The views outlined in this book are those of the authors and should not be construed as individualized or personalized investment advice. Any economic and/or performance information cited is historical and not indicative of future results. Economic forecasts set forth may not develop as predicted.
Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this book, will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for a given investor or portfolio.
Investing in stocks include numerous specific risks including: the fluctuation of dividend, loss of entire principal and potential illiquidity of the investment in a falling market. Bonds are subject to market and interest rate risk if sold prior to maturity. Bond and bond mutual fund values and yields will decline as interest rates rise and bonds are subject to availability and change in price.
All information, including that used to compile charts and/or tables, is obtained from sources believed to be reliable, but we did not audit the information so we cannot verify the accuracy and do not guarantee reliability.
The information contained in this book is general in nature and offered only for educational purposes. No investment decisions should be based solely upon this book’s contents. Moreover, you should not assume that any discussion or information contained in this book serves as the receipt of, or as a substitute for, personalized investment advice. This book is not a substitute for engaging a professional advisor for a personal consultation whereby all of your financial circumstances, risk tolerance and investment objectives can be considered. To the extent that you have any questions regarding the applicability of any specific issue discussed above to your individual situation, you are encouraged to consult with the professional advisor of your choosing.
This book is designed to provide information that the authors believe to be accurate on the subject matter it covers, but it is sold with the understanding that neither the author nor the publisher is offering individualized advice tailed to any specific portfolio or to any individual’s particular needs or rendering investment advice or other professional services such as legal or accounting advice. A competent professional’s services should be sought if one needs expert assistance in areas that include investment, legal, and accounting advice. This publication references performance data collected over many time periods. Past results to not guarantee future performance. Additionally, performance data, in addition to laws and regulations, change over time, which could change the status of the information in this book. This book solely provided historical data to discuss and illustrate the underlying principles. Additionally, this book is not intended to serve as the basis for any financial decision; as a recommendation of a specific investment advisor; or as an offer to sell or purchase any security. Only a prospectus may be used to offer to sell or purchase any security, and a prospectus must be read and considered carefully before investing or spending money. No warranty is made with respect to the accuracy or completeness of the information contained herein, and both the authors and the publisher specifically disclaim any responsibility for any liability, loss, or risk, personal or otherwise, which is incurred as a consequence, directly or indirectly, of the use and application of the contents of this book.