In The Unbeaten Path to Secure Investment Growth, Hildy and Stan Richelson expose the myth of stocks' superior investment returns and propose an all-bond portfolio as a sure-footed strategy that can ensure results. The book is designed to educate novice and sophisticated investors alike and serve as a tool for financial advisers as well. It explains why bonds can be the right choice and how to use them to achieve financial goals. It presents a broad spectrum of bond-investment options, describes how to purchase bonds at the best prices, and most important, shows how to make money with bonds.
The bond strategies presented in this book are used by the wealthiest investors and financial advisers to maximize the return on their portfolios while providing security of principal. These strategies can help you determine how to use bonds in your portfolio and take control of your financial destiny. You'll be playing it smart while playing it safe.
Silver Medal Winner, Axiom Business Book Awards (2008)
Silver Medal Winner, Independent Publishers Book Award (IPPYs) (2008)
Silver Medal Winner, Advertising/Marketing/PR/Event Planning Category, Axiom Business Book Awards (2008)
Some repeats along the way, I guess to drive home the point. The information is a little dated. Outside of that the book is a very useful read. Gives a strong point of view with a lot of great details on setting up your portfolio using bonds. Author believes in an all bond investment. However there is recognition of other possibilities than just totally bonds. As for me I like the idea of such safety. Also does talk about inflation and gives advice and ideas on dealing with it. You just need to keep an open mind to what is being communicated and the ideas behind it.
The tax benefit alone is enough for me! I recommend this book to anyone if they want to learn enough to decide for themselves if they want to use this avenue of investing. If you decide you dont want to invest in bonds then at least you know what they are!
It covers basics and stories. I am not fascinated by the details provided in the book. Chapter 21 is the only chapter which i feel worth my time reading
La mejor parte de este libro probablemente sea la breve historia de la deuda pública y el sistema financiero americano, hasta llegar a las seguridades de interés para el inversor en bonos.
La premisa de tener un portafolio únicamente de bonos no tiene una explicación racional, básicamente se basa en la seguridad psicológica de tener cashflow y en el hecho de que los bonos estaban en un bull run en el momento en que esta gente se volvió relevante. Gran parte de sus propios consejos son directamente peligrosos por lo mismo.
Interesante si quieres aprender de ciertas formas de deuda pública e instituciones americanas, pero no realmente relevante para invertir, sobre todo para inversores "internacionales" (todos los que no somos gringos).
Les faltó presentar un mínimo de data (probablemente no lo hacen porque no pueden) y no ser tan repetitivo. Hay cosas en el libro que se describen sin exagerar 20 veces prácticamente de la misma manera. A ese punto funciona más como diccionario si quisieras abrir el libro para examinar la mejor manera de invertir en una seguridad de fixes income sin consultar internet y a un asesor financiero. No tengo idea de quién haría eso.
This is one of the most dangerous investing books imaginable. This book comes on the heels of the greatest bond bull market in history. Interest rates are at historic lows - many bonds essentially offer return-free risk. The authors completely ignore this fact. To make matters worse, they viciously undercut anyone who criticizes their book on Amazon, bully reviewers to prevent their intended audience from learning about their incompetence. An uneducated investor who follows the advice in this book is asking to lose their shirt.
reading this for a crash course on bonds and a more conservative view of the markets for a change to myself. ignoring the emphasis on long term investing and 'the all bond portfolio' although is great stuff // ended up skipping most of second half of book because i am reading all of the other info at school and in other books, in more detail
Good book on fundamentals, the bias towards a 100% bond portfolio is a little over the top. Helped me make decisions on using Treasury Direct and the types of direct government bonds to purchase.