Audible Audio Edition
Listening Length: 4 hours and 39 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Audible Studios
Audible.com Release Date: October 29, 2012
Language: English
ASIN: B009YL4JAS
Best Sellers Rank: #66 in Books > Business & Money > Economics > Inflation #286 in Books > Audible Audiobooks > Business & Investing > Economics #920 in Books > Audible Audiobooks > Business & Investing > Personal Finance & Investing
If you're worried about inflation, this book is very useful. It covers the usual topics like gold, silver and precious metals, but then gets into a large number of other inflation hedges that are less familiar, like stamps, timber, farmland and foreign currencies. Voda believes that the government is so much in debt and has so severely over promised on entitlements that the only way out will be massive inflation. He gives a number of scenarios for inflation, anywhere from mild inflation to hyperinflation and so it's sort of pick or choose what strategies you might want to follow.
You MUST read this book if you are the least bit concerned about managing/saving/investing your hard-earned money and investments in this volatile world of financial uncertainties. This well-researched book helps you cut through the "noise" of opinions and speculations with sound advice and documented examples that will help you make sense of worldwide governmental financial decisions and actions as it exists -- and how you can benefit by making the best choices for your own portfolio. Highly recommended.
I read Voda's book with interest and no small degree of alarm. There was a lot of useful information, all very concisely arranged. There was also a good deal of eye-opening information.Regardless of what the news pundits keep telling us, it is now very clear to me that our economy is slowing down and America is getting poorer. Voda's analysis hits this trend squarely on the head.When I first entered the work force, the question was: "Which of the many appealing job offers do I take?" Now the question is: "Can I get a job at all?"People need to stop viewing the economy through their various ideological filters and start dealing with the economy as it actually is. Voda's book goes a long way towards helping us take the filters off--regardless of our particular political persuasion. Right now, his words are merely cautionary. In the not so distant future, they may become simple descriptors of America's economic reality.
David's book is helpful, especially if you have not had inflation on your radar screen. He gives a lot of ideas about methods to consider to protect yourself. I found some of the items to be rudimentary and hoped for more real actions to protect my savings. In the end, David's suggestions are good to get you to research more and develop a proper plan to protect your portfolio.One quandry out of David's discussion is the potential for another crisis and deflation prior to an inevitable inflationary environment due to the unprecedented stimulus provided by the Fed. I think David should have outlined that risk so his readers do not over-commit their entire portfolio to an inflationary bias before it happens. It is always best to hedge your bets! Good luck with your planning, I still am not sure what to do.
"Inflation Proof your Portfolio",met the expectations I had, and found very helpful content. Used it as a Christmas Gift to my husband. He was very pleased with it.
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