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Investing for the Financially Challenged
How to Become Rich Using Your Bankers Money
by Walter Updegrave
List Price: 13.99


Paperback: 259 pages
Publisher: Warner Books; First Printing June 1999 (June 01 1999)
Costumer Rating: Costumer rating

Read an Excerpt

Chapter 1: The Deep, Dark Mysteries of Investing Revealed
If phrases like 'pre-refunded municipal funds' and 'collateralized mortgage obligations' make your eyelids feel like they weigh a ton, this book is for you. A solid, concise primer that recognizes your fears, cuts through the jargon

Chapter 1: Mysteries of Investing Revealed, Part 2
Put these two tendencies together, and you get a phenomenon that Schlomo Benartzi of the University of California and University of Chicago's Richard Thaler call myopic loss aversion- loosely translated as being overly concerned with short-term setbacks.



Book Description

If you think Ginnie and Fannie Maes are Southern belles... covering shorts is about underwear...and a tender offer is something you give to Ginnie or Fannie, you need... Investing For The Financially Challenged

If phrases like "pre-refunded municipal funds" and "collateralized mortgage obligations" make your eyelids feel like they weigh a ton, this book is for you. A solid, concise primer that recognizes your fears, cuts through the jargon, and steers you away from double-talking "pundits," Investing For The Financially Challenged is brought to you by one of Wall Street's most informed and easily understood experts, Walter Updegrave, a senior editor at Money magazine. Updegrave gives you the kind of sound advice your mother would have given you (Eat your vegetables, wear a hat in the sun, and build a diversified portfolio.)...all the while putting you squarely on the road to financial stability, security, and freedom.

About the Author

Walter UpdegraveWalter Updegrave

Many financial experts trace their interest in money to a gift of stock or mutual fund shares they received as a birthday or high-school graduation gift. Not me. No one in my family owned stock or mutual funds, let alone had enough to give away. My route to writing about investing was a bit more indirect.

I first became interested in money when I realized I didn't have any.

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