Author: Leonard Lowe
Publisher: Think-eBooks
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 303
Book Description
Watches are worthwhile investments. Of course not all watches, but only certain ones, special ones, selected ones. But not so special that you could not just buy them. At least some of them. How to recognize what in this form of investment pays off, this book is all about. Like all luxury goods, a watch must be rare and in demand to rise in value. Therefore, all consumer goods decrease in value – but not luxury goods: Luxury goods are rare, not available, scarce, durable and timeless, thus stable in value and therefore in demand. This book will give you all the details of investing in luxury watches in a nutshell and focused on the crucial information, so once you've read it, you immediately can go and buy your first watch as an investment.
Luxury Watches as Investment
Author: Leonard Lowe
Publisher: Think-eBooks
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 303
Book Description
Watches are worthwhile investments. Of course not all watches, but only certain ones, special ones, selected ones. But not so special that you could not just buy them. At least some of them. How to recognize what in this form of investment pays off, this book is all about. Like all luxury goods, a watch must be rare and in demand to rise in value. Therefore, all consumer goods decrease in value – but not luxury goods: Luxury goods are rare, not available, scarce, durable and timeless, thus stable in value and therefore in demand. This book will give you all the details of investing in luxury watches in a nutshell and focused on the crucial information, so once you've read it, you immediately can go and buy your first watch as an investment.
Publisher: Think-eBooks
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 303
Book Description
Watches are worthwhile investments. Of course not all watches, but only certain ones, special ones, selected ones. But not so special that you could not just buy them. At least some of them. How to recognize what in this form of investment pays off, this book is all about. Like all luxury goods, a watch must be rare and in demand to rise in value. Therefore, all consumer goods decrease in value – but not luxury goods: Luxury goods are rare, not available, scarce, durable and timeless, thus stable in value and therefore in demand. This book will give you all the details of investing in luxury watches in a nutshell and focused on the crucial information, so once you've read it, you immediately can go and buy your first watch as an investment.
Invest in Watches
Author: Marc Montagne
Publisher: Marc Montagne
ISBN: 2970162008
Category : Antiques & Collectibles
Languages : en
Pages : 177
Book Description
The indispensable guide for investing in luxury watches. Build a watch collection that will not only grow in value but also bring joy on the wrist. According to Bloomberg, multiple luxury watches have outperformed vintage cars, Bitcoin and other crypto currencies in 2022. Market prices for some Rolex, Patek Philippe, Vacheron Constantin and Audemars Piguet references have more than doubled over the past two years and auction records keep being set month after month. In the watchmaking industry, knowledge is power and properly navigating this landmine is key to make wise investment decisions. With Invest in Watches: The Art of Watch Collecting you will understand the crucial elements to realize good watch investments by learning what makes a worthy investment, how to properly estimate the value of a watch, how to sell a watch at a profit, what are the costs of owning a watch, how to acquire a watch on a wait list, how to buy at auctions, tips for watch repair and many more including a list of watches (and clocks) to keep on the radar. Not only providing concrete examples of valuable watch investments, Invest in Watches: The Art of Watch Collecting is also a journey in the fascinating world of horology through the eyes of a watch collector whose passion is contagious. Both modern and vintage watches are covered and whether a watch expert or complete beginner, you will discover hundreds of watches to invest in from brands such as Rolex, Patek Philippe, Audemars Piguet, Vacheron Constantin, Cartier, Jaeger-LeCoultre, Omega, Tag Heuer and many more including independent watchmakers. “Investors who earned big returns in tech stocks and crypto currencies are now looking to pre-owned watches as the next hot asset class”. —Bloomberg "A great read and strongly recommended for those interested in taking their luxury watch collecting to the next level and unpacking the booming trading value of select pieces." —Teddy Baldassarre "Don't ask me which watch to buy, just go get the book!" —Andrea Casalegno, IamCasa "Rarely have I been so enthusiastic about a book. It has a clear and understandable structure and is well researched and prepared. You can feel the passion for watches in every line – on every page – beware of the risk of addiction." —Karl Heinz Nuber, Tourbillon Magazine "This book is the perfect guide for understanding how to invest wisely in watches. It's also simply a lot of fun and super interesting to read for anyone who loves watchmaking." —Alex G, editor of madeinbienne.ch Marc Montagne is a watch industry professional and a collector himself. He founded the Toolwatch.io & WatchAuctionHQ.com apps used by over 150’000 watch enthusiasts around the world. Marc also hosts Repetition Minute, France’s first podcast about watches, gathering tens of thousands of monthly listeners. He is also one of the most popular watch writers on Quora, with over 11 million readers.
