Today millions of people depend on their 401 (k) plans for their retirement income.Yet when 401(k) and similar programs first became popular over two decades ago, Robert Kiyosaki's rich dad warned that these plans will cause one of the biggest stock market crashes in history...a crash that will financially destroy the unprepared. Now in the new millennium, rich dad's. prophecy is coming true. On April 3, 2000, the U.S. NASDAQ exchange recorded its biggest ever one-day fall.Then Enron and WorldCom declared two of the largest corporate bankruptcies in U.S. history. Exposing the reasons behind the impending crash, RICH DAD'S PROPHECY reveals not only the best ways to safeguard wealth but how to actually prosper from the events to come. Learn: How the fears, dreams, and actions of millions of baby boomers will control the economic future Why the old advice "Buy, hold, and diversify" can lead to f'mancial disaster How another stock market boom is on the horizon before the big bust and when

The sixth installment of the "Fisher Investments On" series isa comprehensive guide to understanding and analyzing investmentopportunities within the Technology sector. "Fisher Investments onTechnology" can help you quickly become familiar with this highlydiversified sector, how the sector is segmented by industries,their respective macroeconomic drivers, and the challenges facingTechnology firms. This reliable guide skillfully addresses how todetermine optimal times to invest in Technology stocks, and whichindustries and sub-industries have the potential to perform well invarious environments. The global Technology sector is complex,including a variety of sub-industries and countries--each withtheir own unique characteristics. Using the framework found here,you'll discover how to identify these differences, spotopportunities, and avoid major pitfalls. "Fisher Investments onTechnology: " Discusses industry fundamentals, drivers, attributes,and potential challenges Addresses the challenges unique toTech

You know what happened during the financial crisis … now it istime to understand why the financial system came so close tofalling over the edge of the abyss and why it could happen again.Wall Street has been saved, but it hasn’t been reformed. What isthe problem? Suzanne McGee provides a penetrating look at the forces thattransformed Wall Street from its traditional role as acapital-generating and economy-boosting engine into a behemothoperating with only its own short-term interests in mind and withreckless disregard for the broader financial system and those whorelied on that system for their well being and prosperity. Primary among these influences was “Goldman Sachs envy”: theself-delusion on the part of Richard Fuld of Lehman Brothers,Stanley O’Neil of Merrill Lynch, and other power brokers (egged onby their shareholders) that taking more risk would enable theircompanies to make even more money than Goldman Sachs. Thathubris—and that narrow-minded focus on maximizing their

"The way that Big Money got to be Big Money was by also being the 'Smart Money', and so it is worth paying attention to how the Big Money traders behave. That's the essence of what Larry Williams has to teach us in this book. And it's not just what the Smart Money says or thinks, but how they behave in terms of their trading that we should pay attention to. Larry shows us how to listen to that message." —Tom McClellan Editor of The McClellan Market Report "Finally, an insider's take on what really goes on behind the scenes in commodity trading. Larry writes his view of trading, as only he knows it, from his twenty-five years of experience." Successful trader Larry Williams reveals industry secrets that help investors and traders successfully invest and trade side-by-side with the largest commercial interests in the world. You'll be introduced to the COT (Commitment of Traders) report, the best resource for achieving trading success, learn exactly what the information it contains means, an

The Rich Dad series, begun in 1997, is based on Kiyosaki's childhood observations of the lessons passed down by his father, a well-educated wage slave, versus those of his closest friend's father, an eighth-grade dropout and multimillionaire. The difference, he determined, is that the poor and middle class work for money, but the rich let money work for them. The wisdom passed on by the rich dad is a type of financial literacy that is never taught in schools. Kiyosaki also developed a board game, Cashflow 101, which is used in his seminars to generate ideas on how to achieve financial independence. This book, the seventh in the series, contains real-life stories of people who applied the Rich Dad principles to their lives and are moving from the rat race of employment to the role of business owner and investor. In their own words, regular folks show how they went from financial struggle and crisis to taking control of their financial education and future. 作者简介： Born and raised in Hawaii

