The Citibank Guide to Building Personal Wealth : Essential Information for the Asia-Pacific Investor [Paperback]

Citibank N.A. (Author)

Book Description

Publication Date: January 17, 2005 | ISBN-10: 0470821345 | ISBN-13: 978-0470821343 | Edition: 1

The vast majoirty of personal finance books are published in the US and there are really no suitable personal finance books aimed specifically at investors in Asia-Pacific. This timely and practical book will offer advice to readers on how to inculcate an understanding of the value of asset allocation and the importance of monitoring the overall performance of a portfolio rather than fixating on the performance of individual investments. It will be useful to readers who are quite new to investments and those who are relatively sophisticated.

Editorial Reviews

From the Inside Flap

THE CITIBANK GUIDE TO BUILDING Personal WEALTH

ESSENTIAL INFORMAITN FOR THE ASIA PACIFIC INVESTOR

The Citibank Guide to Building Personal Wealth is a comprehensive guide to investing in a disciplined manner to grow your wealth.

In Asia, the demand for sophisticated and trustworthy wealth management advice is growing. This book provides readers in Asia with the tools to:

• review their present situation,
• establish their financial goals, and
• develop a realistic plan that can lead to long-term financial security.

Essential topics covered include:

• Optimizing the long term growth potential of your portfolio
• how to invest in mutual funds
• why asset allocation matters
• hedging risks
• using tailor-made structured products
• low risk foreign exchange trading
• successful retirement planning
• reducing risk through insurance

Citibank is uniquely qualified to present this information. For more than 20 years we have been successfully helping our customers in Asia to protect and grow their wealth, and to plan for future generations.

As the largest financial services company in the world, one of Citibank's missions is to provide the information and tools you need to make good financial decisions. Citibank believe that a solid financial education is critical when it comes to making smart choices about money. Use this book as a manual to help you manage your investments and achieve your financial goals.

From the Back Cover

THE CITIBANK GUIDE TO BUILDING Personal WEALTH

ESSENTIAL INFORMATION FOR THE ASIA PACIFIC INVESTOR

LEO GOUGH WITH THE CITIBANK ASIA WEALTH MANAGEMENT TEAM

Managing our money, managing our investments, is increasingly important and yet the financial environment has never been more complicated. This book offers good advice for those of us living in Asia.
—Philip K.H., Ma, Group Managing Director, The Sincere Company Limited Hong Kong Retail Management Association Chairman (1996-2000)

People are increasingly aware of the need to learn how to better manage their finances. This book takes the mystery out of personal financial planning by providing practical and sound advice on a wide range of money management issues. The book's jargon-free and succinct writing style will appeal to those eager to take the first steps toward long-term financial planning.
—Dr. Fong Wai Mun, Associate Professor in Finance, NUS Business School

This is the first book that I have read that offers an insightful and wide discussion of the investment options open to an individual in Asia. The glossary of investment terms together with the detailed application of concepts and numerical illustrations will appeal to those starting their career, in mid-life or those planning their finances for a happy debt-free retirement with plentiful financial resources.
—Dr. Sivalingam, Professor and Head, Department of Finance and Banking, University of Malaya

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Product Details

• Paperback: 220 pages
• Publisher: Wiley; 1 edition (January 17, 2005)
• Language: English
• ISBN-10: 0470821345
• ISBN-13: 978-0470821343
• Product Dimensions: 8.9 x 6 x 0.8 inches
• Shipping Weight: 1.2 pounds (View shipping rates and policies)
• Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #5,063,020 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

7 of 7 people found the following review helpful:

3.0 out of 5 stars Good brief summary, December 28, 2004

By 

Leonard Ye (Singapore) - See all my reviews
(REAL NAME)   

This review is from: The Citibank Guide to Building Personal Wealth : Essential Information for the Asia-Pacific Investor (Paperback)

This book covers a wide range of investment vehicles available to asia-pacific investors, in a brief way. It benefits beginner investors the most to provide a broad overview of investment. With a basic mostly-accurate overview, beginner investor can look up specific topics from other books. However, don't spend too much time on this book if you couldn't understand certain topics as they are covered too briefly. For an example, the book just mentioned the inverse relationship between the interest rate change and change of the market value of bonds without giving any explanation. However can a average beginner, to whom this book is targeted, understand this?

This book is somewhat useful to intermediate investors to refresh their knowledages on various topics from various sources. It pieces them together. Nothing is covered in depth, whatever is covered is the most essential and mostly-accurate.

I'd like to give 4 stars until I read the last few chapters. Besides several obvious typos through out the book, there are two serious mistakes that I can't believe they could occur with a serious publisher like John Wiley, I have never encounter similar errors from any respectable publishers.

(1) In a chapter about insurance, the last paragraph on pg. 183 and first paragraph on the subsequent page are a direct cut-and-paste from pg. 138, which discusses efficient market theory. The paragraphs are total out of context.

(2) the only two formulas in this book is on pg. 214. both are formated in a very ugly way, the second is totally wrong, or it is too ugly for me the understand. The formulas are presented in a pure text format as in ".txt" file. You can imagine how horrible it is, and I can't imagine this could occurs to a publisher who is well-known for it scientific publications.