Finance for Academics
ISBN:
9781461432432
Auflage:
2011
Verlag:
Springer US
Land des Verlags:
Deutschland
Erscheinungsdatum:
23.03.2012
Reihe:
SpringerBriefs in Finance
Format:
Softcover
Seitenanzahl:
129
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Versandkostenfrei ab 40 Euro in Österreich
The purpose of this book is to provide a hands-on guide to finance and investment for academics with an objective of providing strategies to maximize income, minimize fees, and legally minimize taxes. There are many risks in finance and investment such as stock market crashes, inflation, corruption, fees and interest rates. This book stresses that stocks and bonds are the mainstay of most investors. Dividend-growth
stocks mitigate the risk of inflation. In addition, they cost nothing once they are purchased, unlike mutual funds that have constant fees. The author explains how to find dividend-growth stocks whose payout increase exceeds inflation and how to compound quarterly in order to make projections for future growth in the number of shares or in the value of the capital itself. The author, in addition, discusses the value
of bond funds and master-limited partnerships for an investment portfolio. Retirement income is a major concern for senior academics and the median level of retirement savings for those 55 to 64 is only $145,000, which is insufficient. The author stresses the need to mix dividend-growth stocks and closed-end bond funds to fund retirement
as well as explains Roth IRAs, 401(k)s and other such tax-free forms of
retirement financing. Finally, the book examines financial risks and shows how to mitigate them to the extent possible. This book is a must-have for any professor or academic approaching retirement age or looking to secure their future income.
Schlagwörter
Biografische Anmerkung
Ronald A. Francisco is Professor of Political Science at the University of Kansas. For eight years he has also been the author of highly-downloaded guide on finance and investment for income, 'Finance for Academics', which introduces necessary facts and concepts of finance to the academic world.









