Diversification provides a well-known way of getting something close to a free lunch: by spreading money across different kinds of investments, investors can earn the same return with lower risk (or a much higher return for the same amount of risk). This strategy, introduced nearly fifty years ago, led to such strategies as index funds. What if we were all missing out on another free lunch that’s right under our noses? In Lifecycle Investing, Barry Nalebuff and Ian Ayres—two of the most innovative thinkers in business, law, and economics—have developed tools that will allow nearly any investor to diversify their portfolios over time. By using leveraging when young—a controversial idea that sparked hate mail when the authors first floated it in the pages of Forbes—investors of all stripes, from those just starting to plan to those getting ready to retire, can substantially reduce overall risk while improving their returns. In Lifecycle Investing, readers will learn How to figure out the level of

What does it take to create your New American Dream? Suze Orman, the woman millions of Americans have turned to forfinancial advice, says it’s time for a serious reconsideration ofthe American Dream—what promise it still holds, what aspects are inneed of revision, and how it must be refashioned to fit our livesso that we can once again have faith that our hard work will payoff and that a secure and hopeful future is within our reach. In nine electrifying chapters, Orman delivers a master class onpersonal finance for this pivotal moment in time. She addressesevery aspect of the American Dream—home, family, career,retirement. She teaches us that in order to create lasting securitywe must learn to stand in our truth. We must recognize, embrace,and be honest about what is real for us today and allow thatunderstanding to inform the choices we make. The New AmericanDream is not the things we accumulate, says Orman, but theconfidence that comes from knowing that which we’ve worked so hard