Where the Money Is: How to Spot Key Trends to Make Investment Profits

by Bob Froehlich

• ISBN13: 9780471217190
• ISBN10: 0471217190
• Format: eBook
• Copyright: 2002-01-01
• Publisher: Wiley

Summary

From the Foreword "Truly valuable investment advice doesnt just direct you to buy a particular stock but helps you to think about investment opportunities within sectors?specifically, in the industries that are poised for growth over the next years and decades. Bobs solid guidance helps you target long-term opportunities."?Suze Orman, Author of The Road to Wealth and #1 New York Times Bestsellers, The 9 Steps to Financial Freedom and The Courage to Be Rich The five themes driving and shaping the market in the millennium, from one of Wall Streets most respected investors. In Where the Money Is, Bob Froehlich, one of the financial communitys most trusted advisors, gives readers a rare insiders view of the strategies that financial markets and industries are developing to capitalize on the new terrain. Peering over the economic horizon for clues to next year and beyond, Froehlich pinpoints the five most relevant investment themes that will drive and shape the continuing bull market?as they are shaping society?into the new millennium. Focusing on such key issues as the aging baby boomer population, the continued growth of a technology that provides greater access and connectivity to the world, and the rise of the global marketplace, Froehlich shows investors how to spot these larger trends within the financial markets and the economy and to build an appropriate investment strategy to capitalize on them for rich rewards. Froehlich shows readers where the money is and where it can be found in the future.

