Willkommen, schön sind Sie da!
Logo Ex Libris

Plan Your Prosperity

  • E-Book (pdf)
  • 192 Seiten
(0) Erste Bewertung abgeben
Bewertungen
(0)
(0)
(0)
(0)
(0)
Alle Bewertungen ansehen
Whether you're in retirement, just getting ready to retire, or 5, 10, or 40 years out, this book can help you invest smarter ... Weiterlesen
E-Books ganz einfach mit der kostenlosen Ex Libris-Reader-App lesen. Hier erhalten Sie Ihren Download-Link.
CHF 18.00
Download steht sofort bereit
Informationen zu E-Books
E-Books eignen sich auch für mobile Geräte (sehen Sie dazu die Anleitungen).
E-Books von Ex Libris sind mit Adobe DRM kopiergeschützt: Erfahren Sie mehr.
Weitere Informationen finden Sie hier.
Bestellung & Lieferung in eine Filiale möglich

Beschreibung

Whether you're in retirement, just getting ready to retire, or 5, 10, or 40 years out, this book can help you invest smarter your whole life and yes, plan better for retirement. 

Harmful mythology abounds about retirement investing. Many retirees or soon-to-be retirees have heard a plethora of advice. Take 100 (or 120) and subtract your age to get your equity allocation, put the rest in bonds or cash. Buy only bonds. Buy only high dividend stocks. Or some combination! Buy equity-indexed annuities or some 'guaranteed' income product. All examples of a potentially harmful myth many folks believe to be smart, strategic moves. 

Investors believe preparing for retirement requires a radically different set of tools or a dizzying array of products. Navigating the world of retirement products and services can be a full-time job. But investing for retirement is, in practice, not much (if at all) different from investing. In Your Retirement Plan, Ken Fisher will give readers a workable strategy to either develop their own retirement investing plan or work more successfully with a professional to increase the likelihood of achieving long-term goals while avoiding common pitfalls. The book will include easy-to-follow steps like 

  • How to think, correctly, about investing time horizon.
  • How to better figure how much income you need
  • How to determine if a portfolio can provide that income
  • How to figure how much to save each year to achieve retirement goals
  • What pitfalls to avoid
  • And more. . . . 

In this retirement planning book that's not just for retirees, Fisher will hand readers the tools and confidence they need to better plan for the future.



KEN FISHER is best known for his prestigious 'Portfolio Strategy' column in Forbes magazine, where his over 28-year tenure of high-profile calls makes him the fourth longest-running columnist in Forbes's 90-plus-year history. He is the founder, Chairman and CEO of Fisher Investments, an independent global money management firm managing tens of billions for individuals and institutions globally. Fisher is ranked #263 on the 2011 Forbes 400 list of richest Americans and #764 on the 2012 Forbes Global Billionaire list. In 2010, Investment Advisor magazine named him among the 30 most influential individuals of the last three decades. Fisher has authored numerous professional and scholarly articles, including the award-winning 'Cognitive Biases in Market Forecasting.' He has also published eight previous books, including national bestsellers The Only Three Questions That Count, The Ten Roads to Riches, How to Smell a Rat, Debunkery and Markets Never Forget (But People Do), all published by Wiley. Fisher has been published, interviewed and/or written about in many major American, British and German finance or business periodicals. He has a weekly column in Focus Money, Germany's leading weekly finance and business magazine.

LARA HOFFMANS is Vice President of Content at Fisher Investments, managing editor of MarketMinder.com, a regular contributor to Forbes.com and coauthor of the bestsellers, The Only Three Questions That Count, The Ten Roads to Riches, How to Smell a Rat, Debunkery and Markets Never Forget (But People Do).

Autorentext

KEN FISHER is best known for his prestigious "Portfolio Strategy" column in Forbes magazine, where his over 28-year tenure of high-profile calls makes him the fourth longest-running columnist in Forbes's 90-plus-year history. He is the founder, Chairman and CEO of Fisher Investments, an independent global money management firm managing tens of billions for individuals and institutions globally. Fisher is ranked #263 on the 2011 Forbes 400 list of richest Americans and #764 on the 2012 Forbes Global Billionaire list. In 2010, Investment Advisor magazine named him among the 30 most influential individuals of the last three decades. Fisher has authored numerous professional and scholarly articles, including the award-winning "Cognitive Biases in Market Forecasting." He has also published eight previous books, including national bestsellers The Only Three Questions That Count, The Ten Roads to Riches, How to Smell a Rat, Debunkery and Markets Never Forget (But People Do), all published by Wiley. Fisher has been published, interviewed and/or written about in many major American, British and German finance or business periodicals. He has a weekly column in Focus Money, Germany's leading weekly finance and business magazine.

