Lasting Wealth Is A Matter Of Timing
Description:
Baby boomers and other investors risk losing a good part of their financial nest eggs unless they take sufficient precaution to avoid letting the next bear market devour their portfolios.
Investment manager John Sosnowy shows investors how to avoid the financial debacle that looms in the turbulent days ahead.
Inside this book, Sosnowy:
* exposes the fallacies inherent in "buy and hold" and "passive asset allocation" investment strategies.
* shows how to save boomers from bust.
* advises how retirees can avoid financial suicide.
* illustrates how you can make money in down markets.
* discusses why you must manage investment risk.
* teaches you how to achieve superior risk-adjusted returns.
* proves that market timing is a viable strategy that works in the hands of a professional.
* introduces several new and exciting investment products and tax savings strategies.
* rebukes the conventional wisdom of dollar-cost averaging.
* lays the foundation for the younger generation to accumulate and keep lasting wealth.