Publisher: Marc Montagne
ISBN: 2970162008
Category : Antiques & Collectibles
Languages : en
Pages : 177
Book Description
The indispensable guide for investing in luxury watches. Build a watch collection that will not only grow in value but also bring joy on the wrist. According to Bloomberg, multiple luxury watches have outperformed vintage cars, Bitcoin and other crypto currencies in 2022. Market prices for some Rolex, Patek Philippe, Vacheron Constantin and Audemars Piguet references have more than doubled over the past two years and auction records keep being set month after month. In the watchmaking industry, knowledge is power and properly navigating this landmine is key to make wise investment decisions. With Invest in Watches: The Art of Watch Collecting you will understand the crucial elements to realize good watch investments by learning what makes a worthy investment, how to properly estimate the value of a watch, how to sell a watch at a profit, what are the costs of owning a watch, how to acquire a watch on a wait list, how to buy at auctions, tips for watch repair and many more including a list of watches (and clocks) to keep on the radar. Not only providing concrete examples of valuable watch investments, Invest in Watches: The Art of Watch Collecting is also a journey in the fascinating world of horology through the eyes of a watch collector whose passion is contagious. Both modern and vintage watches are covered and whether a watch expert or complete beginner, you will discover hundreds of watches to invest in from brands such as Rolex, Patek Philippe, Audemars Piguet, Vacheron Constantin, Cartier, Jaeger-LeCoultre, Omega, Tag Heuer and many more including independent watchmakers. “Investors who earned big returns in tech stocks and crypto currencies are now looking to pre-owned watches as the next hot asset class”. —Bloomberg "A great read and strongly recommended for those interested in taking their luxury watch collecting to the next level and unpacking the booming trading value of select pieces." —Teddy Baldassarre "Don't ask me which watch to buy, just go get the book!" —Andrea Casalegno, IamCasa "Rarely have I been so enthusiastic about a book. It has a clear and understandable structure and is well researched and prepared. You can feel the passion for watches in every line – on every page – beware of the risk of addiction." —Karl Heinz Nuber, Tourbillon Magazine "This book is the perfect guide for understanding how to invest wisely in watches. It's also simply a lot of fun and super interesting to read for anyone who loves watchmaking." —Alex G, editor of madeinbienne.ch Marc Montagne is a watch industry professional and a collector himself. He founded the Toolwatch.io & WatchAuctionHQ.com apps used by over 150’000 watch enthusiasts around the world. Marc also hosts Repetition Minute, France’s first podcast about watches, gathering tens of thousands of monthly listeners. He is also one of the most popular watch writers on Quora, with over 11 million readers.
Investing in Wristwatches
Author: Mara Cappelletti
Publisher: Acc Art Books
ISBN: 9781788841245
Category :
Languages : en
Pages : 336
Book Description
- An important new reference for all Rolex lovers and collectors - Written by experts Osvaldo Patrizzi and Mara Cappelletti and introduced by the Chairman of Sotheby's International Watch Division, Daryn F. Schnipper - 385 key models, with analysis of details and prices realized at auction - Contains a history of luxury wristwatch auctions and relevant information for collectors looking to invest - The first part of a series, with Investing in Wristwatches: Patek Philippe to follow Why do we collect? For some, it is a pursuit of pure passion - those who appreciate the wristwatch as an artform: the intricacy of its mechanics, the finesse of its form. Yet for others, collecting is an investment, and a watch's value is of as much importance as its appearance. All collectors ought to have a guide to models and market value. Investing in Wristwatches: Rolex offers detailed insights into the world of authenticating and pricing high-value wristwatches, which will be of use to collectors from amateur to connoisseur. This publication includes the vast majority of key Rolex models, along with their relevant auction results. The timepieces featured have been carefully selected by Senior Horological Expert, Osvaldo Patrizzi. These wristwatches excel for a diverse range of reasons, including technical excellence, auction records, design and anecdotal history. A description of each watch is accompanied by its picture, reference and sales values (rights included). A comparative analysis of auction results, compiled through close collaboration with the Sotheby's auction house, shows, by brand and timepiece, the evolution of prices over time, leading from the Eighties up to the present day. A system to calculate the currency exchange rate at the time of auction sales will also be included in this vital work of reference.
