The investment decisions you make today will determine the kind of life you will be able to enjoy once that regular paycheck stops rolling in. Designed to work as a flexible reference for all investors-no matter what stage of retirement planning you're in-The SmartMoney Guide to Long-Term Investing will help you retire on your financial terms. Drawing on a decade's worth of financial knowledge and experience, The SmartMoney Guide to Long-Term Investing: * Introduces you to the cornerstone of any wealth-building portfolio-stocks, bonds, and mutual funds * Teaches you how to set up an asset allocation strategy that works for you * Gives you the tools to estimate how much you need to save for retirement each year, depending on the lifestyle you intend to lead * Reveals the names of outstanding mutual funds that will deliver the investment returns you need * Shows you how to get the most from your 401(k) and introduces you to numerous real-life retirees, who offer important advice on the financial aspects of life after work * Explores a long-term goal that usually conflicts with retirement savings-paying for your child's college education-and shows you how to deal with it * And much more When investing for your retirement, you can't afford to make mistakes. Pick up The SmartMoney Guide to Long-Term Investing and take control of your future.
This book is all about investing for retirement, children's college tuition, and other goals. The authors do a pretty good job describing different investment vehicles: stocks, bonds, and mutual funds. I have read many books on investing for retirement and they all give advice to readers on how much money a person needs. This author does not do that, "How much money will you need in order to retire? Well, that all depends on what kind of retirement you want." This is so true. Different people live different lifestyles. The same applies one's lifestyle during the retirement. This book also covers different retirement accounts such as 401(k), IRAs, and Roth IRAs. Those readers who do not wish to spend a significant amount of time investing can turn to professional help. Chapter 5 lists 31 top-notch mutual funds that investors can turn to for help. This book provides a pretty good introduction for long-term investing. - Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
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