Learn how to invest, relax, and let your money do the work with this incredible guide
Fully revised, updated, and expanded for the first time since its New York Times Best-Selling debut in 20TK, the legendary Alexander Green's essential guide for individual investors spells out stock-market success for everyone from first-timers to seasoned pros.
The Gone Fishin' Portfolio: Get Wise, Get Wealthy...and Get on With Your Life, Second Edition delivers a long-term investment strategy that lets you reap the rewards of financial success with a simple, yet sophisticated, strategy that increases returns, reduces risk, and leaves you with time to enjoy the finer things in life.
You'll learn about the fundamental relationship between risk and reward in the financial markets and get a trading insider's view of how the investment industry actually works. With The Gone Fishin' Portfolio, you'll also discover:
* How to take your financial future into your own hands
* How to invest in a way that doesn't require you to spend every waking moment worrying about your money
* How to avoid the most common traps the investment industry sets for you
* Why skilled investing doesn't have to be complicated
Perfect for individual investors who want to put their money to work for them, The Gone Fishin' Portfolio gives you all the tools you need to manage your own money and maximize your investment returns today.
Autorentext
ALEXANDER GREEN is the Chief Investment Strategist of The Oxford Club, with more than 35 years' experience as an investment analyst, portfolio manager and financial writer. He writes a highly acclaimed financial newsletter, The Oxford Communiqué, along with three VIP trading services: The Insider Alert, The Momentum Alert and Oxford Microcap Trader. Alex is the bestselling author of three other financial books: The Secret of Shelter Island: Money and What Matters, Beyond Wealth: The Road Map to a Rich Life and An Embarrassment of Riches: Tapping Into the World's Greatest Legacy of Wealth.
Klappentext
PRAISE FOR THE GONE FISHIN' PORTFOLIO
"Alexander Green is a superb stock selector and a very smart guy. I want as many people as possible to know about him."
From the Foreword by BILL O'REILLY
"The Gone Fishin' Portfolio by Alexander Green offers a very simple strategy that has consistently beaten the S&P 500 with less risk. I am following this exact system in my own personal investing."
JOHN MACKEY, Founder and CEO, Whole Foods; author, The Whole Foods Diet, Conscious Capitalism, and Conscious Leadership
"In 2009 I read what may be the most important book out of the thousands I have read in a career as a writer and academic. It is the book you are holding. I did what the author instructed: I invested in solid companies at the bottom of the Great Recession market and I went fishinor in my case, being a cyclist, I went cyclin'. Today, despite market volatility, I have enough money to retire. That is the power of Alex Green's program presented here and I cannot overstate its importance. Try it . . . and then go cycling!"
MICHAEL SHERMER, Publisher, Skeptic magazine; Presidential Fellow, Chapman University; author, Why People Believe Weird Things, The Moral Arc, and Heavens on Earth
"The Gone Fishin' Portfolio is simple, time-tested and outperforms the vast majority of money managers. I recommended it to friends, gave it to my employees and had my kids read it. Hands down the best all-round investment guide out there."
DAN BUETTNER, National Geographic Fellow; No. 1 New York Times bestselling author, The Blue Zones
Inhalt
Foreword vii
Preface xi
Acknowledgments xxi
Part I Get Wise 1
Introduction 3
Chapter 1: The Unvarnished Truth About Your Money 9
Chapter 2: The First Step on the Road to Financial Freedom 15
Chapter 3: Change Your Mindset, Change Your Life 25
Chapter 4: Why Some Investors Succeed . . . But Most Don't 33
Chapter 5: Why Manage Your Own Money? 47
Chapter 6: Know What You Don't Know 57
Part II Get Wealthy 65
Chapter 7: Common Stocks: The Greatest Wealth Creators of All Time 67
Chapter 8: Don't Buy What Wall Street Is Selling 81
Chapter 9: Your Single Most Important Investment Decision 93
Chapter 10: The Gone Fishin' Portfolio Unveiled 111
Chapter 11: The ETF Alternative 141
Chapter 12: Why the Gone Fishin' Portfolio Is Your Best Investment Plan 151
Chapter 13: How to Legally Stiff-Arm the IRS 161
Part III Get On with Your Life 169
Chapter 14: The Last Two Essentials 171
Chapter 15: Your Most Precious Resource 179
Afterword 193
Appendix A: Vanguard Funds 199
Appendix B: ETFs 241
About the Author 257
Index 259