Description
In How a Second Grader Beats Wall Street, you'll follow the story of Kevin Roth, an eight-year-old who was schooled in simple approaches to sound investing by his father, seasoned financial planner Allan Roth, and discover exactly how simple it can be to become a successful investor. Page by page, you'll learn how to create a portfolio with the widest diversification and lowest costs; one that can move up your financial freedom by a decade and dramatically increase your spending rate during retirement. And all this can be accomplished by using some common sense techniques.
Along the way, Kevin and his dad discuss fresh, new approaches to investing, and detail some tried-and-true, but lesser known approaches. They also take the time to debunk the financial myths and legends that many of us accept as true, and show you what it really takes to build long-term wealth with less risk.
- Discusses how to design a portfolio composed of a few basic building blocks that can be tweaked to fit your personal needs
- Addresses how you can reengineer your portfolio in order to stop needlessly paying taxes
- Reveals how you can increase returns, regardless of which direction the market goes, by picking the low-hanging fruit we all have in our portfolios
With just a little time and a little work, you can become a better investor. With this book as your guide, you'll discover how a simpler approach to today's markets can put you on the path to financial independence.
Author: Allan S. Roth
Publisher: Wiley
Published: 01/25/2011
Pages: 304
Binding Type: Paperback
Weight: 0.61lbs
Size: 8.10h x 5.10w x 0.80d
ISBN13: 9780470919033
ISBN10: 0470919035
BISAC Categories:
- Business & Economics | Personal Finance | Investing
- Business & Economics | Investments & Securities | General
About the Author
Allan S. Roth is the founder of Wealth Logic, LLC, a boutique financial planning and investment advisory firm that presently advises on $500 million in assets for 100 clients. Roth is an adjunct finance faculty member at Colorado College and teaches behavioral finance at the University of Denver's Graduate Tax Institute. He is an expert in portfolio construction and performance benchmarking.