The Little Book of Bulletproof Investing: Do's and Don'ts to Protect Your Financial Life

The past few years have been frightening for investors. Many have seen their retirement accounts dwindle dramatically and are looking for a safe way to protect what they have and make back some of what they've lost. That's why the bestselling author team of Ben Stein and Phil DeMuth wrote THE LITTLE BOOK OF BULLETPROOF INVESTING (Wiley; March 2010; $19.95; 978-0-470-56805-7; Hardcover).

Respected economist and television personality Ben Stein joins with investment advisor and PhD psychologist Phil DeMuth to give investors a specific program detailing what they should (and should not) do. The key is to manage wealth in a way that addresses people’s short-term psychological ability to withstand loss as well as their long-term need for capital appreciation in their income and savings. 

According to Stein and DeMuth, “Investors today need a lifetime financial plan. Earlier generations didn’t because they smoked and drank hard and died young with having 35 years of retirement to slog through. Today we live longer. Longevity is a good problem to have, considering the alternative, but it isn’t cheap. Instead of a lifetime’s worth of savings having to last for 10 or 15 years, now it has to last more like 30 or 40.”

THE LITTLE BOOK OF BULLETPROOF INVESTING outlines the steps individuals must take to maximize their income and savings while protecting themselves from the financial calamities of modern life.