How a Second Grader Beats Wall Street: Golden Rules Any Investor Can Learn
Investing is simple, but never easy. We carry a lot of investment baggage, including hot tips from friends and thefinancial media, as well as complicated financial recommendations from Wall Street "experts." Yet the biggest obstacle we face is the tendency to outsmart ourselves.

In order to overcome this obstacle, you need to follow straightforward strategies that will consistently push yourportfolio ahead of the pack by an additional 3 to 4percent annually. These are strategies that work in upmarkets and especially in times of market crisis and panic. Most importantly, these strategies are basic enough for even a kid to understand.

In How a Second Grader Beats Wall Street, you'll follow the story of Kevin Roth—an eight-year-old who was schooled in simple approaches to sound investing byhis father, seasoned financial planner Allan Roth—and discover exactly how simple it can be to become a successful investor. Page by page, you'll learn how to create a portfolio with the widest diversification and lowest costs; one that can move up your financial freedom by a decade and dramatically increase your spending rate during retirement. And all this can be accomplished by using some commonsense techniques.

Along the way, Kevin and his dad discuss fresh, new approaches to investing, and detail some tried-and-true but lesser-known approaches. They also take the time to debunk the financial myths and legends that many of us accept as true and show you what it really takes to build long-term wealth with less risk. You'll also learn how not to confuse the unlikely with the impossible.

Whether you're young or young-at-heart, the straight-talking advice found here will help you:

  • Design a portfolio composed of a few basic building blocks that can be "tweaked" to fit your personal needs

  • Go beyond indexing, which owns the entire market, and actually beat the market

  • Reengineer your portfolio to stop needlessly paying taxes

  • Increase your return, regardless of which direction the market goes, by picking the "low-hanging fruit" we all have in our portfolios

  • And so much more

Engaging and insightful, How a Second Grader Beats Wall Street takes you through Kevin Roth's real-life story, while driving home key strategies and tools you can implement in your own portfolio. With just a little time and a little work, you can become abetter investor. With this book as your guide, you'll discover how a simpler approach to today's markets can put you on the path to financial independence.

For more information, visit SecondGraderPortfolio.com.

1100296964
How a Second Grader Beats Wall Street: Golden Rules Any Investor Can Learn
Investing is simple, but never easy. We carry a lot of investment baggage, including hot tips from friends and thefinancial media, as well as complicated financial recommendations from Wall Street "experts." Yet the biggest obstacle we face is the tendency to outsmart ourselves.

In order to overcome this obstacle, you need to follow straightforward strategies that will consistently push yourportfolio ahead of the pack by an additional 3 to 4percent annually. These are strategies that work in upmarkets and especially in times of market crisis and panic. Most importantly, these strategies are basic enough for even a kid to understand.

In How a Second Grader Beats Wall Street, you'll follow the story of Kevin Roth—an eight-year-old who was schooled in simple approaches to sound investing byhis father, seasoned financial planner Allan Roth—and discover exactly how simple it can be to become a successful investor. Page by page, you'll learn how to create a portfolio with the widest diversification and lowest costs; one that can move up your financial freedom by a decade and dramatically increase your spending rate during retirement. And all this can be accomplished by using some commonsense techniques.

Along the way, Kevin and his dad discuss fresh, new approaches to investing, and detail some tried-and-true but lesser-known approaches. They also take the time to debunk the financial myths and legends that many of us accept as true and show you what it really takes to build long-term wealth with less risk. You'll also learn how not to confuse the unlikely with the impossible.

Whether you're young or young-at-heart, the straight-talking advice found here will help you:

  • Design a portfolio composed of a few basic building blocks that can be "tweaked" to fit your personal needs

  • Go beyond indexing, which owns the entire market, and actually beat the market

  • Reengineer your portfolio to stop needlessly paying taxes

  • Increase your return, regardless of which direction the market goes, by picking the "low-hanging fruit" we all have in our portfolios

  • And so much more

Engaging and insightful, How a Second Grader Beats Wall Street takes you through Kevin Roth's real-life story, while driving home key strategies and tools you can implement in your own portfolio. With just a little time and a little work, you can become abetter investor. With this book as your guide, you'll discover how a simpler approach to today's markets can put you on the path to financial independence.

For more information, visit SecondGraderPortfolio.com.

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How a Second Grader Beats Wall Street: Golden Rules Any Investor Can Learn

How a Second Grader Beats Wall Street: Golden Rules Any Investor Can Learn

by Allan S. Roth
How a Second Grader Beats Wall Street: Golden Rules Any Investor Can Learn

How a Second Grader Beats Wall Street: Golden Rules Any Investor Can Learn

by Allan S. Roth

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Overview

Investing is simple, but never easy. We carry a lot of investment baggage, including hot tips from friends and thefinancial media, as well as complicated financial recommendations from Wall Street "experts." Yet the biggest obstacle we face is the tendency to outsmart ourselves.