LARA HOFFMANS is Vice President of Content at Fisher Investments, managing editor of MarketMinder.com, a regular contributor to Forbes.com and coauthor of the bestsellers, The Only Three Questions That Count, The Ten Roads to Riches, How to Smell a Rat, Debunkery and Markets Never Forget (But People Do).

Klappentext

Think you're too young to start thinking about retirement? Or that "retirement" investing is different from "normal" investing? Think again.

Whether you're in retirement, just getting ready to retire now or in 5, 10 or 40 years, Plan Your Prosperity arms you with information, expert guidance and tools to help you invest smarter your whole life and, yes, plan better for retirement. Bestselling finance author Ken Fisher explains why, for all practical purposes and for most investors, all investing should be done with an eye toward retirementand beyond.

Harmful mythology abounds about retirement investing. Like the adage you should take 100 (or 120) and subtract your age to get your equity allocation and put the rest in bonds or cash. Or you should buy only bonds. Or buy only high-dividend stocks. Or some combination! Or buy equity-indexed annuities or some "guaranteed" income product. All are examples of potentially harmful myths many folks believe to be smart, strategic movesmyths Ken makes short work of in Plan Your Prosperity.

In their place, Ken provides straightforward principles to help you increase the odds you achieve your long-term investing goals, like:

  • How to think correctly about investing time horizon
  • The difference between income and cash flow
  • How to better figure how much cash flow you need and if your portfolio can provide it
  • How to figure how much to save each year to achieve retirement goals
  • What pitfalls to avoid
  • And more . . .
  • Not another one-size-fits-all retirement planner, Plan Your Prosperity supplies you with a firm foundation in sound investment and retirement planning principles. And it gives you a framework for better understanding your financial needs, setting your financial goals and creating a workable plan for your lifelong prosperity.

    Inhalt

    Acknowledgments ix

    Chapter 1: What? Me? Retire? 1

    The Imagined Dichotomy 3

    Two Goals and Some Non-Goals 4

    Definitions and a Pencil 9

    Start Immediately. Now. Right Away 13

    Plan Your Prosperity 14

    Chapter 2: My Goals Are What? 17

    Why Is This So Hard? 20

    Your Investing Goals, Simply 24

    Potential Pitfall: Capital Preservation and Growth 26

    Inflation's Insidious Impact 29

    Three Percent, Compounded 35

    Chapter 3: The Secret CodeAsset Allocation or Benchmark? 37

    BenchmarkA Road Map and Measuring Stick 40

    Picking a Benchmark 42

    The Big DecisionAsset Allocation 45

    Potential Pitfall: Age Doesn't Equal Asset Allocation 49

    Benchmark Versus Asset AllocationWhat's the Difference? 50

    Chapter 4: Time HorizonLonger Than You Think 59

    Potential Pitfall: Ignoring Opportunity Cost 62

    Time HorizonWhat Is It? 64

    Time Horizon and Benchmark 68

    Chapter 5: What's in a Return? 73

    Growth Defi ned 77

    The Past as a Guide? 81

    Gordon Moore and Endless Innovation 90

    Potential Pitfall: Unrealistic Expectations 92

    Chapter 6: Getting That Cash Flow 97

    Potential PitfallThe All High-Dividend Portfolio 100

    How Much Do You Need? 103

    Monte CarloNot Just a Casino 107

    Let's Get Bootstrapping 109

    Chapter 7: Can I Get There? 117

    How Much Do You Have? 120

    A Savings Plan 123

    Chapter 8: Putting It All Together 131

    To Benchmark or Not to Benchmark 134

    State Your Goals 136

    Know Where You Are 137

    Picking an Appropriate Benchmark 138

    Finding Professional Help 140

    Avoid Being a Fraud Victim 143

    And You're Off! 143

    Appendix A: All Hail the Mighty Dow 145

    Appendix B: Cash Flow Versus Expenses 155

    Appendix C: Expense Categories 161

    Appendix D: Personal Balance Sheet 165

    Notes 169

    About the Authors 173

    Index 175

    Produktinformationen

    Titel: Plan Your Prosperity
    Untertitel: The Only Retirement Guide You'll Ever Need, Starting Now--Whether You're 22, 52 or 82
    Autor:
    EAN: 9781118516102
    ISBN: 978-1-118-51610-2
    Digitaler Kopierschutz: Adobe-DRM
    Format: E-Book (pdf)
    Herausgeber: Wiley
    Genre: Geld, Bank, Börse
    Anzahl Seiten: 192
    Veröffentlichung: 03.10.2012
    Jahr: 2012
    Untertitel: Englisch
    Dateigrösse: 2.7 MB