'The Story of Rich' aims to help us manage our riches

Published: Thursday, October 18, 2012 at 16:00 PM.

"One was too conservative and the other too aggressive," explained Joyce.

And his third example is of Mrs. Sharpwell, who invested wisely and did well even though she didn't have a well-paying job.

"Investing wisely is about balanced investing," he said.

Joyce said he uses the stories in the book of fictional people and what they choose to do with their money as examples for readers of what can happen if too much risk is taken, or if no risk is taken.

"Runners learn to keep an even pace, and it's the same with portfolios," he said.

And if you're a wine drinker, Joyce added two chapters about Rich and Peg's trip to Sonoma wine country where they learn of allocation, and that the ultimate blend comes from large, mid and small vineyards and companies.

The fables or stories in the book appear in a running narrative as a clever approach to chapter messages spanning multiple phases of life's journey. The thread throughout is the Vivas and the characters they encounter.



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