Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments

Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments book cover

Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments

Author(s): John Waggoner (Author)

  • Publisher: Wiley
  • Publication Date: September 9, 2008
  • Edition: 1st
  • Language: English
  • Print length: 208 pages
  • ISBN-10: 0470401257
  • ISBN-13: 9780470401255

Book Description

In Bailout, John Waggoner answers the essential questions surrounding recent market catastrophes―from the failure of Bear Stearns to the credit crisis―and reveals how you can protect your portfolio during these turbulent times. Waggoner offers a wide range of strategies to help your portfolio weather this storm, including rebalancing and using foreign currencies, and discusses how Treasury bonds, gold, commodities, and real estate can solidify your financial standing. With the expert advice found here, you’ll quickly discover what it takes to achieve safety and success in today’s volatile market.

Editorial Reviews

From the Back Cover

What You Can Learn From The Meltdown In The Credit Markets And The Collapse Of Bear Stearns

Panics in the stock market are nothing new―so what makes the recent events surrounding the credit crisis and Bear Stearns collapse so worrisome? More importantly, what does it mean to you as an individual investor?

In Bailout, John Waggoner―the investment columnist for USA Today―sheds light on the causes of the Bear Stearns collapse and the credit crunch, while offering a glimpse of what the future holds for investors. The fall of Bear Stearns, says Waggoner, signals a new era. Warning readers of the perils that lie ahead―specifically inflation and debt liquidation―he provides solid strategies for investors who want to begin protecting their portfolios. He explains step-by-step how to set short- and long-term investment goals and match your investments to those goals, creating a portfolio that can weather any storm.

From paying off debt to investing in treasury securities, the strategies laid out in Bailout will guide you to safety and success in today’s volatile market.

About the Author

John Waggoneris the investment columnist and personal finance reporter for USA Today, where he writes a weekly investing column. Previously, he was senior editor at the Independent Investor, an investment advisory newsletter. He is also the author of The Fast Forward MBA in Investing, which is published by Wiley, and coauthor of The Busy Family’s Guide to Money.

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