You don’t expect to find snippets of Goethe’s poetry or Taoist philosophy in a book on personal investing. Financial editor Anthony Boeckh brings his 40 years of market experience, as well as insights from the wisdom of the ages, to bear as he explains how to prepare for potential unprecedented economic shocks over the next several years. The billions the U.S. government is spending to prop up the economy will have consequences – intended or not – that will force investors to manage their portfolios more actively. Boeckh offers a historical perspective on current events. He identifies market and political signals to heed, discusses what they might portend and suggests ways to position your money appropriately. getAbstract recommends his commonsense approach to investors who are trying to make sense of what the economic upheaval means for their fiscal futures. Seek the harmony of the Tao as you flow with the financial changes to come.
In this summary, you will learn
- What led the U.S. to the brink of economic collapse in 2008-2009,
- How to preserve and build your personal capital in the next few years, and
- What the future may hold for the U.S. economy.
About the Author
For 35 years, Anthony Boeckh chaired BCA Publications and edited “The Bank Credit Analyst.” He co-manages Boeckh Investments, co-authors “The Boeckh Investment Letter” and co-wrote The Stock Market and Inflation.
Comment on this summary
Contained in Knowledge Pack:
Knowledge PackDeflationIf you think inflation is the worst thing that can happen, think again. Here's why.
Knowledge PackBeat the RecessionBooks that fight teams: They are productive and practical – and they don’t cost an extra dime
Customers who read this summary also read
Carmen M. Reinhart and Kenneth S. Rogoff
Princeton UP, 2009
W.W. Norton, 2016