Stock market roller-coaster. Inflation. Economic uncertainty. Global financial pressure. If you are retired, nearing retirement, or even if retirement is years in the future, a major concern is how to protect your hard-earned savings from these major influences on your money and lifestyle. Shielding investments from these is a critical part of building wealth and making it last. Between 1970 and today, there have been 7 economic recessions in the U.S., occurring every 6 years on average, with the last recession in 2008-the great financial crisis. It has been 10 years since the last recession, soon to be the longest such period on record going back to the 1860's.
In their new book, Transformational Investing, co-authors Tom Halvorson and Richard Coe tackle this question head-on with unexpected candor and real-world wisdom, while exposing investment industry issues. Imagine treating a serious medical issue with 1960's thinking and equipment. And yet, that is standard practice today in the investment advice industry. Outdated strategies have left investors seriously exposed to unnecessary risk. Halvorson and Coe show that the core philosophy and standard of practice within today's investment advice industry have remained unchanged for more than fifty years, still based on theories developed in the 1950's and 1960's. In Transformational Investing, readers will discover: How the traditional investment approach became outdated; Why the industry is unwilling to admit it . . . or change; How you can benefit during roller-coaster markets.
If you want a better result with your hard-earned money, you must do something different. You must change your thinking and change your approach.
Rezensionen / Stimmen
Your Money (And Your Future) May Be At Serious Risk Using Yesterday's Outdated Approach to Investing.
When you face a serious medical issue, do you want a physician who has not changed their thinking, equipment or treatment practices since the 1960's?The philosophy and standard of practice within today's investment industry have remained unchanged for more than fifty years, still based on theories developed in the 1950's and 1960's. Theories which have left investors seriously exposed to unnecessary risk.
If you are following the traditional approach and your money is in harm's way, another market meltdown could wreak havoc on your dreams for the future.This is not an ivory-tower, theoretical issue. It's about you. Your money. Your lifestyle. And it's about your legacy.
If you want a better result with your hard-earned money, you must do something different. You must change your thinking and change your approach.
There is an answer: Transformational Investing.
Sprache
Verlagsort
Produkt-Hinweis
Maße
Höhe: 229 mm
Breite: 157 mm
Dicke: 15 mm
Gewicht
ISBN-13
978-1-59932-911-6 (9781599329116)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
TOM HALVORSON, MBA, CPA, CFP (R) is co-founder and chief development officer of Freestate Advisors, an SEC registered investment advisory firm. Twenty years ago, after spending the first half of his career in management consulting and business leadership, he turned his primary attention to personal investing. Along with his business partner, Tom began evaluating the opportunities for improving the standard approach advocated by the investment advice industry, an approach largely unchanged since the 1960s. Their research was so successful it led them to create the SmartRisk Investment Process (TM) and make their strategies available to individual and institutional investors. J. RICHARD COE, MBA, CFP (R), CLU is a nationally-recognized financial educator, author, speaker, and retirement planner, whom you may have seen on or referenced in NBC, ABC, CBS, and FOX network affiliates, and in Bloomberg Business, Investing Daily, Wall Street Select, Market Watch, The Wichita Eagle, and others. Coe is the co-author of Retire Abundantly and has been interviewed by ABC TV's "Secret Millionaire" James Malinchak and by "Shark Tank" original shark, Kevin Harrintgon. Richard is also the founder and CEO of Coe Financial Services, Inc.
ABOUT THE AUTHORS ACKNOWLEDGMENTS INTRODUCTION The Innovator's Dilemma Change Your Thinking, Change Your Outcome Something Is Missing The Rocky Road Ahead Thinking About Thinking Rethinking the Standard Model Implementing Active Risk Management CONCLUSION