The Wall Street Journal Guide to the New Rules of Personal Finance: Essential Strategies for Saving, Investing, and Building a Portfolio in a World Tu - Paperback

by Dave Kansas (Author)

From the world's most respected business publication comes the definitive guide to the new, ever-changing landscape of personal finance. The Wall Street Journal Guide to the New Rules of Personal Finance is an essential tool for anyone looking for sound financial advice in a world where everything you thought you knew about saving, managing risk, and constructing a portfolio has been turned upside-down. In the aftermath of the most severe economic downturn since the Great Depression, The Wall Street Journal Guide to the New Rules of Personal Finance is the navigator every investor needs to thrive in a still uncertain financial climate.

This essential guide delivers a practical, post-crisis playbook for rebuilding your wealth:

• Retirement Planning: Learn why your 401(k) is only the beginning and discover strategies for IRAs, insurance, and annuities to secure your future.
• True Diversification: Move beyond a stock-centered portfolio by learning how to invest in commodities, overseas markets, and other asset classes for real-world protection.
• A New Approach to Real Estate: Understand the most important new rule--your house should be a home, not an ATM--and make smarter decisions about your biggest asset.
• The Power of Thrift: Master the art of budgeting, eliminating credit card debt, and building a rainy-day fund as the foundation for lasting wealth.

Front Jacket

Everything you thought you knew about saving, managing risk, and securing your financial future has changed.

The world is very different in the wake of the biggest financial crisis since the Great Depression. Retirement accounts have been eviscerated, risk appetites diminished, and questions raised about age-old personal finance strategies such as buy and hold and the efficacy of relying heavily on stock mutual funds.

In The Wall Street Journal Guide to the New Rules of Personal Finance, Dave Kansas offers guidelines for understanding the new regulations for finance firms, the rising importance of international investing, and the very different environment that now exists for home buyers. With valuable chapters on debt reduction, diversification, retirement planning, real estate, commodities, and other vital topics, this essential volume is designed to help the individual determine which tenets of an investing strategy remain sound and which deserve re-examination. It is the ultimate guide to profitably investing your money in a world that has fundamentally changed.

Back Jacket

Everything you thought you knew about saving, managing risk, and securing your financial future has changed.

The world is very different in the wake of the biggest financial crisis since the Great Depression. Retirement accounts have been eviscerated, risk appetites diminished, and questions raised about age-old personal finance strategies such as "buy and hold" and the efficacy of relying heavily on stock mutual funds.

In The Wall Street Journal Guide to the New Rules of Personal Finance, Dave Kansas offers guidelines for understanding the new regulations for finance firms, the rising importance of international investing, and the very different environment that now exists for home buyers. With valuable chapters on debt reduction, diversification, retirement planning, real estate, commodities, and other vital topics, this essential volume is designed to help the individual determine which tenets of an investing strategy remain sound and which deserve re-examination. It is the ultimate guide to profitably investing your money in a world that has fundamentally changed.