The Little Book of Bulletproof Investing: Do's and Don'ts to Protect Your Financial Life - Hardcover

Stein, Ben; DeMuth, Phil

Hardcover

ISBN 10: 0470568054 ISBN 13: 9780470568057

Publisher: Wiley, 2010

Synopsis

Rare Book

About this title

Review:

Investing do's and don'ts from some of the most recognizable voices in personal finance

It's been a tough year for investors. Many have seen their retirement accounts dwindle dramatically and are looking for a safe way to protect what they have and make back some of what they've lost. That's why the bestselling author team of Ben Stein and Phil DeMuth have created The Little Book of Bulletproof Investing.

When you invest, there are essential things you should do and many things you shouldn't. The Little Book of Bulletproof Investing addresses this issue and shows you how to utilize the fundamentals of finance to achieve success in today's market. This practical guide contains proven advice on navigating today's treacherous financial landscape and will put you in a better position to make more informed investment decisions.

• Includes street-smart advice for the individual investor uncertain about their investment and retirement portfolios
• Written by a experienced team of bestselling authors whose investment advice is accessible to everyone
• Outlines the steps you must take to protect yourself from the financial calamities of modern life

The Little Book of Bulletproof Investing offers quick, easy-to-follow, and entertaining advice for anyone looking to get back on the right investment track.

Do’s & Don’ts to Protect Your Financial Life

· DON’T assume that just because you are capable of managing your finances by yourself you will be better off in the long run if you do.

· DO trade as infrequently as possible.

· DON’T give any weight to market forecasts. All opinion pro and con is already built into the price of equities today.

· DO buy and hold; don’t buy and sell.

· DON’T assume that because you own a bunch of different-sounding mutual funds your investments are diversified.

· DO diversify globally with your stock and bond holdings.

· DON’T buy into a red-hot real estate market.

· DO park assets where they will suffer the least at the hands of the taxman.

· DON’T take Social Security as soon as you are eligible. It often pays to delay.

· DO postpone retirement as long as possible. The safest time to retire is never.

From the Back Cover:

Praise for THE LITTLE BOOK OF BULLETPROOF INVESTING

"There's a wealth of common sense contained in this new entry into Wiley's popular Little Book series. It gets the essentials of successful investing right, and the authors' 'Tangent' portfolios present an interesting appraisal of historic returns. While I'm not at all sure that they (or anything else) are 'bulletproof,' enjoy the interesting and zippy read, and draw your own conclusions."
―John C. Bogle, founder and former chief, The Vanguard Group

"Ben and Phil have pulled off a seemingly impossible feat: a concise, comprehensive financial guide that goes down like chocolate mousse. Many readers will laugh, some will cry, few will be able to put it down, and all will be better off for the experience, both financially and personally."
―William Bernstein, investment advisor and author of The Investor's Manifesto and A Splendid Exchange

"Most investing books tell you all the tricks to get rich. They lie. Ben and Phil tell you there aren't any tricks, just some common sense that somehow eludes most people. They tell you not to let your own behavioral biases kill you. To stay diversified. To make small tilts in the direction of assets that other people's biases make them shun. And many more. Mostly, and this one is my piece of common sense, don't waste your money on tons of investing books, but buy this one."
―Clifford Asness, Managing and Founding Principal, AQR Capital Management

"Ben and Phil have written a bunch of investment books, and I've read them all, but this one is their shortest AND their best. Stein and DeMuth have indeed found the Holy Grail of Investing. The chart on page 79 proves it. I salute them."
―Mark Skousen, Editor, Forecasts & Strategies

About this edition

• Publisher: Wiley
• Publication date: 2010
• ISBN 10: 0470568054
• ISBN 13: 9780470568057
• Binding: Hardcover
• Edition number: 1
• Number of pages: 224