Rigged Money: Beating Wall Street at Its Own Game

Name: Rigged Money: Beating Wall Street at Its Own Game
Brand: Wiley
SKU: 9781118099681
Price: 2130.0 INR
Availability: InStock

by Lee Munson

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ISBN13: 9781118099681
Binding: Hardcover
Subject: N/A
Publisher: Wiley
Publisher Imprint: Wiley
Publication Date: December 6, 2011
Pages: 204
Original Price: USD 29.95
Language: English
Edition: N/A
Item Weight: 400 grams
BISAC Subject(s): Personal Finance / Investing and Investments & Securities / General

About The Book

From the Back Cover

To understand the economy you have to understand one simple, but unspoken, truth: Wall Street needs money from Main Street, not the other way around. Keeping this secret from the public has been an essential part of the development of the American economy for over four hundred years, but now that you know it--and with advice from Wall Street insider-turned-realist Lee Munson--you have the power to protect yourself and your money.

Rigged Money: Beating Wall Street at Its Own Game explains in detail how the financial industry has systematically worked to convince the public that investing across different asset classes is the only way to protect wealth. At one point this was probably sage advice, but today it's an outdated rule more likely to bring disaster than success. Since asset classes--from small caps and international stocks to gold and bonds--now overlap when it comes to risk and volatility parameters, the diversification effect is gone, and with it, any reason for spreading your money around. It's this change in the financial landscape, and the rules of the game, that Wall Street doesn't want you to know about, and that this book discusses.

Revealing the truth about the system while arming you with the simple, smart, and clear advice that you need to go head-to-head with the financial giants, Rigged Money provides advice to investors on what Wall Street is doing behind your back and how you can use the same techniques and knowledge to level the playing field.

About The Author

LEE MUNSON worked as a speculative tradervduring the dot-com boom and bust until he had an epiphany and began to question everything about his approach to investments. Realizing that Wall Street is a game that isn't always played to give investors a fair chance at winning, Munson went on to form an asset management firm, Portfolio LLC, in New Mexico that is ranked as one of the fastest growing firms in the country. A frequent guest on CNBC's The Kudlow Report, he is a contributor for TheStreet.com and is quoted in numerous financial publications such as the Wall Street Journal, SmartMoney, and the Kiplinger Report.

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