The Smartest Investment Book You'll Ever Read The Proven Way to Beat the "Pros" and Take Control of Your Financial Future

by Solin, Daniel R.

• ISBN13: 9780399535994
• ISBN10: 0399535993
• Format: Paperback
• Copyright: 2009-12-23
• Publisher: Perigee Trade

Summary

Daniel Solin cuts through the financial hype to show you exactly how to invest-with an easy-to-follow four-step plan that lets you create and monitor your investment portfolio in ninety minutes or less...and put your investment earnings in the top 5 percent of all professionally managed money.

Author Biography

Daniel R. Solin is the internationally bestselling author of The Smartest Retirement Book You'll Ever Read and The Smartest 401(k) Book You'll Ever Read. An Investment Advisor Representative and well-known advocate for investors, he is a financial columnist for AOL and the Huffington Post. Visit his website at www.smartestinvestmentbook.com.

Table of Contents

A Simple Plan That Works in Good Times and Bad	p. ix
Become A Smart Investor: Change Your Investment Life Forever
An Unbelievable Chimp Story	p. 3
An Unbelievable True Story	p. 5
Smart Investing Takes Less Time than Bruch	p. 9
Drop Me to the Bottom Line!	p. 11
Smart Investing Simple Makes Sense	p. 15
Your Broker or Advisor is Keeping You From Being A Smart Investor
Brokers Make Money When They Are Hyperactive	p. 21
A Loser's Game	p. 24
Why Investors Pursue Hyperactive Investing	p. 27
The "Activity" Myth	p. 31
What's Wrong with Hyperactive Investing?	p. 33
Brokers Aren't on Your Side	p. 35
Hyperactive Brokers, Underachieving Students	p. 37
What Do You Think of These Odds?	p. 39
Nobody Can Time the Market	p. 42
Nobody Can Consistently Beat the Market	p. 45
Nobody Can Pick "Hot" Fund Managers	p. 48
Why Recommend This Mutual Fund?	p. 50
Hyperactive Investing Is Expensive	p. 53
If It Walks Like a Duck and Quacks Like a Duck	p. 56
Brokers Understand Fees But Not Risk	p. 58
Too Many Stocks, Too Few Bonds	p. 60
Risk and Reward	p. 63
Beware of B and C Shares!	p. 66
Beware of House Funds!	p. 69
Beware of Margin!	p. 71
Beware of Hedge Funds!	p. 73
Value Stocks-Reward Without Risk?	p. 76
Why Hasn't Anyone Told You?	p. 79
The Financial Media Is Part of the Problem	p. 82
"Financial Pornography"	p. 85
Surprise-Your Broker Does Not Have to Act in Your Best Interest	p. 88
Another Surprise-Your Broker Is Not Required to Be Careful with Your Money	p. 92
The Perils of Mandatory Arbitration	p. 94
Smart Investors Know Better
Who Believes Me?	p. 99
When Do Smart Investors Need an Advisor?	p. 105
The Real Way Smart Investors Beat 95 Percent of The "Pros"
The Four-Step Process	p. 111
Step 1: Determine Your Asset Allocation	p. 112
Step 2: Open an Account with One of These Fund Families	p. 117
Step 3: Select Your Investments	p. 121
Step 4: Rebalance Your Portfolio	p. 127
Don't Back Down	p. 130
Where Are the 401(k) Plans for Smart Investors?	p. 134
The Smartest Investor Who Ever Read an Investment Book	p. 137
Too Good to Be True?	p. 139
Additional Resources	p. 153
Acknowledgments	p. 155
Asset Allocation Questionnaire	p. 156
Risk and Return Summaries	p. 163
Index	p. 169
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