Synopses & Reviews
With no end to the global debt crisis in sight and the American economy sinking into depression, traditional advice on money could lead millions of innocent victims down the road of deepening losses. But with this timely book, Martin Weiss will guide you to the truly safe havens and show you how to turn this crisis into a unique wealth-building opportunity.
As Editor of the Safe Money Report and author of Crash Profits, Martin Weiss specifically warned of this crisis well before it began. He helped thousands of investors avoid losses by forecasting the financial difficulties of Washington Mutual, Wachovia Bank, Fannie Mae, Lehman Brothers, General Motors, and Citigroupplus nearly every major troubled firmwell in advance. Indeed, the accuracy of his analysis is why the U.S. Government Accountability Office has praised his work; the New York Times wrote that he was "the first to warn of the dangers and say so unambiguously"; and the Wall Street Journal reported that his company's research outperformed that of all Wall Street firms they covered.
Martin Weiss's father, one of the only economists in the modern era who not only advised investors during the 1930s Great Depression, but also predicted it, performed a similar service for investors. And now, with The Ultimate Depression Survival Guide, Weiss combines the past analysis of his father with his own contemporary insights to help you protect your money, improve your income, and build wealth in the worst of times.
Step by step, Weiss outlines effective strategies that will help you to sidestep the continuing dangers in stocks, cut your losses in real estate, escape a banking crisis, build a substantial cash nest egg, and put that cash away in the safest possible place. If you feel you're stuck with sinking real estate or falling stocks, he offers you a solution that will help you sleep at night despite continuing market declines. Plus, he shows you how to recognize the ultimate bottom in real estate and stocks, giving you the opportunity to buy choice assets at bargain prices.
For the duration of this crisisand beyondyou can also benefit from regular follow-up e-mails directly from the author. Visit www.moneyandmarkets.com/guide to sign up for free financial updates such as critical warnings on upcoming dangers and new opportunities as they arise.
To survive the crisis on Wall Street and Main Street, you don't need extensive investing experience or the ability to forecast the future. All you need is the courage to get out of its way. So throw out your preconceived notions, start with a clean slate, and follow the commonsense guidance found in this reliable resource to surviveand thriveduring the turbulent times ahead.
Synopsis
The Ultimate Money Survival Guide is a reader's roadmap to success in today's volatile economy. It offers insight into the current threats faced by American investors, such as the housing bust, credit crunch and declining dollar. The book provides a roadmap to help the reader protect, save, and grow their money during these volatile times. Weiss highlights how to protect yourself from problems ranging from inflation and deflation to a stock market crash, as well as how to boost your income. It also introduces some of the 21st centuries most promising opportunities in areas ranging from global investing to foreign currency to energy; including, life insurance, annuities, wealth protection, and long term care insurance.
Synopsis
The Ultimate Money Survival Guide is a reader's roadmap to success in today's volatile economy. It offers insight into the current threats faced by American investors, such as the housing bust, credit crunch and declining dollar. It also introduces some of the 21st centuries most promising opportunities in areas ranging from global investing to foreign currency to energy.
Synopsis
Having an effective financial and personal plan for the future is now more crucial than ever. And with
The Ultimate Money Survival Guide,readers will quickly learn how to create such a plan. This comprehensive guide was especially designed to help people map out a practical financial plan in this unpredictable economic environment, so that they can stop worrying about their money and just enjoy life. Step by step, Martin Weiss--America's Consumer Advocate for Financial Safety--introduces, explains, and helps solve many of the new challenges and risks that face millions of Americans. Throughout the book, Weiss provides readers with sound strategies for coping with the credit crunch, housing bust, and decline of the U.S. dollar.
The Ultimate Money Survival Guidealso examines important topics that today's investor must be familiar with--including global investing, foreign currencies, and commodities--if they intend to make it through the decade ahead.
Martin D. Weiss, PhD (Palm Beach, FL), is chairman of The Weiss Group, LLC, which consists of three separate corporations, including Weiss Research, Inc. Weiss Research is dedicated to providing information and tools to help investors make sounder financial decisions and offers its insights on MoneyandMarkets.com. Weiss is the editor of the financial newsletter Safe Money Report,known for its track record in picking major turns in interest rates. He is the author of The Ultimate Safe Money Guide: How Everyone 50 and Over Can Protect, Save, and Grow Their Money(978-0-471-15202-6) and Crash Profits: Make Money When Stocks Sink and Soar(978-0-471-42998-2).
Synopsis
An insightful look at how to protect, save, and grow wealth in difficult economic times
Having an effective financial and personal plan for the future is now more crucial than ever. And with the bestselling The Ultimate Depression Survival Guide now in paperback, you'll quickly learn how to create such a plan. This comprehensive guide was especially designed to help people map out a practical financial plan in this unpredictable economic environment, so that they can stop worrying about their money and just enjoy life.
