Ignore the Hype, Financial Strategies Beyond the Media-Driven Mayhem by Perry, Brian -- Read -- Imperial Library of Trantor

Index

Cover Table of Contents Acknowledgments About the Author Preface Introduction Part I: Yes, the Game Is Rigged, But You Don't Have to Play

Chapter 1: The Times They Are a-Changin'

There Is a World of Difference Between Speculation and Investing So, Why Is It So Damn Hard to Ignore the Hype?! To Play, or Not to Play, That Is the Question Life at the Speed of Light Lower Transaction Costs Self-Directed Investing High-Frequency Trading The 24-Hour News Cycle Globalization The Rise of the Institutional Investor The Bottom Line

Chapter 2: Don't Play a Game That's Rigged

The Upward Path of Markets Asset Class Returns A Twist in the Plot Time in the Market versus Timing the Market Why Are Las Vegas Casinos So Nice? The True Cost of Sitting on the Sidelines Does Crisis Equal Opportunity?

Chapter 3: Guess What? A Forecast Is Just a Guess

But Forecasting Is Fun Economists Wall Street Analysts Media Pundits The Federal Reserve (the Fed) So, What's the Problem? The All-Star Team What Should You Do with Forecasts?

Part II: If You Don't Know Where You're Going, You Probably Won't Get There

Chapter 4: You Must Know What Drives Investment Returns

You Can Beat the Dealer, But Can You Beat the Market? It's Hard to Stand Above the Crowd in a Room Full of Tall People So, What's the Solution? Indexed Products A Rules-Based Approach Fundamental Factors for Success Stock Market Factors Bond Market Factors The Bottom Line on Factor Premiums

Chapter 5: You Must Have a Specific Financial Goal

Chapter 6: You Must Invest to Meet Your Goal

How Much Money Do You Want to Make? How Much Money Do You Need to Make? How Much Risk Should You Take? Sleeping on a Bed of Money Adding Some Stocks to the Mix Portfolio A Portfolio B What Portfolio Do You Want? Still Not Convinced? Enjoy Your Retirement!

Chapter 7: You Must Practice Smart Diversification

What Is Smart Diversification? You Don't Want to Be a Pig! Owning What You Know May Not Be Best It's a Big World Sometimes You're Trapped by Your Own Success Dealing with Concentrated Positions Smart Diversification Enhances Your Odds of Success Winning the Lost Decade

Chapter 8: You Must Learn How You'll Be Taxed

But First, the Hype And Now, the Truth Income Taxes: A Quick Primer Are Taxes Going Higher? Tax Diversification Do You Know Who Your Partner Is? As If That's Not Enough … What's Certain in Life?

Part III: Just Because You're Paranoid Doesn't Mean They Aren't Out to Get You

Chapter 9: How to Avoid the Taxman Without Going to Jail

Building Your Tax-Free Pool of Money Accelerating the Flow of Funds to Your Tax-free Pool Building Your Taxable Pool of Money Do You Want to Keep More of What You Make?

Chapter 10: Sorry, But You're Probably Your Own Worst Enemy

Tales Your Parents Told You Anchoring Confirmation Bias Overconfidence Bias Herd Behavior Framing Bias Hindsight Bias Self-attribution Bias Myopic Loss Aversion

Chapter 11: FYI, the Media Doesn't Care If You Make Money

But Then There's the Media … Did Black Monday Spell Doom for Investors? What Side of the Aisle Are You On? Would You Hitch Your Family's Future to the Circus?

Chapter 12: Avoid the Wolf in Sheep's Clothing

Does It Pass the Sniff Test? Who's Got Your Back? Focus on Minimizing Unnecessary Fees Is What You're Buying Even an Investment? Drowning in a Sea of Complexity Do You Even Know What You're Buying? But My “Regular” Bonds Are Free from Commissions, Right? What Are You Using Derivatives For? Market Voodoo (AKA Technical Analysis) Let Me “Sell” You an Annuity… Now, Let Me “Explain” an Annuity… The Bottom Line

Chapter 13: How to Survive a Bear Attack

Prepare for the Bear Risk Capacity versus Risk Tolerance Rebalance to Stay on Course Buy-and-Hold Investing Buy-and-Forget Investing So, What Do You Do When Market Valuations Are Extreme? Does What Gets Measured Get Improved? Ready for Some Good News? A Better Life

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