The Top 10 Investments for the Next 10 Years: BigIdeas, MoneyFountains and Your Path to Prosperity
By Jim Mellon and Al Chalabi
To be published by Capstone on 5th February 2008
How am I going to pay for my future once my working years are over?
The fact that we’re all living longer is an undeniable trend and the massive shortfalls in state pension schemes have largely been ignored by governments. The prospect of living off our own savings for 20 – 30 years without a salary or a state pension of any real worth is a daunting one.
Jim Mellon and Al Chalabi provide us with a timely, practical reminder that it’s never too late to start investing for tomorrow. In The Top 10 Investments for the Next 10 Years they demystify the process of investment and show you that it isn’t complex once you’ve learnt to step back from the daily mayhem and noise of the stock and bond markets. The trick, they reveal, is to look at the big picture, at what is really going on in the world and to think long term.
Mellon and Chalabi share their BigIdeas which will help ensure that people invest wisely in the coming decade:
• Real Estate – can the hot housing markets really continue to generate 20% annual increases?
• Stocks & Mutual Funds – the hardest of all investment classes to operate in, so where are the opportunities?
• Bonds & Cash – not as boring as you may think, and with the capacity to make you a lot of money!
• The ‘BRIC’ Economies – how do the emerging economies of Brazil, Russia, India and China stack up against the four key determinates of growth?
• Commodities & Collectables – the five reasons why commodities are an investment vehicle set to grow and grow
• ‘Green’ Investments –turning the challenges of green and eco-needs into monetary returns on investment.
Given a bit of strategic thinking and proper planning these BigIdeas can turn into MoneyFountains, meaning your financial worries for the future are over before they’ve begun. Mellon and Chalabi have created a DiagnosticGrid to help you create your own plan to achieve financial security.
Read a sample chapter
Listen to Jim's views on the British property market - he predicts a gradual decline of 20 - 40 % from peak value, depending on where you live.
About the Authors:
Jim Mellon is an investor with interests in several industries. After leaving Oxford in 1979, where he studied PPE, he worked in Asia and the United States in two fund management companies, GT and Thornton, before establishing his own business in 1991. This now has two components – a listed fund management company - Charlemagne Capital - and an Asian mining group, Regent Pacific. In addition, Jim is the controlling shareholder and a director of Conister Trust, an Isle of Man based bank, Speymill Group, a property business, and Betinternet. He is a co-founder of Uramin and Red Dragon Resources, both listed mining groups. Burnbrae, his private company, is a substantial landlord in Germany and in the Isle of Man, and also owns the hotel chain Sleepwell Hotels. Jim spends most of his time working on startup ideas and on investing. He lives in the Isle of Man and Ibiza.
Al Chalabi is a business consultant, entrepreneur and author who has been based in Asia for eleven years and has extensive experience of developing economies. He assists corporations establish and grow their operations in Asia, particularly in emerging economies like China. He has a bachelor's degree in Aerospace Engineering and an MBA in Finance & Management. Originally from Iraq, Al grew up in the UK after his family moved there when he was a young child. Al has also lived in Canada, France and the United States and currently lives in Hong Kong.
In 2006, Jim and Al wrote Wake Up! Survive and Prosper in the Coming Economic Turmoil, also available from Capstone.
*** Jim and Al are available for interview and will be in London on 5 – 6 February 2008 ***
The authors will be speaking at Said Business School, Oxford on 6th February - to attend, please register at SBS/Mellon
To arrange an interview, request a review copy or for further information, please contact Julia Lampam
For US queries, please contact Dottie DeHart of DeHart & Company
978-1-841-12802-3, £14.99 Hardback
To buy the book, click here.
