The 7 Best Books for Your Money and Career

These excellent guides will help you invest better, plan for retirement and find inspiring work

by Ken Page • Next Avenue
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They maintain that the starting point for constructing an investment portfolio shouldn’t be its long-term expected return. Instead, Bodie and Taqqu say, you ought to take a goal-based approach. Weigh the earnings prospects of your career, then invest in ways that will limit your financial risks, so your standard of living won’t fall below a certain level in retirement. (The authors believe that stocks are too dicey to be the core investment of the average worker.)

I like their framework because it takes seriously the idea that how you save and where you save is all about what you want out of life.

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