Paul McCulley is the man to heed. His knowledge of financial markets runs deep, and his experience has been the best. Beyond all his financial and economic wisdom, he is a human being with inborn instincts of kindness and thoughtfulness-attributes that bring to the reader something richer than just hard facts and sage advice. Jonathan Fuerbringer is the perfect partner for this project, a master of lucidity and a longtime observer of the best and the worst habits of investors.
This book provides analytical tools and actionable advice that can greatly improve your ability to navigate today's complex financial environment. Learn from a master (and maybe even future Federal Reserve Board member) and become a better investor.
There's a reason Paul McCulley is a favorite among financial pros and journalists all over the world. He anticipates investment trends before they happen and helps both professional and amateur investors stay ahead of the curve. This is a must-read book for anyone who wants to build and protect their portfolio in the risky decades ahead.
Paul McCulley's insightful observations on the economy and financial markets are key inputs to our investment thinking. This book provides analytical tools and actionable advice that can greatly improve your ability to navigate today's complex financial environment. Learn from a master (and maybe even future Federal Reserve Board member) and become a better investor.
In this highly readable book, McCulley and Fuerbringer provide valuable insights, including how the world of policy making impacts investment decisions. Their entertaining and thoughtful analysis is accompanied by a series of penetrating real-life examples that demonstrate the choices facing investors as they seek to maximize returns and minimize risk. With its wisdom and unique perspective, this book will be of interest to both institutional investors and policymakers.
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:
*How low your current risk level probably is, and intelligent ways to raise it
*The ins and outs of diversifying your portfolio—an essential part of managing risks
*What can go wrong in the current investing environment and how to anticipate these events
*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
*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.
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