Boom Or Bust: Understanding And Profiting From A Changing Consumer Economy [Paperback]

Douglas C. Robinson (Author), Charles L. Sizemore (Author)

Book Description

Publication Date: April 14, 2009

No one will ever be able to predict every twist and turn in the economy or in the financial markets. But over the medium and long terms, the economy is surprisingly predictable.By studying demographics and other key factors, accurate forecasts can be made for individual industries, real estate markets, and entire economies. These predictions can be used for the greater good so that investors, and government entities can more effectively plan and invest.In this book, Discover what really drives the economyUse demographic forecasting to better your life, business, and investmentsProfit during times of inflation and deflationUnderstand the significance of immigration and domestic migrationExamine opportunities in foreign marketsAnd much more!Despite the ups and downs in the business cycle, it is possible to cut down economics to its core. Learn what really matters with a book that provides the necessary tools so that everyone can ask the right questions to understand the system.

Product Details

• Paperback: 216 pages
• Publisher: iUniverse (April 14, 2009)
• Language: English
• ISBN-10: 0595510035
• ISBN-13: 978-0595510030
• Product Dimensions: 9 x 6 x 0.5 inches
• Shipping Weight: 11.2 ounces (View shipping rates and policies)
• Average Customer Review: 4.9 out of 5 stars  See all reviews (16 customer reviews)
• Amazon Best Sellers Rank: #1,136,392 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

6 of 7 people found the following review helpful:

5.0 out of 5 stars Critical demographic insights for investing today, July 19, 2009

By 

Gary Bang - See all my reviews
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This review is from: Boom Or Bust: Understanding And Profiting From A Changing Consumer Economy (Paperback)

This book presents data and analysis to understand the very significant impact that demographics plays on investing today. Demographics normally have an important role on economic trends, such as consumer spending. But with the aging of the Baby Boom generation, the authors demonstrate how demographics will have major impact on investments over the next ten years. The book explains how this generation is moving into period of their life where their spending will naturally decline. But baby boomers have seen their net worths in housing and investments cut dramatically by today's recession, so the natural decline in spending will be more dramatic as boomers focus on rebuilding their savings for retirement. The authors present a compelling case that this will be a major factor influencing portfolio returns.

In addition the authors do an excellent job of summarizing economic thought over the last century, and explaining how many of these thinkers have missed the critical impact of demographics.

Also nicely done was the excellent discussion of portfolio management and the value of
diversification. They add a critical element in my mind to portfolio management, which is adding a
step to layer one's economic view on top of portfolio theory. The authors insights into demographics makes it a critical step over the next decade.

I have followed the previous work of HS Dent, which the authors acknowledge and build upon. Demographic insights have assisted many investors in managing through the boom times of the '90's and the recessions of the current decade. I believe that the author's insights will help investors to manage through the tough times ahead.

3 of 3 people found the following review helpful:

5.0 out of 5 stars Will likely change your investment perspective., June 2, 2009

By 

Stephen D. Wysong (South Lake Tahoe, CA) - See all my reviews
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This review is from: Boom Or Bust: Understanding And Profiting From A Changing Consumer Economy (Paperback)

Interesting and informative. Many readers will say "I get it now". You don't need to be an economist to understand this.I am doing my 24 year old son a favor and sending him a copy. I wish I knew this at his age.

2 of 2 people found the following review helpful:

4.0 out of 5 stars Good briefing on today's relevant trends and why they exist., July 13, 2009

By 

J. Lucero (Lviv, Ukraine) - See all my reviews
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This review is from: Boom Or Bust: Understanding And Profiting From A Changing Consumer Economy (Paperback)

This book is a great place to start if you want to understand the latest trends in the world economy and how we got here. This book single-handedly illustrates what you might have to read 4-5 other books to understand. It is an eye-opener and an easy read.