Illusions Of Wealth Brings Investors Common-Sense Answers To Difficult Questions About Investing
An understanding of how money, economics and investing work in our country is essential for anyone concerned about their future. In Illusions of Wealth by Doug Eberhardt, he provides the framework for making better choices.
“I hope to give my readers the awareness and confidence they need to develop investment strategies on their own,” he says. “To keep your wealth from being an illusion, you must possess the ability to adjust your portfolio as the economic and investment climates change. I want to grant you control of your future and your wealth.”
Because an inadequate education system may have failed to teach us how to invest, we relinquish control to advisors who may or may not have our best interests at heart. This book is written to bring readers the awareness, confidence and insight necessary to overcome the future panics, crashes, and crises that will inevitably arise, and teach them how to profit whether the market is rising or falling.
Investors need to ask themselves these types of questions: What are the economic conditions on the horizon that can affect your wealth? Why do you invest the way you do? Who do you trust for investment advice, and why? How much do they make from their recommendations to you? Did they protect your portfolio during the last financial crisis? Is another financial crisis around the corner? How have you structured your portfolio differently to protect your wealth if we were to experience another economic downturn?
Doug Eberhardt is the author of the precious metals investment book Buy Gold and Silver Safely. Doug has been in the investment management business for over 30 years and is now sharing his years of research and discovery, accurately pinpointing economic and investment conditions for his readers.