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Retirement GPS: How to Navigate Your Way to A Secure Financial Future with Global Investing

Book Description

The secret to ensuring financial peace of mind in retirement?INTERNATIONAL INVESTINGBuilding a solid retirement portfolio while ignoring the global economy is simply not a reality anymore.

Table of Contents

  1. Cover Page
  2. Retirement GPS: How to Navigate Your Way to A Secure Financial Future with Global Investing
  3. Copyright Page
  4. Dedication
  5. Contents
  6. Foreword
  7. Acknowledgments
  8. Chapter 1 Matching Retirement Lifestyle with Retirement Income
    1. Why I Wrote This Book
    2. The Biggest Financial Mistakes Retirees Make
    3. Funding Your Life Goals
    4. How Much Money Do You Need in Order to Retire?
      1. Find Yourself in One of These Stories
        1. Save Now to Endow After Death
        2. Give While Living
        3. Enhance My Standard of Living and Leave Something Behind
        4. Spend Now
    5. Funding Retirement in a Global Economy
    6. Goals for You and Me
  9. Chapter 2 A Fresh Approach to Asset Allocation
    1. Asset Allocation and Diversification
    2. Monte Carlo Simulation and Classic Asset Allocation
    3. Buy and Hold
    4. Benchmarking
    5. The Global Portfolio Strategy Retirement Portfolio
  10. Chapter 3 A Primer on International Investing
    1. Take a Look Around
    2. The Weakening U.S. Dollar
    3. Enter the GPS Retirement Portfolio
    4. Colombia and the GPS Retirement Portfolio
    5. Risks of Going Global
  11. Chapter 4 Around the World with the GPS Retirement Portfolio
    1. China
    2. India
    3. Asia
      1. Asian Tigers
      2. Australia
      3. ASEAN
    4. Japan
    5. Latin America
      1. Brazil
    6. Africa
    7. The Middle East
      1. Turkey
      2. Israel
    8. Canada
    9. Europe
      1. Scandinavia
  12. Chapter 5 Investing in Foreign Stocks
    1. Common Stocks
      1. Dividend-Paying Stocks
    2. Mutual Funds
    3. Exchange-Traded Funds
      1. How to Choose ETFs
      2. Core ETF Portfolios
    4. What’s the Perfect Blend of Stocks, Mutual Funds, and ETFs?
      1. How Many Stocks Is “Enough”?
      2. ETFs and Mutual Funds
      3. Broad Index, Regional, or Country-Specific?
    5. How to Formulate Your Portfolio
    6. Caution: Hot Money
  13. Chapter 6 How to Invest in Foreign Bonds
    1. Understanding Bonds
      1. How Do Bonds Work?
      2. Bond Prices
      3. Who Needs Them?
    2. How to Invest in Bonds
      1. Individual Bonds
      2. International Bond Funds (Mutual Funds)
      3. Exchange-Traded Funds
    3. Emerging Market Debt
    4. Investments Your Advisor Doesn’t Cover
      1. Real Estate
        1. Nontraded REITs
      2. Private Businesses
      3. Foreign Currency
  14. Chapter 7 Putting It All Together
    1. Do It Yourself
      1. Avoid These Mistakes
        1. No Strategy
        2. No Tax Efficiency
        3. Lack of Knowledge of Products Available
        4. Not Enough Time
        5. Buying High and Selling Low
        6. Overtrading
        7. Getting Old
    2. Step 1, 2, 3 . . .
      1. Mimicking
      2. Fee-Only Financial Planners
      3. Using Professional Money Managers
      4. Working with an Advisor
    3. Case Studies for Implementing the GPS Retirement Strategy
      1. Aadi and Vanita: Working with a Fee-Based Financial
      2. Advisor
      3. Lincoln and Doris: Working with a Financial Advisor
      4. Ruth: Going It Alone
      5. Richard and Nancy: Working with an International Advisor
  15. Appendix A Budget Worksheet
  16. Appendix B Investment Criteria for International Markets
  17. Notes
  18. Index