An engaging guide aimed at retirees but packed with practical advice that even 20- and 30-somethings might use.
Financial planner Williams offers solid retirement planning advice using examples from the life of Michelangelo.
There’s actually an “art” to planning for retirement, Williams writes, and throughout his book, he cites one of the world’s most celebrated artists as an example of someone who financed a great lifestyle well into his retirement years. For example, he notes that Michelangelo was past 70 when he got the job as the architect of St. Peter’s Basilica. Like Michelangelo, he writes, investors have to be discriminating in their choices of which experts to follow, and the author is not a fan of one-size-fits-all financial advisers on television, calling CBNC’s Jim Cramer and Suze Orman financial “entertainers.” Although this premise may initially sound gimmicky, Williams has a larger concept in mind, devoting half his book to personal values and half to investing. In the first section, he cites 2005 research showing that baby boomers are much more interested in learning about their parents’ ethics and faith than about their parents’ financial assets, so Williams offers the idea of an “ethical will,” a non–legally binding document which can help people pass along their moral values to their children. The book’s second half offers more traditional retirement planning advice, such as how to determine risk tolerance and build the right investment portfolio. Williams notes that too many retirees are afflicted with information overload; when there are too many financial choices—or too many choices that are too similar—it can lead to investment paralysis. For readers who want a professional adviser’s help, Williams suggests avoiding those who claim to have cornered the market on results: “Does the advisor brag about market-beating results year after year? If so, get up and walk out.” Overall, the author writes in clear, simple language, only rarely veering into jargon. Despite a few typos and occasional unnecessary preludes, his advice is easily digestible without being dumbed down. Appendices include questionnaires that will likely aid those ready to start planning.
An engaging guide aimed at retirees but packed with practical advice that even 20- and 30-somethings might use.Pub Date: Sept. 16, 2013
ISBN: 978-0986044304
Page Count: 232
Publisher: Emerson Publishing
Review Posted Online: Dec. 6, 2013
Review Program: Kirkus Indie
These are not hard and fast rules, but Meyer delivers important reading for those engaged in international business.
A helpful guide to working effectively with people from other cultures.
“The sad truth is that the vast majority of managers who conduct business internationally have little understanding about how culture is impacting their work,” writes Meyer, a professor at INSEAD, an international business school. Yet they face a wider array of work styles than ever before in dealing with clients, suppliers and colleagues from around the world. When is it best to speak or stay quiet? What is the role of the leader in the room? When working with foreign business people, failing to take cultural differences into account can lead to frustration, misunderstanding or worse. Based on research and her experiences teaching cross-cultural behaviors to executive students, the author examines a handful of key areas. Among others, they include communicating (Anglo-Saxons are explicit; Asians communicate implicitly, requiring listeners to read between the lines), developing a sense of trust (Brazilians do it over long lunches), and decision-making (Germans rely on consensus, Americans on one decider). In each area, the author provides a “culture map scale” that positions behaviors in more than 20 countries along a continuum, allowing readers to anticipate the preferences of individuals from a particular country: Do they like direct or indirect negative feedback? Are they rigid or flexible regarding deadlines? Do they favor verbal or written commitments? And so on. Meyer discusses managers who have faced perplexing situations, such as knowledgeable team members who fail to speak up in meetings or Indians who offer a puzzling half-shake, half-nod of the head. Cultural differences—not personality quirks—are the motivating factors behind many behavioral styles. Depending on our cultures, we understand the world in a particular way, find certain arguments persuasive or lacking merit, and consider some ways of making decisions or measuring time natural and others quite strange.
These are not hard and fast rules, but Meyer delivers important reading for those engaged in international business.Pub Date: May 27, 2014
ISBN: 978-1-61039-250-1
Page Count: 288
Publisher: PublicAffairs
Review Posted Online: April 15, 2014
Kirkus Reviews Issue: May 1, 2014
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.
“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.
It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.Pub Date: Nov. 12, 2019
ISBN: 978-1-61039-950-0
Page Count: 432
Publisher: PublicAffairs
Review Posted Online: Aug. 28, 2019
Kirkus Reviews Issue: Sept. 15, 2019
SEEN & HEARD
© Copyright 2024 Kirkus Media LLC. All Rights Reserved.
Follow
Popular in this Genre
We can’t wait for you to join Kirkus!
It’s free and takes less than 10 seconds!
Already have an account? Log in.
OR
Sign in with GoogleTrouble signing in? Retrieve credentials.
Welcome Back!
OR
Sign in with GoogleTrouble signing in? Retrieve credentials.
bookshelf