Keeping Your Money - by Dean McGowan (Hardcover)

Book Synopsis

Your Money Is Yours for the Keeping!
Dean McGowan is no stranger to how confusing and overwhelming the world of investing can be for most of us. Over his decades-long journey of managing his clients' investments, McGowan has observed where others go right-or very wrong-when attempting to build their wealth. In Keeping Your Money, McGowan breaks down in simple terms the best investment practices and, more importantly, what to avoid when investing your hard-earned savings.

Growing up in East Texas at a time when even children were expected to contribute financially, McGowan has always known the value of a dollar. This formative experience would later equip him with the self-management skills to put himself through college and realize his dream of working in wealth management.

In Keeping Your Money you will learn a multitude of timeless principles, such as:

• DON'T sell at the lows or buy at the highs


• DO diversify your investments


• DON'T buy on a margin


• DO invest for the long term


• DON'T speculate on the market


• DO research every investment opportunity

Illustrating his points with anecdotes from his many decades of managing client investments, along with the amusing and horrifying investment debacles that have beset figures from pop culture and history, McGowan offers an educational and engaging guide to smart investing. The time is now to give your hard-earned wealth the best possible chance to take root and keep on growing through the years ahead.

Review Quotes

"Dean McGowan is an icon in our industry, especially in the North Dallas area. The insights offered in this book come through lived experiences over numerous economic cycles. Through varying market conditions, geopolitical events, and business gyrations, Dean offers an excellent and simplistic guide to start your investment journey." --Bruce Dillard, Vice President, UBS

"Dean McGowan offers a profound prospective from an experienced professional in the financial services field." --Diane McNulty, PhD, Clinical Professor and Associate Dean of External Relations & Corporate Development at the University of Texas at Dallas's Naveen Jindal School of Management

"Anyone entering the world of financial management with an account should read this book. It deals with the disciplines and behaviors that all successful investors should possess." --Jesse Wilson, Former Senior Vice President of Texas Instruments

"In a world where too many investment managers are using their clients' money to pursue social justice or cure the climate, and too many investors fall for get-rich-quick schemes, Dean McGowan is keeping his eye on the ball: How can investors safely and prudently maintain and grow their assets? Keeping Your Money: Real Advice on Wise Investing is a simple but profound recipe book for saving and building your wealth. McGowan, a retired financial advisor and founder of the North Dallas operations of Paine Webber (now UBS financial services), draws on decades of experience to show how, while investors are typically in pursuit of high gains, the real trick is to hold onto your assets and stick to a reliable plan to build your wealth despite seductive temptations and easy-to-make mistakes." --Andy Puzder, Former CEO of CKE Restaurants and Author of A Tyranny for the Good of Its Victims: The Ugly Truth about Stakeholder Capitalism