SKU: 21178753120

Wealth Management

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Description

Wealth ManagementThis book empowers individuals with practical knowledge to manage their financial wealth from their first job until retirement and beyond. The first main theme is investments and covers security types, investment strategies, and asset allocations for individual investors. The foundation for this theme is the magical behavior of investment returns across securities and time, and the concept of market efficiency. Next, the author details tax

This book empowers individuals with practical knowledge to manage their financial wealth from their first job until retirement and beyond.The first main theme is investments and covers security types, investment strategies, and asset allocations for individual investors. The foundation for this theme is the magical behavior of investment returns across securities and time, and the concept of market efficiency.Next, the author details tax minimization, beginning with an understanding of how taxes deplete investment value. He then illuminates various tax loopholes and strategies that individuals can exploit, including:the use of tax-favored investment accounts,opportunistic trading,picking ETFs over mutual funds,gifting to pass estate taxes.Lie also covers the many pitfalls in the world of wealth management. Several stem from investors ignorance or irrational behavior, while others are concocted financial institutions to fleece individual investors. Either way, the readers learn to avoid them.Other topics also discussed include:What types of insurance should individuals purchase?When should a mortgage be refinanced?And how can individuals avoid costly probate court for the estate?This book is useful for university courses on wealth management and for all individuals who want to secure their financial future. This includes youAbout the AuthorErik Lie is the Amelia Tippie Chair in Finance at the University of Iowa. He has published widely in top academic journals and has been recognized Time magazine as one of the 100 most influential people in the world. In recent years, he has developed and taught courses on wealth management and served as an expert witness in lawsuits related to financial advising.

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SKU: 21178753120

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4.6 ★★★★★
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Verified Purchase
Shelley Sebby
Fort Morgan, US
★★★★★ 5
School book
Format: Paperback
Needed for college - reasonable price
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on September 9, 2019
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JJH
Alexandria, US
★★★★★ 5
Exactly As Described
Format: Paperback
Used this for the SOA's FAP modules
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Reviewed in the United States on December 31, 2018
L
landonC
Draper, US
★★★★★ 2
Bad book for SOA exam, but oh well.
Format: Paperback
While required by Society of Actuaries as the textbook for Short Term Actuarial Models exam, I could not recommend this textbook for any other purposes. Written by two Canadian actuaries, a lot of terms and explanations used in this textbook cannot be transferred into US P&C insurance. It fails to explains insurance's purpose and products effectively and as an intro book with unnecessary sentences to deliver personal thoughts. It is also a mess in following sections on ratemaking and reserving. I cannot sense a flow from this book that guides readers in an approachable manner. Overall, author compromises the size AND the quality.
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Reviewed in the United States on April 3, 2018
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Verified Purchase
Corderroni
West Palm Beach, US
★★★★★ 5
Buying secondhand is good for the environment
Format: Paperback, Format: Paperback
Buying secondhand is good for the environment. It all reads the same. This book was as expected and arrived quickly, no complaints.
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Reviewed in the United States on May 10, 2023
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Pete
Houston, US
★★★★★ 5
Andy Greenberg is a terrific writer!
Format: Kindle
I absolutely love all of Andy's books. I've read them all, and his style of writing puts me right there in the action. I'm a heavy reader, so it takes a lot for me to be so moved as to write a review. This book is freakin amazing. I was on the edge of my seat the entire time. It's part investigative journalism, true crime, crypto hacking, blockchain shenanigans, I LOVE IT! It's a nerds dream novel, but easily enjoyable from someone unfamiliar with bitcoin or the blockchain. Such a wild story, holy moly. I can't say enough good things about this book. I bought 4 copies (3 to give to my sons), and I just now purchased the Kindle Edition. Thanks Andy for all your incredibly rigorous investigations and work that you do.
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Reviewed in the United States on February 7, 2024

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