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Rigged Money

ebook
Today's financial landscape and what Wall Street doesn't want you to know

Rigged Money is based on one simple truth: Wall Street needs money from Main Street, not the other way around. The financial industry has convinced the general public that investing across different asset classes is the only way to protect wealth, but this is an outdated rule that no longer applies.

Since asset classes—small caps, large caps, international investments, gold, and bonds—now overlap when it comes to risk and volatility parameters, the diversification effect is gone. That's exactly what Wall Street doesn't want you to know—that the rules of the game have changed.

  • Risk Isn't Constant: Pie charts lie when it comes to accurately describing the risk of stocks and bonds
  • Dividends Are No Silver Bullet: They are designed to entice investors rather than to increase a company's value or your net worth
  • Buy and Hold is Dead: The financial world (and all the companies and securities in it) moves too quickly and is changing too often for this theory to hold true today
  • Gold Is Not an Investment: Gold is today's currency of fear, and this fear is driven by escalating government debt
  • An unflinching look at this new financial world, Lee Munson's Rigged Money arms today's investors with the simple, smart, and clear advice needed to level the playing field.


    Expand title description text
    Publisher: Wiley

    Kindle Book

    • Release date: October 31, 2011

    OverDrive Read

    • ISBN: 9781118171141
    • Release date: October 31, 2011

    EPUB ebook

    • ISBN: 9781118171141
    • File size: 1580 KB
    • Release date: October 31, 2011

    Formats

    Kindle Book
    OverDrive Read
    EPUB ebook

    Languages

    English

    Today's financial landscape and what Wall Street doesn't want you to know

    Rigged Money is based on one simple truth: Wall Street needs money from Main Street, not the other way around. The financial industry has convinced the general public that investing across different asset classes is the only way to protect wealth, but this is an outdated rule that no longer applies.

    Since asset classes—small caps, large caps, international investments, gold, and bonds—now overlap when it comes to risk and volatility parameters, the diversification effect is gone. That's exactly what Wall Street doesn't want you to know—that the rules of the game have changed.

  • Risk Isn't Constant: Pie charts lie when it comes to accurately describing the risk of stocks and bonds
  • Dividends Are No Silver Bullet: They are designed to entice investors rather than to increase a company's value or your net worth
  • Buy and Hold is Dead: The financial world (and all the companies and securities in it) moves too quickly and is changing too often for this theory to hold true today
  • Gold Is Not an Investment: Gold is today's currency of fear, and this fear is driven by escalating government debt
  • An unflinching look at this new financial world, Lee Munson's Rigged Money arms today's investors with the simple, smart, and clear advice needed to level the playing field.


    Expand title description text
    • Details

      Publisher:
      Wiley

      Kindle Book
      Release date: October 31, 2011

      OverDrive Read
      ISBN: 9781118171141
      Release date: October 31, 2011

      EPUB ebook
      ISBN: 9781118171141
      File size: 1580 KB
      Release date: October 31, 2011

    • Creators
    • Formats
      Kindle Book
      OverDrive Read
      EPUB ebook
    • Languages
      English