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Practical Lessons for Your Financial Life (Collection)

Book Description

A brand new collection of Saly A. Glassman’s powerful common-sense insights into personal financial security

Transform “fairy tale” stories into real financial security: an extraordinary collection of insights and how-tos from award-winning financial advisor Saly A. Glassman, including her breakthrough book, It's About More Than the Money!

Now available as a collection, Saly A. Glassman’s eBook Shorts teach no-nonsense financial lessons that everyone needs to learn. You’ll experience a quick, easy-to-read format that gets the point across fast! In Mirror, Mirror on the Wall: Personal Reflection for Sound Investing and Self-Improvement, Saly A. Glassman helps you seek your “true reflection” and understand three crucial realities about money. Discover how to build a happier, wealthier, and more fulfilling life.

The Princess and the Frog: Managing Your Word and Your Investments helps you fully understand the financial “deals” you’re making, comprehend their consequences, and proceed with clarity and integrity.

In Three Wishes: Why Wishing Is No Substitute for Financial Planning, Glassman explains why financial planning is even more important than you realize. Three Wishes clearly illuminates the consequences of poor planning and foolish goals and shows how to keep it from happening to you.

In The Emperor's New Clothes: Investment Strategies That Help Keep You Covered, Glassman shows how to recognize when you’re deceiving yourself. You’ll learn how to manage greed and fear, avoid getting enticed by “magic bullet” solutions like gold or real estate, implement safeguards that reduce your risks, gain courage to face the truth, and use that knowledge to build your potential for long-term financial security!

In addition to these four eBook Shorts, this exclusive Safari edition includes Glassman’s highly praised book It's About More Than the Money: Investment Wisdom for Building a Better Life. Acomplete plan for regaining control over your financial life, this book brings together 21 fundamental investment principles. Glassman offers real case studies and guides you through putting them to work. It’ll help you make wiser, better financial decisions—whatever your goals, whatever your age, and whatever the economy does next!

