Download or read book Hazardous to Our Wealth written by Frank Ackerman and published by South End Press. This book was released on 1984 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This clear, readable primer on the economic debates of the 1980s is an invaluable tool for those seeking to understand the supply-side, military Keynesian, and monetary policies of the Reagan era and their continuing influence today. Its call for putting "people before profits" is a compelling rejoinder to the neo-Reaganism of the Clinton administration.
Download or read book Wealth Hazards written by and published by . This book was released on 2009-06-01 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: What's a Wealth Hazard? Basically, it's a risk or a threat to your financial health.
Download or read book Toxic Wealth written by Orla Cashman and published by Bloomsbury Publishing USA. This book was released on 2009-07-08 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume spotlights the unique problems that often accompany a high-income lifestyle and offers guidelines that can help individuals avoid the pitfalls wealth may bring. Two therapists show how the culture of affluence in America creates unique problems for wealthy adults and children, often resulting in poor psycho-social adjustment, anxiety, low self-esteem, and the inability to have fun. The affluent are under tremendous pressure to achieve. They are subject to a myriad of negative stereotypes that make it difficult for them to have a normal social life. They are taken advantage of, preyed upon, and ridiculed. When they seek professional help for their problems, they may receive little sympathy. This book is a sage and insightful primer aimed at all readers who have some wealth, whether inherited or amassed through personal effort. The consciousness-raising here includes vignettes from the treatment rooms of the authors, who have helped many wealthy individuals and families deal with the fallout from the myths with which our culture burdens them. Specific guidelines on how to deal with problems are presented.
Download or read book Hazardous to Our Wealth written by Frank Ackerman and published by Boston : South End Press. This book was released on 1984 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: This clear, readable primer is an invaluable tool for those seeking to understand the supply-side, military Keynesian, and monetary policies of the Reagan era and their continuing influence today. Its call for putting people before profits is a compelling rejoinder to the neo-Reaganism of the Clinton administration.
Download or read book Toxic Inequality written by Thomas M. Shapiro and published by Basic Books. This book was released on 2017-03-14 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a leading authority on race and public policy, a deeply researched account of how families rise and fall today Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be understood in tandem with racial inequities -- a dangerous combination he terms "toxic inequality." In Toxic Inequality, Shapiro reveals how these forces combine to trap families in place. Following nearly two hundred families of different races and income levels over a period of twelve years, Shapiro's research vividly documents the recession's toll on parents and children, the ways families use assets to manage crises and create opportunities, and the real reasons some families build wealth while others struggle in poverty. The structure of our neighborhoods, workplaces, and tax code-much more than individual choices-push some forward and hold others back. A lack of assets, far more common in families of color, can often ruin parents' careful plans for themselves and their children. Toxic inequality may seem inexorable, but it is not inevitable. America's growing wealth gap and its yawning racial divide have been forged by history and preserved by policy, and only bold, race-conscious reforms can move us toward a more just society. "Everyone concerned about the toxic effects of inequality must read this book." -- Robert B. Reich "This is one of the most thought-provoking books I have read on economic inequality in the US." -- William Julius Wilson
Download or read book Trading is Hazardous to Your Wealth written by Brad M. Barber and published by . This book was released on 2008 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Individual investors who hold common stocks directly pay a tremendous performance penalty for active trading. Of 66,465 households with accounts at a large discount broker during 1991 to 1996, those that traded most earned an annual return of 11.4 percent, while the market returned 17.9 percent. The average household earned an annual return of 16.4 percent, tilted its common stock investment toward high-beta, small, value stocks, and turned over 75 percent of its portfolio annually. Overconfidence can explain high trading levels and the resulting poor performance of individual investors. Our central message is that trading is hazardous to your wealth.
Download or read book Empire of the Fund written by William A. Birdthistle and published by Oxford University Press. This book was released on 2016 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empire of the Fund is an exposé of the way we save now with proposals to fix it. The United States has embarked upon the riskiest experiment in our financial history: to see whether millions of ordinary, untrained citizens can successfully manage trillions of dollars in a system dominated by skilled and powerful financial institutions.
Download or read book Trading is Hazardous to Your Wealth written by Teodor Dyakov and published by . This book was released on 2018 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the trading performance of actively-managed mutual funds from 16 domicile countries investing in 42 equity markets over the period 2001-2014. In the aggregate, funds achieve particularly poor returns in U.S. equity: after adjusting for style, the stocks they buy underperform those they sell by 0.61% per quarter. In non-U.S. equity, mutual fund trades achieve a gross quarterly return of only 0.19%, which appears small relative to trading costs in international markets. The relative size of the active mutual fund industry and the tendency of mutual funds to trade in herds contribute to their poor trading performance. Using the U.S. market as an important case with a longer time series and richer information, we find further supporting evidence.
