An investing story that provides insights into dealing with your money and finding financial security
Making the right investment decisions and executing an effective financial plan can be difficult, especially in today’s markets. But with the right guidance you can achieve this goal. Now, in The Story of Rich, leading wealth manager John David “J.D.” Joyce shows you how. Based on his real-world experiences with investors throughout his successful career, this book offers meaningful advice about financial planning and investing.
Designed for those with significant assets who are nearing or recently retired, as well as individuals who have recently come into new money through business or inheritance, The Story of Rich skillfully explains financial planning and investing through a fable of a man who sells a business he’s worked so hard to build, and now finds himself with more money then he’s ever had to deal with. Along the way, this book teaches you about important investment concepts and presents you with tools to consider your options and choose an appropriate investment strategy.
- Chronicles the fictional story of a recently retired businessman who is worried about making the most of his money now that he's no longer generating regular income
- Presents lessons about investing, sometimes through comparisons to topics like marathon running or wine making, in the quest to make sense of fundamental investment concepts
- Author John David “J.D.” Joyce has been named a Top Financial Advisor by Barron’s in 2009, 2010 and 2011
Engaging and informative, The Story of Rich is the perfect guide for those concerned about protecting their hard-earned money and investing it wisely.
Table of Contents:
Foreword ix
Preface xvii
Acknowledgments xxi
Chapter 1: Meet the Vivas 1
Chapter 2: Investment Plan 13
Chapter 3: Goals, Planning, and National Parks 27
Chapter 4: Goals and Objectives 39
Chapter 5: Risk Tolerance 53
Chapter 6: Asset Allocation and Meritage 67
Chapter 7: Mechanics of Investing and Winemaking 79
Chapter 8: The Marathon Runner and Time Horizon 95
Chapter 9: Cash Flow 111
Chapter 10: Trusted Advisor 125
Chapter 11: News versus Noise 135
Chapter 12: Family Dynamics 149
Chapter 13: Estate Planning 159
Epilogue 171
About the Authors 185
Index 187
