Category Books

Wealth Building for Professionals: It's Never Too Early to Plan for Your Retirement but It Can Be Too Late »

Authors: Julien P. Ayotte
ISBN-13: 9781583740293, ISBN-10: 1583740295
Format: Paperback
Publisher: Chicago Spectrum Press
Date Published: January 2001
Edition: (Non-applicable)

Author Biography: Julien P. Ayotte

Book Synopsis

	Introduction	5
Chapter 1	Your Retirement Planning Should Have Started Yesterday	14
	Who Controls Your Destiny?	14
	There Is No Foolproof Method To Getting Rich Quick	15
	Risk/Reward	15
	Safe-And-Sound Treasury Bond	16
	Five Key Risks To Watch	17
	Tolerance For Risk	20
	Life Cycle Investing	22
Chapter 2	When will You be Able to Retire?	23
	Some Of The Myths About Retirement Returns	24
	Are Your Expectations of the Stock Market Realistic?	26
	Understanding the History of the Stock Market	27
	Liquidity	28
	So How Much Do I Need in Retirement?	28
	So How Far Does $1 million go?	30
	It's Time to Start Saving	31
Chapter 3	Who Controls Your Investments?	33
	Mutual Funds Securities	35
Chapter 4	Choices in the Investment World	38
	Non-marketable Financial Assets	38
	Marketable Financial Assets	39
	Capital Market--Stocks and Bonds	40
Chapter 5	Management and Your Portfolio	48
	Active or Passive Investing	48
	MMCP: Management, Marketing, Capitalization and Product	50
	Dope	53
	Better is Better	54
	Signs of Good Management	55
Chapter 6	Investing in Common Stocks	58
	Are Stocks Equally Risky?	58
	When is the Best Time to Buy Stocks?	59
	The Statistics Over 70 Years	60
	The Importance and Benefits of Asset Allocation	61
	Life Cycle Investing	61
	Personal tolerance for risk	62
	Why Asset Allocation?	63
	How to Survive the Stock Market's Ups and Downs	65
Chapter 7	Conventional Wisdom	67
	Advice from a Stockbroker	67
	Ideas of Typical Investors	68
	Bear Market 101	69
	Fundamentals Don't Lie	72
Chapter 8	Qualified Retirement Plans	73
	Contributing to Traditional IRA vs. Roth IRA	86
Chapter 9	Professionals Leave the Financing to the Banks	88
	Collections	88
	Owning a Building vs. Renting Space	90
	Failing to Succeed	91
	Endnotes	93