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Aftermath: Seven Secrets of Wealth Preservation the Coming Chaos
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Barnes and Noble
Aftermath: Seven Secrets of Wealth Preservation the Coming Chaos
Current price: $20.00
Barnes and Noble
Aftermath: Seven Secrets of Wealth Preservation the Coming Chaos
Current price: $20.00
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Size: Audiobook
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What goes up, must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitelyespecially since asset prices have been artificially inflated by investor optimism around the Trump administration, ruinously low interest rates, and the infiltration of behavioral economics into our financial lives. The elites are prepared, but what's the average investor to do?
James Rickards, the author of the prescient books
,
, and
, lays out the true risks to our financial system, and offers invaluable advice on how best to weather the storm. You'll learn, for instance:
How behavioral economists prop up the market: Funds that administer 401(k)s use all kinds of tricks to make you invest more, inflating asset prices to unsustainable levels.
Why digital currencies like Bitcoin and Ethereum are best avoided.
Why passive investing has been overhyped: The average investor has been scolded into passively managed index funds. But active investors will soon have a big advantage.
What the financial landscape will look like after the next crisis: it will not be an apocalypse, but it will be radically different. Those who forsee this landscape can prepare now to preserve wealth.
Provocative, stirring, and full of counterintuitive advice,
is the book every smart investor will want to get their hands onas soon as possible.