No One Ever Told Us That E-Book

John D. Spooner

• Herausgeber: John Wiley & Sons
• Kategorie: Fachliteratur
• Sprache: Englisch

Seitenzahl: 240

Veröffentlichungsjahr: 2015

Beschreibung

The "new grownup" guide to managing your life and money in the modern economy No One Ever Told Us That is a series of essential life and financial lessons that every adult needs to read before they embark upon their own life's adventures. You've completed your education, your couch surfing, and your internships--now it's time to grow up. You have a "real" job, maybe a family, and maybe a mortgage; but you've been launched into an uncertain world. This book is your much-needed guide to life as an adult, giving you the answers you need about becoming a professional, becoming financially secure, and becoming your own person. You see the world differently when you spend your days supporting yourself and your family, and money management quickly becomes an integral part of everything you do. This useful guide shows you how to do what you need to do, find the people you need on your side, and fulfill your obligations to those who matter most to you. You may have been used to the idea of "independence" for a while by now, but when the reality of it hits, many new adults are thrown into a sudden state of panic. This book is your guide through the storm, your handbook for adulthood, and your personal companion for the journey ahead. * John D. Spooner has a dual life. He has been named by Barrons as one of the top 100 financial advisors in America. As an author, the great mystery writer Robert B. Parker has said, "John Spooner is, quite simply, one of the best writers in America." * Gain a fresh perspective on the world as a grownup * Meet financial challenges with smart money management * Assemble your personal, legal, medical, and financial support team * Learn essential lessons before you suffer their consequences * Written by the only full-time writer and money manager in America Nothing in your experience has ever prepared you for the responsibility of responsibility. You've been thrown into the deep end, the undertow is strong, and the stakes are high--it's time to start swimming. No One Ever Told Us That gets you right on track to your brightest future.

Leseprobe

NO ONE EVER TOLD US THAT

Money and Life Lessons for Young Adults

JOHN D. SPOONER

Cover image: © hin255/Shutterstock Cover design: Wiley

Copyright © 2015 by John D. Spooner. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada.

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750–8400, fax [phone], or on the Web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748–6011, fax [phone], or online at http://www.wiley.com/go/permissions.

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Library of Congress Cataloging-in-Publication Data:

Spooner, John D.    No one ever told us that : money and life lessons for young adults / John D. Spooner.       pages cm     Includes index.     ISBN 978-1-118-99223-4 (cloth); ISBN 978-1-118-99226-5 (ePDF);     ISBN 978-1-118-99224-1 (ePub)  1. Investments–Miscellanea.   2. Finance, Personal–Miscellanea.   3. Conduct of life–Miscellanea.   I. Title.    HG4521.S7184 2015    332.024–dc23

2015007712

DISCLAIMER

I am a writer. But I also happen to run a wealth management business under the umbrella of a major investment banking firm. These dual careers are distinctly separate from one another. This right brain, left brain life seems to work fine for me.

But my opinions expressed within these chapters are strictly from my own experiences, and are my own observations.

John D. Spooner

For my clients and special friends who have taught me all the lessons. And for my sister Susie, for so many reasons.

CONTENTS

ACKNOWLEDGMENTS

INTRODUCTION

PART I BECOMING A PROFESSIONAL

CHAPTER 1 Take the Pro to Lunch

CHAPTER 2 Beware of Experts

CHAPTER 3 If Your Company Is Bought by Another

CHAPTER 4 Entitlement

CHAPTER 5 Don't Be a Wise Guy

CHAPTER 6 A Little Bit of New Jersey or Brooklyn

CHAPTER 7 Don't Be Afraid to Ask Stupid or Provocative Questions

CHAPTER 8 Laughter Can Diffuse the Problems

CHAPTER 9 You Never Know Anyone until You Deal with Their Money

CHAPTER 10 Plan for the

Worst

Case, Not the

Best,

in Business and in Life

CHAPTER 11 So You Want to Be in the Investment Business

CHAPTER 12 Do Your Homework

CHAPTER 13 How to Get Good Press and Publicity

CHAPTER 14 Acts of Kindness

CHAPTER 15 Tipping

CHAPTER 16 Resumes Redux

CHAPTER 17 Always Have a Fallback Plan

CHAPTER 18 Blood and Water

CHAPTER 19 Media Translations

CHAPTER 20 So You Got Fired

CHAPTER 21 Provocative Headings

CHAPTER 22 Getting Rich: The Ups and Downs

CHAPTER 23 Branding: Pulling the Wagon

CHAPTER 24 Tribes

CHAPTER 25 Weekends

CHAPTER 26 Being an Entrepreneur: What It Takes

PART II BECOMING FINANCIALLY SECURE

CHAPTER 27 Interest Rates

CHAPTER 28 Insider Trading

CHAPTER 29 Do You Want to Make Money, or Would You Rather Fool Around?

CHAPTER 30 Doing Stock Research

CHAPTER 31 Make Long-Term Money with Simple Themes

CHAPTER 32 Can You Do It Yourself?

CHAPTER 33 Getting to Peace of Mind

CHAPTER 34 Picking Someone to Watch over Your Money

CHAPTER 35 When You're Frightened by the News

PART III BECOMING YOUR OWN PERSON

CHAPTER 36 The Actor and the Actress

CHAPTER 37 Having Something to Trade

CHAPTER 38 The 110 Percent Rule

CHAPTER 39 Life Lessons: Don't Look Back

CHAPTER 40 Get Your Elders' Stories

CHAPTER 41 Don't Be a Trustee or an Executor

*

CHAPTER 42 Buying and Selling Jewelry

CHAPTER 43 Social or Country Clubs

CHAPTER 44 The Incremental Pain in the Butt Theory

CHAPTER 45 Every Family Is a Soap Opera

CHAPTER 46 Fathers and Sons

CHAPTER 47 When Family or Friends Are Afflicted

CHAPTER 48 Go to the Source

CHAPTER 49 Philanthropy

CHAPTER 50 Keep the Markers out There

CHAPTER 51 Raising Children

CHAPTER 52 Marriage

CHAPTER 53 Divorce

CHAPTER 54 Someone to Love You

CHAPTER 55 Medical Smarts

CHAPTER 56 Taking Care of the People Who Take Care of You

CHAPTER 57 Losing a Parent

CHAPTER 58 Getting Smart Lawyers on Your Side

CHAPTER 59 Last Chapter

ABOUT THE AUTHOR

OTHER BOOKS BY JOHN D. SPOONER

INDEX

EULA

Guide

Cover

Table of Contents

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ACKNOWLEDGMENTS

In no special order, my thanks to the following people for their help in bringing this advice to their young adults who need gentle shoves in the right directions.

Even if my helpers didn't realize at the time how much they added to my writing of the book, they made it possible: Weld Henshaw, Bob and Debbie First, Robert Sprung, Yvonne Russell, Alan Miller, Mike Sandler, Fred Greenman, Bill and Judy Cowin, Dr. Stuart Mushlin, Jeff Levine, Andy Hunter, Bill Eisen, Joe Rooney, Suzanne DelVecchio, and Nat Bickford.

And all the caring people at John Wiley & Sons.

Above all, agent and friend, John Taylor “Ike” Williams, and his associate, Katherine Flynn.

INTRODUCTION

This is a book for all of you new grown-ups, out in the world for long enough to have experienced some early bumps in the road, and long enough to know how challenging this new century is for you, in all areas of your still-young lives.