Ltd
• Date d'édition: 2009
• ISBN 10: 0470375949
• ISBN 13: 9780470375945
• Reliure: Relié
• Nombre de pages: 288