People can no longer rely on company pension plans to provide them
with a secure future. Increasingly, investors have to make tough
investment decisions on their own or pay someone to do it for them.
But where does one start?
There is certainly no shortage of commentators, salespeople, and
data available about what you should do. Yet, it can be
contradictory and overwhelming. What Kind of an Investor Are You?
cuts through all of that and allows you to figure out what is best
for you. Should you be doing this on your own, or should you hire a
financial advisor? This book will help you formulate the best plan
for you-one that you will be comfortable with, one that will allow
you to achieve your financial goals.
The book begins by telling readers what they really need to know
about investment fundamentals, mutual funds, and investment
psychology. Armed with this background, readers can then go on to
consider the pros and cons of investment in actively managed mutual
funds, individual securities, and index products. The important
topics of asset allocation-such as how much risk should be taken
on-and saving for retirement are also discussed, as well as the
roles of money personality and investment temperament and how these
factors relate to the do-it-yourself decision.
Each copy of the book will be inscribed with a code that will
allow every reader to access up-to-date online models and tools to
aid them in building a completely personalized financial plan.