Least Risk Investing: More Wealth, Less Worry, Greater Confidence Michael L. Gay

ISBN: 9781475943597

Published: November 1st 2012

Hardcover

212 pages


Description

Least Risk Investing: More Wealth, Less Worry, Greater Confidence  by  Michael L. Gay

Least Risk Investing: More Wealth, Less Worry, Greater Confidence by Michael L. Gay
November 1st 2012 | Hardcover | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 212 pages | ISBN: 9781475943597 | 5.53 Mb

While investing theories introduced decades ago have been repeatedly validated and have stood the test of time, our understanding of the financial markets has made huge advances in recent years. To benefit from these advances, however, most investorsMoreWhile investing theories introduced decades ago have been repeatedly validated and have stood the test of time, our understanding of the financial markets has made huge advances in recent years.

To benefit from these advances, however, most investors will need to unlearn much of what they think they know about investing. They will also need to learn to ignore most of the wisdom that spews from the hallowed halls of Wall Street, its salesmen posing as advisors, and its agents in the media.Contrary to popular wisdom, investing isnt about P/E ratios, or technical patterns, or momentum plays, or 5 star ratings, or the latest conflict in the Middle East.

Investing is about probabilities and statistics: Its about maximizing the probability of meeting the goals you have set for the only life you have to live on this planet- its about avoiding the (many) risks that have negative expected payoffs- and its about exposing yourself only to those risks that have positive expected payoffs - and then, only to the extent that taking those risks buys you something of value (like a secure retirement, or a cabin in the woods).In investment management, there IS a right answer.

There IS a best way to invest. There IS a proven methodology based on objective research which can vastly improve your odds of investment success. Most who take the time to review the research will significantly increase the probability of achieving their most valued financial goals, significantly decrease the level of risk in their portfolios and, ultimately, get more out of this grand experiment called life.



Enter the sum





Related Archive Books



Related Books


Comments

Comments for "Least Risk Investing: More Wealth, Less Worry, Greater Confidence":


profoundhistory.com

©2011-2015 | DMCA | Contact us