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Great 401(k) Hoax : Why Your Family's Financial Security Is At Risk, and What...
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Artikelmerkmale
- Artikelzustand
- Country of Origin
- United States
- California Prop 65 Warning
- Encyclopedia of Civil War Usage
- ISBN
- 9780738206356
Über dieses Produkt
Product Identifiers
Publisher
Basic Books
ISBN-10
0738206350
ISBN-13
9780738206356
eBay Product ID (ePID)
1974138
Product Key Features
Book Title
Great 401 (K) Hoax : Why Your Family's Financial Security Is at Risk, and What You Can Do about It
Number of Pages
256 Pages
Language
English
Publication Year
2002
Topic
General, Personal Finance / Retirement Planning
Genre
Business & Economics
Format
Hardcover
Dimensions
Item Weight
17.6 Oz
Item Length
9 in
Item Width
6 in
Additional Product Features
Intended Audience
Trade
TitleLeading
The
Synopsis
Drawing on primary historical and contemporary data, Wolman and Colamosca build a compelling case against the 401(k) as a tool for ensuring long-term financial security. They urge individuals and families to diversify their savings and investments and build conservative portfolios., According to business and finance journalists Bill Wolman and Anne Colamosca, the American public has been hoodwinked: 401(k)s, the most popular mechanism for retirement investing, were established to satisfy corporate, not individual, interests. They are replacing defined benefit-pension plans at an alarming rate and are vulnerable to the vicissitudes of the market, which--if history serves as our guide--is destined for at least a decade of lackluster performance. Drawing on primary historical and contemporary data, Wolman and Colamosca build a compelling case against the 401(k) as a tool for ensuring long-term financial security. They urge individuals and families to diversify their savings and investments, building conservative portfolios that include bonds, high-dividend stocks, and savings. In the process, they explore the colorful social history of our love-hate relationship with the stock market and address many key questions facing any family today, such as: How do I accumulate enough wealth to educate my children and retire comfortably? How secure are my sources of income and how can I anticipate change? Timely and incisive, The Great 401(k) Hoax is guaranteed to inspire debate and action from the water cooler to the boardroom to the voting booth., How the 401(k) has come to dominate the American family's long-term investment portfolio, why it is inadequate--and what to do about it
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