The Prudent Investor's Guide to Beating Wall Street at Its Own Game

"Timely and practical. This book brings the leading edge of investment information to the prudent investor in an understandable way." - Charles Schwab, Chairman, Charles Schwab Corporation. "to write a book like this on Modern Portfolio Theory and make it understandable would be a very difficult job. John Bowen went ahead and did it. Congratulations." - Merton Miller, Nobel Laureate in Economics. Individual investors today must fend for themselves as they seize control of their own portfolios. In this authoritative and ill-researched book, investors learn how to simply and effectively use popular asset allocation strategies - in combinations with mutual funds - to greatly increase their returns. The reader is walked step-by-step through a low-risk, high-return approach using model portfolios and case histories, plus timely information on emerging markets, tax-saving moves, annuity products, and more.

John J. Bowen, Jr., CFP, is president and CEO of Reinhardt Werba Bowen Advisory Services. He has written two previous investment books, has appeared on CNBC, CNN, and Bloomberg, and is regularly quoted in The Wall Street Journal, USA Today, and U.S. News & World Report.

Daniel C. Goldie, CFP, CPA, is Senior Financial Advisor for Reinhardt Werba Bowen Advisory Services. He oversees $100 million of client assets, and is a frequent speaker at investment workshops and educational seminars.

Introduction. Five Key Concepts of Investment Success. From Noise to Information. Effective Diversification Reduces Risk and Enhances Return. The Role of Size and Value. Asset Class Mutual Funds--The NewParadigm. Adding Value Through Global Diversification. Tax-Efficient Investing. How to Build the Optimal Portfolio. Your Investment Policy Statement.Docs Asset Class Investing Meet Investor Needs? Putting It All Together. How to Select a Finance Advisor.