| Acknowledgements |
viii |
| Dedication |
ix |
| Foreward |
x |
| Introduction—It’s Different This Time? |
1 |
| History Is An Important Key to Profitability |
2 |
| What Is Needed To Study Investment History? |
3 |
| The Winans Collection |
6 |
|
|
 |
|
| There’s Gold in Them Financial Hills! |
8 |
| U.S. Economy |
10 |
| Inflation |
11 |
| Investment Liquidity |
12 |
| Investment Inventions |
13 |
| Time-Tested Investments |
14 |
 |
|
| Stocks—Simply the Best! |
18 |
| U.S. Common Stocks |
20 |
| U.S. Stocks by Market Capitalization (Size) |
21 |
| Going Long |
22 |
| Going Short |
23 |
| Timeless Advice |
24 |
| The Oracle of Omaha |
25 |
| Foreign Common Stocks |
26 |
| U.S. Preferred Stocks |
28 |
| Stock Investor Tools |
30 |
 |
|
| Real Estate—Granddaddy of Them All |
34 |
| U.S. Residential Real Estate |
36 |
| U.S. Regional Real Estate |
37 |
| Other Ways to Own Real Estate |
38 |
| Foreign Real Estate |
39 |
| Real Estate Trust Deeds |
40 |
| Real Estate Investor Tools |
41 |
 |
|
| Bonds—When Income and Safety are Wanted |
45 |
| U.S. Government Bonds |
50 |
| Municipal Bonds |
52 |
| Foreign Bonds |
54 |
| Bond Investor Tools |
56 |
| Commodities—Golden Opportunity or a Lead Balloon? |
59 |
| Gold and Silver |
60 |
| Commodity Indexes |
62 |
| Crude Oil |
63 |
| Foreign Currency |
64 |
| Commodities Summary |
66 |
| Collectibles—Turning Hobbies Into Wealth |
67 |
| Silver Coins |
68 |
| Cabernet Sauvignon Wine |
70 |
| Non-Rated Collectibles—Apollo 11 Memorabilia |
72 |
 |
|
| Cash—Can Be King! |
75 |
| U.S. Money |
76 |
| 90-Day U.S. Treasury Bills |
77 |
| 90-Day Commercial Paper |
77 |
| Treasury Yield Spread |
78 |
| Go to Cash |
79 |
| And the Winners Are |
81 |
| 200-Year Investment Chart and Performance Table |
81 |
| Market Cycles—From Easy Money to Crash Landings |
82 |
| Bull Markets—The Best of Times |
84 |
| Market Tops |
86 |
| Bear Markets — The Worst of Times |
90 |
| Market Bottoms |
92 |
| Bubbles, Fades, and Scandals |
96 |
| Historical Events—Does Wall Street Care? |
101 |
 |
|
| Uncle Sam: Economic Party Animal or Party Crasher? |
103 |
| Politics and Investing |
104 |
| The GOP and the Dems |
106 |
| The Federal Reserve |
108 |
| Taxation |
112 |
| Government Regulations |
114 |
| Who Really Caused the Great Depression? |
116 |
| Uncle Sam Summary |
118 |
| War—From Indians to Iraq, How Wars Influence Investing |
119 |
| War of 1812 |
122 |
| Mexican-American War |
124 |
| U.S. Civil War |
128 |
| Indian Wars |
132 |
| Spanish-American War |
136 |
| World War I |
140 |
| World War II |
144 |
| The Cold War |
148 |
| Korean War |
149 |
| Vietnam War |
152 |
| Al-Qaeda War |
156 |
| Paying for a War—Summary |
160 |
 |
|
| Disasters—From Kennedy’s Death to Katrina: Buy or Sell? |
163 |
| Natural Disasters |
164 |
| Earthquakes and Fires |
165 |
| Hurricanes and Tsunamis |
168 |
| Volcanoes and Tornadoes |
170 |
| Pandemics |
172 |
| Environmental Catastrophe |
174 |
| Natural Disasters Summary |
176 |
| Man-made Tragedies |
177 |
| Oil Embargoes |
178 |
| Terrorism on Wall Street |
180 |
| Shipwrecks |
182 |
| Space Travel Calamities |
184 |
| Political Assassinations and Scandals |
186 |
| Man-made Disaster Summary |
195 |
 |
|
| America’s Peaceful Achievements |
197 |
| Transcontinental Railroad |
198 |
| Panama Canal |
200 |
| Hoover Dam |
202 |
| Golden Gate Bridge |
204 |
| Apollo 11 Moon Landing |
206 |
| Cold War Ended |
208 |
| Peaceful Achievements Summary |
210 |
| Investing the Historical Way—What the Future Holds |
211 |
| Set Realistic Goals and Sensible Asset Allocations |
212 |
| Executing the Investment Game Plan |
215 |
| Monitoring an Investment Portfolio |
216 |
| Portfolio Rebalancing |
217 |
| Final Thoughts |
218 |
| |
|
| Appendixes |
219 |
| Disclaimer |
221 |
| List of Tables |
222 |
| Sources and Credits |
237 |
| Page References |
241 |
| About the Author |
245 |
