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The Ultimate Depression Survival Guide: Protect Your Savings, Boost Your Income and Grow Wealthy Even in the Worst of Times [With CDROM]
With no end to the global debt crisis in sight and the American economy sinking into depression, traditional advice on money could lead millions of innocent victims down the road of deepening losses. But with this timely audiobook, Martin Weiss will guide you to the truly safe havens and show you how to turn this crisis into a unique wealth-building opportunity.As Editor o...more
Compact Disc, 0 pages
Published
August 31st 2009
by Brilliance Audio
(first published March 23rd 2009)
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Handling your nest egg during a depression
In this savings and investment “survival guide,” financial publisher Martin D. Weiss proclaims that the world is entering another depression. According to the U.S. Government Accountability Office, his investment advisory and rating firm outperforms all other companies at “forecasting future financial trouble.” Indeed, for two decades, Weiss has accurately predicted “nearly every large financial failure in the United States,” including the la...more
In this savings and investment “survival guide,” financial publisher Martin D. Weiss proclaims that the world is entering another depression. According to the U.S. Government Accountability Office, his investment advisory and rating firm outperforms all other companies at “forecasting future financial trouble.” Indeed, for two decades, Weiss has accurately predicted “nearly every large financial failure in the United States,” including the la...more
An informative book that reads quickly, although much if it, sadly, is already outdated, even though it just came out. Such is the problem of publishing a book like this during the tumultuous era we are in. The book has some good ideas, though, and the author's father, from whom the author received first hand knowledge, was very successful during the Great Depression.
Unfortunately, I do not think the book successfully explains the downside of using leverage ETFs, which it advocates, especial...more
Unfortunately, I do not think the book successfully explains the downside of using leverage ETFs, which it advocates, especial...more
Author gives a good overview of how we got to the current financial crisis we are in now. As far as the investing advice goes, well nothing is risk free these days, and I don't think any book will give you the savoir faire to handle investing to make a decent return. It takes a lot of guts and luck, especially in volatile markets. This book basically promotes his website, for investing advice.
The best advice given is don't spend anything. It is the best way to hang on to your mon...more
The best advice given is don't spend anything. It is the best way to hang on to your mon...more
Weiss sees a second great depression as inevitable. He sees two possible scenarios: an inflationary one and a deflationary one. He sees the second as the lesser of the two evils, and also the more likely of the two, and so most of his advice is based on that scenario. I’m not sure he fully justifies his optimism for its greater likelihood. Yes, the first great depression came with deflation, and with the rate of company failures and job losses we are experiencing, deflation is not unlikely. But ...more
Very timely. If you have money to protect from the current economic down turn this is the book for you. It has really good ideas on how to keep your home and retirement money safe. If you are like me however, and don't have two pennies to rub together, it seems like nice information, but not real useful.
Awesome book describing how to navigate in uncertain times, relevant whether you believe we are heading towards another depression or you just realize that navigating the current and future market requires more than traditional theories of stock investing guidance. Will read again.
I listened to this on CD. The information was well laid out and provided conservative yet almost radical advice in it's simple down-to-earth strategies. Like the book but do not care so much for the website which tends to be much more fear driven.
I hate to give financial advice because when I get advice, I never know if it's good and true, but I think this is a good way to organize one's finances in the next several years. It emphasizes safety, not accelerated wealth creation.
I wish a reporter would investigate the author though, just to make sure that his stories about his dad and how he helped his investors in the Great Depression are true. Hello? Investigative journalists?
I wish a reporter would investigate the author though, just to make sure that his stories about his dad and how he helped his investors in the Great Depression are true. Hello? Investigative journalists?
Don't follow the crowd. Don't rely on ratings that are not independent. Be very cautious about trusting/relying-on any one source of information. If you know what you're doing, and are careful with your investments, financial downturns do not need to spell disaster.
Began it in July '09, got interrupted by another book, and hope to get back to it before the end of this year...
I like that the author references his dad's work in this field, which provides a view of earlier economic history in the U.S.
I like that the author references his dad's work in this field, which provides a view of earlier economic history in the U.S.
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![The Ultimate Depression Survival Guide: Protect Your Savings, Boost Your Income and Grow Wealthy Even in the Worst of Times [With CDROM]](http://photo.goodreads.com/books/1266698133s/6438890.jpg)
![The Ultimate Depression Survival Guide: Protect Your Savings, Boost Your Income and Grow Wealthy Even in the Worst of Times [With CDROM]](http://photo.goodreads.com/books/1266698133m/6438890.jpg)
