Crash Profits explains not only how to survive, but how to make money before, during, and after a crash. Using real examples fresh from the financial pages, Weiss delineates the full range of risks facing the average American. He shows readers how to see through the lies that Wall Street tells and how to find safer alternatives to stock investing, as well as what to sell, how to sell, and when to sell (and when not to sell). Here’s the unvarnished truth about investing today, coupled with the strategies every American can use to turn windfall profits while others are losing their shirts.
Author’s Introduction:
For you, there are two opportunities: You can make money on the way down and still more on the way back up. Even if you take advantage of just one of these opportunities, and even if you start with a small amount of money, you can be very successful. The more successful you are, the more empowered you will be to invest in the best-managed, most sound, and most profitable enterprises when they need your support the most.
I have written this book to help you maximize your chances of success. The first half of the book is about the current crisis—how we got into this mess in the first place, what dangers are still lurking behind the scenes, and what you can do about it right now. The second half is about worst-case scenarios for the future and my advice regarding the wisest steps to take before, during, and after the crisis. Although I paint a dire picture, always remember that it is never too late—for you as an individual and for the country as a whole—to take protective action. And even in the darkest of times, there will still be abundant hope for a better tomorrow.
Bear in mind that my worst-case scenario is not written in stone. It is designed strictly as a warning of what could happen if our leaders continue their present course. It’s also my way of alerting you to the outstanding opportunities that an adverse market environment can offer you. Some of the events ahead are beyond the power of any one individual or group to control. But never underestimate your own ability to change your future.
Contents:
- The Broker’s Hidden Agenda
- The Bubble
- The Wall Street Hype
- The Bubble Bursts
- The $17,000 Toilet Kit
- Sell These Stocks Now!
- Get Your Money to Safety
- The Ballooning Budget Deficit
- The Bond Market Bubble
- The Real Estate Bubble
- The Winning Minority
- The Team
- Hidden Risks
- Deflation!
- The Fall of the Blue Chips
- Move Your Account!
- An Appeal to Action
- Vertigo
- The Big Bailout
- The Great Rally
- The Gap
- The Blame Game
- Rock Bottom
- The Darkest Day
- A True Recovery