The Money Compass: Where Your Money Went and How to Get It Back

Mark Grimaldi; Stevenson G. Smith

ISBN 10: 1118614453 / ISBN 13: 9781118614457

Published by Wiley, 2014

About this Item

Pages are clean and are not marred by notes or folds of any kind. ~ ThriftBooks: Read More, Spend Less.

Seller Inventory # G1118614453I2N00

Bibliographic Details

• Title: The Money Compass: Where Your Money Went and How to Get It Back
• Publisher: Wiley
• Publication Date: 2014
• Language: English
• ISBN 10: 1118614453
• ISBN 13: 9781118614457
• Binding: Hardcover
• Condition: As New
• Dust Jacket Condition: No Jacket
• Weight: 1.04 pounds

About this title

Synopsis

Between the ongoing recession, the collapse of the housing market, and the crumbling of the middle class, many Americans are left wondering what happened to the American Dream. They’re also wondering what happened to their money. For millions of people, just making ends meet is challenging enough. So when it comes to saving and investing, it seems like the deck is stacked against you.

The bad news is that you’re right. If the economy were a card game, the dealer would hold all the aces. But the good news is that you don’t have to play by the house rules. Renowned for his unvarnished insight on finance and investing, money manager Mark Grimaldi has a reputation for telling it like it is. He doesn’t sugarcoat the negative and he doesn’t have time for the financial industry hype that leads to bad investing decisions. Here’s the truth: the economy is in bad shape, but that doesn’t mean you can’t save responsibly, invest profitably, and retire comfortably.

In The Money Compass, Grimaldi teams up with accounting professor G. Stevenson Smith to offer a wealth of smart investing advice for today’s investor. This plain-English guide to good investing presents practical strategies and actionable advice for safely navigating today’s financial markets. It shows you how to manage credit and debt responsibly, how to use the tax code to your advantage, which kinds of trendy investing advice you should ignore, and where to put your money for solid returns.

In addition, the authors explore the hard macroeconomic realities that explain how we got here and where we’re going next. They look at the primary causes and consequences of the recession, the housing crash, the slow collapse of government programs, long-term unemployment, and how it all impacts you and your money. Plus, Grimaldi and Stevenson forecast the next big economic shock and show you how to profit from it. 

The economic game is rigged to keep you poor and keep Wall Street rich. So it’s time to write your own rules. Whether you’re white collar, blue collar, or somewhere in between, The Money Compass gives you the commonsense guidance you need to chart a course to a comfortable financial future—even in the roughest economic waters.

About the Author

Mark Anthony Grimaldi is a Certified Fund Specialist, co-founder of Grimaldi Portfolio Solutions, Inc.,  In 2009, he launched The Sector Rotation Fund (NAVFX), a pure no-load mutual fund. As of June 30, 2019 NAVFX is rated 5 stars for 5 years by Morningstar.  Mark serves as Vice President of The Prestige Organization, Inc. Mark correctly forecasted the housing depression, the gold rush, 10% national unemployment and in January 2010 said "In 2010 the DJIA will have it's first 1000 point down day ever"!
G. Stevenson Smith, PhD, CPA, CMA, is the John Massey Endowed Professor of Accounting at the John Massey School of Business at Southeastern Oklahoma State University. He formerly worked for the Securities and Exchange Commission in Washington, D.C., as a financial analyst. Dr. Smith is the author of three books on nonprofit financial management, including Cost Control for Nonprofits in Crisis.