The Wealth Choice PDF Download

Author: Dennis Kimbro
Publisher: St. Martin's Press
ISBN: 1137324139
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
It's no secret that these hard times have been even harder for the Black community. Approximately 35 percent of African Americans had no measurable assets in 2009, and 24 percent of these same households had only a motor vehicle. Dennis Kimbro, observing how the weight of the continuing housing and credit crises disproportionately impacts the African-American community, takes a sharp look at a carefully cultivated group of individuals who've scaled the heights of success and how others can emulate them. Based on a seven year study of 1,000 of the wealthiest African Americans, The Wealth Choice offers a trove of sound and surprising advice about climbing the economic ladder, even when the odds seem stacked against you. Readers will learn about how business leaders, entrepreneurs, and celebrities like Bob Johnson, Spike Lee, L. A. Reid, Herman Cain, T. D. Jakes and Tyrese Gibson found their paths to wealth; what they did or didn't learn about money early on; what they had to sacrifice to get to the top; and the role of discipline in managing their success. Through these stories, which include men and women at every stage of life and in every industry, Dennis Kimbro shows readers how to: · Develop a wealth-generating mindset and habits · Commit to lifelong learning · Craft goals that match your passion · Make short-term sacrifices for long-term gain · Take calculated risks when opportunity presents itself

Author: Juergen Braunstein
Publisher: University of Michigan Press
ISBN: 0472129961
Category : Political Science
Languages : en
Pages : 232

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Book Description
Sovereign wealth funds are state-controlled pools of capital that hold financial and real assets, including shares of state enterprises, and manage them to grow the nation’s base of sovereign wealth. The dramatic rise of sovereign wealth funds (SWFs) in both number and size—this group is now larger than the size of global private equity and hedge funds, combined—and the fact that most are located in non-OECD countries, has raised concern about the direction of capitalism. Yet SWFs are not a homogenous group of actors. Why do some countries with large current account surpluses, notably China, create SWFs while others, such as Switzerland and Germany, do not? Why do other countries with no macroeconomic justification, such as Senegal and Turkey, create SWFs? And why do countries with similar macroeconomic features, such as Kuwait and Qatar or Singapore and Hong Kong, choose different types of SWFs? Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

Author: Heather Beth Johnson
Publisher: Routledge
ISBN: 1317744071
Category : Social Science
Languages : en
Pages : 320

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Book Description
Despite the overwhelming evidence against them, many people still believe they can overcome the economic and racial constraints placed upon them at birth. In the first edition, Heather Beth Johnson explored this belief in the American Dream with over 200 in-depth interviews with black and white families, highlighting the ever-increasing racial wealth gap and the actual inequality in opportunities. This second edition has been updated to make it fully relevant to today’s reader, with new data and illustrative examples, including twenty new interviews. Johnson asks not just what parents are thinking about inequality and the American Dream, but to what extent children believe in the American Dream and how they explain, justify, and understand the stratification of American society. This book is an ideal addition to courses on race and inequality.

Author: Alan S. Murray
Publisher:
ISBN: 9780812932669
Category : Competition, International
Languages : en
Pages : 0

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Book Description
It's Not Your Father's Economy . . . If Adam Smith were to visit the United States today, he would be a very happy man. That invisible hand he made famous in The Wealth of Nations two centuries ago is more limber and supple than ever. Indeed, competition in the New Economy is so intense and uncompromising that everyone, even Fortune 500 giants, must bend to it. All of this competition has lead to a wealth of choices about every aspect of our lives -- and a huge shift in how society works and who gets rewarded. Alan Murray, the Washington bureau chief of "The Wall Street Journal, shows how all of us can not only live in the New Economy, but thrive in it. The New Economy isn't just another buzz phrase, but an important change in our economic system, one that has meaning for everyone, not just the economic elite. It's creating a world in which all prices are fuzzy and everything is negotiable. If you know what you're doing, there are great gains to be made and great bargains to be had. Starting with a thoughtful overview of how the New Economy works, Murray shows, chapter by chapter, what all of us can do to take advantage of the changes taking place in everything from health care to education to the workplace. The rules have changed -- and Murray's smart advice may surprise you: Health Care: The most potentially traumatic change in the New Economy will be in the relationship between you and your doctor. Murray explains what you need to know to be an effective consumer in this ever-changing market. Education: The price of a good education has gone sky high. But your mind is your most important investment. Murray shows how to cut costs and cut deals that will help yougrow. Your Job: The revolution in the workplace means that you have to think of yourself as a brand. Murray shows how to compete and excel. Personal Finance: Your father said avoid credit cards, but he never saw rates of 3.9 percent! Murray shows how you can turn the tables and use the insane competition between credit card companies to your advantage. Investing: "Professional money manager" is an oxymoron. They don't know much more than you! Murray provides easy-to-use rules that will let you get great returns on your own. Retirement: Old age isn't what it used to be. Murray explains why the traditional three-legged stool (social security, private pension, personal saving) is rickety -- and what to do about it. And much more, including websites that can help you navigate the wealth of choices, inside information on where the economy will go next, and a treasure trove of straightforward, concrete advice on thriving in a world where the consumer is king. Anyone can talk about the New Economy. Alan Murray shows how to live in it. The Wealth of Choices is the first book that combines the big picture and the street-smart tactics that will help you to profit and live well.

