Dimensions
135 x 203 x 12mm
In the wake of the greatest financial crisis since the Great Depression, everyone wants to know how to navigate the unfolding new world of personal finance. Retirement accounts have been eviscerated, risk appetites diminished, and questions raised about age-old personal finance strategies such as "buy and hold" and the efficacy of mutual funds. It's clear that the world has changed, so what is an individual to do in terms of setting their personal financial life in the right direction?
In this book, Dave Kansas will outline a new approach to personal finance, incorporating the old ideas that still work and, also, proposing new strategies and tactics that will help investors take advantage of the radically new financial world. To do so, individuals first need to understand the changes that have taken place and that will take place. The entire financial world has gone through terrific tumult and is shaping up to be a very different place than it was in the past. New regulations for finance firms, new laws for credit-card companies, and a different environment for homebuyers all must be taken into account. Secondly, new strategies must be developed. While the financial world is changing rapidly, personal finance advice has remained largely static for several decades.
Covering chapters on debt reduction, diversification, retirement planning, real estate, and trading commodities and other topics, this book will help determine which tenets of an investing strategy remain sound and which deserve a closer examination given the events of the past year. In this way, it will be the ultimate guide to profitably investing your money in a world that has fundamentally changed.
