This book changed my investing life | Fail-Safe Investing: Lifelong Financial Security in 30 Minutes |...

Practical and Effective Financial Concepts | Fail-Safe Investing: Lifelong Financial Security in 30 Minutes | Harry Browne

books:


	• Fail-Safe Investing: Lifelong Financial Security in 30 Minutes Harry Browne St. Martin's Griffin, 2001 - 176 pages average customer review:based on 17 reviews view larger image
	for more information click here

highly recommended

A very good way to invest

Browne describes a sensible and simple plan for making money with your investments. I waited over a year to review this book so I could actually try his method and build my portfolio around his idea. So far so good. You won't get rich overnight with this, but it's clear that you can maintain your asset value as well as earn money on at least one portion of your "permanent portfolio" at all times.

This book changed my investing life

I'm not your average reviewer. I think it's largely a waste of time so I just pass on it.

But this time it's different. Before I met Harry Browne (through his books and radio shows), I was addicted to all sorts of financial pornography. Experts, books, forums, investing clubs, technical analysis, fundamental analysis, trendlines, P/E, book value, blah, blah, etc.

Always tweaking, never happy. I was always up at night wondering how I was going to make a mistake that would wipe me out. Then I met Harry and his wisdom.

He makes the case that no one knows what's going to happen. No one. Even the cockiest hot-shot fund managers suck over the long run. Turns out, he's right (with the notable exceptions of guys like Buffet and Templeton--but are you as good as they are?)

So I asked myself: what am I doing trying to beat the market? Over the long run, I just can't. So you should probably come to that realization too. You can't beat the market. Just let it go........

So if you can't beat the market, how do you get solid returns year after year with very little volatility? The Permanent Portfolio(PP).

Inflation, deflation, prosperity, recession. Dollar up, dollar down. No matter what's brewing, you're covered. Let everyone else debate (because they don't know anyway).

Harry's PP has returned an average of 9.9% (roughly 5-6% over inflation) with extraordinarily low volatility for nearly the last 40 years. It will do equally well in all investing climates--which puts your mind at ease.

I'll let novice investors chase the "hot" funds while I sit back and relax knowing that I'm always covered no matter what happens. That level of "peace of mind" has no value--it's priceless. Thanks Harry--you've changed my life--may you rest in peace.

for more information click here

Practical and Effective Financial Concepts

Every book written by Harry Browne is worthwhile, and this is no exception.

'Fail-Safe Investing: Lifelong Financial Security in 30 Minutes' should be required reading for anyone considering investing their funds with 'hot' fund managers, 'winning' advisory services or 'can't miss' trading systems. It also lays out a solid, common sense foundation for lifelong fiscal responsibility and profitability, and should be required reading for all high school students.
Harry passed away last year at the age of 73, and he will be dearly missed by those of us who treasure his legacy of liberty, independent thinking and personal responsibility. His life was a one of a kind gift that God blessed our world with.

for more information click here

Permanent Portfolio's Explained

I found this book very interesting and insightful. It's not really an "ABC" book to financing or anything, and I do think it's probably good to have some idea of economics and financial terms before reading. That said, the book's really pretty easy to follow and understand, and Browne does a good job of explaining concepts in various ways so you'll understand.

Mainly this book talks about ways to invest and protect your money without having to spend sleepless nights worrying about if you've invested in the right something. It outlines how to create a Permanent Portfolio, which should keep steadily growing through all economic swings.

While I can't say I can totally agree with absolutely everything Browne suggests, the majority of it I can. It's best to judge his advice for yourself, but at least he writes and discusses his ideas clearly enough so that you can evaluate it.
In short, if you're not too keen on speculating and risking (or even if you are!), this is a great book!

for more information click here

A unique and worthwhile approach to long term passive investment

Harry Browne's Permanent Portfolio concept is worth knowing about, and an interesting counterpoint to Ibbotson-style long term asset allocation.

Do you worry that you're not paying enough attention to your investments? Do you feel left out when you hear about the clever things other investors seem to be doing? Relax. You don't have to become an investment genius to protect your savings. Distilling the wisdom of his thirty years' experience into lessons that can be applied in thirty minutes, Harry Browne shows you what you need to know to make your savings and investments safe and profitable, no matter what the economy and the investment markets do. There are no secret trading systems here, no jargon to learn. Instead, Harry Browne teaches you in simple terms to, among other things:-Build your wealth on your career-Make your own decisions-Build a bulletproof portfolio for protection-Take advantage of tax-reduction plans-Enjoy yourself with a budge for pleasure

for more information click here

reviews: page 1, 2, 3, 4

hot