Publisher: Acc Art Books
ISBN: 9781788841245
Category :
Languages : en
Pages : 336
Book Description
- An important new reference for all Rolex lovers and collectors - Written by experts Osvaldo Patrizzi and Mara Cappelletti and introduced by the Chairman of Sotheby's International Watch Division, Daryn F. Schnipper - 385 key models, with analysis of details and prices realized at auction - Contains a history of luxury wristwatch auctions and relevant information for collectors looking to invest - The first part of a series, with Investing in Wristwatches: Patek Philippe to follow Why do we collect? For some, it is a pursuit of pure passion - those who appreciate the wristwatch as an artform: the intricacy of its mechanics, the finesse of its form. Yet for others, collecting is an investment, and a watch's value is of as much importance as its appearance. All collectors ought to have a guide to models and market value. Investing in Wristwatches: Rolex offers detailed insights into the world of authenticating and pricing high-value wristwatches, which will be of use to collectors from amateur to connoisseur. This publication includes the vast majority of key Rolex models, along with their relevant auction results. The timepieces featured have been carefully selected by Senior Horological Expert, Osvaldo Patrizzi. These wristwatches excel for a diverse range of reasons, including technical excellence, auction records, design and anecdotal history. A description of each watch is accompanied by its picture, reference and sales values (rights included). A comparative analysis of auction results, compiled through close collaboration with the Sotheby's auction house, shows, by brand and timepiece, the evolution of prices over time, leading from the Eighties up to the present day. A system to calculate the currency exchange rate at the time of auction sales will also be included in this vital work of reference.
The Old Money Book - 2nd Edition
Author: Byron Tully
Publisher:
ISBN: 9781950118137
Category :
Languages : en
Pages : 210
Book Description
The Old Money Book details how anyone from any background can adopt the values, priorities, and habits of America's Upper Class in order to live a richer life. Expanded and updated for a post-pandemic world.
Publisher:
ISBN: 9781950118137
Category :
Languages : en
Pages : 210
Book Description
The Old Money Book details how anyone from any background can adopt the values, priorities, and habits of America's Upper Class in order to live a richer life. Expanded and updated for a post-pandemic world.
Patek Philippe
Author: J. Michael Mehltretter
Publisher: Schiffer Publishing
ISBN: 9780764342134
Category : Antiques & Collectibles
Languages : en
Pages : 0
Book Description
"The distinctive watches from Patek Philippe are among the finer things of this world. Long valued for their precision and elegance, here they are appreciated as well for their financial value and its potential for growth. This book serves as a guide for watch collectors and investors alike."--Jacket.
Publisher: Schiffer Publishing
ISBN: 9780764342134
Category : Antiques & Collectibles
Languages : en
Pages : 0
Book Description
"The distinctive watches from Patek Philippe are among the finer things of this world. Long valued for their precision and elegance, here they are appreciated as well for their financial value and its potential for growth. This book serves as a guide for watch collectors and investors alike."--Jacket.
The Aggressive Conservative Investor
Author: Martin J. Whitman
Publisher: John Wiley & Sons
ISBN: 1118046374
Category : Business & Economics
Languages : en
Pages : 486
Book Description
"The Aggressive Conservative Investor will never go out of date. Regulation, disclosure, and other things may change, but the general approach and mindset to successful investing are timeless. Read this book and you will learn the rudiments of 'safe and cheap' investing. An essential read for every amateur and professional investor." --Stan Garstka, Deputy Dean & Professor in the Practice of Faculty & Management, Yale School of Management "Security analysis toward both better odds and higher long-term payoff: A readable, authoritative guide." --Professor Bill Baumol, New York University "In reading this book, one is struck by the simplicity of the ideas and the dependence of the investor on his own understandings of reality as opposed to the myths on the street. The updated version of this 1979 classic incorporates all the modern financial engineering that has occurred as a product of the late 20th century, and the new methodologies refine your abilities to measure risk but don't change the fundamentals of value. The updated version of The Aggressive Conservative Investor is very much a value-added proposition." --Sam Zell, Chairman, Equity Group Investment LLC "I concur with those people who regard Marty Whitman as the 'Dean of Value Investing.' This book is a must-read for everyone interested in understanding the art of investing." --Melvin T. Stith, Dean, Whitman School of Management, Syracuse University This no-holds-barred presentation of one of the most successful investment strategies of all time -- value investing in distressed securities/companie -- shows you how to analyze and evaluate stocks just like controlling owners. Based on the assumption that stock price rarely reflects real value, authors Whitman and Shubik use numerous case studies to present risk-minimizing methods that also provide high rewards. Still relevant today, this classic work includes a new introduction discussing the dramatic changes that have taken place in the value investing world since its first publication in 1979.
