Wealth Mismanagement

Wealth Mismanagement
Author: Ed Butowsky
Publisher: Post Hill Press
Total Pages: 155
Release: 2019-08-13
Genre: Business & Economics
ISBN: 1642932353

Millions of us are committing a slow, imperceptible form of financial suicide. Chances are your IRA or 401(k) carries far more risk than you realize, lacks real diversification that could reduce downside risk, and is falling behind the underreported rate of inflation that eats away at your retirement fund every year. In the next market crash, you could be left vulnerable and unprotected. Wall Street financial advisers are supposed to build and preserve your wealth, yet they are untrained in portfolio construction and how to contain risk and bulletproof your investments. They charge high fees and sometimes put their own interests ahead of yours. Now Ed Butowsky, a Wall Street insider who spent two decades as one of the top producers at the fabled firm of Morgan Stanley & Co., breaks from the pack to reveal the flaws, fibs and failings of financial advisers. To fix this mess, he has created the new CHIP Score to empower you to evaluate the potential for Risk & Reward in your portfolio and grade your adviser—before the next meltdown. Nobody else on Wall Street ever dared to create anything like it. Wealth Mismanagement will empower investors to protect themselves. Read it & reap.

Money

Money
Author: John Kenneth Galbraith
Publisher: Princeton University Press
Total Pages: 390
Release: 2017-08-29
Genre: Business & Economics
ISBN: 0691171661

Money is nothing more than what is commonly exchanged for goods or services, so why has understanding it become so complicated? In Money, renowned economist John Kenneth Galbraith cuts through the confusions surrounding the subject to present a compelling and accessible account of a topic that affects us all. He tells the fascinating story of money, the key factors that shaped its development, and the lessons that can be learned from its history. He describes the creation and evolution of monetary systems and explains how finance, credit, and banks work in the global economy. Galbraith also shows that, when it comes to money, nothing is truly new—least of all inflation and fraud.

The Wealth of Humans

The Wealth of Humans
Author: Ryan Avent
Publisher: Macmillan + ORM
Total Pages: 350
Release: 2016-09-20
Genre: Business & Economics
ISBN: 1466887192

None of us has ever lived through a genuine industrial revolution. Until now. Digital technology is transforming every corner of the economy, fundamentally altering the way things are done, who does them, and what they earn for their efforts. In The Wealth of Humans, Economist editor Ryan Avent brings up-to-the-minute research and reporting to bear on the major economic question of our time: can the modern world manage technological changes every bit as disruptive as those that shook the socioeconomic landscape of the 19th century? Traveling from Shenzhen, to Gothenburg, to Mumbai, to Silicon Valley, Avent investigates the meaning of work in the twenty-first century: how technology is upending time-tested business models and thrusting workers of all kinds into a world wholly unlike that of a generation ago. It's a world in which the relationships between capital and labor and between rich and poor have been overturned. Past revolutions required rewriting the social contract: this one is unlikely to demand anything less. Avent looks to the history of the Industrial Revolution and the work of numerous experts for lessons in reordering society. The future needn't be bleak, but as The Wealth of Humans explains, we can't expect to restructure the world without a wrenching rethinking of what an economy should be.

Un Common Knowledge

Un Common Knowledge
Author: Rev. Dr. Claud A. Sinclair
Publisher: Xlibris Corporation
Total Pages: 363
Release: 2010-04-05
Genre: Business & Economics
ISBN: 1450041361

This accelerated home study course was prepared for you, your family, and/or friends who like to educate yourselves in the privacy of your surroundings. This course will supplement your career aspirations, making your home a university. The course is designed to help you to better understand and master financial and economic principles, which will allow individuals, groups, and communities to become better stewards of their talents. The chapters are written in a way that will affect your outlook on life and designed to help you discard old destructive habits and develop new economic theories and strategies. It teaches you not to give back your combined wealth each and every month through inappropriate behavior and improper spending habits. The courses objective is to help you to Create, Accumulate, and Preserve Wealth. The chapters are written in a way that starts at the basics and gradually increases in sophistication, which will affect your outlook on life and designed to help you discard old destructive financial habits. The entire objective in developing this home study course is to teach each person how to discover their purpose in life and how to live a financially rewarding and spiritually fulfilled life. This is my way of giving back and sharing with you the blessings I have received in my life.

Other People's Money

Other People's Money
Author: John Kay
Publisher: PublicAffairs
Total Pages: 296
Release: 2015-09-22
Genre: Business & Economics
ISBN: 1610396049

The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions. Why? What is finance for? John Kay, with wide practical and academic experience in the world of finance, understands the operation of the financial sector better than most. He believes in good banks and effective asset managers, but good banks and effective asset managers are not what he sees. In a dazzling and revelatory tour of the financial world as it has emerged from the wreckage of the 2008 crisis, Kay does not flinch in his criticism: we do need some of the things that Citigroup and Goldman Sachs do, but we do not need Citigroup and Goldman to do them. And many of the things done by Citigroup and Goldman do not need to be done at all. The finance sector needs to be reminded of its primary purpose: to manage other people's money for the benefit of businesses and households. It is an aberration when the some of the finest mathematical and scientific minds are tasked with devising algorithms for the sole purpose of exploiting the weakness of other algorithms for computerized trading in securities. To travel further down that road leads to ruin. A Financial Times Book of the Year, 2015 An Economist Best Book of the Year, 2015 A Bloomberg Best Book of the Year, 2015

