Updated version of the bestselling book on how to grow and protect wealth in difficult economic times
Having an effective financial plan has always been important; today, it’s crucial. In The Ultimate Money Guide for Bubbles, Busts, Recession, and Depression—the updated and revised edition of the bestseller, The Ultimate Depression Survival Guide—author Martin D. Weiss shows readers how to create a safe and effective financial plan for today’s unpredictable economic environment.
- Explains why the U.S. economy continues to slump, and how persistently high unemployment and increasing government spending could lead to a far worse, double-dip recession
- Details how investors are missing opportunities by failing to look at overseas investments, specifically in Asia and Latin America
- Reveals what everyone should be doing now to protect their savings, investments, and jobs
The Ultimate Ultimate Money Guide for Bubbles, Busts, Recession, and Depression answers the questions readers have about the new challenges of the ‘new normal, ‘ while also offering strategies to cope with the credit crunch, housing bust, and decline of the U.S. dollar.
Daftar Isi
Introduction xi
Chapter 1: Why the Tough Times are Just Beginning! 1
How to Reduce Debts in Bad Times 15
How to Protect Your Job in Bad Times 17
Chapter 2: The Government Declares War on the Financial Crisis 23
Chapter 3: Wall Street Deceptions, Cover-Ups, and Lies 38
With Most Corporate and Municipal Bonds Overrated, Here’s What to Do With Them . . . 42
Chapter 4: Housing: How to Escape the Greatest Bust of All Time 54
10 Steps for Selling Your Home in a Weak Market 72
Want to Keep Your House, Come Hell or High Water? Then Here’s How to Cut Expenses or Get Assistance 74
Chapter 5: Common Stocks: How to Avoid Big Risks and Boost Returns 77
How to Get Your 401(k) Out of Danger 86
Chapter 6: How Safe is Your Bank? 91
How to Save in Tough Times 92
What Happens to Your Money If Your Bank Fails 105
How to Check and Monitor the Safety of Your Bank 110
Chapter 7: How to Find Safe Insurance Companies 113
Chapter 8: How to Shop for the Best Life Insurance 121
Chapter 9: How to Find the Best Annuities 133
Chapter 10: The Safest and Most Liquid Place for Your Cash 147
How to Use Treasury Securities for Almost All Your Banking Needs 153
Money Market Funds Investing in Short-Term U.S. Treasury Securities or Equivalent 156
Chapter 11: All-Weather Investments for the Best and the Worst of Times 159
How to Build Your Personal Hedge Program 166
Chapter 12: How to Profit Directly from a Market Decline 174
How to Go for Profits in a Down Market 179
Chapter 13: How to Continue Making Money Even with the Worst Disasters 181
How to Invest in Foreign Currencies 188
Chapter 14: When to Buy the Best Bargains of the Century 189
Basic Principles for Buying at the Bottom 196
Chapter 15: Bonds: Your First Great Income Opportunity 198
How to Maximize Your Yield with Safety 209
Chapter 16: Dividends: Your Second Great Income Opportunity 210
How to Find Stocks with Steadily Rising Dividends 217
Chapter 17: The Great Fork in the Road: Inflation or Deflation? 219
How to Invest in Gold 229
Chapter 18: The Demise of the Dollar? 232
Chapter 19: The Foundation for Recovery 250
Chapter 20: Future Fortunes 257
Five Golden Rules for Building New Fortunes 261
Notes 268
Acknowledgments 274
About the Author 276
Index 279
Tentang Penulis
MARTIN D. WEISS, PHD, is the founder and chairman of Weiss Ratings, Inc., the nation’s leading independent rating agency, known for its stellar track record in boldly naming large companies that subsequently failed AND helping investors find those that are truly SAFE! He is the author of two other Wiley bestsellers, including The Ultimate Safe Money Guide: How Everyone 50 and Over Can Protect, Save, and Grow Their Money and Crash Profits: Make Money When Stocks Sink and Soar.