9780979153105

Guess whom this help wanted ad is describing? YOU! And, of course, there is no pressure right? It's only your life savings. Thankfully, it doesn't have to be as gut wrenching as it may feel. Instead, use the lessons I've learned over the years to help you better prepare for your retirement years. I want you to "Retire...Relax!" Book jacket.

Louis E. McNamara, Jr., MBA, CFP is an investment advisor, and Senior Vice President and Portfolio Manager for Rosenberg Financial Group, Inc., a Registered Investment Advisor. Lou is a retired military officer who has been published in professional journals, written Congressional papers, and is a highly regarded speaker. Lou appears weekly as a financial expert on the radio show, ""Your Money."" He earned his undergraduate degree in accounting from Grove City College, a Master of Business Administration (MBA) from Oklahoma City University, and a Master of Security and Strategic Studies from the United States Naval War College. Lou is a Certified Financial Planner professional. He is a member of the Financial Planning Institute, Financial Services Institute, and the Financial Planning Association. Lou’s passion is furthering financial education and this book was written to help achieve that goal.

Dedication
Preface: Investment strategies to help you enjoy the rest of your life!
Getting ready to invest. How much can you save? How much money will you need? Where should you go for advice?	p. 1
Before you invest, develop a BUDGET
How much can you save for future needs?	p. 5
Definition of a budget	p. 6
Pros	p. 7
Cons	p. 8
Budget Tips	p. 8
Common budgetary mistakes	p. 9
Saving for retirement isn't as hard as you think	p. 10
Your retirement NUMBER - Will you run out of money in retirement? (Putting a price tag on retirement): Two different methods of determining how much money you may need	p. 13
The NUMBER - Short and Sweet	p. 14
Modeling and simulating your NUMBER	p. 16
Inflation	p. 21
I have my NUMBER. Will I run out of money in retirement?	p. 24
The Rule of 72	p. 25
Whom should you turn to for ADVICE?	p. 27
Who is out there giving advice?	p. 28
Whom should you consider?	p. 29
Commitment to the strategy	p. 32
Advice is like driving a car	p. 33
Business Beliefs	p. 34
Why you hired a financial advisor	p. 35
Some final thoughts on: What is the best way not to run out of money?	p. 37
Spending too much?	p. 37
Assumptions and Average Return	p. 38
Getting ready to invest: understanding some important investment terms	p. 41
What is the MARKET anyway?	p. 43
Examples of Indexes	p. 44
Is the S&P 500 the market?	p. 45
Compare apples-to-apples	p. 46
RISK - You can run, but you can't hide	p. 47
Diversifiable risk	p. 47
Non-diversifiable risk	p. 47
You need a process	p. 51
What makes certain investments riskier than others?	p. 51
RETURNS - Can you have a positive average return and still lose money?	p. 57
Misunderstood math	p. 57
Returns depend a lot on how they are calculated	p. 58
Losses and compounded returns are a big deal	p. 59
The Income Preservation Strategy - A Six Step Process	p. 66
How long is LONG-TERM?	p. 69
A lesson re-learned	p. 69
I can't risk losing money	p. 70
What kind of returns should I expect?	p. 71
Ready to invest: prudent strategies for success	p. 73
Sifting through some of the more common strategies: It isn't easy determining which strategy is best for YOU!	p. 75
Passive	p. 75
Active	p. 77
Rebalancing your portfolio	p. 78
Is a passive or active strategy right for you?	p. 80
Mutual Funds	p. 81
Definitions	p. 81
Classifications	p. 82
Things to consider	p. 85
Average mutual fund investors don't do as well as you may think	p. 93
Stocks	p. 95
Definitions	p. 95
Three stock market misconceptions	p. 95
American Depository Receipt (ADR)	p. 98
International Investing	p. 98
Types of analysis	p. 98
Newsletters - The Big Three	p. 99
Bonds	p. 103
What is a bond?	p. 103
Who issues bonds?	p. 103
Risk of investing in bonds	p. 104
Bond mutual funds vs. Individual Bonds	p. 105
Final thoughts on bonds	p. 107
ETFs	p. 109
What are they?	p. 109
Examples	p. 110
How ETFs are built	p. 111
Summary	p. 112
Investing: controlling risk	p. 115
Cornerstones of Success - The Big Six	p. 119
Protect your principal Losses can destroy your portfolio	p. 119
Buy the strongest equities	p. 120
Have a simple system	p. 120
The fear of "downturns" should be secondary	p. 120
Once you have a risk management plan in place, stay the course	p. 121
Position Size (Control Risk) Position sizing can be, and often is, a difficult subject	p. 123
What size position	p. 123
Calculating risk	p. 125
How I manage money	p. 127
Does when you invest matter?	p. 129
Best Days vs. Worst Days	p. 132
The "Triple Crown of Investing"	p. 133
The right market	p. 133
The right sector	p. 138
The right investment	p. 138
Final thoughts	p. 142
The Sweet Sixteen: Advice you need to remember to help you RETIRE AND RELAX!	p. 143
Glossary	p. 147
Index of Helpful Hints	p. 153
Index of Charts	p. 155
Index of Illustrations	p. 157
Index	p. 159
Notes	p. 161
Table of Contents provided by Ingram. All Rights Reserved.

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Retire... Relax! : Is the Fear of Running Out of Money Keeping You up at Night?; Overcome Your Fears with a System Designed to Help You Retire... Relax!

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