A securities arbitration attorney presents an easy-to-follow plan for personal financial success that emphasizes the use of trusted, brand-name fund managers and shows investors how to create and monitor their own portfolios, how to assess risk and allocate assets to maximize rerturns, and how to avoid common investment mistakes. 100,000 first printing.
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Dan Solin, an Investment Advisor Representative and nationally known advocate for investors, is the author of The Smartest Retirement Book You’ll Ever Read, Does Your Broker Owe You Money?, and the New York Times bestsellers The Smartest Investment Book You’ll Ever Readand The Smartest 401(k) Book You’ll Ever Read. His award-winning books have been widely praised by The New York Times, The Wall Street Journal, The Library Journal, and many financial writers, leading economists, and others.
Solin is a financial columnist for AOL. His advice appears frequently on its Welcome Screen where it is viewed by millions of readers. He is also one of the most popular financial bloggers on The Huffington Post. A frequent guest on national television and radio shows, Solin has addressed professional organizations of accountants, advisors and financial planners and has testified before Congress on investor issues.
The author's single point is that only fools believe they can time the market or consistently predict which stocks will perform well. Experts who do are just lucky and are usually expert only at selling their services (as they hyperactively trade your portfolio to maximize fees). When you invest in index funds containing domestic and international stocks or bonds, your fees are low or nonexistent, your risk is low, and the historical earnings are far from shabby. Solin's message is helped immensely by the businesslike, easy-to-hear narration of Craig Wollman, Though Solin recognizes the skill of stock-picking geniuses like Peter Lynch and Warren Buffett, his argument is that most individual investing experts are not that smart and are not to be trusted if they say they are. T.W. © AudioFile 2007, Portland, Maine-- Copyright © AudioFile, Portland, Maine
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