"Good for the Navigator/Grimaldi to be able to see the rocky economic shoals through the Wall Street fog and Washington smoke screen."-Gerald Celente
Protect what you have and start rebuilding your wealth
Here is your roadmap to financial stability in today's hazardous markets. It's no secret that during the Great Recession and its aftermath, small investors were the big losers. If you lost half of your net worth or more, you're not alone. So where did the money go, and how can you make sure it never happens again? Read The Money Compass to find out. The short answer is that you need to understand what's going on in the world of finance, otherwise government policies and special interests can - and will - continue taking your money.
The unprecedented economic situation we face today affects every aspect of our lives, even if we choose to ignore it-and we ignore it at our peril. Inside, Mark Grimaldi and G. Stevenson Smith make sense of money matters large and small:
* Mortgages and the housing market
* Predatory credit card "perks"
* Retirement funds
* Exchange-traded funds
* Repeal of the Glass-Steagall Act
* Collapsing public education systems
* Federal debt
Navigate these issues and more with the help of The Money Compass. Straightforward expla- nations and outside-the-box advice will get you and your family back on track. With a new perspective grounded in financial realities and new strategies for managing debt, taxes, and investments, you'll be ready to stay afloat and profit from economic uncertainty. Expert Economist Mark Grimaldi forecast the 2008 downturn, and he is predicting more difficult times to come. Don't let the next financial collapse take you by surprise.
Between the ongoing recession, the collapse of the housing market, and the crumbling of the middle class, many Americans are left wondering what happened to the American Dream. They're also wondering what happened to their money. For millions of people, just making ends meet is challenging enough. So when it comes to saving and investing, it seems like the deck is stacked against you.
The bad news is that you're right. If the economy were a card game, the dealer would hold all the aces. But the good news is that you don't have to play by the house rules. Renowned for his unvarnished insight on finance and investing, money manager Mark Grimaldi has a reputation for telling it like it is. He doesn't sugarcoat the negative and he doesn't have time for the financial industry hype that leads to bad investing decisions. Here's the truth: the economy is in bad shape, but that doesn't mean you can't save responsibly, invest profitably, and retire comfortably.
In The Money Compass, Grimaldi teams up with accounting professor G. Stevenson Smith to offer a wealth of smart investing advice for today's investor. This plain-English guide to good investing presents practical strategies and actionable advice for safely navigating today's financial markets. It shows you how to manage credit and debt responsibly, how to use the tax code to your advantage, which kinds of trendy investing advice you should ignore, and where to put your money for solid returns.
In addition, the authors explore the hard macroeconomic realities that explain how we got here and where we're going next. They look at the primary causes and consequences of the recession, the housing crash, the slow collapse of government programs, long-term unemployment, and how it all impacts you and your money. Plus, Grimaldi and Stevenson forecast the next big economic shock and show you how to profit from it.
The economic game is rigged to keep you poor and keep Wall Street rich. So it's time to write your own rules. Whether you're white collar, blue collar, or somewhere in between, The Money Compass gives you the commonsense guidance you need to chart a course to a comfortable financial future--even in the roughest economic waters.
Mark Grimaldi
Börsenhandel Finance & Investments Finanz- u. Anlagewesen Trading