Worry-Free Investing: A Safe Approach to Achieving Your Lifetime Financial Goals

The bottom line, the stock market is intrisically unpredictable and we are not saving enough. He makes a strong case for diminshing reliance on the stock market. He also has a great chapter on inflation that makes a strong case for I bonds and TIPS. The key issue is can we save enough money beginning at an early age to generate a large enough account to supplement social security. Bodie goes through specific examples and... Read Full Review

Everyone interested in investment should read this book

As a 64 year old entrepreneur, having had a used book store, an art gallery, and small press, I have been very cocky, some would say arrogant, in my investment habits, aided and abetted by my subscription for ten years to the Wall Street Journal, and my Friday night standing date with Louis Ruykeyser, and a bowl of popcorn. I thought I would be living on the Rue de Facile, Easy Street to non-French majors. However, I watched... Read Full Review

Investment authorities have long recommended diversified portfolios of stocks, bonds, and cash as the best way for investors to pursue their financial goals without courting too much risk. In *Worry-Free Investing*, Zvi Bodie and Michael Clowes cast a gauntlet before this conventional wisdom. Most investors, they argue, should forget about traditional asset classes--especially stocks--and should abandon traditional approaches... Read Full Review