How to Retire Rich: Time-Tested Strategies to Beat the Market and Retire in Style

James P. O'Shaughnessy, Author Broadway Books $25 (288p) ISBN 978-0-7679-0072-0
With social security and company pension plans often insufficient, personal savings and investments are vital to our ever-lengthening life expectancy, stresses financial writer O'Shaughnessy (What Works on Wall Street) in this lucid and cogent guide. ""The Stock Market is the only way,"" he advises, while urging diversification among as many as 50 issues and the will to stay committed for at least 10 years. In one strategy, he measures share price in relation to company sales, among other criteria. A more conservative approach also offered by O'Shaughnessy centers on industrial leaders, inter alia, Mobile, Exxon, Ford, GTE. Yet another calls for investing annually in the 10 highest-dividend stocks on the Dow. Examples abound in these pages of how a $10,000 investment theoretically can become, in time, a multi-million-dollar retirement fund. Charts and tables track the historical performance of investment groupings cited in the author's strategies. Author tour. (Jan.)
Reviewed on: 12/01/1997
Release date: 12/01/1997
Paperback - 288 pages - 978-0-7679-0073-7
Hardcover - 978-0-7679-0087-4
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