Publisher: John Wiley & Sons
ISBN: 1118046374
Category : Business & Economics
Languages : en
Pages : 486
Book Description
"The Aggressive Conservative Investor will never go out of date. Regulation, disclosure, and other things may change, but the general approach and mindset to successful investing are timeless. Read this book and you will learn the rudiments of 'safe and cheap' investing. An essential read for every amateur and professional investor." --Stan Garstka, Deputy Dean & Professor in the Practice of Faculty & Management, Yale School of Management "Security analysis toward both better odds and higher long-term payoff: A readable, authoritative guide." --Professor Bill Baumol, New York University "In reading this book, one is struck by the simplicity of the ideas and the dependence of the investor on his own understandings of reality as opposed to the myths on the street. The updated version of this 1979 classic incorporates all the modern financial engineering that has occurred as a product of the late 20th century, and the new methodologies refine your abilities to measure risk but don't change the fundamentals of value. The updated version of The Aggressive Conservative Investor is very much a value-added proposition." --Sam Zell, Chairman, Equity Group Investment LLC "I concur with those people who regard Marty Whitman as the 'Dean of Value Investing.' This book is a must-read for everyone interested in understanding the art of investing." --Melvin T. Stith, Dean, Whitman School of Management, Syracuse University This no-holds-barred presentation of one of the most successful investment strategies of all time -- value investing in distressed securities/companie -- shows you how to analyze and evaluate stocks just like controlling owners. Based on the assumption that stock price rarely reflects real value, authors Whitman and Shubik use numerous case studies to present risk-minimizing methods that also provide high rewards. Still relevant today, this classic work includes a new introduction discussing the dramatic changes that have taken place in the value investing world since its first publication in 1979.
The Book of Rolex
Author: J. Hoy
Publisher: Acc Art Books
ISBN: 9781788840231
Category : Wrist watches
Languages : en
Pages : 0
Book Description
- An exhaustive appraisal of the Rolex watch, including studies of vintage models, current designs and special editions- Learn how to spot fakes using the same clues as the experts- Invaluable to any watch-lover, especially aspiring Rolex collectorsHorological trends flit by faster than ever in today's fast-paced society. But Rolex does not rely on gimmicks; theirs is a more perennial allure, with a reputation built on traditions and hard-earned skill. A company that innovates while paying homage to their roots, every Rolex is the cumulation of centuries of watchmaking expertise. Within this book you will find explanations of the making process, descriptions of the materials involved and expert commentary on what makes each Rolex wristwatch unique. The Book of Rolex demonstrates how each model fits its social milieu, present and past. It also addresses the multitude of fakes on the market, including the so-called 'Frankensteins' - watches made from a mixture of real parts and forgeries, which are notoriously hard to spot - imparting all the skills needed to pick counterfeits out of a line-up. A holistic view of Rolex watches, this book promises to be as timeless as the brand itself. Should you be considering a Rolex, this book will convince you of its worth as an investment.
Publisher: Acc Art Books
ISBN: 9781788840231
Category : Wrist watches
Languages : en
Pages : 0
Book Description
- An exhaustive appraisal of the Rolex watch, including studies of vintage models, current designs and special editions- Learn how to spot fakes using the same clues as the experts- Invaluable to any watch-lover, especially aspiring Rolex collectorsHorological trends flit by faster than ever in today's fast-paced society. But Rolex does not rely on gimmicks; theirs is a more perennial allure, with a reputation built on traditions and hard-earned skill. A company that innovates while paying homage to their roots, every Rolex is the cumulation of centuries of watchmaking expertise. Within this book you will find explanations of the making process, descriptions of the materials involved and expert commentary on what makes each Rolex wristwatch unique. The Book of Rolex demonstrates how each model fits its social milieu, present and past. It also addresses the multitude of fakes on the market, including the so-called 'Frankensteins' - watches made from a mixture of real parts and forgeries, which are notoriously hard to spot - imparting all the skills needed to pick counterfeits out of a line-up. A holistic view of Rolex watches, this book promises to be as timeless as the brand itself. Should you be considering a Rolex, this book will convince you of its worth as an investment.
