Blind Faith Our Misplaced Trust in the Stock Market -- and Smarter, Safer Ways to Invest

by Winslow, Edward

• ISBN13: 9781576752524
• ISBN10: 1576752526
• Edition: 1st
• Format: Paperback
• Copyright: 2003-05-11
• Publisher: Berrett-Koehler Publishers

Summary

People have lost faith in corporations and the institutions that are supposed to guide and protect our investments, including stock analysts, brokerage firms, accounting firms and government regulatory agencies. Blind Faith deals with these problems but goes much deeper questioning the time-honoured mantra that stocks, in the long run will always go up. Remove this assumption and stock market investing has become nothing more than gambling. Blind Faith comes to the logical conclusion that the average investor should completely avoid stocks and equity mutual funds. It provides attractive alternative strategies that offer real protection of one's money with potential for growth.

Author Biography

Edward Winslow is an independent financial consultant and founder of Protect Money Investments

Table of Contents

Preface: The Journey	p. ix
Introduction: Beyond Blind Faith--There Is Clarity	p. 1
The Average Person Should Steer Clear of Stocks--Here's Why
The Stock Market: Can We Win at This Game?	p. 11
Faith in Ourselves: The Irrational Behavior of Investors	p. 27
Faith in Corporations: Tricks of the Trade	p. 45
Faith in Professional Advice: Conflicts of Interest	p. 67
The Real Winners of the Stock Market Game	p. 85
Strategies for Dealing with Uncertainty
Redefining Risk Management	p. 105
Maintaining Control of Our Financial Future	p. 117
Smarter and Safer Investments
The Matching Game: Investing in the Indexes	p. 129
The Protected Investor: Smarter, Safer Ways to Invest	p. 139
Investing for Retirement	p. 173
Reforming the System	p. 189
Using Options to Reduce Risk	p. 203
Credit Ratings	p. 209
Notes	p. 211
Glossary	p. 221
Index	p. 227
About the Author	p. 246
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