Offers investment advice on everything from mutual funds and fixed-income investments to retirement and estate planning, with an emphasis on a thematic, long term approach
If you have ever worried -- and who hasn't? -- whether the investment decisions you are making are the right ones, then Mary Farrell's Beyond the Basics can help you cut through the clutter of conflicting advice and reach a new level of successful investing. Mary Farrell is famous for her investment advice, not only in her work as an investment strategist and managing director of PaineWebber, but also as one of the panelists and occasional substitute host of Wall $treet Week With Louis Rukeyser. Building on the knowledge you already have, she offers new ways of thinking about your money and tells you which investment strategies can make mega-differences in your investment results. Her book covers everything from mutual funds and fixed-income investments to important retirement -- and estate -- planning vehicles such as bypass trusts. She details the crucial process of organizing goals, developing a framework for sophisticated asset allocation, and then selecting and monitoring investments -- always deepening your level of knowledge. Mary Farrell recognizes that few investors can anticipate short-term movements in the stock market successfully and make money by constantly buying and selling shares. Instead of wasting all your waking hours monitoring scores of economic variables and dozens of financial markets, you will learn a safer, simpler way to profit through thematic investing over the long term. Farrell reveals the major trends that will radically reshape the American economy and offer opportunities for investors who are prepared and who know where to look. Investment risk is an area that is difficult to measure accurately, even by professionals, but one of the unique features of this book is the risk/reward ratio it provides for virtually every major type of investment. Packed with practical strategies, proven techniques, and fresh insights, Mary Farrell's Beyond the Basics can become the key to your investment success.