Table of Contents

Introduction	1	(1)
The Butterfly Effect	1	(3)
Demographic Trends	4	(2)
Globalization Trends	6	(1)
Technology Trends	7	(2)
Government Trends	9	(1)
Business Trends	10	(1)
Sector Strategies	11	(1)
Investment Principles	11	(2)
The Evolving Demographics Trends around the Globe	13	(36)
Demographic Bias	13	(1)
Age Characteristics	14	(2)
Discount Stores	16	(1)
Food	17	(1)
Health Clubs	18	(1)
Drugs	18	(1)
Retirement and Nursing Homes	19	(1)
Three Shifts, Not One	19	(1)
Senior Boom	20	(3)
Birth Bust	23	(2)
Aging of the Baby Boomers	25	(1)
The Baby-Focused Decade of the 1950s	26	(1)
The Child-and-Teen-Focused Decade of the 1960s	27	(1)
The Young-Adult-Focused Decade of the 1970s	28	(1)
The Adult-Focused Decade of the 1980s	28	(1)
The Mature-Adult-Focused Decade of the 1990s	29	(2)
The Senior-Citizen-Focused Decades Ahead	31	(1)
Travel and Entertainment	31	(1)
Health and Fitness	32	(1)
Financial Advice	32	(2)
The European Demographic Landscape	34	(1)
Introducing Generation X	34	(2)
Color Europe Gray as Well	36	(1)
Retirement Savings Boom Ahead!	37	(3)
The Asian Miracle: Size and Talent	40	(1)
One Piece of the Asian Puzzle: China	41	(1)
The Asian Roller Blade Generation	42	(2)
Japan Is Over the Hill	44	(1)
401(k) Japan-Style	45	(1)
Emerging Markets	46	(1)
Latin American Fever	47	(1)
Birth and Death Latin America-Style	47	(1)
Dr. Bob's Notes	48	(1)
The Globalization of Economies and Markets	49	(40)
Globalization Trends	50	(1)
United States	51	(1)
Workforce and Employment Shifts	51	(2)
Compensation Changes	53	(2)
Trade Deficit Hoax	55	(2)
Dollar Weakness	57	(2)
Consumer Credit Explosion	59	(2)
Poor Savings Rate Problem	61	(2)
Euroland	63	(1)
New Economy and Monetary Union	63	(2)
Shareholder Focus	65	(1)
Stock Ownership Boom	66	(1)
Retirement Savings Explosion	67	(1)
German Tax Reform	67	(3)
Up Next, Labor Reform	70	(1)
Internet Danger	70	(1)
Japan	71	(1)
How Did We Get Here?	71	(1)
Keeps Getting Older	71	(2)
Too Close for Comfort	73	(1)
Wanna Trade?	74	(1)
``Big Bang''	75	(2)
Post Offices	77	(1)
Emerging Markets	78	(1)
What Is It?	78	(1)
The Lone (Loan) Ranger	79	(2)
Show Me the Money	81	(1)
Tea for Two	82	(2)
A Modern-Day Mexican Revolution	84	(2)
Special Risk... HIV/AIDS	86	(2)
Dr. Bob's Notes	88	(1)
The Technology Revolution Is Creating the ``I'' (Information Age) Generation	89	(32)
Information Explosion	90	(1)
Where Did the Internet Come From?	91	(1)
Impact of the Internet	91	(2)
Retail, Front and Center	93	(1)
How Do You Buy a Book?	93	(1)
It's Not Just the Book	94	(1)
Technology Is First on the Internet	95	(1)
Marketing, Marketing, and Marketing	95	(1)
Implement This	96	(1)
Beyond Apparel	97	(1)
European E-tailing Goes Global	98	(1)
What about TMT?	98	(2)
Where's My Shopping Mall?	100	(1)
Get Smart (Card)	101	(2)
Global Infrastructure	103	(2)
Productivity	104	(1)
Productivity Defined	105	(1)
It's Different This Time	106	(1)
Knowledge Based	107	(1)
Drives Competition	108	(1)
The Results Are Mind-Boggling	109	(1)
The Laws Help	109	(1)
Employment Market	110	(1)
Shifting Jobs	110	(2)
Shifting Skills	112	(1)
The Big Shift	113	(1)
Work Leisurely	114	(1)
The New Technology Time Line	114	(2)
Capital Spending	116	(1)
Old Economy	116	(1)
Technology Influence	117	(1)
We've Only Just Begun	118	(1)
Even in Russia	118	(1)
Dr. Bob's Notes	119	(2)
Government Downsizing and Privatization	121	(34)
Capital Is Key	121	(1)
The Cold War Is Dead	122	(1)
Impact of No Cold War	122	(1)
The German Consequences	123	(1)
One Bright Light---China	123	(1)
Don't Forget Capitalism	124	(1)
The United States Leads the Way	125	(2)
Regulation Overkill	127	(2)
State and Local Government Mandates	129	(1)
Nothing Taxes Like Taxes	130	(1)
Is It Fair?	131	(1)
Fairness Gets Flattened	131	(1)
The Big Fix	132	(3)
One Solution---Privatization	135	(3)
Privatization---Where Do We Start?	138	(1)
The Global Mandate	139	(1)
The United Kingdom---Privatize the Mail	140	(1)
Regulation ``Lite'' from the United Kingdom as Well	141	(2)
The Alarmists	143	(1)
The Big Prize---Public Pension Privatization	144	(1)
Public Pension Privatization---What Is It?	145	(2)
European Public Pensions	147	(1)
The Chile Example	148	(1)
Where's the United States?	148	(2)
The States Are Coming	150	(2)
Government and Technology Converge	152	(2)
Dr. Bob's Notes	154	(1)
Corporate Restructuring, Mergers, and Acquisitions Go Global	155	(38)
Not Just Tires Anymore	155	(1)
Fuel behind Merger Boom	156	(1)
Customer Satisfaction---The Final Straw	157	(1)
Euroland Mergers	158	(2)
Why Go Global?	160	(1)
Free Trade---It's Cheaper	161	(1)
Free Trade---It's All about Choice	162	(1)
Businesses Goin' Global	163	(2)
How Do You Manage the Globe?	165	(1)
Global Management, Anyone?	166	(1)
Global Traits	167	(1)
A Regional Option	167	(1)
The Price Is Not Right	168	(2)
It's Technology, Not Oil	170	(1)
Pricing and Technology Converge	170	(2)
The Business Risks Have Changed	172	(2)
Quality Is Job One	174	(1)
Smarter Employees Mean Smarter Workers	175	(1)
Senior Worker Power	176	(1)
Stay Home and Work	177	(1)
The Perfect Retirement Job	178	(4)
Planes, Trains, and Automobiles	182	(3)
Telecommunications Explosion	185	(1)
Financial Services Boom	186	(5)
Dr. Bob's Notes	191	(2)
Sectornomics™---Turning Trends into Strategies, Picking the Sector Winners	193	(50)
Why Just Sectors?	194	(1)
It's the Sector, Stupid!	194	(1)
My Cost Is Your Cost	195	(1)
Do You Recognize Me Now?	196	(1)
We Make Money the Same Way	197	(3)
Pharmaceutical Sector	200	(1)
Investment Strategy #1: We're Not Getting Any Younger	200	(1)
A Never-Ending Supply of Drugs	201	(1)
It's an Annuity Business	202	(2)
Faster, Me Matie, Faster	204	(1)
The Urge to Merge	205	(1)
Technology Sector	206	(1)
Investment Strategy #2: Pretty Soon the Only Road Will Be the Information Superhighway	206	(3)
Young and Old Demographics Converge	209	(1)
Bandwidth Will Help	210	(2)
Don't Forget Biotech	212	(2)
Technology and Telecommunications Converge	214	(1)
Telecommunications Sector	215	(1)
Investment Strategy #3: We're All Connected	215	(2)
The Lines Are Disappearing	217	(1)
A Whole New Ballgame in China	218	(2)
The Future Is Wireless, Not Plastic	220	(2)
Financial Services Sector	222	(1)
Investment Strategy #4: It Doesn't Hurt to Save	222	(1)
The More Money You Have, the More You Make	223	(1)
High Anxiety	224	(2)
Give Me Some Advice	226	(2)
Transparent Pricing	228	(1)
Energy Sector	229	(1)
Investment Strategy #5: Plug It In and Turn It On!	229	(3)
It All Started with Oil and Gas	232	(1)
It's Electric!	233	(2)
The California Crisis Unwrapped	235	(3)
Global Differences	238	(1)
Asia's Power Surge	239	(1)
Dr. Bob's Notes	240	(3)
The Principles of Investing in Long-Term Trends While Living in a Short-Term World	243	(16)
Fear and Greed	245	(1)
You Are Going to Lose Money...I Guarantee It!	246	(1)
You Didn't Sell the House, Did You?	247	(1)
The Woodshop Syndrome	248	(2)
There's Only One Way to Make a Billion Dollars	250	(1)
Is Everything a Buy?	251	(3)
The Next Generation of Investors	254	(1)
What Has Vitamin C Got to Do with It?	255	(1)
Dr. Bob's Notes	256	(3)
BobSpeak™ A Unique Glossary of Dr. Bob's Investment Terms and Opinions	259	(24)
Index	283