The Little Book of Main Street Money: 21 Simple Truths that Help Real People Make Real Money

by Jonathan Clements; Foreword by: William J. Bernstein

• ISBN13: 9780470521878
• ISBN10: 0470521872
• Format: eBook
• Copyright: 2009-05-01
• Publisher: Wiley

Summary

"A gem from one of the most brilliant minds in personal finance." Ben Stein, author, actor, TV personality, and New York Times columnist"Investing, as it is said, is simple but it is not easy. Jonathan Clements's fine new Little Book underscores the priceless (and price-less) value of simplicity. And his sage advice on living the good life and on spending well and saving wisely will surely make it, if not easy, at least easier for us to achieve financial peace of mind." John C. Bogle, founder of Vanguard and author of Enough"Nobody, and I mean nobody, can make the world of investing as easy to understand as Jonathan Clements can. In this wonderful book, he teaches Main Street how to beat Wall Street at its own game-and how to have fun along the way. This book does not stop at merely making you richer and smarter; it will even help you lead a better life." Jason Zweig, author of Your Money and Your Brain and editor of Benjamin Graham's The Intelligent Investor"Jonathan Clements is one of our wisest and finest writers in the field of personal finance. This Little Book contains gems of wisdom not only about investing, but also about living a full and satisfying life." Burton G. Malkiel, author of A Random Walk Down Wall Street"Easy to read, easy to understan-and easy to put to work-this Little Book is a winner. I'm getting copies for our children-and their children, too." Charles D. Ellis, author of Winning the Loser's Game

Table of Contents

Foreword

Introduction

Let the Rebuilding Begin

Our Finances Are Bigger than a Brokerage Account

We Cant Have It All

Money Can Buy Happiness-If We Spend It Carefully

Even the Best Investors Need to Be Great Savers

Time Is as Valuable as Money

No Investment Is Risk-Free

Portfolio Performance: Its All in the Mix

Stocks Are Worth Something

To Add Wealth, We Need to Overcome the Subtractions

Aiming for Average Is the Only Sure Way to Win

Wild Investments Can Tame Our Portfolios

Short-Term Results Matter to Long-Term Investors

A Long Life Is a Big Risk

Markets May Be Rational, but We Arent

Our Homes Are a Fine Investment that Wont Appreciate Much

Paying off Debts Could Be Our Best Bond Investment

Saving Taxes Can Cost Us Dearly

A Tax Deferred Is Extra Money Made

Insurance Wont Make Us Any Money-If Were Lucky

Even If We Have a Will, We May Not Get Our Way

Financial Success: Its About More than Money

Conclusion

Wall Street? That Isnt So Far from Main Street

Acknowledgments

Table of Contents provided by Publisher. All Rights Reserved.