"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
Inhaltsverzeichnis
Foreword xv
Introduction
Let the Rebuilding Begin xxi
Chapter One Our Finances Are Bigger than a Brokerage Account 1
Chapter Two We Can't Have It All 11
Chapter Three Money Can Buy Happiness-If We Spend It Carefully 17
Chapter Four Even the Best Investors Need to Be Great Savers 25
Chapter Five Time Is as Valuable as Money 33
Chapter Six No Investment Is Risk-Free 41
Chapter Seven Portfolio Performance: It's All in the Mix 51
Chapter Eight Stocks Are Worth Something 59
Chapter Nine To Add Wealth, We Need to Overcome the Subtractions 67
Chapter Ten Aiming for Average Is the Only Sure Way to Win 75
Chapter Eleven Wild Investments Can Tame Our Portfolios 93
Chapter Twelve Short-Term Results Matter to Long-Term Investors 105
Chapter Thirteen A Long Life Is a Big Risk 113
Chapter Fourteen Markets May Be Rational, but We Aren't 121
Chapter Fifteen Our Homes Are a Fine Investment that Won't Appreciate Much 135
Chapter Sixteen Paying off Debts Could Be Our Best Bond Investment 143
Chapter Seventeen Saving Taxes Can Cost Us Dearly 151
Chapter Eighteen A Tax Deferred Is Extra Money Made 159
Chapter Nineteen Insurance Won't Make Us Any Money-If We're Lucky 167
Chapter Twenty Even If We Have a Will, We May Not Get Our Way 175
Chapter Twenty-One Financial Success: It's About More than Money 181
Conclusion
Wall Street? That Isn't So Far from Main Street 189
Acknowledgments 193