In order to overcome this obstacle, you need to follow straightforward strategies that will consistently push yourportfolio ahead of the pack by an additional 3 to 4percent annually. These are strategies that work in upmarkets and especially in times of market crisis and panic. Most importantly, these strategies are basic enough for even a kid to understand.

In How a Second Grader Beats Wall Street, you'll follow the story of Kevin Roth—an eight-year-old who was schooled in simple approaches to sound investing byhis father, seasoned financial planner Allan Roth—and discover exactly how simple it can be to become a successful investor. Page by page, you'll learn how to create a portfolio with the widest diversification and lowest costs; one that can move up your financial freedom by a decade and dramatically increase your spending rate during retirement. And all this can be accomplished by using some commonsense techniques.

Along the way, Kevin and his dad discuss fresh, new approaches to investing, and detail some tried-and-true but lesser-known approaches. They also take the time to debunk the financial myths and legends that many of us accept as true and show you what it really takes to build long-term wealth with less risk. You'll also learn how not to confuse the unlikely with the impossible.

Whether you're young or young-at-heart, the straight-talking advice found here will help you:

  • Design a portfolio composed of a few basic building blocks that can be "tweaked" to fit your personal needs

  • Go beyond indexing, which owns the entire market, and actually beat the market

  • Reengineer your portfolio to stop needlessly paying taxes

  • Increase your return, regardless of which direction the market goes, by picking the "low-hanging fruit" we all have in our portfolios

  • And so much more

Engaging and insightful, How a Second Grader Beats Wall Street takes you through Kevin Roth's real-life story, while driving home key strategies and tools you can implement in your own portfolio. With just a little time and a little work, you can become abetter investor. With this book as your guide, you'll discover how a simpler approach to today's markets can put you on the path to financial independence.

For more information, visit SecondGraderPortfolio.com.


Product Details

ISBN-13: 9780470455166
Publisher: Wiley
Publication date: 03/16/2009
Sold by: JOHN WILEY & SONS
Format: eBook
Pages: 304
File size: 3 MB

About the Author

About The Author
Allan S. Roth is the founder of Wealth Logic, LLC, a boutique financial planning and investment advisory firm that presently advises on $500 million in assets for 100 clients. Roth is an adjunct finance faculty member at Colorado College and teaches behavioral finance at the University of Denver's Graduate Tax Institute. He is an expert in portfolio construction and performance benchmarking.

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Table of Contents

Foreword.

Acknowledgments.

Introduction: The Seeds of Financial Success.

Chapter 1 The Claw Will Take Your Money: "10 – 2 = 8".

Chapter 2 Own the World: "Don't Put All of Your Eggs in One Basket".

Chapter 3 The Advantage of Having Wall Street Marketing Blinders (and Where Can I Get Some?): "I Don't Watch Cramer; I Like SpongeBob".

Chapter 4 Adults Behaving Badly: "Don't Act Silly When Something Is Important".

Chapter 5 Can You Beat a Second Grader's Portfolio?: "I'm Not Going to Win All Three Spins".

Chapter 6 Beyond the Second-Grader Portfolio: "If Dad Says There's a Better Way, I Might Try It, but I'm Not So Sure".

Chapter 7 Bonds—Your Portfolio's Shock Absorber: "Don't Lend Money to Someone Who Won’t Pay You Back".

Chapter 8 Better Than Bonds: "If the Teacher Promises You’ll Be Paid Back, Then It's Okay to Lend Randy Money".

Chapter 9 Simply Brilliant or Brilliantly Simple—Building Your Portfolio: "Don't Bet Your Lunch Money".

Chapter 10 Investors Who Love to Pay Taxes, and the IRS Who Loves Them: "Don't Pay Taxes If You Don't Have To".

Chapter 11 Nightmare off Wall Street—The Scary Tale of Trick-or-Treat Investing: "If the Game Is Too Hard to Understand, I'm Not Playing".

Chapter 12 Increase Your Return No Matter What the Market Does: "If You Pick the Low-Hanging Fruit, You Don't Have to Climb the Tree".

Chapter 13 Keep It Simple, Stupid (KISS): "Why Do Grownups Have to Make Things So Complicated?"

Kevin's Postscript.

Notes.

About the Author.

Index.

What People are Saying About This

From the Publisher

‘…one financial insider’s efforts to create another financial insider from scratch. This book has charm and intelligence in spades.’(Accounting Technician, January 2011).


“If you’d like to learn more about what makes good (and simple) investing, Roth’s 2009 book, How a Second-Grader Beats Wall Street, is a good start and a must for any index investor’s library.”
Scott Burns, AssetBuilder

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