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Cover Page
Title Page
Dedication
Table of Contents
Foreword
The Rules of Money Have Changed. Again.
Part I Introduction to Financial Planning
Overview – The 11 Reasons You Need to Plan
Chapter 1 – The Four Obstacles to Building Wealth
Chapter 2 – The Story of Taxes and Inflation
Chapter 3 – The Greatest Discovery of the 20th Century
Chapter 4 – The Good News and the Bad News About Planning for Your Future
Part II Understanding the Capital Markets
Overview – Of All the isms, Ours Is Capitalism
Chapter 5 – The Manufacturing Process
Chapter 6 – Building Cash Reserves
Chapter 7 – The Most Fundamental of All Investment Risks-And How to Avoid It
Part III Fixed Income Investments
Overview – Income Before Growth
Chapter 8 – U.S. Government Securities
Chapter 9 – Municipal Bonds
Chapter 10 – Zero Coupon Bonds
Chapter 11 – Bond Ratings
Chapter 12 – Event Risk
Chapter 13 – Rate, Yield, and Total Return
Chapter 14 – Interest Rate Risk
Part IV Equities
Overview – Growth After Income
Chapter 15 – Four Benefits of Owning Stock
Chapter 16 – Stocks: an Indication of the Nation’s Financial Health—Sometimes
Chapter 17 – Three Ways to Buy Stocks
Chapter 18 – Real Estate Investing
Chapter 19 – Collectibles
Chapter 20 – Hedge Positions
Part V Packaged Products
Chapter 21 – The Four Problems You Encounter When Buying Investments
Chapter 22 – How to Beat the Four Problems
Chapter 23 – The Most Common Type of Investment Company
Chapter 24 – Closed-End Funds
Chapter 25 – Unit Investment Trusts
Chapter 26 – Wrap Accounts a.k.a. Private Money Management
Chapter 27 – Mutual Fund Charges and Expenses
Chapter 28 – Annuities
Chapter 29 – Real Estate Limited Partnerships
Chapter 30 – Real Estate Investment Trusts
Part VI The Best Investment Strategies
Overview – Combining Growth and Income
Chapter 31 – Safe or Risky?
Chapter 32 – World Events Will Not Destroy Your Investments
Chapter 33 – Focus on the Hill, Not the String
Chapter 34 – Understanding Volatility
Chapter 35 – Following Your Emotions Is a Sure Path to Failure
Chapter 36 – Standard Deviation
Chapter 37 – Why Funds Make Money But People Do Not
Chapter 38 – Beta
Chapter 39 – Portfolio Optimization vs. Maximization
Chapter 40 – The Rankings Trap
Chapter 41 – Do You Need to Pick the Best Fund?
Chapter 42 – The Computer vs. The Money Manager
Chapter 43 – The Theory of Market Timing
Chapter 44 – Diversification: The Key to Your Investment Success
Chapter 45 – Developing an Optimal Portfolio
Chapter 46 – Dollar Cost Averaging
Chapter 47 – When Is the Best Time to Invest?
Chapter 48 – Investing for Current Income
Chapter 49 – Four Ways to Create Savings
Chapter 50 – How to Prepare for Economic Collapse
Part VII The Best Financial Strategies
Chapter 51 – How to Get Out of Debt
Chapter 52 – Should You Buy or Lease Your Next Car?
Chapter 53 – How to Pay for College [Really!]
Chapter 54 – Does It Pay for Both Parents to Work While Raising Young Children?
Chapter 55 – How to Protect Your Identity
Part VII The Best Strategies for Buying, Selling and Owning Homes
Overview – The American Dream
Chapter 56 – Incorporating Home Ownership into Your Financial Plan
Chapter 57 – How to Buy Your First Home
Chapter 58 – All About Mortgages
Chapter 59 – How to Buy Your Next Home
Part IX Taxes, Taxes, Taxes
Chapter 60 – How Investments Are Taxed
Chapter 61 – How Your Home and Other Real Estate Is Taxed
Chapter 62 – How Family Loans Are Taxed
Chapter 63 – How Gifts and Inheritances Are Taxed
Chapter 64 – How Estates Are Taxed
Chapter 65 – How to Make Money by Giving it Away
Part X Retirement Planning
Chapter 66 – Pensions
Chapter 67 – IRA Accounts
Chapter 68 – Company Retirement Plans
Chapter 69 – Social Security
Chapter 70 – Why Retirement Plans Are Not Enough
Chapter 71 – Women and Retirement
Part XI Insurance
Overview – How to Manage Risk
Chapter 72 – Protecting Your Largest Financial Asset
Chapter 73 – Long-Term Care
Chapter 74 – Life Insurance
Chapter 75 – How to Protect Yourself From lawyers Lawsuits
Chapter 76 – Should You Buy from an Insurance Agent or Insurance Broker?
Chapter 77 – How Safe Is Your Carrier?
Part XII Estate Planning
Overview – Managing and Distributing Wealth
Chapter 78-Your Will
Chapter 79 – Estate Administration
Chapter 80 – Other Estate Planning Tools
Chapter 81 – When to Revise Your Will
Part XIII How to Choose a Financial Advisor
Overview – The Most Important Financial Decision You Will Make
Chapter 82 – Financial Planners vs. Money Managers
Chapter 83 – Industry Designations vs. Federal and State Licensing
Chapter 84 – The Four Ways Planners Get Paid
Chapter 85 – Ten Taboos Between You and Your Planner
Chapter 86 – How to Find a Planner
Sources
Index
Acknowledgments
About the Author
Copyright
About The Publisher
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