While Warren Buffett is considered the "world's greatest value investor," there's another side to Buffett that is rarely talked about. Although Buffett has gained recognition for his value investing approach to the markets, the fact is that nobody-over the past fifty years-has traded and invested with a more diverse group of strategies than Buffett. Trade Like Warren Buffett challenges the current coverage of this great investor by including details of all of Buffett's investing and trading methods, including mean reversion, commodities, bonds, arbitrage, market timing, funds, as well as Graham-Dodd. To augment the discussion of each strategy, Trade Like Warren Buffett also includes interviews with leading financial professionals, who reveal in detail how they've successfully used the same techniques. There is no one way to sum up Warren Buffett's investment style. But if you're interested in boosting the performance of your portfolio, Trade Like Warren Buffett can show you how. 作者简介：Ja

The Entrepreneurial Investor will inspire you to treat investing like a business and to think of yourself as an owner. Through solid examples and a light narrative, Paul Orfalea skillfully explores the essence of the entrepreneurial investor, which includes balancing the art and science of this discipline, and viewing investing itself as a business. Along the way, he also examines how the elements of focus, opportunism, and involvement can improve your overall investment results. 作者简介： Paul Orfalea is the founder of Kinko's and cofounder of West Coast Asset Management (WCAM). He holds a business degree from the University of Southern California and has been investing successfully for more than forty years. Lance Helfert is President and cofounder of WCAM. Previously, he oversaw a $1 billion portfolio at Wilshire Associates. Helfert has a BS in business administration from Pepperdine University. ATTICUS LOWE is a CFA charterholder and Chief Investment Officer of WCAM. He has a BA

Classic investment guidance for everyone As Chairman and CEO of one of the most respected mutual fund companies in the world, The Vanguard Group, Jack Brennan has made a career out of helping people invest for long-term success. In Straight Talk on Investing, he cuts to the chase and provides readers with sound advice and solid guidance to investing for today and tomorrow, in a bull market or bear market. Starting with a clear explanation of the financial facts of life, Brennan explains that investing is a lot easier than most people think. He shows readers how to develop a financial plan, construct and manage a sensible investment program, and maintain perspective in a sometimes crazy world. Refreshing in its simplicity and honesty, Straight Talk on Investing is a badly needed tonic to the hangover of the bull market of the 1990s. Filled with meaningful guidance for investors from a leading investment luminary, this invaluable resource will help readers make better investment decisions and restore financ

Just when you thought the dollar couldn’t sink any further, it continues on a downward spiral. And now, with this fully revised and updated edition of The Demise of the Dollar, Addison Wiggin returns to reveal the many ways you can capitalize on this opportunity. Picking up where the bestselling original edition left off, this engaging book examines the many reasons behind the dollar’s ongoing decline and provides you with the information needed to financially survive and thrive during the years ahead. 作者简介： Addison Wiggin is the Executive Publisher of Agora Financial, an investment research firm based in Baltimore, Maryland. Agora publishes The Daily Reckoning, a financial newsletter with more than 500,000 readers in the United States, Great Britain, and Australia, and is translated daily into French, German, and Spanish (www.dailyreckoning.com). It has received praise from mainstream publications, including Money, New York Times Magazine, and MarketWatch.com. Mr. Wiggin is the aut

The book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective. The ideas and techniques are then applied to the real-world problem of generating sustainable retirement income towards the end of the human life-cycle. The role of lifetime income, longevity insurance, and systematic withdrawal plans are investigated in a parsimonious framework. The underlying technology and terminology of the book are based on continuous-time financial economics by merging analytic laws of mortality with the dynamics of equity markets and interest rates. Nonetheless, the book requires a minimal background in mathematics and emphasizes applications and examples more than proofs and theorems. It can serve as an ideal textbook for an applied course on wealth management and retirement planning in addition to being a reference for quantitatively-inclined financial planners.

The easy–to–read bible for developing, financing, marketing,and selling consumer products––from gadgets to kitsch, fromhigh–touch to high–end––for America's rising entrepreneurialnation. Launch It! is written by a team of trend and product consultantswith over 60 years of collective experience advising thousands ofentrepeneurs, designers, and companies. As they realized not onetrade book was available on the market that would providesoup–to–nuts guidance for any firm or entrepreneur seeking to turninventions and cool ideas into great products that sell, theydecided to write that book themselves. Unlike any other book,Launch It! provides the reader with the step–by–step game plan thatanyone can follow to evaluate their idea, raise capital, save time,stay on top of emerging and important trends, and make money.

