The Little Book of Bulletproof Investing: Do's and Don'ts to Protect Your Financial Life
Investing do's and don'ts from some of the most recognizable voices in personal financeIt's been a tough year for investors. Many have seen their retirement accounts dwindle dramatically and are looking for a safe way to protect what they have and make back some of what they've lost. That's why the bestselling author team of Ben Stein and Phil DeMuth have createdThe Little Book of Bulletproof Investing.When you invest, there are essential things you should do and many things you shouldn't.The Little Book of Bulletproof Investingaddresses this issue and shows you how to utilize the fundamentals of finance to achieve success in today's market. This practical guide contains proven advice on navigating today's treacherous financial landscape and will put you in a better position to make more informed investment decisions.Includes street-smart advice for the individual investor uncertain about their investment and retirement portfoliosWritten by a experienced team of bestselling authors whose investment advice is accessible to everyoneOutlines the steps you must take to protect yourself from the financial calamities of modern lifeThe Little Book of Bulletproof Investingoffers quick, easy-to-follow, and entertaining advice for anyone looking to get back on the right investment track.Do’s & Don’ts to Protect Your Financial Life•DON’Tassume that just because you are capable of managing your finances by yourself you will be better off in the long run if you do.•DOtrade as infrequently as possible.•DON’Tgive any weight to market forecasts. All opinion pro and con is already built into the price of equities today.•DObuy and hold; don’t buy and sell.•DON’Tassume that because you own a bunch of different-sounding mutual funds your investments are diversified.•DOdiversify globally with your stock and bond holdings.•DON’Tbuy into a red-hot real estate market.•DOpark assets where they will suffer the least at the hands of the taxman.•DON’Ttake Social Security as soon as you are eligible. It often pays to delay.•DOpostpone retirement as long as possible. The safest time to retire isnever.