The Gone Fishin' Portfolio: Get Wise, Get Wealthy...and Get on With Your Life

by Alexander Green, Steve Sjuggerud (Foreword by)

Overview

Many of us have been conditioned to believe that investing is too difficult and time-consuming to attempt on our own. With so many products to choose from and so many risks involved, a financial "professional" is the only person qualified to handle the money you'll retire on some day, right? The truth is, no one cares more about your money than you do. And with a basic understanding of the investment process and the time-tested strategy offered here, you can successfully manage your own portfolio in less than twenty minutes a year.

In The Gone Fishin' Portfolio, author Alexander Green details an effective yet simple approach to investing that embraces the uncertainty of financial markets, and reveals how you can generate exceptional results during both good times and bad. Page by page, you'll discover how the "Gone Fishin' Portfolio" will allow you to earn superior returns, reduce risk, minimize taxes, and eliminate Wall Street's mountain of fees.

Divided into three comprehensive partsa??Get Wise, Get Wealthy, and Get on with Your Lifea??this reliable resource:

• Discusses the relationship between risk and reward in financial markets, and reveals how the investment industry really works
• Unveils the "Gone Fishin' Portfolio," addresses why it's arguably the safest and simplest way to reach your long-term financial goals, and explores the financial and psychological challenges you're likely to face in the years ahead
• Examines what it means to take your financial destiny into your hands and, at the same time, reclaim your most precious resourcea??your time

The "Gone Fishin' Portfolio" is based on an investment strategy that won a Nobel Prize in economics. Yet setting it up is a snap and maintaining it is even easier. You'll need less than twenty minutes a year.

The philosophy behind the "Gone Fishin' Portfolio" is based on the best investment thinking available. Investors who have put their money to work this way have enjoyed years of market-beating returns while taking far less risk than being fully invested in stocks. The "Gone Fishin' Portfolio" will allow you to reach your most important investment goals, beat Wall Street at its own game, and achieve the financial independence you deserve.

Product Details

ISBN-13:	9780470437728
Publisher:	Wiley
Publication date:	09/16/2008
Series:	Agora Series , #12
Sold by:	JOHN WILEY & SONS
Format:	eBook
Pages:	256
File size:	2 MB

About the Author

ALEXANDER GREEN is the Investment Director of The Oxford Club, Chairman of Investment U, and the Editor of Spiritual Wealth. He has been featured on Oprah & Friends, CNBC, Fox News, and The O'Reilly Factor, and has been profiled in the Wall Street Journal, BusinessWeek, Forbes, Kiplinger's Personal Finance, and many other publications. He is the author of the bestselling title The Secret of Shelter Island (Wiley).

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Table of Contents

Foreword vii

Preface xi

Acknowledgments xxi

Part I Get Wise 1

Introduction 3

Chapter 1 The Unvarnished Truth About Your Money 9

Chapter 2 The First Step on the Road to Financial Freedom 15

Chapter 3 Change Your Mindset, Change Your Life 25

Chapter 4 Why Some Investors Succeed … But Most Don't 33

Chapter 5 Why Manage Your Own Money? 47

Chapter 6 Know What You Don't Know 57

Part II Get Wealthy 65

Chapter 7 Common Stocks: The Greatest Wealth Creators of All Time 67

Chapter 8 Don't Buy What Wall Street Is Selling 81

Chapter 9 Your Single Most Important Investment Decision 93

Chapter 10 The Gone Fishin' Portfolio Unveiled 111

Chapter 11 The ETF Alternative 141

Chapter 12 Why the Gone Fishin' Portfolio Is Your Best Investment Plan 151

Chapter 13 How to Legally Stiff-Arm the IRS 161

Part III Get On with Your Life 169

Chapter 14 The Last Two Essentials 171

Chapter 15 Your Most Precious Resource 179

Afterword 193

Appendix A Vanguard Funds 199

Appendix B ETFs 241

About the Author 257

Index 259

Editorial Reviews

"… business leaders in charge of company 401(k) plans might want to look at The Gone Fishin' Portfolio…without non-correlated investments, workers will never be able to protect themselves from the craziness we call 'Wall Street.'" (The Wall Street Journal, September 26, 2008)

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