Book Description

Market fluctuations are a fact of life for all investors. The challenge is to ensure our portfolios have the physical vitality to withstand the constant strain placed upon them by ever-changing markets. Portfolio First Aid writes the prescriptions needed to heal all manner of investment injuries. Suitable for all investors from the novice to the veteran, Portfolio First Aid provides a dose of clear, easy-to-follow preventive medicine to keep portfolios healthy and vibrant. Portfolio First Aid: Diagnoses the source of the most common portfolio ailments. Provides practical advice for any investor, whether you invest on your own or with the help of a professional. Covers all the steps to healthier investing: balancing your portfolio, investing for income, building wealth, working with an advisor, managing risk, minimizing your costs, benchmarking the performance of your investments, and more. Offers clear prescriptions for building a healthier portfolio. "We all make investment mistakes. Portfolio First Aid is packed with advice on how to avoid them—and with profit. Eminently readable and practical, it is a prime and welcome addition to the thoughtful investor’s library." —John Crow, Former Governor, Bank of Canada "The authors of Portfolio First Aid have taken the principles of investing, which are often presented in overly complex terms, and made them simple and actionable. Moreover, they have done so in a highly engaging and entertaining style! This book will be invaluable to investors and their portfolios, not just as first aid, but also as preventive medicine." —David F. Denison, President and Chief Executive Officer, Canada Pension Plan Investment Board