Rigged Money: Beating Wall Street at Its Own Game

Rigged Money: Beating Wall Street at Its Own Game

Lee Munson

Today's monetary panorama and what Wall highway does not wish you to know

Rigged Money is predicated on one basic fact: Wall road wishes cash from major highway, now not the opposite direction round. The monetary has confident most people that making an investment throughout diversified asset periods is the one technique to safeguard wealth, yet this is often an superseded rule that now not applies.

Since asset classes—small caps, huge caps, foreign investments, gold, and bonds—now overlap in terms of threat and volatility parameters, the diversification impact is long gone. that is precisely what Wall road does not wish you to know—that the foundations of the sport have changed.

  • Risk isn't really consistent: Pie charts lie in terms of effectively describing the chance of shares and bonds
  • Dividends are not any Silver Bullet: they're designed to attract traders instead of to extend a company's price or your internet worth
  • Buy and carry is lifeless: The monetary international (and the entire businesses and securities in it) strikes too fast and is altering too frequently for this thought to carry precise today
  • Gold isn't really an funding: Gold is modern day forex of worry, and this worry is pushed via escalating govt debt

An unflinching examine this new monetary international, Lee Munson's Rigged Money palms modern day traders with the straightforward, clever, and transparent recommendation had to point the enjoying field.

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