Download or read book Warning written by Adriane Gilda Berg and published by . This book was released on 1995 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses little-known steps you can take to protect your wealth for yourself and your loved ones. Tells how to save on estate taxes, protect yourself against the costs of catastrophic illness and use a small amount of money to build tax-free wealth for future generations.
Download or read book Hazardous to Your Wealth written by Robert Markman and published by Elton-Wolf Publishing. This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the explosion of interest in mutual funds and record numbers of investors doing more poorly than the market indexes, the question becomes, why aren't investors doing better? Hazardous to Your Wealth explodes the myths of mutual fund investing, explains why financial advisors are leading their clients astray, and provides a plan for future investment success.
Download or read book Hazardous to Your Wealth written by Public Policy Associates and published by . This book was released on 1996 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book You Should Only Have to Get Rich Once written by Russell E. Holcombe and published by Greenleaf Book Group. This book was released on 2012 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The financial planning industry has grown into a massive factory -one that's definitely not designed to help you create the life you want ... Holcombe challenges you to think differently about your money ... learn how to avoid the traps of the financial factory ... be quipped to ask better questions of your financial advisor ... develop the instincts you need to avoid toxic advice"--Publisher's description.
Download or read book Mutual Funds Exposed 2nd Edition written by Kenneth A Kim and published by Eqis Capital Management, Incorporated. This book was released on 2016-03-15 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mutual Funds Exposed is an engaging, easy-to-read expose that rips the cover off an industry that commands trillions of dollars of investor savings, and shines a bright light on the pitfalls of mutual funds. It also provides a glimpse into alternatives that ultra-wealthy investors have enjoyed for decades. This is a must-read for any investor.
Download or read book When Trading is Hazardous to Your Wealth written by Milena Schwarz and published by . This book was released on 2018 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the motivations for stock selling in a context where this was (at least from anex-post perspective) hazardous to investors' wealth. Making use of a unique feature of theCognitive Economics Study (CogEcon) that allows us to elicit domain-specific stock literacy andcorresponding confidence, we find that independent of their actual knowledge, investors weremore inclined to sell stocks during the financial crisis with high levels of confidence. This wasthe case even when trading was apparently not motivated by liquidity demands, risk-bearingcapacities or expectations about future asset market developments. Even more importantly,and in line with the literature that relates the discrepancy between financial knowledge andconfidence to making investment mistakes, we find that overconfidence was associated with ahigher propensity to realize stock losses - that is, selling assets whose value had deteriorated.Male as well as female investors in our sample were overconfident on average shortly beforethe outbreak of the crisis. Strikingly, however, only female investors traded to their detrimentas a result of their overconfidence. We do not find, in contrast, male investors to be at areal disadvantage of high levels of confidence not warranted by actual knowledge. We takea number of steps in response to endogeneity concerns including an alternative identificationmethod recently introduced by Lewbel (2012) that exploits information from the heteroscedasticstructure of the data. Further research is needed to understand the long-term consequences ofour findings concerning stock-market participation and finally wealth levels of females, who arealready at a high risk of hitting poverty at old-age.
Download or read book Your Preferences May be Hazardous to Your Wealth written by Deborah J. Mitchell and published by . This book was released on 1995 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Real Story of Risk written by Glenn E. Croston and published by Prometheus Books. This book was released on 2012 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: A biologist examines the many facets of the hazardous modern environment that people only dimly perceive. He explains why people let their guard down for a beautiful face, why slow-moving risks are hard to stop, how a story can be more persuasive than dry statistics, and many other intriguing quirks.
Download or read book Toxic Wealth written by Orla Cashman and published by Praeger. This book was released on 2009-07-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume spotlights the unique problems that often accompany a high-income lifestyle and offers guidelines that can help individuals avoid the pitfalls wealth may bring. Two therapists show how the culture of affluence in America creates unique problems for wealthy adults and children, often resulting in poor psycho-social adjustment, anxiety, low self-esteem, and the inability to have fun. The affluent are under tremendous pressure to achieve. They are subject to a myriad of negative stereotypes that make it difficult for them to have a normal social life. They are taken advantage of, preyed upon, and ridiculed. When they seek professional help for their problems, they may receive little sympathy. This book is a sage and insightful primer aimed at all readers who have some wealth, whether inherited or amassed through personal effort. The consciousness-raising here includes vignettes from the treatment rooms of the authors, who have helped many wealthy individuals and families deal with the fallout from the myths with which our culture burdens them. Specific guidelines on how to deal with problems are presented.
