The Money Compass by Grimaldi, Mark -- Read -- Imperial Library of Trantor

Index

Cover Contents Title Copyright Dedication Preface Acknowledgments Chapter 1: Introduction

The Fourth Branch: K Street Government More Income Tax and More Debt, Too Monetization of the Debt: Say What? The Last Biggie: Repeal of Glass-Steagall and Gamblers Gone Wild Summary References

Chapter 2: Greenspan and the Growing Bubble

Simple Plans Often Become Complicated Moving On . . . The 36-Day Election My Takeaway Is More than Fries Summary Reference Notes

Chapter 3: Drop the “U” Out of “Housing” and You Get What America Got

2000 to 2006: The Perfect Storm Oops, Almost Made It 2007: All Fall Down 2008: The Year of Reckoning The Fat Lady Sings: “It’s Not Over” 2009 to 2012: The Road to Recovery? Looking Ahead 50-Year Mortgages What to Do Next? Let’s Buy a House Summary Reference Notes

Chapter 4: Credit Cards

The New Law Let’s Skip a Payment The Contract How Is That Interest Rate Figured? The Credit Card Tax Tipping a Hat to Debit Cards Getting Back Summary Notes

Chapter 5: Who Are Target-Date Retirement Funds Targeting?

A Ticking Time Bomb The Dawdling SEC What Can You Do?

Chapter 6: Four-Oh-One-Kay Tales

The Truth about Your 401(hey)! Meet Mr. Uninformed and Mrs. Navigator Mr. Uninformed and Mrs. Navigator, 10 Years Later A Little More Sizzle One Exception Four Reasons to Invest in After-Tax Accounts Summary

Chapter 7: Exchange-Traded Funds

Is Mr. Bogle “Indexing” the Problem? What Is an Index Fund? Why Invest in an Index Fund? Giving Up Downside Protection Giving Up the Ability to Lock In Profits Why Not Buy and Hold? So What’s Wrong with ETFs? How Much Should You Pay for an ETF Trade? The Benefits of Professionally Managed ETFs Ranking ETFs the Grimaldi Way Summary Note

Chapter 8: Who Took My Money Now?

The Feds and State Government The Vendors School Administrators, Relatives, and Cronies The Boosters Teachers, Sex, Unions, Drugs, and More Fraud Parents Students So What Are You and Yours Losing? Are There Choices? Summary Notes

Chapter 9: Staying Poor in America

Rich or Poor? What Else? Business Models Have Changed Our Way of Earning a Living Other Factors Making Americans Poor Spend It if You Got It or Pretend to Be Rich Until You Are Poor Governmental Solutions Private Solutions Summary Notes

Chapter 10: The Federal Debt Bomb

Government Choices and Me What Am I Going to Lose in These Policy Choices? So How Do I Keep from Losing My Shirt—or at Least Survive an Inflationary Environment? Summary Notes

Chapter 11: Navigating the 2014 Recession

Beginnings Behind the Accolades—Accurate Forecasting The 2014 Recession Recession Rules to Live By Navigate Carefully

Appendix: The Grimaldi Forecasts

January 2008 Navigator Newsletters February 2008 Navigator Newsletters March 2008 Navigator Newsletters June 2008 Navigator Newsletters November 2008 Navigator Newsletters May 2009 Navigator Newsletters

Chapter 12: Changing Job Patterns and You

How Could This Happen? Did You Leave the Middle Class on Purpose? The Job Recovery from the Great Recession Societal and Economic Effects A Possible Solution? Summary Notes

Chapter 13: Gratuity Government

Taker Trends: Get Wise and Do Less for Yourself Entrance to the Land of the Takers Transfer Payments and a Hypothetical Monthly Budget Summary Notes

About the Authors Index