Money mindset: formulating a wealth strategy in the 21st century

Harness the power of your money with a 21st century mindset The speed at which the world is evolving is compounding exponentially each day, leaving individual investors wondering how to appropriately plan for their financial future. The financial norms that helped prior generations retire with grace are quickly evaporating or have already been replaced with new difficult realities. Money Mindset is an expert-led guide to growing your wealth, protecting your wealth, and transferring your wealth to future generations. Written by a third generation financial planner who is also an adjunct finance professor at the W.P. Carey School of Business at Arizona State University, Money Mindset helps readers understand important financial concepts and theories of the 21st century.

Titlepage -- Copyright -- Dedication -- Foreword -- Preface -- Who This Book Is For -- Acknowledgments -- Chapter 1: Money Is Energy -- There Is No Silver Bullet -- Building Your "Financial Foundation" -- What's Ahead? -- Note -- Chapter 2: The Psychology of Money -- The Science of Fear and Greed -- What's Ahead? -- Note -- Chapter 3: New Retirement Paradigm -- The Coming Crisis in Retirement Planning -- Why Is Retirement So Different Today? -- The System Is Running Out of Energy -- What's Ahead? -- Notes

Chapter 4: The "Why" of Financial ManagementWhat's Your "Why"? -- Not Planning Is the Same as Planning to Fail: Where to Start -- Be Prepared for the Thunderstorms -- What's Ahead? -- Chapter 5: The Power of Compound Interest and the Erosive Effect of Inflation -- The Power of Compound Interest -- Make Time Work for You -- The Cost of Procrastination -- The Story of Larry and Earl -- The Erosive Effects of Inflation -- Looking at Inflation Today -- The Shrinking Dollar -- Memory Lane -- What's Ahead? -- Note -- Chapter 6: Building Your Wealth

The Financial Engine of Your Wealth CreationAsset Allocation -- Importance of Asset Allocation -- What Does Salsa Have to Do with: Asset …