Book description
User-friendly risk management tools, tips, and techniques for a less
certain world
Though a very high level of investor uncertainty, anxiety, and
concern about risk now exists, the vast majority of investors do not
genuinely understand investment risk-let alone how to effectively
manage it. The "Risk-Wise" Investor offers a totally new,
user-friendly, non-technical way to help you better understand and
manage uncertainty and risk. This practical guide will help investors
avoid many common pitfalls and make well informed, knowledge-based
decisions when facing uncertainty and risk. It also shows how to
implement a personalized, systematic risk management planning process
that will allow you to manage the risks you face more effectively and
improve the likelihood of achieving specific investment goals. Though
traditional investment advice is based on taking the long view and
diversifying portfolios, the information here shows how to incorporate
additional risk management considerations into your plans. It also
provides innovative insights that will help investors and their
advisors better understand how to
- Gain a practical, user-friendly, knowledge based understanding
of risk and risk management
- Better understand and manage financial uncertainty and rapid change
- Release life-risk management skills in the world of investments
- Become less anxious, more knowledgeable, realistic, and
potentially more successful investors
- Learn a new "empowering" definition of risk to more
effectively address risk and uncertainty
- Help reduce the likelihood and potential impact of negative
surprises
Michael T. Carpenter is a true investment industry veteran, with over
thirty-five years of professional experience. He has led industry
programs at both Harvard and Columbia University. Carpenter has also
worked as a successful financial advisor, then regional and national
level executive with PaineWebber, and subsequently led national
distribution effortsÂ-including sales, sales support, and key accounts
teams; product development, marketing, and national advisor and
investor educational programsÂ-for John Hancock Funds, as well as
Transamerica IDEX, MFS, and Rydex Global Advisors before setting up
his own Boston-based sales and marketing consulting firm in 2003.
