Facing Goliath: How to Triumph in the Dangerous Market Ahead [Paperback]

Keith Springer (Author)

Book Description

Publication Date: June 15, 2011

A convergence of forces is brewing up a storm of epic proportions. Few will see it coming. Those who are prepared will prosper, while the rest will likely endure serious financial and personal hardship. Facing Goliath sums up complex economic concepts and often-overlooked historical perspective in an engaging style and a sensible approach to impending investment challenges. This book explains—in plain English—how we as a nation got into the current financial dilemma, why it’s not going away anytime soon, and how to prepare for the exceedingly dangerous economic environment that lies ahead.

Product Details

• Paperback: 192 pages
• Publisher: iUniverse (June 15, 2011)
• Language: English
• ISBN-10: 1462002102
• ISBN-13: 978-1462002108
• Product Dimensions: 6 x 0.4 x 9 inches
• Shipping Weight: 8.8 ounces (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (27 customer reviews)
• Amazon Best Sellers Rank: #201,819 in Books (See Top 100 in Books)

More About the Author

Keith Springer is the author of "Facing Goliath: How to Triumph in the Dangerous Market Ahead", radio host of "Smart Money with Keith Springer" on 1530 KFBK, editor of "Smart Money Newsletter". Keith Springer is a financial planner, a market technician, a financial writer,multinational philanthropist, founder of Top Down Tactical™ and President and founder of Springer Financial Advisors in Sacramento CA, an SEC Registered Investment Advisor. He has developed a proprietary process for successfully building tax-efficient and retirement portfolios and has been providing specialty wealth management services for over 27 years.

Keith frequently appears as a pundit on national financial news outlets including CNBC, FOX Business, ABC News and Bloomberg. He is regularly quoted in international publications such as The Wall Street Journal, The New York Times, The Washington Post, Forbes, Fortune and many more. To receive up-to-date market insight and analysis, subscribe to Keith's free newsletter at www.keithspringer.info.

Most Helpful Customer Reviews

5 of 5 people found the following review helpful

5.0 out of 5 stars Mandatory Reading for anyone nearing retirement June 14, 2011

By Charles Lewis Sizemore, CFA

Format:Paperback

It was just three years ago that the financial world as we know it ended in the spectacular collapse of the real estate and banking sectors. Hundreds of billions of dollars in stock market values and home equity evaporated almost overnight, delaying indefinitely the retirement plans of many baby boomers. Yet now, after more than two years of almost uninterrupted bull market, investors appear to be letting their guard down again and are making many of the mistakes they made in the years leading up to the crash. To give an example, risk premia in junk bonds and emerging market bonds have all but disappeared--implying that investors believe that these volatile sectors are no longer risky. Easy money made available by the Federal Reserve has helped to unleash the market's animal spirits again, but is the optimism warranted?

In Facing Goliath, Keith Springer gives it to you straight. He is neither a bull nor a bear; he is a realist. There are plenty of attractive investment opportunities out there for investors willing to take a tactical approach. But those investors accustomed to growing wealthy by buying and holding have a long, hard slog in front of them. The tailwinds that pushed the market forward over the past 30 years have now reversed to create some very menacing headwinds. Unlike in 1982, the start of the last secular bull market, we are not starting from a position of high and falling interest rates and inflation; both are near 30-year lows.

Furthermore, the easy credit that characterized the period is now a thing of the past. Rather than make new loans, banks are struggling to repair their balance sheets. And consumers, given that their homes are likely underwater, have little interest in borrowing more, even at rock-bottom rates.

Using historical examples ranging from 18th century France to 1990s Japan to support his arguments, Springer sees a prolonged period of on again / off again deflation and advises his readers on how best to invest in this climate.

If you are concerned about your retirement savings, pick up a copy of Facing Goliath.

1 of 1 people found the following review helpful

5.0 out of 5 stars Precise, concise, no fluff August 29, 2011

By Bill Pennock

Format:Paperback

Keith is a master at taking complex subjects and boiling them down to the basic driving facts. Once done with that he can weave the emotional texture over the top so you can cope with both the long term market drivers and the short term pounding of the drums. He is focused and doesn't fill the book with alot of redundant noise or divergent paths. It is precise and to the point. It will not waste your time on any page. While not the only book you should read it is one of the MUST reads, and multiple reads in my library.

5.0 out of 5 stars THE LISA BRYS SHOW AM 1380 KTKZ - Sat 7 a.m. October 4, 2012

By Lisa Brys

Format:Paperback

I research the guests for my radio show THE LISA BRYS SHOW on AM 1380 KTKZ on Saturday morning's at 7:00 a.m. and I was interested in finding an expert in the financial field.

I had heard of Keith Springer on the Armstrong and Getty Show and had run across his book Facing Goliath in my local Berean bookstore.

His book is wonderful, he made difficult financial information easy to understand and fun! I look forward to Keith being on my show January 12, 2013.

Thank you Keith,

Lisa Brys