Rolex Day-Date
Author: Guido Mondani
Publisher: Guido Mondani Editore e Ass
ISBN:
Category :
Languages : en
Pages : 13
Book Description
PRESENTATION: ROLEX DAY-DATE, THE “PRESIDENT’S WATCH” The Rolex Day-Date is the first wristwatch which indicates the date and the day of the week. In 1956 Rolex presents one of its most successful and most popular watches ever: the Day-Date,. This model is one of the world’s most famous Rolex watches; classic, beautiful, functional, useful and elegant. In 2008 a new chapter of this watch, the Day-date II (ø 41 mm) and in 2015 the new Day-Date 40. Known as “President’s Watch”, this Rolex Day-Date has characterized and influenced the history of horology with developments and innovations during the years.With high definition unreleased images, technical details, dials variants, history and updated price of every model, this book analyses every reference from 1956 until today. TOPICS In this book the authors examine calibers, dials, cases, bracelets and many more components of every model. You’ll find all dials with their variants of color (Stella dial) and material(lapis lazuli, root wood, meteorite, etc). Furthermore: the first Rolex Day-Date, 1800 series, “pie-pan” dials, 18000 series, personalized dials, special series, vintage advertisements, box, papers, Oysterquartz Day-Date, 18200 and 18300 series,Day-Date II, Day-Date 40 and much more. We can read from an official Rolex document: « THE BIRTH OF THE “DATEJUST” AND THE “DAY-DATE” Not satisfied with having realized a selfwinding waterproof watch, we decided to dedicate ourselves to studying the calendar watch. This is how the “Datejust”, which clearly indicates the date on the dial in a small aperture with a Cyclops lens which enlarges it so as tomake it easier to read, was born. The next stage was the launch of the “Day-Date”, a perfected model which also indicates, with letters, the days of the week. The day and the date automatically change every evening at midnight. » These are the words of Roger Federer, a living tennis legend, about his Day-Date II: “The reason I like my Day-Date so much is because it is a legendary watch, elegant but with a certain spirit, with a touch ofmodernity added to its stylish black dial”.
Publisher: Guido Mondani Editore e Ass
ISBN:
Category :
Languages : en
Pages : 13
Book Description
PRESENTATION: ROLEX DAY-DATE, THE “PRESIDENT’S WATCH” The Rolex Day-Date is the first wristwatch which indicates the date and the day of the week. In 1956 Rolex presents one of its most successful and most popular watches ever: the Day-Date,. This model is one of the world’s most famous Rolex watches; classic, beautiful, functional, useful and elegant. In 2008 a new chapter of this watch, the Day-date II (ø 41 mm) and in 2015 the new Day-Date 40. Known as “President’s Watch”, this Rolex Day-Date has characterized and influenced the history of horology with developments and innovations during the years.With high definition unreleased images, technical details, dials variants, history and updated price of every model, this book analyses every reference from 1956 until today. TOPICS In this book the authors examine calibers, dials, cases, bracelets and many more components of every model. You’ll find all dials with their variants of color (Stella dial) and material(lapis lazuli, root wood, meteorite, etc). Furthermore: the first Rolex Day-Date, 1800 series, “pie-pan” dials, 18000 series, personalized dials, special series, vintage advertisements, box, papers, Oysterquartz Day-Date, 18200 and 18300 series,Day-Date II, Day-Date 40 and much more. We can read from an official Rolex document: « THE BIRTH OF THE “DATEJUST” AND THE “DAY-DATE” Not satisfied with having realized a selfwinding waterproof watch, we decided to dedicate ourselves to studying the calendar watch. This is how the “Datejust”, which clearly indicates the date on the dial in a small aperture with a Cyclops lens which enlarges it so as tomake it easier to read, was born. The next stage was the launch of the “Day-Date”, a perfected model which also indicates, with letters, the days of the week. The day and the date automatically change every evening at midnight. » These are the words of Roger Federer, a living tennis legend, about his Day-Date II: “The reason I like my Day-Date so much is because it is a legendary watch, elegant but with a certain spirit, with a touch ofmodernity added to its stylish black dial”.
