Are You a Stock or a Bond? Create Your Own Pension Plan for a Secure Financial Future

$27.99

Traditional corporate pensions are disappearing, Social Securitys sustainability is in question, health care costs are skyrocketing, and society is dumping more and more financial risk squarely onto your shoulders. This book comes to your rescue.

Add to Wishlist
Add to Wishlist
SKU: 8110 Category:

Description

 
By Moshe A. Milevsky, Ph.D.
 
Traditional corporate pensions are disappearing, Social Securitys sustainability is in question, health care costs are skyrocketing, and society is dumping more and more financial risk squarely onto your shoulders.
 
In light of all those developments, this book helps you comprehensively integrate all the opportunities and risks in your life: your career risks, your portfolio risks, your housing risks, and even your personal inflation and longevity risks that could lead you to financial regret and a ruined retirement.
 
Then, the author introduces a powerful, new framework for thinking about and managing your financial future that you can use to systematically reduce your vulnerability to each of these risks and, thus, generate long-term financial security.
 
To maximize your investment returns and protect yourself and your family, you must learn to think of yourself as a small company, with assets, liabilities, a balance sheet, an income statement, and real shareholder equity.
 
The composition and choices you make with your financial capital should reflect the nature and security of your career or job, which is your unique human capital.
 
So, for example, if You, Inc. is like a stock, make sure your retirement savings are tilted toward bonds. If your job is more secure and You, Inc. is essentially a bond, then make sure your retirement savings are tilted toward stocks.
 
Get personal with your investments and make your financial capital serve and protect your human capital. Factoring in your unique human capital adds a new dimension to financial planning which is a critical next step for sound and effective investing.
 
208 pages. Hardcover. 2008.
 
0311

Reviews

There are no reviews yet.

Be the first to review “Are You a Stock or a Bond? Create Your Own Pension Plan for a Secure Financial Future”

Your email address will not be published. Required fields are marked *