Trustees are responsible for the stewardship of assets and for implementing the mission of their endowment or foundation. Almost invariably trustees delegate the management of those assets to agents who are investment professionals. In this increasingly sophisticated and litigious financial world there can be a growing gap of comprehension, exacerbated by mathematics and jargon, between trustees who are responsible and agents who are accountable. This book aims to fill that gap. The book draws on the author's own experience and research and that of generations of investment professionals and academics to explain the fundamentals of investment strategy. Key features are therefore: Foreword by George Keane (founder and former president of Commonfund, won the first ever Lifetime Achievement Award from Foundation & Endowment Money Management) one of the icons of endowment fund management in the US Aimed at professional trustees An holistic approach to strategy Avoidance

Over the past decade, credit derivatives have emerged as the key financial innovation in global capital markets. At end 2004, the market size hit $6.4 billion (in notional amounts) from virtually nothing in 1995. This rise has been spurred by the imperative for banks to better manage their risks, not least credit risks, and the appetite shown by institutional investors and hedge funds for innovative, high yielding structured investment products. As a result, growth in collateralized debt obligations and other second–generation products, such as credit indices, is currently phenomenal. It is enabled by the standardization and increased liquidity in credit default swaps – the building block of the credit derivatives market. Written by market practitioners and specialists, this book covers the fundamentals of the credit derivatives and structured credit market, including in–depth product de*ions, analysis of real transactions, market overview, pricing models, banks business models. It is recommended r

Skilled at puncturing financial bubbles and otherdelusions of the Wall Street crowd, Burton Malkiel shows why abroad portfolio of stocks selected at random will match theperformance of one carefully chosen by experts. Taking a shrewdlook at the high-tech boom and its aftermath, Malkiel shows how tomaximize gains and minimize losses in this era of electronicbrokers, virtual gurus, and flashy investment vehicles. Learn howto analyze the potential returns, not only for stocks and bonds,but for the full range of investment opportunities, from moneymarket accounts and real estate investment trusts to insurance,home owning, and tangible assets like gold and collectibles. Decodethe rating game for mutual funds and discover the unique advantagesof index mutual funds over the wide range of riskier alternatives.Year in and year out the best investing guide money can buy, thisenhanced edition includes an update of Malkiel's famous "Life-CycleGuide to Investing," showing how to match an investment strategy toyour stag

Michael Edleson first introduced his concept of value averaging to the world in an article written in 1988. He then wrote a book entitled Value Averaging in 1993, which has been nearly impossible to find—until now. With the reintroduction of Value Averaging, you now have access to a strategy that can help you accumulate wealth, increase your investment returns, and achieve your financial goals. 作者简介： Michael E. Edleson is a Managing Director of Morgan Stanley and oversees the firm's equity risk globally. Prior to that, he was Chief Economist of NASDAQ and a finance professor at Harvard Business School. Edleson earned his PhD at MIT.

Structured Credit Products are one of today's fastest growing investment and risk management mechanisms, and a focus of innovation and creativity in the capital markets. The building blocks of these products are credit derivatives, which are among the most widely used products in finance. This book offers a succinct and focused de*ion of the main credit derivative instruments, as well as the more complex products such as synthetic collateralised debt obligations. The book features: Detailed product de*ions and analysis Case studies on US, European and Asian transactions Latest developments in synthetic structures. Written in an accessible style by an acclaimed author in the field of finance, this book is aimed at the entire banking, securitisation and fund management market.

Based on cutting-edge research by leading corporate critic Louis Lowenstein, The Investor’s Dilemma: How Mutual Funds Are Betraying Your Trust and What to Do About It reveals how highly overpaid fund sponsors really operate and walks you through the conflicts of interest found throughout the industry. Page by page, you’ll discover the real problems within the world of mutual funds and learn how to overcome them through a value-oriented approach to this market.

Half a million family trusts have already been set up in Australia-and the number is growing.Increasingly share and property investors and owners of small businesses are seeking to capitalise on the significant tax bensfits and other advantages family trusts can offer. In this fully revised second edittion of Leam More About Family Trusts Nick Renton analses all aspects of family trusts and other legal structures in his trademark plain english witing style he discusses: ownership of assets by individuals partnerships tursts and companies. the factors that will influence structre selection. holding assets in a superannuation fund and the costs of do-it-yourseolf super. planning for retirement including writing a will and granting power of attomey.

