Have you ever been told that you can't go wrong with mutual funds? That stocks are risky? That you should take out the largest mortgage possible? That life insurance is a good investment? That you should keep six months of emergency money? These myths and more are shattered in 25 Myths You've Got to Avoid -- If You Want to Manage Your Money Right. Each of the book's twenty-five chapters tackles a cherished money myth, first telling you why it no longer works and then showing you how to do it right. Along the way you will learn winning strategies for investing in mutual funds, building a portfolio, saving for retirement, paying for college, buying a house, preparing for financial emergencies, selecting insurance, and planning your estate.The result? Instead of the predictable compendium of tedious advice tossed out by most personal-finance tomes, Clements's book offers a witty, fast-paced journey through today's treacherous investment world. Amusing and irreverent, here is an intriguing and accessible approach to personal finance.
Inhaltsverzeichnis
CONTENTS
INTRODUCTION: HOW YESTERDAY'S RULES BECAME TODAY'S MYTHS
MYTH NO. 1: YOU CAN HAVE IT ALL
MYTH NO. 2: GET A GOOD JOB AND YOU'LL BE SET FOR LIFE
MYTH NO. 3: STOCKS ARE RISKY
MYTH NO. 4: YOU CAN'T GO WRONG WITH IBM
MYTH NO. 5: YOU CAN BEAT THE MARKET
MYTH NO. 6: YOUR INVESTMENTS WILL MAKE 10 PERCENT A YEAR
MYTH NO. 7: YOU CAN'T GO WRONG WITH MUTUAL FUNDS
MYTH NO. 8: YOU CAN FIND THE NEXT MAGELLAN
MYTH NO. 9: INDEX FUNDS ARE GUARANTEED MEDIOCRITY
MYTH NO. 10: NOTHING'S SAFER THAN MONEY IN THE BANK
MYTH NO. 11: IF YOU NEED INCOME, BUY BONDS
MYTH NO. 12: HEDGE YOUR BETS WITH HARD ASSETS
MYTH NO. 13: YOU SHOULD OWN A BALANCED PORTFOLIO
MYTH NO. 14: YOU NEED A BROKER
MYTH NO. 15: KEEP SIX MONTHS OF EMERGENCY MONEY
MYTH NO. 16: DEBT IS DANGEROUS
MYTH NO. 17: BUY THE BIGGEST HOUSE POSSIBLE
MYTH NO. 18: YOU CAN'T BEAT THE MORTGAGE TAX DEDUCTION
MYTH NO. 19: INVEST IN YOUR HOUSE
MYTH NO. 20: TRADE UP AS SOON AS YOU CAN
MYTH NO. 21: PROTECT AGAINST EVERY DISASTER
MYTH NO. 22: LIFE INSURANCE IS A GOOD INVESTMENT
MYTH NO. 23: INVEST IN YOUR KID'S NAME
MYTH NO. 24: MAX OUT YOUR IRA EVERY YEAR
MYTH NO. 25: ONE DAY, KIDS, ALL OF THIS WILL BE YOURS
CONCLUSION: THE NEW RULES FOR FINANCIAL SUCCESS
INDEX