Table of Contents

  1. Title Page
  2. Mirror, Mirror on the Wall: Personal Reflection for Sound Investing and Self-Improvement
    1. Lesson 1: You Can’t Win by Cheating
    2. Lesson 2: It’s Best Not to Rely On Luck
    3. Lesson 3: An Honest Mirror Is a Valuable Asset
    4. Copyright Page
    5. Practical Social Marketing Tips to Make More Money
  3. The Princess and the Frog: Managing Your Word and Your Investments
    1. 1. Understand All Sides of a Deal Before You Make It
    2. 2. Look Ahead to the Consequences of Your Actions
    3. 3. Your Word Is a Commitment, and It’s One You Need to Keep
    4. Raising Smarter Princesses (and Frogs)
    5. Copyright Page
    6. Profiles of Remarkable Companies and Businesspeople
  4. Three Wishes: Why Wishing is No Substitute for Financial Planning
    1. Foolish Wishes
    2. Poor Planning
    3. Connected Consequences
    4. No Options
    5. Better Wishes
    6. Copyright Page
    7. Profiles of Remarkable Companies and Businesspeople
  5. The Emperor’s New Clothes: Investment Strategies That Help Keep You Covered
    1. Diversification of Investment Risk—Seeing What Is There and What Is Not
    2. Be Alert to Manipulation—Think for Yourself. Ask, “What Do I See?”
    3. It’s Not Mind Over Matter, It’s Minding What Matters
    4. Trust Your Instincts—You Have What It Takes to Be a Leader
    5. Copyright Page
    6. Practical Lessons for Your Financial Life
  6. It’s About More Than the Money: Investment Wisdom for Building a Better Life
    1. Copyright Page
    2. Dedication Page
    3. Table of Contents
    4. Acknowledgments
    5. About the Author
    6. Introduction
      1. Hello
    7. Chapter 1. Rules Are Essential, but They Do Not Guarantee a Win
      1. Evaluate the Investment Rules You Followed
      2. Examine How Well You Followed the Rules
      3. Get Back in the Game
    8. Chapter 2. Focus Your Predictions on What You Can Control: Your Priorities
    9. Chapter 3. Let Go of What Might Have Been
      1. Step 1: Learn to Recognize the “What Might Have Been” in Your Language
      2. Step 2: See It for What It Really Is
      3. Step 3: Eliminate the “What Might Have Been” from Your Language
    10. Chapter 4. Take Responsibility
      1. Option 1: Blame Others
      2. Option 2: Take Responsibility
      3. A Master Plan for Your Life
    11. Chapter 5. Do What You Know and Recognize What You Don’t Know
    12. Chapter 6. Have Investment Rules That Work for You
      1. Rule #1: As the Investor, I Must Understand What I Own
      2. Rule #2: I Must Understand the Degree to Which My Investments Are Truly Liquid
      3. Rule #3: My Investments Should Be Completely Transparent
      4. Rule #4: My Investments Must Be Audited by Federal Regulators and/or an Independent Third Party
      5. Rule #5: I Must Understand How I Am Paying for Investment Advice, Services, and Products
      6. Rule #6: I Have Personally Investigated the Character of the People with Whom I Associate and Do Business. I Did Not Delegate This Critical Responsibility to a Third Party
    13. Chapter 7. The Time to Have the Fire Drill Is Not in the Middle of the Fire
      1. Communication with Advisors
      2. Wills and Estate Planning
      3. Tax Planning
      4. Protection of Spouses and Gifting to Children and Charitable Interests
      5. Asset Allocation and Investment Strategy
    14. Chapter 8. The Best Advice Is Sometimes About What Not to Do
      1. Investing with Friends
      2. Overextending Your Borrowing
      3. Living the Consequences of Someone Else’s Choices
      4. Getting Attached to Things and Not Wanting to Sell
    15. Chapter 9. Appreciate the Value of Holding on to What You Have
      1. You Could Misplace It
      2. You Could Waste It
      3. You Could Lose It in the Financial Markets
      4. You Could Have It Stolen from You
      5. You Could Gamble It Away
      6. You Could Give It Away
      7. You Could Lend It and Not Get Repaid
      8. Holding on While Getting Ahead
    16. Chapter 10. Know What You Want to Accomplish
      1. Capital Preservation
      2. Income
      3. Income with Growth
      4. Growth
      5. Aggressive Growth
    17. Chapter 11. Be Clear About What You Have and What You Don’t Have
    18. Chapter 12. Expect to Pay a Price—Either Now or Later—for the Choices You Make About Handling Your Money
      1. 1. Estimate Your Desired Income in Today’s Dollars
      2. 2. Determine Your Time Frame for Financial Independence
      3. 3. Adjust the Income Figure for Future Inflation
      4. 4. Calculate the Ending Balance You Need to Support the Inflated Income Figure
      5. 5. Estimate Your Starting Balance Using Liquid Assets and Possibly Adding Other Assets That Are Soon to Become Liquid
      6. 6. Estimate the Future Value of Your Current Assets, Using a Rate of Return That Is Realistic Based on Your Investment Portfolio and Asset Allocation
      7. 7. Subtract the Difference Between What You Need for Your Ending Balance and What You Have Now
      8. 8. Calculate the Amount You Need to Save Each Year—for Your Designated Time Frame—to Close the Gap and Potentially Achieve Financial Independence
      9. 9. Develop an Asset Allocation Plan
      10. Paying Now
      11. Paying Later
      12. Making the Choice
    19. Chapter 13. Know the Essence of Your Advisor’s Brand
      1. Option 1: Ask the Advisor Directly About the Brand
      2. Option 2: Ask Other People About the Advisor’s Brand
      3. Option 3: Meet Several Advisors to Compare Their Brands
      4. Option 4: Recognize and Respect Your Gut Reaction
      5. Option 5: Know the Brand You Want
      6. Option 6: Live It
    20. Chapter 14. Does Your Advisor Care Deeply About You?
    21. Chapter 15. Expect to Be Taken Care Of
      1. Recognize What Is Important to You
      2. Ask for It
      3. Know If You Are Getting It
    22. Chapter 16. The Investor’s Perception Is the True Reality
    23. Chapter 17. Crises Are Like Little Gifts
      1. Crises Force You to Examine Your Behavior
      2. It’s Foolish to Waste a Good Crisis
      3. Crises Give You a Chance to Gain Objectivity
      4. Crises Give You an Opportunity to Enhance Communication with the Important Players
      5. Crises Force You to Reevaluate Your Priorities
    24. Chapter 18. The Most Valuable Things in Life Do Not Involve Currency
      1. Paula and Maureen
    25. Chapter 19. Find the Courage You Need to Have Integrity
    26. Chapter 20. There’s an Entire Economy in What We Consume and Waste
    27. Chapter 21. Make It Happen
      1. Respect Rules, but Appreciate Them for What They Are
      2. Choose Your Financial Advisor Deliberately and Carefully
      3. Take Responsibility
      4. Plan
      5. Be Strong
      6. Keep Your Eye on the Big Picture
      7. Make It Happen
    28. Appendix: Formulas Used for Chapter 12 Calculations
      1. Review of Step 3: Adjusting Your Monthly Financial Needs for 3% Inflation over 25 Years
      2. Review of Step 4: Calculating the Capital Investment Value Needed to Generate the $15,700 Monthly Draw ($188,000 Annually) Needed 25 Years from Now
      3. Review of Step 6: Calculating the Future Value of $250,000 Today After 25 Years of Returns at a Rate of 7%
      4. Review of Step 7: Calculating the Asset Gap Needing to Be Filled by Savings and Investment Returns over the Next 25 Years
      5. Review of Step 8: Calculating the Amount You Will Need to Save Annually for 25 Years to Close the Retirement Investment Gap
    29. Index
    30. Financial Times Press