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The Ultimate Depression Survival Guide: Protect Your Savings, Boost Your Income, and Grow Wealthy Even in the Worst of Times

3.30  ·  Rating details ·  73 ratings  ·  14 reviews
An insightful look at how to protect, save, and grow wealth in difficult economic times

Having an effective financial and personal plan for the future is now more crucial than ever. And with the bestselling The Ultimate Depression Survival Guide now in paperback, you'll quickly learn how to create such a plan. This comprehensive guide was especially designed to help people
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Hardcover, 220 pages
Published April 1st 2009 by John Wiley & Sons (first published March 23rd 2009)
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Average rating 3.30  · 
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 ·  73 ratings  ·  14 reviews


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Skylar Burris
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
C.J.
Jul 25, 2011 rated it liked it
An informative book that reads quickly, although much if it, sadly, is already outdated, even though it just came out.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, especially
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E
Aug 19, 2009 rated it really liked it
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 latest financi
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Matt
Aug 03, 2010 rated it it was ok
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 money.

He thinks thi
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Gavin
Nov 24, 2009 rated it it was amazing  ·  review of another edition
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?
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Don
Dec 22, 2012 rated it liked it
20s excess to 30s correction, mortgage broker excess with derivative nonsense 4:1 ratio at banks failed, need correction vs bailout, allow failure to correct, SL failed and corrected vs Japan staggers, opps abound, cash king, inflation is worse, Eisenhower last balanced budget 1960, 4.15.80 credit controls to kill inflation, avoid debt min luxury hard work.
Alberto Lopez
Jun 26, 2016 rated it really liked it
Shelves: my-favorites
Martin, while often taking the side more closely associated with that of "short sellers", has a great set of investing newsletters and has compiled much of the information that is available from his various services into this book. Anyone wishing to take a broad look at all options must read this book. ...more
Sarah
Aug 20, 2012 rated it really liked it  ·  review of another edition
This was a great book for those looking for alternatives to normal investment advice. As a financial-jargon novice though, I felt a bit overwhelmed and didn't make it all the way through the book. But I still learned a few things.

If you are seriously exploring investment, savings, or stock options, this would be a good book to check out.
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Bobbi
May 01, 2009 rated it really liked it
Shelves: nonfiction
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. ...more
Ellen Attar
Sep 12, 2011 rated it it was amazing
Shelves: trading
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.
Tchipakkan
actually, I took it from the library, and don't remember what's in it. Given that depression hurts your memory, not surprising. I guess I should check it out again, but clearly, still depressed 6 years later, it's not a magic bullet. ...more
Carol Schultz
Jun 16, 2010 rated it really liked it
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. ...more
Dory
Oct 12, 2009 rated it liked it  ·  review of another edition
Shelves: non-fiction
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.
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Danny
Jun 12, 2010 rated it liked it  ·  review of another edition
Shelves: financial
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. ...more
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