{"product_id":"how-to-really-ruin-your-financial-life-and-portfolio-isbn-9781118951316","title":"How To Really Ruin Your Financial Life and Portfolio","description":"\u003cb\u003eHilarious advice on what NOT to do with money, from financial funny man Ben Stein\u003c\/b\u003e  \u003cp\u003eEveryone's searching for the secrets to financial success, but what about the best ways to lose money . . . fast?! In \u003ci\u003eHow To Really Ruin Your Financial Life and Portfolio\u003c\/i\u003e, bestselling author, economist, financial commentator, and media personality Ben Stein explains exactly what to do . . . to go bust! The ultimate \"how-NOT-to\" guide, the book gives readers invaluable tips that should be avoided at all costs. Written in Stein's own inimitable style, this hilarious guide provides essential financial advice on what not to do when it comes to managing money.\u003c\/p\u003e \u003cp\u003eFrom reading and acting upon investing newsletters to trading on a margin, from investing in bonds to breathlessly following CNBC, and from buying stock in firms you do not understand to believing in your own genius at stock picking to keeping as little cash on hand as possible, Stein presents the rules that every would-be investor needs to know, so they can do the exact opposite and actually make money. Fully revised and updated, this new edition presents all-new missteps that can destroy any portfolio.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eFully revised and updated edition of the tongue-in-cheek bestseller that shows investors what not to do with their money\u003c\/li\u003e \u003cli\u003eWritten by acclaimed author economist, financial commentator, and media personality Ben Stein\u003c\/li\u003e \u003cli\u003eLoaded with indispensable pieces of bad advice that readers should avoid at all costs\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eA laugh-out-loud approach to personal finance, \u003ci\u003eHow To Really Ruin Your Financial Life and Portfolio\u003c\/i\u003e is an accessible guide to money from the funniest man in finance.\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003eIntroduction xvii\u003c\/p\u003e \u003cp\u003e1 Trade Frequently 1\u003c\/p\u003e \u003cp\u003e2 Trade Foreign Exchange 11\u003c\/p\u003e \u003cp\u003e3 Believe in Your Heart That You Can Pick Stocks 19\u003c\/p\u003e \u003cp\u003e4 Assume That Recent Trends Will Continue Indefinitely 29\u003c\/p\u003e \u003cp\u003e5 Pour Continuer . . . Sell When Things Look Bleak . . . and Stay the Heck Out of the Market 35\u003c\/p\u003e \u003cp\u003e6 Know in Your Heart That This Time It’s Different . . . and Act on It 41\u003c\/p\u003e \u003cp\u003e7 Dividends are for Spending—Not Investing—Just Ignore Them or Use Them to Buy Baubles 49\u003c\/p\u003e \u003cp\u003e8 Cash is Garbage—Except When It’s Not 57\u003c\/p\u003e \u003cp\u003e9 Put Your Money into a Hedge Fund 69\u003c\/p\u003e \u003cp\u003e10 Try Strategies That No One Else Has Ever Thought of . . . You Can Out-Think the Market 77\u003c\/p\u003e \u003cp\u003e11 Use the Strategies That University Endowments and the Giant Players Use 81\u003c\/p\u003e \u003cp\u003e12 Commodities are Calling . . . Will You Answer the Phone?: Everything That Happens in Your Life Involves Commodities 87\u003c\/p\u003e \u003cp\u003e13 Go on Margin for Everything 93\u003c\/p\u003e \u003cp\u003e14 Sell Short 97\u003c\/p\u003e \u003cp\u003e15 Do Not Have a Plan for Your Investing or for Your Financial Life Generally 103\u003c\/p\u003e \u003cp\u003e16 Do It All Yourself 109\u003c\/p\u003e \u003cp\u003e17 Pay No Attention at All to Taxes 111\u003c\/p\u003e \u003cp\u003e18 Believe That Those People You See on TV Can Actually Tell the Future 113\u003c\/p\u003e \u003cp\u003e19 Do Not Start Even Thinking about Any of This until the Absolutely Last Moment 117\u003c\/p\u003e \u003cp\u003e20 Don’t Believe That Any of This Matters Very Much, This Money Stuff 119\u003c\/p\u003e \u003cp\u003e21_49: How to Ruin Your Greatest Asset—You 123\u003c\/p\u003e \u003cp\u003eChoose a Career with No Possibility of Advancement 124\u003c\/p\u003e \u003cp\u003eChoose a Career with Little Chance for a Good Income 124\u003c\/p\u003e \u003cp\u003eChoose Lots of Education over Lots of Pay 125\u003c\/p\u003e \u003cp\u003eShow No Respect for Your Boss or Fellow Workers 125\u003c\/p\u003e \u003cp\u003eDon’t Learn Much about Your Job, Industry, or Employers . . . Just Wing It 126\u003c\/p\u003e \u003cp\u003eDo the Minimum Just to Get By 126\u003c\/p\u003e \u003cp\u003eShow Up in Torn Jeans, Unshaven, Unwashed, Any Old Way You Feel Like Showing Up 