Activist hedge fund managers represent a small part of the $1.5 trillion hedge fund industry, but their approach is causing a stir among traditional managers and the investment community because they are shaking up the corporate establishment and making money for their investors. These types of managers are here to stay and Extreme Value Hedging tells the story of their rise to power in the U.S. and how they are spreading their influential gospel around the globe to places like China, Ukraine, South Korea and Sweden. Author Ronald D. Orol has a unique understanding of this world and through this book he shares his unparalleled insights in an easy to comprehend manner. He discusses everything from activist investor efforts to breakup the clubby insider world of corporate boardrooms to their deal-making or breaking pressure tactics and courtroom battles. Orol skillfully makes his case for each subject by offering revelations and examples from insiders like Ralph Whitworth, (Relational Investors), Guy Wyser-Prat

Hearing a lot about hedge funds lately but feel like you're in the weeds when it comes to understanding how they work? Learn all about these highly profitable and largely unregulated funds in Hedge Funds Demystified. Financial expert Scott Frush first explains the basics of hedge funds and how they are different from mutual funds. He then provides you with methods for evaluating hedge funds, strategies for low-, moderate-, and high-risk investing, and the steps you need to take to incorporate hedge funds into your portfolio. Featuring end-of-chapter quizzes and a final exam, this straightforward guide gives you the inside edge for investing in hedge funds.

It was Wall Street's toughest investment bank, taking risks where others feared to tread, run by testosterone-fuelled gamblers who hung a sign saying 'let's make nothing but money' over the trading floor. Yet in March 2008 the 85-year-old firm Bear Stearns was brought to its knees - and global economic meltdown began. With unprecedented access to the people at the eye of the financial storm, William Cohan tells the outrageous story of how Wall Street's entire house of cards came crashing down. 'Gripping ...high drama ...riveting, edge-of-the-seat reading' - Michio Kakutani, "The New York Times".

Since the first hedge fund was launched in 1949 by Alfred Winslow lones,the industry has grown impressively.In 2005 it reached the record size of 1.3 trillion dollars and 8000 hedge funds.Responsible for a big slice of the daily trading volumes of financial markets,hedge funds are among the top clients for brokers,given the level of trading fees they generate. The hedge fund world is a very heterogeneous one: there are hedge funds that encompass only a few people and those with trading floors bigger than soccer fields.The hedge fund world seems to be the place where the ability to generate positive uncorrelated returns resides,even though performances are not publicly disclosed. And still,this remarkable phenomenon is surrounded by an aura of mystery.Using real-life examples and case studies,this book provides an intensive learning experience,and helps readers understand the investment strategies of hedge funds showing them how they can invest to make money in an uncorrelated way with financial market

Being good with money is about geeing into good habitsand understanding the choices you can make．Written in plain English，this book gives you the confidence to plot where you r money goes，to know your limits，and to choose the right financial products for a wealthier futu re．Once you’ve sorted out your finances you’II get much more pleasu re from the money you spend and the money you save．

Innovative insights on creating models that will help youbecome a disciplined intelligent investor The pioneer of value investing, Benjamin Graham, believed in aphilosophy that continues to be followed by some of today's mostsuccessful investors, such as Warren Buffett. Part of thisphilosophy includes adhering to your stock selection process come"hell or high water" which, in his view, was one of the mostimportant aspects of investing. So, if a quant designs and implements mathematical models forpredicting stock or market movements, what better way to remainobjective, then to invest using algorithms or the quantitativemethod? This is exactly what Ben Graham Was a Quant will show youhow to do. Opening with a brief history of quantitative investing,this book quickly moves on to focus on the fundamental andfinancial factors used in selecting "Graham" stocks, demonstratehow to test these factors, and discuss how to combine them into aquantitative model. Reveals how to create custom screen

Filled with the insights of numerous experienced contributors, Structured Products and Related Credit Derivatives takes a detailed look at the various aspects of structured assets and credit derivatives. Written over a period spanning the greatest bull market in structured products history to arguably its most challenging period, this reliable resource will help you identify the opportunities and mitigate the risks in this complex financial market. 作者简介： Brian P. Lancaster is Head of Structured Products Research at Wachovia. Prior to joining Wachovia, Lancaster was a managing director (principal) in structured products at Bear, Stearns & Co. Inc. from 1990 to 2001. Glenn M. Schultz, MBA, is Managing Director and Head of ABS and Non-Agency Mortgage Research for Wachovia Capital Markets, LLC. Prior to joining Wachovia, Schultz was a managing director and head of residential ABS investment banking, managing the residential ABS and MBS businesses of the royal bank of Canada Financial