Investing through the looking glass
a rational guide to irrational financial markets
- ISBN: 9780857195364
- Editorial: Harriman House Publishing
- Fecha de la edición: 2017
- Lugar de la edición: Hampshire. Reino Unido
- Encuadernación: Rústica
- Medidas: 21 cm
- Nº Pág.: 225
- Idiomas: Inglés
The investment markets have never been more dangerous. Interest rates are at all-time lows; the sanctity of cash deposits is under threat; government bonds are expensive and offer ultra-low or negative yields; equity markets are largely detached from reality after years of loose monetary policy. Investors need to calibrate themselves to the realities of this extraordinary new environment so that they can protect their wealth and, ideally, prosper. In Investing Through the Looking Glass, longstanding portfolio manager and investment columnist Tim Price identifies and shatters a number of investment myths and misconceptions. He questions whether stock markets inevitably rise over the longer term, whether bonds continue to be relevant as a failsafe low-risk asset, whether professional fund managers represent "smart money", and much more besides. But this is not just a counsel of despair. Having identified the problems besetting today's investor, the focus then moves on to practical guidance to help investors preserve and grow their capital in this age of inflationary and deflationary uncertainty.