Is Your Retirement Heading in the right Direction?
Omaha, NE (PRWEB) April 11, 2006
Seniors who want to enjoy retirement should plan to maximize their returns while minimizing risk, says Steve Casto in his new book "Is Your Retirement Heading in the right Direction?". This book illustrates a proven technique for eliminating this fear felt by the majority of senior citizens.
Chapter 2 was written to share the truth about investing and to reveal the illusions and traps that ruin many portfolios and set up investors for failure from the start. Virtually everyone is affected. Yet many do not know how to determine if their funds will carry them through old age. Steve Casto illustrates in his book a proven technique for handling one’s funds prudently enough to overcome this hurdle.
Author Steve Casto said, “The reason I wrote this book is because I got tired of seniors using the wrong strategies and following the wrong advice thus putting too much stress on themselves as their funds dwindled. As a senior adviser, I’ve seen too many cases of seniors making wrong decisions, following bogus advice or leaning too heavily on unqualified people to map out their financial future. I wrote this book to help them prevent those costly mistakes.”
What are some of those costly mistakes that almost no one wants you to know about? Some of the bigger ones are: Gambling with your money like trying to time the market and using past performance as a guide, mistaking a lot of “stuff” for true diversification, believing all risk is equal and believing there are no hidden costs.
As Steve Casto shares, “Give me a few minutes and I will show you what almost NOBODY in the financial community wants you to know. Let me ask you a question, When is the best time to be prudent? Most investors respond, “It is always the right time to be prudent.” And they’re exactly right. If imprudent risk-taking and speculation has cost you money, the worst thing that you could do is participate in imprudent, speculative, and risk-taking activities going forward.
According to Alan Abrams of Forward Reviews, “This could and should become a Baby Boomer’s Bible. So what makes this book so palatable? Primarily, it is Casto’s sincerity, which he conveys through wisdom.”
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