Independently Wealthy: How to Build Financial Security in the New Economic Era - Couverture souple

Goodman, Robert

Couverture souple

ISBN 10 : 0471192449 ISBN 13 : 9780471192442

Editeur : John Wiley & Sons Inc, 1997

Synopsis

Many leading investment professionals believe that the strategies and methods used to build wealth will not work in the coming decades as the socio-economic and political climate of the US specifically and the global economy in general has changes drastically. Traditional wealth-building techniques, such as real estate and standard stock and bond investments may not work now effectively for retirement and tax-reduction purposes. Cutting edge investment planners are now concentrating on new strategies that individual investors can implement in preparation for the coming economic and political changes. This book sets out to explain how the economy and political landscape is changing and how these changes may affect individuals saving for retirement, college tuition, and those investing to reduce tax exposure.

A propos du livre

Présentation de l'éditeur

Forget all about the methods your parents used to gain financial security. They don′t work anymore. Now the senior economic advisor of Putnam Investments reveals the new road to prosperity.

Millions of baby boomers are facing the music. What worked for their parents is not going to work for them. The old investment vehicles from real estate to stocks and bonds no longer bear the promise they once did. This coupled with changes in the political and economic landscape and the almost certain disappearance of Social Security, Medicare, and other classic entitlements before most reach retirement age add up to a generation that has been numbed with statistics about how much they lag behind their predecessors.

But thanks to this book and the inside information of Robert Goodman, managing director of the prestigious and wildly profitable Putnam Fund, that doesn′t need to be the case. It is still possible to expand wealth, no matter what the size of your nest egg.

Whether your financial goal is a new home, junior′s education, or simply a comfortable retirement, Independently Wealthy provides you with a road map for navigating the new economic landscape and achieving financial security in the years ahead. Bob Goodman clearly describes how the political, economic, and financial worlds interact and teaches you how to recognize emerging trends and take advantage of them.

He gives you a solid grounding in the basics of wealth building and reveals which invesment vehicles are most likely to provide the greatest returns in the coming years. Goodman also shows you how to avoid the mistakes most savers and investors make, and perhaps most importantly, provides an easy–to–follow, 10–step program for building a financial plan that works for you. Independently Wealthy draws on a vast pool of investment experience and resources. The Putnam Fund:

• Manages more than 4 million shareholder accounts and more than 527 institutional portfolios for clients worldwide
• Currently has more than $101 billion in assets under management
• Trades $200 million worth of stock in approximately 150 countries

ROBERT GOODMAN, PhD (Boston, Massachusetts) is Managing Director and Senior Economic Advisor at Putnam Investments. He regularly appears on CNN and CNBC.

This practical and easy–to–understand guide to today′s investment terrain provides ten basic rules for anyone who want to start saving for the future in hope of securing their financial independence.

"A terrific first step to financial prosperity." Bill Griffeth, CNBC–TV Anchor.

Quatrième de couverture

Praise for

"Are you looking for a way to take charge of your financial future? Read Bob Goodman′s Independently Wealthy. It is a terrific first step to financial prosperity." Bill Griffeth, anchor, CNBC–TV.

"A fascinating look at the events and trends influencing today′s economy, coupled with pragmatic ideas on creating a solid investment portfolio." Ginger Applegarth, author of The Money Diet: Reaping the Rewards of Financial Fitness

"Written in a forthright and accessible manner, Independently Wealthy places current economic events into perspective. It is must reading for anyone who aspires to financial independence in the new economic landscape." Arthur Laffer, President, A. B. Laffer, V. A. Canto & Associates

"A well–reasoned, commonsense approach to achieving financial independence in the new economic landscape." John Bachmann, Managing Partner, Edward Jones.

"Dr. Goodman′s overview of the economy is concise without being simplistic, erudite without being intimidating. His grasp of finance will help you plan effectively for your personal financial security." Robert Metz, editor Money Talks, a financial news magazine on the Internet.

"Bob Goodman′s message about retirement: Uncle Sam is about to take the ax to Social Security and Medicare, but he′s providing plenty of help for workers who are willing to invest for their own financially secure retirement. Goodman shows that you have to deal effectively with this new reality." Todd Robinson, Chairman and CEO, LPL Financial Services.

Détails de l'édition

• Éditeur: John Wiley & Sons Inc
• Date d'édition: 1997
• Langue: anglais
• ISBN 10: 0471192449
• ISBN 13: 9780471192442
• Reliure: Broché
• Nombre de pages: 240
• Coordonnées du fabricant: JOSSEY-BASS; https://www.wiley.com/en-us; ; 111 River Street; Hoboken; NJ; 7030; Etats-Unis
• Personne responsable: non disponible