Palgrave Macmillan , February 2014
The Safe Investor was created out of a need for individuals to navigate the complex, seemingly risky and volatile markets for investing. Although investment tips are everywhere, from TV, written, and online media dedicated to producing the wealth of information out there, many people have not taken the steps to educate themselves financially on these crucial investment topics, and most feel uncomfortable with how they should actually invest their money. Recent predictions about slowing economic growth, historically low interest rates, and volatile markets have investors scratching their heads about what to do with their money. And more than ever, people are scared about whether they can grow their money enough to last through their lifetime.
Expert investor Timothy McCarthy has spent the last 30 years in the US and overseas providing investment solutions to individuals and their advisors. He believes that understanding how to create a truly globally diverse portfolio while applying the magic of time will help all investors navigate risky markets. McCarthy also explores the fundamentals of picking and evaluating financial advisors for those who want to understand the principles of investing but not actually do the work themselves. Tim helps guide the reader along a straightforward path to investment success by telling engaging and actual stories to illustrate each of his seven lessons of successful investing. The Safe Investor will help even those readers with little interest or aptitude for finance to be comfortable in knowing what to do to manage their life investment plan and how to manage their own advisors.
Hardcover | ISBN: 9781137279101 | Publication Date: February 2014
Reviews:
"McCarthy brings together common sense and experience, with
solid practical advice and interesting personal stories. He
persuades the reader by providing fundamental data on fund
ratings, a detailed discussion of demographics, and an
enlightening explanation of international markets -- essential
knowledge to achieving safe long-term investment success."
-- Bob Pozen, formerly Chairman of MFS Investment
Management and Senior Lecturer at the Harvard Business School
"This book is a must-read for anyone investing money. I must
admit that I've lost money by not diversifying in the ways that
McCarthy suggests. McCarthy translates my random walk in the
investment world into a systematic way of investing safely while
also gaining growth. Buy this book. It's one of the best
investments you will ever make."
-- Bob Waterman, co-author of In Search of Excellence
"McCarthy's many years of management work in this country and
globally have given him special insights into what works for
investors and what doesn't. The Safe Investor pulls those
insights and stories providing readers with an essential
understanding of markets, investments and appropriate behaviors
that, if utilized, will serve them well for life. "
-- Norman M Boone, Mosaic Financial Partners
"Everyone knows that guy who refuses to stop for directions when
he is lost, embarrassed to admit they need help. Many people go
through life secretly intimidated by the topic of investing
reluctant to seek guidance. Even if you are one of the majority of
people who delegates the management of your hard earned money to
others, you owe it to yourself to understand the basics of
investing. In The Safe Investor, veteran money expert Tim
McCarthy demystifies investing and through colorful personal
experiences, shares practical lessons on the art and science of
managing money successfully."
-- Susanne Lyons, retired Chief Marketing Officer of
Charles Schwab, Inc. and Visa USA
"The Safe Investor is a masterful presentation. A powerful
message, simply expressed and wonderfully direct in an accessible
and non-lecturing style. Chapter 14 presenting step by step
suggestions for managing a personal portfolio, in particular,
should be a must-read for every household concerned about their
financial future."
-- Andrew Rudd, Chairman & CEO, Advisor Software, Inc.