This book won't waste your time. It explains the fundamentals
leading to investment success while avoiding the all-too-common
"dumbed-down" information that just tells readers what they already
know. Sophisticated concepts like "marked-to-market" and "the
snapback phenomenon" and "Modern Portfolio Theory" are some of the
book's themes that can lead to confidence and success as investors.
For retirees, the book's purpose is to provide a do-it-yourself
course of action allowing for an "end-run" around the financial
services industry with the latter's excessive costs --- costs that
eat up what could otherwise have been more retirement income.
Knowing how to effectively self-manage assets and implement a mix
of cost-effective investments is a critical skill for retirees.
Understanding and applying some simple basics will deliver the most
on-going income while still combating the disasterous effects of
inflation.
General
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