Protect Your Wealth from the Ravages of Inflation

1. Front Matter

   Pages i-xvi

   PDF

2. Financial Fitness

   • Paul M. King

   Pages 1-11

3. Inflation: What’s the Problem?

   • Paul M. King

   Pages 13-38

4. Step 1: Set Up an Emergency Fund

   • Paul M. King

   Pages 39-49

5. Step 2: Make Savings and Working Capital Work for You

   • Paul M. King

   Pages 51-67

6. Step 3: Generate a Good Risk-Adjusted Return on Investments

   • Paul M. King

   Pages 69-106

7. Taking Control

   • Paul M. King

   Pages 107-115

8. Back Matter

   Pages 117-129

   PDF

Protect Your Wealth from the Ravages of Inflation is for people who have financial assets to protect in an unpredictable, inflationary environment. Maybe you have tried traditional financial advice, financial planning, and passive investment management techniques and you're still losing ground. Maybe you're worried that by the time you need to use it, your retirement fund will be worth less than your total contributions. Maybe you believe that high inflation will significantly decrease your standard of living in the future. Maybe all of these issues apply to you. Don't despair; help is at hand.

Protect Your Wealth from the Ravages of Inflation is a concise, no-nonsense, straightforward guide that will help you to do three things: 

1. Ensure that your emergency fund will still have some purchasing power when you need it. Emergency funds sitting in checking accounts, or near-cash investments, will just be eaten away by inflation. There is a better way to give you access to the cash you need when you need it. This book shows you how. 

2. Insulate you from significant changes in the strength of your home currency. If all your income and expenses are in a single currency like the U.S. dollar, you run a significant risk that your home-country currency will lose value. Currency risk in your income-purchasing power and working capital is often overlooked until it's too late to do anything about it. This book deals with this issue and gives you easy-to-follow advice to protect the value of your money. 

3. Generate a better risk-adjusted return in your investment accounts. Buying a basket of stocks and mutual funds and then performing the traditional “annual rebalancing of a diversified portfolio” just doesn't generate the returns most people require from their investments. This book shows you simple, powerful, and sophisticated techniques you can use to manage your investment accounts more effectively—and without making it a full-time job.

Protect Your Wealth from the Ravages of Inflation can't guarantee that you will meet your financial goals, but it can guarantee that your odds of success will be significantly increased if you follow its advice. The book:

• Explains why traditional investing methods virtually guarantee a negative rate of return in real terms.
• Illustrates the pernicious effect of inflation on an average investor's portfolio—and why an inflationary period may be in the offing.
• Provides a three-step process to withstand emergencies, protect your liquid assets, and produce a superior risk-adjusted return on a stock portfolio compared with conventional investing methods.  

Paul M. King is owner, head trader, trading coach, and financial consultant at PMKing Trading, LLC. His background is in information systems, but he moved from technology to the business side as a consultant to Wall Street companies. King is passionate about trading and helping traders improve their performance through his international mentoring program. He has trading clients all over the world, including in the U.S., Canada, South America, and Australia. As well as sharing his insights in his blog, mini-eBooks about trading, and articles published in Futures magazine and elsewhere, King is very interested in personal finance and helping his clients become wealthier. Author of The Complete Guide to Building a Successful Trading Business, King s philosophy on trading and life in general is summed up by this old Chinese proverb: Those who say a thing is impossible should not interrupt the people doing it.