Boom, bust, growth, stagnation, inflation. Every stage or season of the business cycle--including recession--has its own profitable investment strategy. The All-Season Investor is an invaluable handbook for anyone who's trying to make the most of their investments--no matter what the economic climate. The All-Season Investor shows you how allocating assets among several investment categories should be your cornerstone of a successful investment strategy for the '90s. You'll begin with a general introduction to asset allocation. The importance of diversification in successful asset allocation is discussed. The role of securities and mutual funds in the asset allocation mix is examined. And you'll learn how to earn above-average return by adding compounding and risk management to the mix. The All-Season Investor shows you how to read changes in the economic climate, the bond market, the stock market, and the index of leading economic indicators like a pro. This complete guide to modern methods of asset allocation shows you how to assess the economic climate on the basis of those figures and formulate a strategy for success using that knowledge. You'll learn how to track the business cycle--stage by stage--and how to identify cycle benchmarks that let you know when to make your moves. There's information on where gold fits into the cycle, and when it should be owned--or avoided. And detailed appendices offer analyses of the bond and stock markets as well as a historical analysis of market performance during each of the six stages. Let leading investment advisor and bestselling author Martin Pring show you the way to investor independence. Unsettling economic conditions need not prevent youfrom seizing control of your financial destiny. The All-Season Investor is packed with practical, straightforward methods for allocating assets that let you meet your personal investment goals.

Diversification: The Medicine for Sleepless Nights. Securities in the Asset Allocation Mix. Mutual Funds. The Power of Compounding. Manage Risk, and the Profits Take Care of Themselves. The Business Cycle and Asset Allocation. Tracking the Typical Cycle. Asset Allocation as the Cycle Unwinds. Tracking the Stages: Market Action. Tracking the Stages: Business Cycle Benchmarks. Gold and the Business Cycle. Allocating Assets for Your Personal Investment Objectives. Conclusion. Appendices. Index.