Pan Krueger – The Moneytrack Method
Based on the popular public television series MoneyTrack, The MoneyTrack Method offers you the principles, techniques, and approaches that allow real people of all incomes to become successful investors. Steering you away from the get-rich-quick mentality that sinks so many, this book shows you how patience and planning pay off, as well as how good investing habits lead to better overall financial health. Filled with in-depth insights and real-world examples, The MoneyTrack Method outlines the time-tested principles of smart investing, and shows you how others have already applied them.
From the Inside Flap
How ordinary people become successful investors
While the media focuses on the stock market dramas that play out every day in the headlines, and investing gurus are busy predicting the market’s next big trend, many small, individual investors outside the spotlight are quietly building their wealth and increasing their financial well-being . They’re not flashy, but they are steady and successful –– and with this book as your guide, you can become one of them.
Based on the popular public television series MoneyTrack , The MoneyTrack Method gives you the principles, techniques, and approaches that allow real people of all incomes to become successful investors. Steering you away from the get-rich-quick mentality that sinks so many, this book shows you how patience and planning pay off, as well as how good investing habits lead to better overall financial health.
Along the way, this straightforward and accessible guide introduces such success stories as Earl Crawley, a parking attendant making twelve dollars an hour who invested wisely and is now worth over a million dollars. You’ll also meet overzealous speculators like the real estate novice who attempted to flip eight houses in eight months using “”liar loans”” and is now hopelessly drowning in debt. And you’ll hear from investment legends like Warren Buffett, John Bogle, and Ben Stein.
Packed with practical advice and real-life examples, The MoneyTrack Method gives you a comprehensive way to:
- Diversify and balance your portfolio to weather market downturns
- Utilize professional investing strategies such as dollar cost averaging to improve your returns
- Recognized hidden risks and potential scams
- Maximize employment and retirement benefits for building wealth
- Apply Warren Buffett’s principles to choosing investments
- Get your financial house in order by writing your will, calculating retirement needs, and teaching your children about money
The stock market is filled with uncertainty. However, the only thing riskier than investing is not investing at all. The MoneyTrack Method gives you the time-tested principles you need for smart investing, and shows you how others have already applied them. So stand up, take control, and let The MoneyTrack Method put you on the road to financial freedom.
From the Back Cover
Praise for The Moneytrack Method
“”Krueger’s down-to-earth approach to investing combines some of the most sage wisdom on Wall Street with advice real people can use… Truly a must-read for the novice investor!””
—David Bach, author of the # 1 New York Times bestseller The Automatic Millionaire
“” The MoneyTrack Method offers highly readable financial advice for all life situations. It is interspersed with real-life stories that illustrate the do’s and don’ts of investment, real estate, and retirement. If you read only one financial book, this is it ! “”
—Robert Heller, former governor of the Federal Reserve Board and president of Visa
“”On Pam Krueger’s MoneyTrack TV show, her motto is, ‘Keep it simple, and keep it real.’ This easy-to-use guide accomplishes the same goal — much to the benefit of her readers. “”
—Janet Bodnar, deputy editor of Kiplinger’s Personal Finance magazine, and author of the books Raising Money Smart Kids and Kiplinger’s Money Smart Women
“” The MoneyTrack Method teaches people the basics of investing in understandable language to help them invest wisely and well. Pam Krueger, with the help of many top investment experts, uses real-life examples to show how real people learn from their good and bad experiences . “”
—Jonathan Pond, public television host
“” The MoneyTrack Method is a timely and important book. Pam has done a wonderful job of putting individuals on track to achieving the American Dream.””
—Patrick Terrion, Founders Capital Management
“”Krueger’s vibrant personality shines through, as she sifts through the muck of investing jargon and helps you understand what works, and how it can work for you.””
—Chris Jolley, group manager, Financial Products Group, Microsoft Corp.
“”Krueger combines the best from Wall Street insiders with easy-to-grasp tools and tips every novice investor can use, today! Guaranteed to help you build a solid portfolio for a secure future. Buy it!””
—Paul B. Farrell, JD, PhD, columnist, Dow Jones / MarketWatch.com, author of The Millionaire Code ; The Lazy Person’s Guide to Investing ; and The Winning Portfolio
About the Author
Forex Trading – Foreign Exchange Course
Want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.