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Informationen zum Autor BEN STEIN is a respected economist known to many as a movie and television personality, but he has worked in personal and corporate finance more than anywhere else. He has written about finance for Barron's, the Wall Street Journal, the New York Times , and Fortune , was one of the chief busters of the junk-bond frauds of the 1980s, has been a long-time critic of corporate executives' self-dealing, and has co-written numerous finance books. Stein travels the country speaking about finance in both serious and humorous ways, and is a regular contributor to CBS's Sunday Morning , CNN, and Fox News. He was the winner of the 2009 Malcolm Forbes Award for Excellence in Financial Journalism. Klappentext Hilarious advice on what NOT to do with money, from financial funny man Ben SteinEveryone's searching for the secrets to financial success, but what about the best ways to lose money . . . fast?! In How To Really Ruin Your Financial Life and Portfolio, bestselling author, economist, financial commentator, and media personality Ben Stein explains exactly what to do . . . to go bust! The ultimate "how-NOT-to" guide, the book gives readers invaluable tips that should be avoided at all costs. Written in Stein's own inimitable style, this hilarious guide provides essential financial advice on what not to do when it comes to managing money.From reading and acting upon investing newsletters to trading on a margin, from investing in bonds to breathlessly following CNBC, and from buying stock in firms you do not understand to believing in your own genius at stock picking to keeping as little cash on hand as possible, Stein presents the rules that every would-be investor needs to know, so they can do the exact opposite and actually make money. Fully revised and updated, this new edition presents all-new missteps that can destroy any portfolio.* Fully revised and updated edition of the tongue-in-cheek bestseller that shows investors what not to do with their money* Written by acclaimed author economist, financial commentator, and media personality Ben Stein* Loaded with indispensable pieces of bad advice that readers should avoid at all costsA laugh-out-loud approach to personal finance, How To Really Ruin Your Financial Life and Portfolio is an accessible guide to money from the funniest man in finance. Zusammenfassung Hilarious advice on what NOT to do with money, from financial funny man Ben Stein Everyone's searching for the secrets to financial success, but what about the best ways to lose money... Inhaltsverzeichnis Acknowledgments xiii Introduction xvii 1 Trade Frequently 1 2 Trade Foreign Exchange 11 3 Believe in Your Heart That You Can Pick Stocks 19 4 Assume That Recent Trends Will Continue Indefinitely 29 5 Pour Continuer . . . Sell When Things Look Bleak . . . and Stay the Heck Out of the Market 35 6 Know in Your Heart That This Time It's Different . . . and Act on It 41 7 Dividends are for Spending-Not Investing-Just Ignore Them or Use Them to Buy Baubles 49 8 Cash is Garbage-Except When It's Not 57 9 Put Your Money into a Hedge Fund 69 10 Try Strategies That No One Else Has Ever Thought of . . . You Can Out-Think the Market 77 11 Use the Strategies That University Endowments and the Giant Players Use 81 12 Commodities are Calling . . . Will You Answer the Phone?: Everything That Happens in Your Life Involves Commodities 87 13 Go on Margin for Everything 93 14 Sell Short 97 15 Do Not Have a Plan for Your Investing or for Your Financial Life Generally 103 16 Do It All Yourself 109 17 Pay No Attention at All to Taxes 111 18 Believe That Those People You See on TV Can Actually Tell the Future 113 19 Do Not Start Even Thinking about Any of This until the Absolutely Last Moment 117
