As the able politician, Rudy Giuliani once said, “Courage is not the absence of fear; rather it is the management of fear.” So too in the world of personal investing: success is not the absence of fear; rather it is the management of fear.
Lincoln, California (PRWEB) May 17, 2011
This personal finance book is novel in that it provides the personal financial basics to make it easy for investors and commissioned or fee-based advisors to practice very sophisticated Modern Portfolio Theory (“MPT”) merely by selecting existing and proven MPT portfolios from a trusted database. This technique produces MPT portfolios with superior annual money returns of more than 17%, year after year, through two bear markets, and for the ten years ending July 31, 2010
This book is also novel in that the author explains the personal financial basics of MPT in terms of three simple to understand elements. The author refines these elements in terms of 5 easy to apply Maxims of MPT. These Maxims allow investors and advisors to find an abundant number of investible MPT portfolios. The Maxims are based on Nobel Prize winning ideas and other highly respected and enduring financial research. In addition, the author identifies two fundamental reasons for chronic investor failure to achieve their goals. The book shows readers how to easily resolve these failures. In this nexus, the book identifies several alternative MTP portfolio options to choose from including a conservative option that produced an average return of more than 10% for the ten years ending July 31, 2010!
The author explains why it is so easy to obtain such consistent superior MPT returns year after year. Besides money performance, the book stresses proven strategies for efficient risk management for keeping investors invested during market crashes. And why MPT means more returns for less risk.
For individual investors, the book uses concrete real world examples and analogies to everyday experience to explain the abundant and hidden benefits of the five Maxims of MTP for increasing your money returns and lowering your investment risk.
For commissioned-based advisors, the book explains how to earn significantly more money and greater client retention opportunities by practicing the Maxims taught in this book. The author also shows commissioned advisors how to transition to a a fee-based practice with little financial pain.
For 401k plan sponsors, the book explains that federal appellate courts have ruled MPT to be the DoL investment standard since 1979. The book explains why MPT returns can be and are 1,700% higher than the documented returns of ordinary investors. Despite this fact, the book explains why MPT has not caught on. The book also outlines the likely consequences for sponsors who continue to fail to properly educate their participants regarding the five Maxims of MPT.
For 401k plan participants, the book explains how to identify and select appropriate MPTportfolio options from those typically offered by employers.
Purchase your 225 page, 230 footnote, ebook [“MAKE YOUR MONEY GROW FASTER AND LAST LONGER” at the low, limited time, exploratory price of $9.95 by clicking the following link for Kindle: http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Dstripbooks&field-keywords=victor+gonsalves&x=13&y=20 and http://productsearch.barnesandnoble.com/search/results.aspx?WRD=victor+gonsalves&box=victor%20gonsalves&pos=-1&ugrp=2 for Nook.
ABOUT THE AUTHOR:
The book’s author is Victor A. Gonsalves, former ERISA Attorney, Registered Investment Advisor, registered with the Security and Exchange Commission. Mr. Gonsalves has a Juris Doctor degree from the University of California Hastings College of the Law, San Francisco, California and a Bachelor of Science degree in Business Administration & Economics from the Hass School of Business, University of California, Berkeley, California.
Mr. Gonsalves has conducted ERISA seminars for the Continuing Legal Education of the State Bar of California; for the Continuing Education of California Certified Public Accountants and for the Continuing Education of PHR and SPHR designations.
Incidentally, this book was written in part to occupy the time during the author’s hemo-dialysis treatments. As result, this book is a story of a man who turned lemons into lemonade when end stage kidney failure caused him to abruptly end his active practices. On the other hand, this wonderful book probably would never have been written but for the author’s kidney failure.
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