NEW YORK, Feb. 11, 2014 /PRNewswire-iReach/ -- With unpredictable global markets, concern about the bond market and the possibility of a down year in the US stock market, many people may feel confused, queasy or uncomfortable with their investment strategy. It's quite likely that hundreds of thousands of investors are unsure of the best way to protect their money in today's climate. And as life expectancies continue to rise, the most pressing question for investors is how to make their nest egg last long enough, and achieve peace of mind in this volatile financial landscape. Expert investor Tim McCarthy understands that the majority of investors want to grow their money without the risk of losing it. His new book, The Safe Investor: How to Make Your Money Grow in a Volatile Global Economy (Palgrave Macmillan, February 4, 2014, Hardcover, $30, ISBN: 1-137-27910-9), is a practical and accessible guide for anyone looking to make sense of their portfolio, and solidify their nest egg into a true source of security that will last throughout their lifetime.
GLOBAL INSIGHTS FROM A TOP INVESTING MIND
As former President of Charles Schwab and a top executive with Fidelity Investments, McCarthy has the distinct benefit of knowing what U.S. investor's want, and what is different about international investors – and international investments. Having lived and worked in over forty countries, McCarthy brings this international experience to bear in explaining the ins and outs of diversifying globally, detailing how investors can decrease risk in the following three ways.
Decreasing investment risk, according to McCarthy, hinges on time, country and asset class:
· Alleviating time-related risk: McCarthy explains how most people fail to grasp the "Clock of Investing", or how long investing cycles can be, and how long you need to stay invested. He shows how leaving a portfolio alone for longer periods of time can help alleviate time-related risk.
· Diversifying through country classifications: McCarthy reveals how international investments can actually decrease risk in a portfolio, and which countries hold the most potential for growth. He lays out a redefinition of the country classifications that will help investors of all ages add an international element to their portfolio that will potentially decrease risk while increasing return.
· Using a smart "asset class" strategy: The Safe Investor book details how to use different asset types and styles, and why this strategy is crucial for any portfolio.
The Safe Investorbook is divided into four parts:
Part 1 of The Safe Investor begins with lessons from investors, detailing mistakes they made and lessons they have learned the hard way.
Part 2 provides actionable items for investors including an examination of investing in international markets.
Part 3 gives tips to find a trustworthy advisor, including red flags that can signal to the investor that an advisor is not a good resource.
Part 4 includes McCarthy's final words of advice, including what he says are seven critical investing lessons.
By the end of The Safe Investor, readers will take comfort in having a blueprint that is easy to understand, flexible and adjustable. Most importantly, McCarthy's advice will provide investors with the essential tools they need to grow a secure financial nest egg over a lifetime.
ABOUT TIM McCARTHY
Tim McCarthy is the author of The Safe Investor: How to Make Your Money Grow in a Volatile Global Economy (February 2014; Published by Palgrave Macmillan). McCarthy has dedicated his entire career to the financial services industry and his experiences include serving as Chairman and CEO of Nikko Asset Management in Tokyo, Good Morning Securities in Seoul, CEO of Jardine Fleming in Hong Kong, President of Charles Schwab and Co., and President of the Fidelity Investment Advisor Group.
As an executive who formerly led large and successful corporations, McCarthy understands how difficult it can be for employed individuals to speak their minds. At this point in his career, he prides himself on offering candid comments and frank opinions.
For more information please visit www.TimMcCarthy.com.
Media Contact: Alfred Martin, Impact Communications, 913-649-5009, firstname.lastname@example.org
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SOURCE Tim McCarthy