Guides readers in tailoring investments to their income level and personal goals and helps them to build a safety net of financial protection while allowing individuals to decide how much risk to take
"synopsis" may belong to another edition of this title.
Young recommends an investment strategy that is intended to steel the individual against vicissitudes in the financial markets, thus assuring economic survival. His method involves timing the purchase of various assetsTreasury obligations, precious metals, no-load mutual funds, and common stocksin such a way as to coincide with turns in the business cycle. The success of this strategy clearly rests with the accuracy of the timing method and Young is not shy in proclaiming the superiority of his own timing system. There is little new here and whether he likens his strategy to an armadillo or a caterpillar, it has only as good a chance of becoming a butterfly as any number of other market strategies. For general collections. Joseph Barth, U.S. Military Academy Lib., West Point, N.Y.
Copyright 1987 Reed Business Information, Inc.
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