Nov 7, 2007

For everyday investors

All of these insights and explanations should help everyday
investors navigate the difficult curves—and the easier straightaways—
on their financial highways. You must not be distracted
from good sense on the straightaways, as millions of investors
were in the late 1990s stock market. And you need to be increasingly
careful on the curves, because they are going to become
sharper and tighter in the years ahead.
At the end of the book, we discuss adjusting your portfolio
for the changed investing environment. We go into detail about
the markets where investors can take on more risk, especially
emerging markets. We look at what investors can do when the
Federal Reserve is tightening and when the Fed is easing. We talk
about betting on a longer-term dollar decline.

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