Step by step, Martin Weiss-America's Consumer Advocate for Financial Safety-introduces, explains, and helps solve many of the new challenges and risks that face millions of Americans. Throughout the book, Weiss provides you with sound strategies for coping with the credit crunch, housing bust, and decline of the U.S. dollar.
- Discusses different ways to adapt to the realities of continuous market volatility
- Contains solutions to dealing with sinking real estate or falling stocks
- Examines the opportunities you'll have to buy choice assets at bargain prices during a depressed economy
The Ultimate Depression Survival Guide also examines important topics that today's investor must be familiar with-including global investing, foreign currencies, and commodities-if they intend to make it through the decade ahead.
Synopsis
"Absolutely provocative! Martin Weiss's prediction of the current economic crisis is uncanny. A must-read for the investor who wants to know what happens next!"
—CHRISTOPHER RUDDY, Editor, Newsmax.com
Martin Weiss was "the first to warn of the dangers and say so unambiguously."
—THE NEW YORK TIMES
"Depressions don't happen very often. Psychologically and practically, people are never prepared for them. Martin Weiss has done an excellent job of helping readers understand what they must do to adapt to the grim realities of a depressed economy."
—BILL BONNER, President and CEO of Agora Financial; bestselling author of Mobs, Messiahs, and Markets and Empire of Debt
Weiss is "the leader in identifying vulnerable companies."
—BARRON'S
"The author's father, Irving Weiss, was a historian of deflation. It's a shame he is not around to see the result of the unrestrained credit expansion that he so consistently warned against. Fortunately, his son carried on the legacy of his father with intelligence and aplomb."
—ROBERT R. PRECHTER Jr., author of Conquer the Crash
"In a lively and informative read, veteran investment analyst Martin Weiss provides meaningful insight into the financial dangers confronting us and serves up a course of action to avoid further wealth destruction."
—DAN DORFMAN, financial columnist and commentator
"Dr. Weiss shares with us his unequaled advice for investors during these frightening times. The valuable insight in this book is vital information for all investors looking for safe harbor in a very choppy ocean."
—KEVIN KERR, Editor, Global Commodities Alert
"This is Weiss's best book ever and so appropriate for the tough times! He tells all the steps we need to take now to protect ourselves and our families from financial disasters."
—STEVE CROWLEY, Host, American Scene Radio and WallStreetCast Television
"Martin's work is always clear, direct, and actionable. Read this book and you'll have a plan for growing your wealth rather than losing it in the difficult period ahead."
—Addison Wiggin, Executive Publisher, Agora Financial LLC; author, I.O.U.S.A.
About the Author
Martin D. Weiss, PhD, is President of Weiss Research, Inc., and Editor of the Safe Money Report, known for warning investors of this crisis well ahead of time. He is the author of two other Wiley bestsellers, including The Ultimate Safe Money Guide: How Everyone 50 and Over Can Protect, Save, and Grow Their Money and Crash Profits: Make Money When Stocks Sink and Soar.
Table of Contents
Introduction.
Chapter 1: Why a Depression Is Inevitable.
How to Reduce Debts in Bad Times.
How to Protect Your Job in Bad Times.
Chapter 2: How to Escape the Housing Nightmare.
10 Steps for Selling Your Home in a Sinking Market Want to Keep Your House Come Hell or High Water?
Then Here’s How to Cut Expenses or Get Assistance.
Chapter 3: Sell Your Stocks—Before It’s Too Late!
How to Get Your 401(k) Out of Danger.
Chapter 4: The Hidden Traps of Wall Street.
With Most Corporate and Municipal Bonds Overrated, Here’s What to Do With Them.
How to Find Safe Insurance.
Chapter 5: How Safe Is Your Bank?
How to Save in a Depression.
What Happens to Your Money If Your Bank Fails.
Chapter 6: The Safest Place in the World for Your Money.
How to Use a Treasury-Only Money Fund for Almost All Your Banking Needs.
Chapter 7: All-Weather Investments for the Best and the Worst of Times.
How to Build Your Personal Hedge Program.
Chapter 8: How to Profit Directly from the Decline.
How to Go For Profits in a Down Market.
Chapter 9: How to Continue Making Money Even with the Worst Disasters.
How to Invest in Foreign Currencies.
Chapter 10: When to Buy the Best Bargains of the Century.
Basic Principles for Buying at the Bottom.
Chapter 11: Bonds: Your First Great Income Opportunity.
How to Maximize Your Yield with Safety.
Chapter 12: Dividends: Your Second Great Income Opportunity.
How to Find Stocks with Steadily Rising Dividends.
Chapter 13: The Great Fork in the Road: Inflation or Deflation?
How to Invest in Gold in a Depression.
Chapter 14: The Triumph of the Dollar.
Chapter 15: The Foundation for Recovery.
Chapter 16: Future Fortunes.
Five Golden Rules for Building New Fortunes.
Acknowledgments.
About the Author.
Notes.
Index.