The Best Little Book on IRA or 401 Investing, Period! is designed to be read in an hour and give you a detailed plan of exactly which mutual fund investments you should own. It is a sad fact that most 401k and IRA mutual fund choices are best for Wall Street but just awful for people saving for their retirement years.
Here are some of the questions you will have answered:
Which mutual funds involve the least hidden costs from high-frequency trading?
How much should you be contributing to your 401 plan ?
Which kind of IRA should you have?
What should you do with your 401 when you change jobs or retire?
Why target-date funds are great for Wall Street but detrimental to you .
What are the specific simple steps you need to make when choosing 401 or IRA investments ?
This book is a summary of the key points in another investment book by the same author – Coffee Can Investing: A Better Idea Than Mutual Funds in an IRA or 401. Here is what reviewers have said about this book:
“Quick read. Powerful evidence. I am changing the entire way that I work with my 401K plan based on these findings. High speed computers and investment firms are shaving off a ton of MY money out of my 401K without having it appear as if they are doing it.”
“Dr. Allen's Coffee Can Investing is a well written easily understood critique of most 401k employer sponsored investment plans. The book can be read in an afternoon. If you are one of the millions whose retirement dollars are in a 401k plan, it is a must read.”
“This book was a great and informative read. It is not lengthy so can be quickly digested and is written so that even someone who isn't a financial expert can understand. This is critical as it is aimed at the average person with a 401K.”
“Simply put, this is just a great read. Dr. Terry Allen makes a bullet proof case that almost all the standard group think about retirement planning originates from Wall Street, to the benefit of Wall Street, and is almost certainly wrong. More important than benefiting Wall Street, the common retirement planning themes and tactics actually work against your ability to retire.”
“This entertaining and easy-to-understand book made me feel a lot more empowered about investing for retirement. I've always left investing up to our financial planner because I found the myriad of options and jargon incredibly confusing and was scared to make a mistake. As a woman, that bothered me because women too often rely on men for financial decisions and I didn't want to fall into that trap/stereotype.
Reading "Coffee Can Investing" really changed things for me. I now feel like I can make basic sense of the retirement options out there - and I know which ones are probably good for me and which ones are really bad news. I think it's going to help me avoid a lot of mistakes."
The author contends that people are getting short-changed in their 401 and IRA mutual fund investments, and for the most part, are unaware of how much is being skimmed off. The book includes a checklist of specific steps to take to maximize your 401k and IRA after-tax investment returns, how to minimize losses from high frequency trading, how to choose the best mutual funds , as well as suggestions on how you can contribute less to your 4
Language
English
Pages
98
Format
Kindle Edition
Publisher
Fuller Mountain Press
Release
August 06, 2014
The Best Little Book on IRA and 401(k) Investing, Period!: The Book That Wall Street Doesn't Want You to Read
The Best Little Book on IRA or 401 Investing, Period! is designed to be read in an hour and give you a detailed plan of exactly which mutual fund investments you should own. It is a sad fact that most 401k and IRA mutual fund choices are best for Wall Street but just awful for people saving for their retirement years.
Here are some of the questions you will have answered:
Which mutual funds involve the least hidden costs from high-frequency trading?
How much should you be contributing to your 401 plan ?
Which kind of IRA should you have?
What should you do with your 401 when you change jobs or retire?
Why target-date funds are great for Wall Street but detrimental to you .
What are the specific simple steps you need to make when choosing 401 or IRA investments ?
This book is a summary of the key points in another investment book by the same author – Coffee Can Investing: A Better Idea Than Mutual Funds in an IRA or 401. Here is what reviewers have said about this book:
“Quick read. Powerful evidence. I am changing the entire way that I work with my 401K plan based on these findings. High speed computers and investment firms are shaving off a ton of MY money out of my 401K without having it appear as if they are doing it.”
“Dr. Allen's Coffee Can Investing is a well written easily understood critique of most 401k employer sponsored investment plans. The book can be read in an afternoon. If you are one of the millions whose retirement dollars are in a 401k plan, it is a must read.”
“This book was a great and informative read. It is not lengthy so can be quickly digested and is written so that even someone who isn't a financial expert can understand. This is critical as it is aimed at the average person with a 401K.”
“Simply put, this is just a great read. Dr. Terry Allen makes a bullet proof case that almost all the standard group think about retirement planning originates from Wall Street, to the benefit of Wall Street, and is almost certainly wrong. More important than benefiting Wall Street, the common retirement planning themes and tactics actually work against your ability to retire.”
“This entertaining and easy-to-understand book made me feel a lot more empowered about investing for retirement. I've always left investing up to our financial planner because I found the myriad of options and jargon incredibly confusing and was scared to make a mistake. As a woman, that bothered me because women too often rely on men for financial decisions and I didn't want to fall into that trap/stereotype.
Reading "Coffee Can Investing" really changed things for me. I now feel like I can make basic sense of the retirement options out there - and I know which ones are probably good for me and which ones are really bad news. I think it's going to help me avoid a lot of mistakes."
The author contends that people are getting short-changed in their 401 and IRA mutual fund investments, and for the most part, are unaware of how much is being skimmed off. The book includes a checklist of specific steps to take to maximize your 401k and IRA after-tax investment returns, how to minimize losses from high frequency trading, how to choose the best mutual funds , as well as suggestions on how you can contribute less to your 4