Today's financial landscape and what Wall Street doesn't want you to know Rigged Money is based on one simple truth: Wall Street needs money from Main Street, not the other way around. The financial industry has convinced the generalpublic that investing across different asset classes is the only way to protect wealth, but this is an outdated rule that no longer applies.Since asset classes--small caps, large caps, international investments, gold, and bonds--now overlap when it comes to risk and volatility parameters, the diversification effect is gone. That's exactly what Wall Street doesn't want you to know--that the rules of the game have changed. Risk Isn't Constant: Pie charts lie when it comes to accurately describing the risk of stocks and bonds Dividends Are NoSilver Bullet: They are designed to entice investors rather than to increase a company's value or your net worth Buy and Hold is Dead: The financial world (and all the companies and securities in it) moves too quickly and is changingtoo often for this theory to hold true today Gold Is Not an Investment: Gold is today's currency of fear, and this fear is driven by escalating government debt An unflinching look at this new financial world, Lee Munson's Rigged Money arms today's investors with the simple, smart, and clear advice needed to level the playing field. INDICE: Preface Part I Old Schoolof Thought Chapter 1 Buy and Hope: The Scam? Blame the Dutch! All the Wrong Moves? Time Is Not on Your Side My Dinner with Burton Chapter 2 Lie of the Pie Today's Outrage: Pie Town The Original PieCrust Breaking Eggs, Then the Entire Kitchen So, What Is Next? Risk Budgeting! Part II Wall Street: The Set Up Chapter 3 Mayday How the SEC Let the Dogs InMayday, We Have Soft Dollars! Soft Dollars Death of the Stock Brokers Short History of Advice Avoiding Fleas Chapter 4 Research by the Pound Research by the Pound The Report Trail Chapter 5 401(k): Gun to Your Head How We Became Traders The Mutual Fund Supermarket is Born No Stockbroker Is an Island Chapter 6 Liquid Casino Liquidity Is God Why Dark Is In When the Lights Go Out Part III Surviving the Rigged Game Chapter 7 How Wall Street Sees You Is That Really What You Want? Taking a Strong Opinion Too Far? Cramer Is Driving Me Crazy How aSo-Called Pro Fools Himself Other Distorted Images Chapter 8 ETFs: Fact or Fiction? Selling the Sizzle Getting Down To Earth The Audit Part I: Sectors The Audit Part II: Grain Wars The Audit Part III: Junk is Garbage The Final Audit:We Have A Winner! The Virus Goes Airborne Chapter 9 Gold Is Money Historical Use of Gold Gold Is Standardized Control versus Live Free or Die Brave New Non-Pegged World Chapter 10 Options: Really? Do You Want Them? Practical Strategies Chapter 11 Dividends: A Conundrum! The Pitch The Early Days Growth Breaks Out Whats Next? Chapter 12 The New Scam How Did We Get Here? History Repeats Itself Further Down the Rabbit Hole Credit Unions Corporate Credit Union Afterword Notes About the Author Index
- ISBN: 978-1-118-09968-1
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 240
- Fecha Publicación: 16/11/2011
- Nº Volúmenes: 1
- Idioma: Inglés