Description
How to Take the Curves in Shifting Financial Markets and Keep Your Portfolio on Track
The investing environment has changed dramatically in the last ten years: from taken-for-granted double-digit annual returns in stocks to double-digit losses and gains that are not even half of what they used to be. This situation has affected everyone, from those making their first foray into investing to retirees searching for ways to get their financial portfolios back in order. Although it seems the world of investing will constantly be in a state of flux, you don't have to be!
You're about to discover how to get better returns so you can build a bigger nest egg and make your savings last longer. Written by successful economist Paul McCulley and respected journalist Jonathan Fuerbringer, Your Financial Edge helps you arrive at the financially profitable place you deserve to be, regardless of your current financial circumstances. Direct, informed, yet not intimidating in style, this smart book carefully examines today's tumultuous financial markets and helps everyday investors come to grips with the complexities of a global investment arena-so that they can prepare for what is likely to occur in the future.
This insightful book will help you navigate the difficult curves and the easier straightaways of investing-all of which are a part of today's financial landscape. Filled with practical advice, Your Financial Edge provides you with tips on:
โข How low your current risk level probably is, and intelligent ways to raise it
โข The ins and outs of diversifying your portfolio-an essential part of managing risks
โข What can go wrong in the current investing environment and how to anticipate these events
โข Figuring out what Federal Reserve policy- makers are doing as they are doing it- the authors' favorite leading indicator of Fed policy is also revealed
โข Which markets you should take more risk in, such as emerging markets
Maybe you have to do without the safety net of the pension that was promised to you or perhaps you're just beginning to take a serious look at your portfolio. No matter where you currently are, Your Financial Edge is filled with the advice you need to profit during these rapidly shifting economic times and is one of the most important books you will read on achieving your financial goals.