Barbarism to Decadence

Barbarism to Decadence
Author: Abudu Rasheed Oki
Publisher: iUniverse
Total Pages: 995
Release: 2017-01-10
Genre: History
ISBN: 1532001398

Since independence in 1960, Nigerias successor leaderships and the private sector manifestly failed to dispense good governance and corporate social responsibility. Both sectors, tacitly aided by foreign institutions and corporations have perverted the ends of government and justice. Ergo, in Barbarism to Decadence, Abudu Rasheed Richard Oki offers an encompassing but cursory evaluation of each successor corrupting maladministration, participatory industry roles, and systemic debaucheries, along with the vast derivative adverse impacts on the citizenry. Through research, eyewitness accounts, personal experience, etc., the book presents an assessment of the devastating decades of adventitious effects of otherworldly corruption on the nation, and a look at the overall septic effects of the vice on the rest of other black African nations. Ab initio, it delves in on characteristic fractious leaderships; past immiserating military decades; compromised judiciary/law enforcement; fraudulent elections; decrepit power supply and infrastructure; human health and educational fetidness, duplicitous and complicit local and international media; natural resource curse and colossal environmental pollution; modern-day religious chicanery and radicalized Islamic terrorism; elites otherworldly and authoritative brigandage; and ever-present suffocating misfeasance and malfeasance in the private sector. There are also the overall, undermining roles from overseas nations, institutions, and corporations; and, sui generis, Chinas hegemonic role. These are part of vast interrelated factors that hermetically immures and immolates her lumpen masses in the bonds of anomie. That correlative societal demise is portrayed in marasmus and spectral looks, along with mass spiritual and mental atrophies. Yet her affluent minority and foreign expropriation of its raw wealth and assets remain at exhilarating boil. The grim hard facts and figures indicate that Nigeria absolutely needs to be set on the right path for the long-term needs of her marred population. Meanwhile, the masses intrinsically remain restive with brutish thoughts, here and there. To wit, the crystallization of that armed mass revolutionary mettle should never be discounted in her future. So, the book provides crosscurrents, and propounds on ways to sustainably adjust her venal course mainstream. Pithily, it seeks to provide a clarion call to jettison present, and block future, serially rogue leaderships for the summum bonum.

Crude Nation

Crude Nation
Author: Raul Gallegos
Publisher: U of Nebraska Press
Total Pages: 323
Release: 2016-10
Genre: Business & Economics
ISBN: 1612348572

Beneath Venezuelan soil lies an ocean of crude--the world's largest reserves--an oil patch that shaped the nature of the global energy business. Unfortunately, a dysfunctional anti-American, leftist government controls this vast resource and has used its wealth to foster voter support, ultimately wreaking economic havoc. Crude Nation reveals the ways in which this mismanagement has led to Venezuela's economic ruin and turned the country into a cautionary tale for the world. Raúl Gallegos, a former Caracas-based oil correspondent, paints a picture both vivid and analytical of the country's economic decline, the government's foolhardy economic policies, and the wrecked lives of Venezuelans. Without transparency, the Venezuelan government uses oil money to subsidize life for its citizens in myriad unsustainable ways, while regulating nearly every aspect of day-to-day existence in Venezuela. This has created a paradox in which citizens can fill up the tanks of their SUVs for less than one American dollar while simultaneously enduring nationwide shortages of staples such as milk, sugar, and toilet paper. Gallegos's insightful analysis shows how mismanagement has ruined Venezuela again and again over the past century and lays out how Venezuelans can begin to fix their country, a nation that can play an important role in the global energy industry.

Shari'ah Non-compliance Risk Management and Legal Documentations in Islamic Finance

Shari'ah Non-compliance Risk Management and Legal Documentations in Islamic Finance
Author: Ahcene Lahsasna
Publisher: John Wiley & Sons
Total Pages: 243
Release: 2014-04-02
Genre: Business & Economics
ISBN: 1118796861

A comprehensive guide to one of the key risk management issues in the expanding field of Islamic finance For Islamic financial institutions, Sharia non-compliance is a growing and key risk that must be carefully managed. This book offers a thorough look at non-compliance risk and explains the legal documentation necessary to ensure compliance for professionals in the Islamic finance industry. In addition, the book offers helpful guidance and understanding for the legal departments of Islamic financial institutions, as well as lawyers, legal firms, Shariah advisors, Shariah officers, and students studying Islamic finance. The book covers fundamental concepts, major risk elements, tools and techniques for identifying non-compliance, legal documentation, and the impact of non-compliance, among other vital topics. Offers comprehensive coverage of the growing field of non-compliance risk management in Islamic finance Includes in-depth coverage of legal documentation Written by an expert on the topic who teaches at INCEIF, The Global University for Islamic Finance and IIUM, International Islamic University of Malaysia in Malaysia