Fail-Safe Investing Lifelong Financial Security in 30 Minutes

by Browne, Harry

• ISBN13: 9780312263218
• ISBN10: 031226321X
• Edition: Reprint
• Format: Paperback
• Copyright: 2001-01-10
• Publisher: St. Martin's Griffin

Summary

Do you worry that you're not paying enough attention to your investments? Do you feel left out when you hear about the clever things other investors seem to be doing? Relax. You don't have to become an investment genius to protect your savings. Distilling the wisdom of his thirty years' experience into lessons that can be applied in thirty minutes, Harry Browne shows you what you need to know to make your savings and investments safe and profitable, no matter what the economy and the investment markets do. There are no secret trading systems here, no jargon to learn. Instead, Harry Browne teaches you in simple terms to, among other things:-Build your wealth on your career-Make your own decisions-Build a bulletproof portfolio for protection-Take advantage of tax-reduction plans-Enjoy yourself with a budge for pleasure

Author Biography

Harry Browne is one of America's best-known investment advisors, the author of eight investment books, a radio personality, and the 2000 Libertarian candidate for president. He lives in Tennessee.

Table of Contents

Prologue: Keep It Safe and Simple	1	(7)
Part I: The 17 Simple Rules of Financial Safety
Build Your Wealth upon Your Career	7	(5)
Don't Assume You Can Replace Your Wealth	12	(2)
Recognize the Difference between Investing and Speculating	14	(2)
Beware of Fortune-Tellers	16	(3)
Don't Expect Anyone to Make You Rich	19	(5)
Don't Expect a Trading System to Make You Rich	24	(6)
Invest Only on a Cash Basis	30	(3)
Make Your Own Decisions	33	(2)
Do Only What You Understand	35	(1)
Spread the Risk	36	(2)
Build a Bulletproof Portfolio for Protection	38	(12)
Speculate Only with Money You Can Afford to Lose	50	(3)
Keep Some Assets Outside Your Own Country	53	(3)
Take Advantage of Tax-Reduction Plans	56	(6)
Ask the Right Questions	62	(6)
Enjoy Yourself with a Budget for Pleasure	68	(1)
Whenever You're in Doubt, Err on the Side of Safety	69	(4)
Part II: More about the Rules
More about Your Career and Your Wealth	73	(5)
More about Protecting Your Wealth	78	(2)
More about Investing and Speculating	80	(2)
More about Fortune-Tellers and Forecasts	82	(7)
More about Relying on an Investment Expert	89	(4)
More about Trading Systems	93	(5)
More about Investing on a Cash Basis	98	(2)
More about Making Your Own Decisions	100	(4)
More about Understanding What You Do	104	(1)
More about Spreading the Risk	105	(2)
More about the Bulletproof Portfolio	107	(12)
More about Speculating	119	(6)
More about Keeping Some Assets Overseas	125	(4)
More about Tax-Reduction Plans	129	(6)
More about Asking the Right Questions	135	(5)
More about the Pleasure Budget	140	(1)
More about Erring on the Side of Safety	141	(3)
Epilogue: Getting On with Your Life	144	(24)
Appendices
A. Acknowledgments	153	(2)
B. Where to Get Help	155	(13)
C. The Author	168	(1)
Index