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Protect Your Wealth from the Ravages of Inflation: A Three-Step Method (Repost)

Posted By: bookwyrm
Protect Your Wealth from the Ravages of Inflation: A Three-Step Method (Repost)

Protect Your Wealth from the Ravages of Inflation: A Three-Step Method By Paul M. King
2011 | 146 Pages | ISBN: 1430238224 | EPUB | 4 MB


Protect Your Wealth from the Ravages of Inflation is for people who have financial assets to protect in an unpredictable, inflationary environment. Maybe you have tried traditional financial advice, financial planning, and passive investment management techniques and you’re still losing ground. Maybe you’re worried that by the time you need to use it, your retirement fund will be worth less than your total contributions. Maybe you believe that high inflation will significantly decrease your standard of living in the future. Maybe all of these issues apply to you. Don’t despair; help is at hand. 1. Ensure that your emergency fund will still have some purchasing power when you need it. Emergency funds sitting in checking accounts, or near-cash investments, will just be eaten away by inflation. There is a better way to give you access to the cash you need when you need it. This book shows you how. 2. Insulate you from significant changes in the strength of your home currency. If all your income and expenses are in a single currency like the U.S. dollar, you run a significant risk that your home-country currency will lose value. Currency risk in your income-purchasing power and working capital is often overlooked until it’s too late to do anything about it. This book deals with this issue and gives you easy-to-follow advice to protect the value of your money. 3. Generate a better risk-adjusted return in your investment accounts. Buying a basket of stocks and mutual funds and then performing the traditional “annual rebalancing of a diversified portfolio” just doesn’t generate the returns most people require from their investments. This book shows you simple, powerful, and sophisticated techniques you can use to manage your investment accounts more effectively—and without making it a full-time job. Protect Your Wealth from the Ravages of Inflation can’t guarantee that you will meet your financial goals, but it can guarantee that your odds of success will be significantly increased if you follow its advice. The book is aimed at people who have reached a level of financial stability and whose income is greater than monthly expenses. They have emergency cash, day-to-day working capital, and investment accounts (including retirement accounts) to protect and grow in a potentially inflationary environment. Although U.S. residents will be the primary focus, all the methods and techniques presented should be relatively straightforward to adapt to any country with a fiat currency.