Enough Bull - 2nd Edition by David Trahair (Hardcover)

About the Book

The one book your bank Really does not want you to read. More than ever before, Canadians are frightened and stressed out about their retirement and financial future. With the mortgage, car payments and credit card bills, there never seems to be enough to pay the current bills let alone save thousands in RRSPs. At the same time, the large financial institutions are bombarding us with fearful messages of destitution unless we maximize our RRSP contributions. The stock market crash of 2008 has proven one thing: traditional retirement planning advice simply doesn't work. The risks are too enormous.

Book Synopsis

Stop risking everything to make your investment advisor rich

The stock market crash of 2008 proved one thing: traditional retirement planning advice simply doesn't work. The risks are too enormous. Trusting the stock market is like gambling with your family's future. But how do you plan for retirement without risking everything? Enough Bull shows you how, with an easy-to-understand, simple-to-apply strategy for a better retirement.

Enough Bull overturns the conventional wisdom about retirement planning, and offers the simple secrets to securing a comfortable retirement. In an accessible and straightforward style, this practical guide explains how it's possible to save for retirement starting later in life, retire comfortably on less money, and incur less risk. Updated to apply to both the U.S. and Canada, this new second edition offers a message of hope for average, cash-strapped baby boomers by detailing a step-by-step plan for avoiding all the traps, doing the exact opposite of what the major financial institutions recommend, and still coming out further ahead.

• Invest only in safe investments that will never decline
• Get out of the stock market and mutual funds forever
• Why waiting to save for retirement may beat starting early
• Elect to receive the CPP pension at exactly the right age
• Avoid the common scams that lead to financial disaster

More than ever before, retirees are frightened and stressed out about finances. There never seems to be enough to pay current bills, let alone save thousands in RRSPs and 401Ks, yet the large financial institutions bombard us with fearful messages of destitution unless we maximize our contributions. The truth is this makes them rich, and you poor. Cut through the noise, stop taking the bait, and discover how you can have a comfortable future without sacrificing the present. Enough Bull provides the plan, you just need to act.

From the Back Cover

Praise for ENOUGH BULL

"Investors have two strikes against them when it comes to saving for retirement. For one, the financial services industry offers products and services designed to make them rich at your expense. Second, we're our own worst enemy when it comes to investing--our behavioral biases often lead to poor returns. David Trahair shuns the traditional advice model, suggesting that it's better to pay off the mortgage, avoid the stock market, and keep your savings absolutely safe. And you know what? He's probably right."
--Robb Engen, fee-only advisor and author of the Boomer & Echo blog

STOP RISKING EVERYTHING TO MAKE YOUR ADVISOR RICH

Tired of making your financial advisor rich? In the second edition of the national bestseller Enough Bull, David Trahair shows you why: You don't need the stock market or mutual funds. You don't need to risk your financial life going over spectacular plunges or stagnating for endless periods of time going around in circles, only to hope you won't go under in the process.

Enough Bull overturns the conventional wisdom about retirement planning and offers the simple secrets to securing a comfortable retirement. In an accessible and straightforward style, this practical guide explains how it's possible to save for retirement starting later in life, retire comfortably on less money, and incur less risk. Revised and updated, this second edition offers a message of hope for average, cash-strapped baby boomers by detailing a step-by-step plan for avoiding all the traps--doing the exact opposite of what the major financial institutions recommend, and still coming out further ahead.

About the Author

DAVID TRAHAIR, CPA, CA, is a speaker, national bestselling author, and financial columnist for CPA Magazine. His other books include Smoke and Mirrors: Financial Myths That Will Ruin Your Retirement Dreams, Crushing Debt: Why Canadians Should Drop Everything and Pay Off Debt, and Cash Cows, Pigs and Jackpots: The Simplest Personal Finance Strategy Ever. He is known for his ability to explain the often-confusing world of personal finance in plain English. Canadians appreciate his no-nonsense style and the fact that his views are totally independent because he does not sell any financial products. He currently operates his own financial consulting firm and gives seminars on his books to accountants in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Nova Scotia.