Author: James R Langabeer
Publisher: CRC Press
ISBN: 1000571521
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
The Quest for Wealth - A Roadmap for Mindful Money Choices Have you ever made a terrible money choice? Like most people, you are probably living paycheck to paycheck and wondering if you will ever be able to retire or get out of debt. You might find yourself working an extra job and still not getting ahead. The numbers are staggering, with average American consumer debt exceeding six figures with little cash reserves. The coronavirus pandemic has only fueled our uncertainties and fear. It doesn't have to be this way. Wealth is not only about making more money—it is about learning how to align and improve our brain's emotional and analytical functions. Wealth is about making more mindful money choices. But you also need a proven path to follow. In The Quest for Wealth, internationally acclaimed author James Langabeer shares his 6-step Mindful Money Management Model. With the right tools and practices, you have all you need to be financially independent. The financial decision strategies offered in this book will help you learn how to tame your brain and get on the road to wealth. James Langabeer, Ph.D., is a behavioral economist who coaches leaders on improving decision-making around wealth and health. With training in both decision sciences and finance, James' passion is to enhance prosperity and reduce wealth inequality for everyone.

Author: Marie T. Cross
Publisher: Westminster John Knox Press
ISBN: 9780664502164
Category : Religion
Languages : en
Pages : 140

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Book Description
Although stewardship itself is a word often heard in the church, money is rarely discussed in terms of the ethical decisions and daily lifestyle choices we make. The Price of Faith presents a holistic definition of stewardship and examines what money and wealth mean for us in our participation in the life of the church and in our personal expressions of faith. This book includes ten session plans that will help move adults to a new understanding of stewardship.

Author: Bruce Helmer
Publisher: Beavers Pond Press
ISBN: 9781592985692
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
A straightforward, values-based approach to managing your wealth. After the worst recession in our country's history, we all have different, sometimes difficult, decisions to make about how to manage our money. That's what makes Real Wealth by Bruce Helmer so timely and relevant. In this updated edition of Money and the People You Love Bruce shows you how the critical piece missing from "personal financial planning" is the personal part: your relationships and your values. He shares an uncommonly common-sense approach to wealth management based on what matters most to you in your life. Real Wealth is an essential book for right now. And for your future.

Author: Dimitris N. Chorafas
Publisher: Elsevier
ISBN: 9780080461649
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
Wealth Management has two themes: Private Banking and investment decisions regarding Structural Financial Products. Dr. Dimitris Chorafas examines in a rigorous way whether structured financial products are advisable investments for retail and institutional investors and, if yes, which risks they entail. As our society becomes increasingly affluent, and state-supported pension schemes find it difficult to survive, a growing number of high net-worth individuals, and families, have become retail investors – looking for ways and means to optimize wealth management, and Private Banking deals with these sorts of clients. Private banking also deals with clients that are institutional investors, such as pension funds, mutual funds, and insurance companies, as well as not-for-profits, foundations and companies explicitly set up for wealth management. Both institutional and retail investors are being offered by the banks they work with structured products. Typically, these are securities that provide them with a redemption amount, with may be either with full or partial capital protection, and some type of return. The book examines structured financial products, their polyvalent nature, and the results which could be expected from them. Return on structural instruments, which are essentially derivatives, is paid in function of a specific investment strategy on selected underlying asset(s). This essentially means on the performance of the underlyings, obtained by asset managers, which may be banks or hedge funds, through purchase or sale of embedded options. But there are risks. Both risk and return from structured products are related to three main issues: the volatility of future value of an underlying, the uncertainty of future events, and the exposure of the product. Every type of investment is subject to market forces, and the more leveraged a portfolio is, the greater will probably be both the assumed risk and the expected reward. The fact that structured financial products appeal, or at least are being marketed, to both retail investors and institutional investors makes the dual approach deliberately chosen in this book most advisable. This book addresses all these issues in a practical manner with numerous case studies and real-world examples drawn from the author’s intensive research. Because it is based on intensive research, the book is rich in practical examples and case studies Addresses the growing trend towards the use of structured financial instruments in private banking Thorough treatment of structured financial products that keeps maths to a minimum

Author: Richard H. Thaler
Publisher: Penguin
ISBN: 1101655097
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
Now available: Nudge: The Final Edition The original edition of the multimillion-copy New York Times bestseller by the winner of the Nobel Prize in Economics, Richard H. Thaler, and Cass R. Sunstein: a revelatory look at how we make decisions—for fans of Malcolm Gladwell’s Blink, Charles Duhigg’s The Power of Habit, James Clear’s Atomic Habits, and Daniel Kahneman’s Thinking, Fast and Slow Named a Best Book of the Year by The Economist and the Financial Times Every day we make choices—about what to buy or eat, about financial investments or our children’s health and education, even about the causes we champion or the planet itself. Unfortunately, we often choose poorly. Nudge is about how we make these choices and how we can make better ones. Using dozens of eye-opening examples and drawing on decades of behavioral science research, Nobel Prize winner Richard H. Thaler and Harvard Law School professor Cass R. Sunstein show that no choice is ever presented to us in a neutral way, and that we are all susceptible to biases that can lead us to make bad decisions. But by knowing how people think, we can use sensible “choice architecture” to nudge people toward the best decisions for ourselves, our families, and our society, without restricting our freedom of choice.

Author: Yochai Benkler
Publisher: Yale University Press
ISBN: 9780300125771
Category : Business & Economics
Languages : en
Pages : 532

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Book Description
Describes how patterns of information, knowledge, and cultural production are changing. The author shows that the way information and knowledge are made available can either limit or enlarge the ways people create and express themselves. He describes the range of legal and policy choices that confront.