Shows the baby boomer and those in retirement communities how to safely secure the highest possible yield from investments through fixed-income securities such as bonds, real estate investment trusts, and preferred stocks, despite the downward trend of returns in the investment market. 25,000 first printing.
Benjamin Stein is a multifaceted American figure known for his work as a writer, lawyer, actor, comedian, and commentator on politics and economics. He began his public life as a speechwriter for Presidents Richard Nixon and Gerald Ford, later gaining widespread recognition in the entertainment world for his deadpan comedic style. Stein became a pop culture icon through his role as the monotone economics teacher in Ferris Bueller’s Day Off and as the host of Win Ben Stein’s Money, a game show that earned multiple Emmy Awards. He also played Dr. Arthur Neuman in The Mask and its sequel. A Yale Law School valedictorian, Stein worked as a lawyer for the Federal Trade Commission and taught law and economics at Pepperdine University. A prolific columnist, Stein has contributed to The American Spectator, Newsmax, The New York Times, and The Wall Street Journal, among others. His books, often co-authored with Phil DeMuth, address financial planning and economic commentary. In 2008, he wrote and starred in Expelled: No Intelligence Allowed, a controversial documentary criticized for promoting intelligent design. Politically conservative, Stein has defended Nixon's legacy, expressed strong views on U.S. foreign policy, and advocated higher taxes on the wealthy to support military initiatives and reduce national debt. During the 2008 financial crisis, he came under scrutiny for downplaying early warning signs and misjudging the scale of the economic collapse. Stein has also had an extensive voice acting and television career, appearing in series such as The Wonder Years, Seinfeld, and Family Guy, and voicing characters in The Fairly OddParents, Rugrats, and Animaniacs. His personal life includes a long-standing marriage to entertainment lawyer Alexandra Denman and homes in California, Idaho, and Washington, D.C. Though often polarizing in his opinions, Stein remains a recognizable figure across political, academic, and entertainment domains.
This is an excellent book to teach you how to invest for the highest yield. I should add that Jeremy Siegel's books are also good for this type of investing. Say bye to the Apples, Microsofts, retailers, Googles, and other growth stocks, and hello to high yield, income producing securities. The key is to buy and hold forever, reinvesting your dividends along the way. As the years unfold you will find your portfolio grow larger and larger. Who cares if the market is up or down? Let it go down, and your reinvested dividends will buy you more shares. This book is highly recommended.