126\u003c\/p\u003e \u003cp\u003eShow No Regard for the Truth 127\u003c\/p\u003e \u003cp\u003eDisplay Open Contempt for Your Job, Your Fellow Workers, Your Boss, and Your Clients\/Customers 127\u003c\/p\u003e \u003cp\u003eAct Like You are Morally Superior to Your Job and Your Colleagues 128\u003c\/p\u003e \u003cp\u003eDo Not Be Punctual 128\u003c\/p\u003e \u003cp\u003eDon’t Hesitate to Have a Cocktail or Two at Lunch 128\u003c\/p\u003e \u003cp\u003eGossip and Sow Divisiveness at Work 129\u003c\/p\u003e \u003cp\u003eSecond-Guess Everyone around You at Work, Especially Your Boss 129\u003c\/p\u003e \u003cp\u003eThreaten Your Boss and Employer with Litigation 129\u003c\/p\u003e \u003cp\u003eLook for Grievances at Work 130\u003c\/p\u003e \u003cp\u003eMake Sexual Advances to Anyone You Find Attractive 130\u003c\/p\u003e \u003cp\u003eMake Excessive Phone Calls, Texts, and E-Mails on Company Time 131\u003c\/p\u003e \u003cp\u003ePlay Video Games at Work and Make Loud Noises as You Do 131\u003c\/p\u003e \u003cp\u003eMake and Keep Lots of Personal Appointments on Company Time 132\u003c\/p\u003e \u003cp\u003eListen to Your Colleagues’ Conversations and Snoop on Their E-Mails 132\u003c\/p\u003e \u003cp\u003eTalk about How Much Better Earlier Employers Were Than Your Current Employer 133\u003c\/p\u003e \u003cp\u003eBrag about Your Great Family Connections 133\u003c\/p\u003e \u003cp\u003ePad Your Expense Account 134\u003c\/p\u003e \u003cp\u003eBorrow Money from Your Fellow Employees and Don’t Pay It Back 134\u003c\/p\u003e \u003cp\u003eQuestion, Mock, and Belittle Your Tasks 135\u003c\/p\u003e \u003cp\u003eFlirt with Your Colleagues’ Significant Others 135\u003c\/p\u003e \u003cp\u003eProselytize at Work and Belittle Anyone Who Doesn’t Share Your Political or Religious Beliefs 135\u003c\/p\u003e \u003cp\u003eSay Anything You Want That Comes into Your Head 136\u003c\/p\u003e \u003cp\u003eAbout the Author 137\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eBEN STEIN \u003c\/b\u003eis a respected economist known to many as a movie and television personality, but he has worked in personal and corporate finance more than anywhere else. He has written about finance for Barron's, the \u003ci\u003eWall Street Journal\u003c\/i\u003e, the \u003ci\u003eNew York Times\u003c\/i\u003e, and \u003ci\u003eFortune\u003c\/i\u003e, was one of the chief busters of the junk-bond frauds of the 1980s, has been a longtime critic of corporate executives' self-dealing, and has co-written numerous finance books. Stein travels the country speaking about finance in both serious and humorous ways, and is a regular contributor to CBS's \u003ci\u003eSunday Morning\u003c\/i\u003e, CNN, and Fox News. He was the winner of the 2009 Malcolm Forbes Award for Excellence in Financial Journalism.    \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePRAISE FOR HOW TO REALLY RUIN YOUR FINANCIAL LIFE AND PORTFOLIO\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"A wise man once said, 'All I want to know is where I'm going to die so I'll never go there.' Ben Stein has applied this instruction to the investment world with his special brand of humor and insights. Pay attention!\"\u003cbr\u003e \u003cb\u003e—WARREN E. BUFFETT\u003c\/b\u003e, Chairman and CEO, Berkshire Hathaway Inc.  \u003c\/p\u003e\u003cp\u003e\"I've always thought before you can learn how to become rich, you first have to stop doing the things that keep you poor. Leave it to my friend Ben Stein to smack us all across the face and, just like Cher in \u003ci\u003eMoonstruck,\u003c\/i\u003e get us to 'snap out of it.' It's an amazing wake-up call from an amazing guy who gets it, and gets us, and now, is trying to help us. Financial advisors charge thousands of dollars for this kind of insight. Talk about how to ruin your financial life! Ben's much, much cheaper, and much, much better.\"\u003cbr\u003e \u003cb\u003e—NEIL CAVUTO,\u003c\/b\u003e Anchor and Sr. Vice President, Fox News Channel, Fox Business Network  \u003c\/p\u003e\u003cp\u003e\"These are perilous times. Many face ruin and catastrophe. You must read this book to protect your portfolio and to make money.\"\u003cbr\u003e \u003cb\u003e—JIM ROGERS\u003c\/b\u003e, author of \u003ci\u003eA Gift to My Children\u003c\/i\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989382807781,"sku":"NP9781118951316","price":18.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118951316.jpg?v=1761783896","url":"https:\/\/k12savings.com\/es\/products\/how-to-really-ruin-your-financial-life-and-portfolio-isbn-9781118951316","provider":"K12savings","version":"1.0","type":"link"}