From the Inside Flap
The secret to making money is sticking to the basics, butwhile they might be your best bet for success, they're not exactlythrilling. For years, Ben Stein has extolled the virtues of keepingthings simple, but many peoplemaybe you among themaretoo easily distracted by the lure of frills and fads promisingquick and easy riches to pay attention. Now, in How to ReallyRuin Your Financial Life and Portfolio, Stein takes atongue-in-cheek new approach, offering advice on how to succeedspectacularly . . . at losing money!
The ultimate how-NOT-to guide, this book highlights the 49 waysin which investors manage to torpedo their portfolios by ignoringthe simple facts of finance, to help you reconsider the way you'retreating your money before it's too late.
From believing you can outthink the market to assuming thatcurrent trends will last forever, and from ignoring your taxreturns to shunning financial advisors, this is the advice youabsolutely don't need. In his own inimitable style, Steindispenses the invaluable information that any intelligent investorshould avoid at all cost, to help you identify the problems withyour own portfolio-building efforts so that you can takecountermeasures to get your money working for you.
A laugh-out-loud approach to personal finance, Economist andcomic Ben Stein brings you the tips you need to know . . . if youwant to go broke. Explaining the rules for failure so that you canrun, screaming, in the opposite direction, How to Really RuinYour Financial Life and Portfolio explains the missteps thatcan destroy any portfolio to help you keep yours safe.
From the Back Cover
Praise for How to Really Ruin Your Financial Life andPortfolio
"A wise man once said, 'All I want to know is where I'm going todie so I'll never go there.' Ben Stein has applied this instructionto the investment world with his special brand of humor andinsights. Pay attention!"
WARREN E. BUFFETT
Chairman and CEO, Berkshire Hathaway Inc.
"I've always thought before you can learn how to become rich,you first have to stop doing the things that keep you poor. Leaveit to my friend Ben Stein to smack us all across the face and, justlike Cher in Moonstruck, get us to 'snap out of it.' It's anamazing wake-up call from an amazing guy, who gets it, and gets us,and now, is trying to help us. Financial advisors charge thousandsof dollars for this kind of insight. Talk about how to ruin yourfinancial life! Ben's much, much cheaper, and much, muchbetter."
Anchor and Sr. Vice President, Fox News Channel, Fox BusinessNetwork
"These are perilous times. Many face ruin and catastrophe. Youmust read this book to protect your portfolio and to makemoney."
author of A Gift to My Children