Gillette Edmunds | Career Press | 2002-02-15 | ISBN: 1564145913 | 224 pages | PDF | 3.7 MB
This book debunks the myth that stocks are the best investment for the long-run. Stock returns may or may not be high, but most investors are incompatible with the volatility and games that go on in the stock market. They end up getting caught up in all the hype and buying at the top of the bubbles and then their grandiosity drops into depression as the market crumbles and they selling at the bottom.
The best thing about this book is the depth of information on many different investments. It tells you what sort of person will do well and who will do poorly with stocks, bonds, real estate, mutual funds, Ginnie Mae funds, tax lien certificates, CDs, money market funds, REITs, index funds, stamp collections, and many more types of investments. Simply by working through the steps here and understanding what mixture of "saver," "investor," and "speculator" you are will result in greatly increased clarity and vastly lower stress. Belongs at the top of the list of books the typical financial advisor would prefer you not know about!
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Sunday, July 6, 2008
Comfort Zone Investing by Gillette Edmunds
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