The New Rules of Personal Investing: The Experts' Guide to Prospering in a Changing Economy

By Floyd Norris and Gretchen Morgenson

Book Overview

America's most authoritative markets team reveals what lessons from the past still work, what received wisdom has expired, and how to create a winning portfolio for the long run For most Americans, investing is no longer a choice, it's a requirement. With guaranteed pensions a quaint memory, dramatic changes in the stock market over the last few years have been a wake-up call; for too long, investors have simply trusted that the market would always go up. Now that we've gone from boom to bear and companies that seemed like golden nest eggs have cracked, how can people invest safely and confidently for their future? In chapters written exclusively and originally for this book, Gretchen Morgenson, Floyd Norris, and other top financial correspondents of "The New York Times" offer classic, time-tested advice on stocks, mutual funds, bonds, international markets, and taxes. They detail new opportunities in today's market as well as new scams, and chart investment strategies that will outlast the market's inevitable bubbles, slumps, and fads. Filled with indispensable analysis, "The New Rules of Personal Investing" is the expert source for investing in the new (and old) economy.

• Format: Paperback
• Language: English
• ISBN: 080507273X
• ISBN13: 9780805072730
• Release Date: January 2003
• Publisher: Times Books
• Length: 272 Pages
• Weight: 0.60 lbs.
• Dimensions: 8.3" x 0.7" x 5.5"

Customer Reviews

Great book for present times

I saw this book in my library and decided to pick it up because the book is quite recent. I found that the book was easier to read. Not too complex and it talked about the bursting of the bubble, etc. I liked the section on evaulating stocks and the on analysts. I think it is a good read. Highly recommend.

New Rules of personal investing

I am most impressed with the overall content of this book. It provides the basics and reminds us why we should invest during this somewhat "nervous" time, and presents the options to do so in a straightforward, factual way. I appreciate the historical overview, but also this book is relevant since it's newly published and thus reflects lessons learned from 2000/2001 investment experiences. Experienced investors will find this a little too simple, beginners will struggle a bit, but for the majority of us who know just enough to be dangerous, the information and viewpoints are helpful. We purchased this book for our community library; I then bought a personal copy so I could highlight and mark up pages for future reference as I put my own financial plan together.