The Four Horsemen of the Investor Apocalypse by Robert J. Klosterman, CFP, is a book every investor should read and learn about four of the deadliest obstacles to investors’ success in their efforts to preserve wealth and sustain growth over the long term. weather. The book is aptly subtitled “The Four Evils That Will Crush Your Portfolio and How to Fight Them,” because the four hurdles Klosterman details have often thrown investors’ best plans horribly off track.

What are these four horses? In a nutshell, they are inflation, volatility, groupthink, and global shifts and transformations. Any one of them can be disastrous for investors’ portfolios, and if any of them act in combination, a potentially bad situation can get much worse.

The astute author of The Four Horsemen of the Investor’s Apocalypse goes into detail about how each of the four horsemen can derail what might appear, on the surface, to be reasonably sound investment strategies. The good news is that Klosterman offers suggestions on how to deal with and overcome the evil, deceptive, and threatening forces that might otherwise ravage the landscape of what investors might perceive as carefully manicured gardens of future wealth and income.

In easy-to-understand chapters that are short and to the point, Klosterman recounts anecdotes, provides spreadsheets and charts, and gives readers of his helpful, informative guide access to his four decades of knowledge and experience as a financial planner. While nothing is ever 100 percent guaranteed, Klosterman’s book is a good reference for raising awareness in the minds of investors about why seemingly wise investment strategies may not be as sound as they might think, when analyzed. more closely, and is a guide to ways to avoid falling prey to the four horsemen and have a better chance of succeeding in the world of investing.

Klosterman cautions readers that the book is not for people interested in “get-rich-quick” schemes. It is for people who want to “preserve the wealth they have.” “standard of living.” It is also intended to help investors find the right people to help them do this, and addresses key issues investors need to consider when trying to achieve their goals.

The first chapter of The Four Horsemen of the Investor Apocalypse it’s called “General Rules and Other Urban Myths.” From the beginning of Klosterman’s book, he delves into certain beliefs held by many investors and explains why they shouldn’t always be believed. He writes that “most of us will take the easy way out”, when given a choice; But, for people who have been investing for the long term for several years, wise investors have realized that the supposed “easy” way or answer often “has hidden costs and consequences.”

Right off the bat, Klosterman discusses the first of the four horsemen, inflation, and how it sometimes relates to what many people consider a “rule of thumb” when investing, that is, the percentage a person has invested in stocks should be 100. – Person’s Age = Percentage in Stock. That may sound wise or sensible, but as Klosterman writes, this 100-year rule “ignores the impact of inflation over time.” Because of this, investors are left with no protection against the first of the four horsemen, inflation.

The Four Horsemen of the Investor Apocalypse by Robert J. Klosterman is an invaluable resource guide for increasing investor awareness of each of the four horsemen most often responsible for stalking the wealth investors already have. Instead, she goes into methods of defeating the horsemen and maintaining and growing the wealth of the investors in even larger nest eggs. Klosterman’s book is a must-read for anyone interested in avoiding some of the many pitfalls investors face and ensuring that the four horses have as little impact on their investments as possible.