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" Rigged money : "
Lee Munson.
Document Type
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BL
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Record Number
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670443
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Doc. No
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b499632
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Main Entry
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Munson, Lee.
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Title & Author
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Rigged money : : beating Wall Street at its own game /\ Lee Munson.
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Publication Statement
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Hoboken, N.J. :: Wiley,, c2012.
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Page. NO
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xvii, 204 p. :: ill. ;; 24 cm.
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ISBN
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1118099680 (hardback)
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: 9781118099681 (hardback)
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Notes
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Includes index.
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Abstract
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"Today's financial landscape and what Wall Street doesn't want you to knowRigged Money is based on one simple truth: Wall Street needs money from Main Street, not the other way around. The financial industry has convinced the general public that investing across different asset classes is the only way to protect wealth, but this is an outdated rule that no longer applies. Since asset classes--small caps, large caps, international investments, gold, and bonds--now overlap when it comes to risk and volatility parameters, the diversification effect is gone. That's exactly what Wall Street doesn't want you to know--that the rules of the game have changed. Risk Isn't Constant: Different asset classes, even equities and bonds, overlap when it comes to risk and volatility Strategies Are Key: Implementing an arsenal of trading strategies is what gets results, not the securities themselves Buy and Hold is Dead: The financial world (and all the companies and securities in it) moves too quickly and is changing too often for this theory to hold true today Gold is a Bubble About to Burst: Gold is today's currency of fear, and this fear--driven by media and talk show hosts--has created yet another bubble that is bound to burst An unflinching look at this new financial world, Lee Munson's Rigged Money arms today's investors with the simple, smart, and clear advice needed to level the playing field"--
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Subject
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Investments.
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Subject
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BUSINESS ECONOMICS / Finance.
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Subject
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Wall Street (New York, N.Y.)
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Dewey Classification
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332.6
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LC Classification
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HG4515.M865 2012
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NLM classification
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BUS027000bisacsh
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