The Only Proven Road to Investment Success Everyone's Simple Guide to a Safe Trip

by Sengupta, Chandan

• ISBN13: 9780471443070
• ISBN10: 0471443077
• Edition: CD
• Format: Hardcover
• Copyright: 2002-01-04
• Publisher: Wiley
• More Book Details
• Purchase Benefits

Summary

Whether you're saving for a specific need, such as a child's college education, or looking for the right investment plan to guide you through life and into retirement, The Only Proven Road to Investment Success, along with Guru-the portfolio management program contained on the companion CD-ROM-is your one-stop reference for easy-to-use investment advice that will last a lifetime.

Author Biography

CHANDAN SENGUPTA currently teaches finance at the Fordham University Graduate School of Business. He specializes in Investments, Financial Modeling, Business Valuation, and Corporate Finance. Formerly, he was a vice president in the corporate treasury of the Chase Manhattan Bank for eight years and senior financial advisor for Mobil Corporation for ten years.

Table of Contents

Acknowledgements.

Introduction.

OVERVIEW OF THE TRIP.

The Many Proven Roads to Investment Disasters.

The Only Proven Road to Investment Success - in a Nutshell.

PREPARING FOR THE TRIP.

Take the Easiest Route--Rule #1: Keep Everything Simple and then Simplify Some More.

Pickup the Freebies--Rule # 2: Allow the Magic of Compounding Work its Magic.

Be Prepared for Bad Weather--Rule #3: Invest Only in Assets that will Keep You Ahead of Inflation.

Buy the Reliable Average Car and Drive it Forever--Rule #4: Invest in Stocks by Buying a Little Bit of Everything and Hold on Through all Ups and Downs.

Be a Safe But not Timid Driver--Rule #5: Invest in Stocks the Most You Can Prudently Afford.

Do Not Go on a Long Trip Driving a Gas Guzzler--Rule #6: Save Every Penny of Investment Costs You Can.

Avoid Toll Roads Whenever You Can--Rule #7: Use Every Opportunity to Reduce and Delay Uncle Sam's Take.

Be Prepared for Road Works and Traffic Jams--Rule #8: Have Realistic Expectations.

Know Your Route and Stick to It--Rule #9: Invest with Conviction, Invest with Discipline, Invest with Patience.

Do Not Take Along Freeloaders and Distracters--Rule #10: Choose the Right Companions for Your Trip.

Ignore the Glitzy Billboards and Stay on Your Route--Rule #11: Resist the Lure of the Siren Songs.

The Eleven Potholes that Ruin Most Trips.

Making the Last Key Decision About Your Trip.

GETTING ON THE ROAD AND HAVING A SAFE TRIP.

A Quick Review of Your Plan for the Trip.

On the Only Proven Road to Investment Success.

Getting the Best Advice from Guru.

FOR THE MORE ADVENTUROUS TRAVELER.

The Most Dangerous Myth About Investing.

A Few Other Investments Choices.

Appendix A: Recommended Fund Companies and Funds.

Appendix B: Comparison of Safe Investment Options.

Appendix C: Miscellaneous Resources.

Index.