Sunday, December 14, 2008

Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments


In Bailout, John Waggoner answers the essential questions surrounding recent market catastrophes ”from the failure of Bear Stearns to the credit crisis ”and reveals how you can protect your portfolio during these turbulent times. Waggoner offers a wide range of strategies to help your portfolio weather this storm, including rebalancing and using foreign currencies, and discusses how Treasury bonds, gold, commodities, and real estate can solidify your financial standing. With the expert advice found here, you will quickly discover what it takes to achieve safety and success in today's volatile market.

Summary: Smart and sassy
Rating: 5

Just like his columns, Waggoner hooks us with his inviting style and proceeds to describe the investment and money world in ways that are understandable without being trite. This is a MUST READ for anyone trying to make sense out of our new world.

Summary: funny, smart, insightful, ominous
Rating: 5

John Waggoner has a written a book about a deadly serious topic that couldn’t be timelier. And he’s managed to tackle the topic with wit and insight that is both engaging and useful for any reade rtrying to make sense of what the current credit crisis means to their personal investments. Substitute Lehman Bros. or Merrill Lynch or AIG for Bear Stearns and you’ve got a ripped from the headlines must read.

Summary: funny, smart, insightful, ominous
Rating: 5

John Waggoner has a written a book about a deadly serious topic that couldn’t be timelier. And he’s managed to tackle the topic with wit and insight that is both engaging and useful for any reade rtrying to make sense of what the current credit crisis means to their personal investments. Substitute Lehman Bros. or Merrill Lynch or AIG for Bear Stearns and you’ve got a ripped from the headlines must read.

Summary: Very insightful
Rating: 5

This is a great read on the whole mortgage industry. Lots of interesting trivia and it makes a complicated issue very understandable. Great analogies that help piece it together. Waggoner is extremely witty

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