Bøger af Julie Jason

Winner of the 2023 EIFLE(Excellence in Financial Literacy Education) Award for Adults’ Book of theYear: Investing & Retirement Planning “A clear, concise, and wise guideto retirement planning.” – Kirkus ReviewsThe Discerning Investor addressesthe critical time in your investor life cycle: your transition into retirement.Never having retired before, you may continue managing your investmentsas you did in your 40s and 50s, not realizing that handling finances inretirement calls for a completely different approach, one that secures 30 yearswith no paycheck.     The Discerning Investor lays out the framework for conceptualizinga retirement portfolio, with an emphasis on anticipating and thusavoiding mistakes such as misjudging risk. Part I of the book starts with basic principles, introducing personal portfolio managementand examining how to manage uncertainty, which is part of every investor'slife.Part II focuses on the “personal” part of portfolio management,helping you understand your “numbers” and needs, including how to calculateyour retirement income gap, how to judge the source of cash flow to fuelwithdrawals, how to project future needs and how to set investment objectivesand monitor progress.Part III provides insights and tools for understanding theexperts who offer retirement portfolio management services, as well as forcomparing firms based on their service models, with a special focus onconflicts of interest that get in the way of unbiased advice. The author’sunique perspective and expertise are particularly apparent in her detailedoverview of Form CRS, a disclosure document mandated by the SEC that was rolledout in June 2020. Form CRS can help you to quickly grasp what your clientexperience might be like with a given brokerage or investment advisory firm.Part IV returns to personalization and offers self-assessmenttools to help you flesh out your investment strategy and move from planning toaction. An innovative assessment tool (Know Your Representative Rule), modeledon the brokerage industry’s Know Your Customer Rule, helps you put things intoperspective based on your own personal views.The Discerning Investor gives you insights and aframework upon which to shape your own way of managing your retirementportfolio. Kirkus Reviews concludes: “Jason’spresentation is intellectually rigorous—instead of self-help-style nostrums,she furnishes concrete, actionable advice substantiated with empirical data.Moreover, despite necessary excursions into technicality, this is a thoroughlyreadable book that will be entirely accessible to those with a limitedunderstanding of investment strategy.“Another ofits virtues is that it never dispenses hyperbolic promises and unflinchinglyconfronts the reality of risk: ‘In my experience, the most satisfied investorsare those who embrace the investor’s dilemma, understanding that risk(uncertainty) and reward (high returns) are forever and always intertwined.’“Overall, this is animpressively informative book that attests to the author’s 30-plus years ofexperience in the financial industry.”

A curated collection of the best retirement advice from financial advisor Julie Jason's acclaimed nationally syndicated column.