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The Ultimate Depression Survival Guide: Protect Your Savings, Boost Your Income, and Grow Wealthy Even in the Worst of Times

The Ultimate Depression Survival Guide: Protect Your Savings, Boost Your Income, and Grow Wealthy Even in the Worst of TimesAuthor: Martin D. Weiss
Publisher: John Wiley and Sons
Category: Book

List Price: $27.95
Buy New: $6.17
as of 7/31/2010 03:06 CDT details
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New (57) Used (30) Collectible (1) from $4.73

Seller: justgreatbooks
Rating: 4.5 out of 5 stars 82 reviews
Sales Rank: 16498

Media: Hardcover
Edition: 1st
Pages: 240
Number Of Items: 1
Shipping Weight (lbs): 0.8
Dimensions (in): 9 x 6.5 x 1

ISBN: 0470393777
Dewey Decimal Number: 332.6780973
EAN: 9780470393772
ASIN: 0470393777

Publication Date: April 6, 2009
Availability: Usually ships in 1-2 business days

Features:
  • ISBN13: 9780470393772
  • Condition: New
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Editorial Reviews:

Product Description

An insightful look at how to protect, save, and grow wealth in difficult economic times

Having an effective financial and personal plan for the future is now more crucial than ever. And with the bestselling The Ultimate Depression Survival Guide now in paperback, you'll quickly learn how to create such a plan. This comprehensive guide was especially designed to help people map out a practical financial plan in this unpredictable economic environment, so that they can stop worrying about their money and just enjoy life.

Step by step, Martin Weiss-America's Consumer Advocate for Financial Safety-introduces, explains, and helps solve many of the new challenges and risks that face millions of Americans. Throughout the book, Weiss provides you with sound strategies for coping with the credit crunch, housing bust, and decline of the U.S. dollar.

  • Discusses different ways to adapt to the realities of continuous market volatility
  • Contains solutions to dealing with sinking real estate or falling stocks
  • Examines the opportunities you'll have to buy choice assets at bargain prices during a depressed economy

The Ultimate Depression Survival Guide also examines important topics that today's investor must be familiar with-including global investing, foreign currencies, and commodities-if they intend to make it through the decade ahead.


Customer Reviews:
Showing reviews 1-5 of 82
1 2 3 4 5 6 ...17Next »



3 out of 5 stars I bought this because of Weiss advertising it so much.   May 19, 2010
Wayne A. Duszczak (Toms River NJ)
I got it read a few pages and now I do not even know where it is. That is how interesting it is. Weiss has my email address so he kept pushing it till I went and bought it. I think a better book would be "How To Survive in The upcoming Bad Times" By Howard Ruff.


1 out of 5 stars Treat the Book as Light Entertainment. As Advice It Could Leave You Broke!   March 5, 2010
Richard A. Lawhern (Fort Mill, SC USA)
6 out of 7 found this review helpful

I have subscribed for several months to Martin Weiss's free Internet newsletter "Money and Markets". Thus I have read many of the ideas brought together in this book. I am amazed so few people bother to research the backgrounds of guys like Martin before plunging headlong into investments that can make them poor.

This is not to say that Mr. Weiss is deliberately defrauding anyone. It is conceivable that, like prominent authors such as Howard J. Ruff and Gary North in 1979-1982, Weiss believes what he writes. Nor am I suggesting that the US economy is in great shape and won't plunge us into another major equities market crash soon. One may accept both premises and still believe Mr. Weiss's advice to be unsound.

Ultimately, the "proof of the pudding" is in the eating. Many of Howard Ruff's followers discovered to their personal woe that the economic world of 1980 wasn't coming to an end in quite the manner that their prophet predicted. Gold did not appreciate to $2,000 per ounce and gold stocks did not provide leverage on this predicted explosion in hard asset values. Silver crashed 90%+ after the Hunt Brothers' effort to corner the silver market failed. Quite a number of Ruff's investors crashed along with their money and investors who follow Weiss could follow a similar trajectory.

Weiss' advice might be assessed from the investment results he has already produced for people who have paid thousands of dollars for his advice. In this context, I suggest that readers investigate the following:

ADMINISTRATIVE PROCEEDING File No. 3-12341 Securities and Exchange Commission, June22, 2006. This proceeding details findings supporting administrative penalties of over $2 million dollars assessed against Mr. Weiss and his associate Larry Edelson. A finding of the Cease and Desist order was "...during the relevant time period, many subscribers who followed each Weiss Research trading recommendation - as Weiss Research encouraged its subscribers to do - experienced overall returns that were substantially lower than Weiss Research's profit examples and most actually lost money." Also pertinent was the finding that Weiss and Edelson acted as Investment Advisers under SEC definitions, at a time when not licensed to do so. You're going to trust these guys to guide your financial future? What are you thinking?

Another source appears to have been written by former investors of Martin Weiss, in the UK. The site features a long-term trading history for investments recommended by Mr. Weiss to his paying clients. This source confirms that Weiss investors have persistently lost money. Search Google for the term "trading and legal history" plus "Martin Weiss".

Recent issues of Weiss Research "Money and Markets" make claims of "guaranteed profits" by applying a type of technical analysis called "cycle theory". This theory is supposedly validated by data analysis of the Foundation for the Study of Cycles, now directed by Richard Mogey. However, multiple online references reveal that the methods of the Foundation have been discredited by legitimate economists since it was chartered under Herbert Hoover. As but one example, the Foundation claims to be able to predict major economic shifts from the study of over 200 years of economic history. Such a claim is foolish to the extreme. The structures and processes of our economy changed radically between any two 50 year periods of that time. Thus there is no underlying cause-and-effect mechanism from which to derive an "economic cycle" that applies to the full period. One might as well be dredging up investment advice from a seance.

Thus to the reader: treat the book as light entertainment. If you act on its advice, you could find yourself poor within a few years.



5 out of 5 stars I think this is Weiss's best book yet   January 25, 2010
AK (Kentucky)
I've read a lot of material from the author as well as tracked his investment website. Over the years he has been one of the "most correct" economist that I track. He has good analysis and I like his philosophy of the markets. This book is pretty much an accumulation of all of his best ideas and recommendations. He doesn't take a "we WILL have a deflationary spiral or we WILL have runaway hyperinflation", he simply gets defensive for either scenario and tries to show you ways to preserve capital. He has a conservative defensive approach that if followed will keep you relatively safe in the stormy seas ahead. I highly recommend this book, it is one of my favorites.


4 out of 5 stars TELLS THE TRUTH ABOUT HOW THINGS ARE   December 23, 2009
Armin S. Majer (USA)
Except for the references back to his dad (he must have loved his dad)which were corny or not revelant, the book strives to tell it like it is without the constant hype you get on CNBC and other networks.
Pay attention to the common sense approach to always be ready in case things go south.



4 out of 5 stars Ultimate Depression Survival Guide   December 10, 2009
William F. Byrd III
0 out of 1 found this review helpful

Have not finished the book yet. It seems to be written at a level I can easily understand. Don't know if I agree with everything that is said but it is a good way to see what is going on.

Showing reviews 1-5 of 82
1 2 3 4 5 6 ...17Next »


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