One of the goals stated on Martin Weisss Web site is to be the No. 1 authority on conservative money investment strategies, and his book The Ultimate Safe Money Guide
certainly reflects that intention. Aiming at those 50 and over, Weiss offers advice on everything from real estate and insurance to annuities and tax-exempt bonds. What makes The Ultimate Safe Money Guide
especially timely (this book was written before the Enron disaster made headlines) is the contempt in which he holds both Wall Street and corporate America. According to Weiss, hype and distortion is the norm, both in the brokerage/analyst community and in how American business discloses its financial results. He writes that stock ratings are bought by the companies, and that based on significant discrepancies between the earnings and cash flow of 6,000 companies his firm has analyzed, 31 percent may be guilty of manipulating their earnings reports. And while Weiss does not eschew stock market investing altogether (his firm sells stock advice), he believes most investors, especially those over 50, need to seriously rethink their risk tolerance for stocks. The Ultimate Safe Money Guide
goes against the grain of most investment advice on the market today, but if retirement is on your horizon, Weisss advice is worth considering. --Harry C. Edwards
From the Inside Flap
In todays new era of uncertainty, millions of mature Americans over fifty face a number of urgent financial questions: Where can I find truly safe investments? How can I protect myself against investment losses? How can I prevent or offset a decline in income? Which annuities and insurance policies are rip-offs and which ones are good deals? What should I do to plan for my long-term health care? If you are over fifty, and your answers to these vital questions are off course, you may not have enough time to recoup. When youre planning for your future and your retirement, its essential to have all the facts and the best possible guidance right here and now.
The Ultimate Safe Money Guide fills this urgent need in a way that is especially comforting in a time of new risks and dangers in the wake of the World Trade Center tragedy. As the nations only provider of independent financial safety ratings, Martin Weiss has helped millions of Americans find safety in an often unsafe world; and, in this book, he sets forth the rules and guides you, step-by-step, on the path to safety, yield, and profits.
This comprehensive guide begins by helping you to avoid stock market scams, recognize the pitfalls of "free investment advice," and recover money lost by careless, unethical, or dishonest brokers. Youll also learn how to arm yourself with powerful, independent information that is not biased by any conflicts of interestso you can make your own investment decisions based entirely upon your needs. With the special Risk Self-Test devised by the author, you can rest assured that your investments will match your personal risk level.
The Ultimate Safe Money Guide offers a proven and effective plan for preserving your nest egg, building your wealth, and securing your retirement. It gives you a sound step-by-step plan for maximum safety and yield, while laying out a very straightforward strategy for maximizing profits even in uncertain times. This unique guide gives you some of the soundest investment tools youve ever seen or are ever likely to see, but it doesnt stop there. Youll also learn how to:
- Offset the financial burden of medical and health care costs
- Research and locate the right life insurance
- Evaluate, on your own, the pros and cons of almost every kind of annuity
- Choose the only health insurance solution that makes sense for seniors
- Navigate the maze of long-term care insurance
The Ultimate Safe Money Guide also provides a special chapter for widows, widowers, divorcées, or anyone who is making financial decisions for the first time. Like every other chapter in this book, it couldnt be easier to read or simpler to followa great source of guidance and comfort for the most critical juncture in your life. The valuable insights and expert advice on health care, insurance, investments and retirement savings, housing decisions, and long-term care will help you make choices during a time when you should stop worrying about money and enjoy your life.