Worlds Most Expensive Watches
Author: Ariel Adams
Publisher: Acc Art Books
ISBN: 9781851497546
Category : Luxuries
Languages : en
Pages : 0
Book Description
More than a fashion accessory or means to tell the time, the wristwatch has become a statement of identity; politician or celebrity, scientist or sportsman, what you choose to wear on your wrist speaks volumes about who you are. The World's Most Expensive Watches presents some of the most extravagant, intricate, collectible, decadent, or just plain interesting modern-day timepieces that sit at the top of the price spectrum. Starting at a threshold price of about $200,000, it is a trip through the last decade or so of watches whose values soar incredibly to prices of $5 million dollars or more. Additionally, there is a selection of notable watches that yielded extremely high prices at auction - many of which are historically relevant. A stunning collection that is both informative and entertaining; with detailed descriptions of individual watches and articles that usefully deconstruct the price tag with an explanation of the relevance of craftsmanship and complexity of design, as well as the importance of exclusivity, prestige and collectibility. Prepare to be impressed by a larger-than-life-look at some relatively small items that command not only huge prices but kudos and respect, in all areas of a global society fascinated with using accessorizing to create identity.
Publisher: Acc Art Books
ISBN: 9781851497546
Category : Luxuries
Languages : en
Pages : 0
Book Description
More than a fashion accessory or means to tell the time, the wristwatch has become a statement of identity; politician or celebrity, scientist or sportsman, what you choose to wear on your wrist speaks volumes about who you are. The World's Most Expensive Watches presents some of the most extravagant, intricate, collectible, decadent, or just plain interesting modern-day timepieces that sit at the top of the price spectrum. Starting at a threshold price of about $200,000, it is a trip through the last decade or so of watches whose values soar incredibly to prices of $5 million dollars or more. Additionally, there is a selection of notable watches that yielded extremely high prices at auction - many of which are historically relevant. A stunning collection that is both informative and entertaining; with detailed descriptions of individual watches and articles that usefully deconstruct the price tag with an explanation of the relevance of craftsmanship and complexity of design, as well as the importance of exclusivity, prestige and collectibility. Prepare to be impressed by a larger-than-life-look at some relatively small items that command not only huge prices but kudos and respect, in all areas of a global society fascinated with using accessorizing to create identity.
Fail-Safe Investing
Author: Harry Browne
Publisher: Macmillan + ORM
ISBN: 0312268327
Category : Business & Economics
Languages : en
Pages : 188
Book Description
Do you worry that you're not paying enough attention to your investments? Do you feel left out when you hear about the clever things other investors seem to be doing? Relax. You don't have to become an investment genius to protect your savings. Distilling the wisdom of his thirty years' experience into lessons that can be applied in thirty minutes, Harry Browne shows you what you need to know to make your savings and investments safe and profitable, no matter what the economy and the investment markets do. There are no secret trading systems here, no jargon to learn. Instead, Harry Browne teaches you in simple terms to, among other things: -Build your wealth on your career -Make your own decisions -Build a bulletproof portfolio for protection -Take advantage of tax-reduction plans -Enjoy yourself with a budget for pleasure
Publisher: Macmillan + ORM
ISBN: 0312268327
Category : Business & Economics
Languages : en
Pages : 188
Book Description
Do you worry that you're not paying enough attention to your investments? Do you feel left out when you hear about the clever things other investors seem to be doing? Relax. You don't have to become an investment genius to protect your savings. Distilling the wisdom of his thirty years' experience into lessons that can be applied in thirty minutes, Harry Browne shows you what you need to know to make your savings and investments safe and profitable, no matter what the economy and the investment markets do. There are no secret trading systems here, no jargon to learn. Instead, Harry Browne teaches you in simple terms to, among other things: -Build your wealth on your career -Make your own decisions -Build a bulletproof portfolio for protection -Take advantage of tax-reduction plans -Enjoy yourself with a budget for pleasure