Close the Gap & Get Your Share

Book excerpt: For immigrants, their descendants, and anyone else looking to learn the unbiased truth about investing, Close the Gap & Get Your Share is a step-by-step guide to generating and passing on wealth in the US. Despite the American Dream’s promises of prosperity and security, many immigrants still discover a seemingly insurmountable wealth gap upon their arrival to the United States. From Dr. Julio Cacho, Cole Conkling, and Juan Carlos Herrera, managing directors of Inscription Capital, Close the Gap & Get Your Share is a crucial resource that explains US-based investing in a way that makes sense to immigrants (as well as novice investors) and allows them to attain financial prosperity—without jeopardizing their families’ existing resources. This book does away with the usual Wall Street practice of overcomplicating investment advice in favor of fact-based, straightforward strategies that put the reader’s financial well-being first. Drawing on the authors’ combined four decades of investment experience, Close the Gap & Get Your Share teaches immigrants and their families how to: • Overcome hidden and unnecessary risks common for immigrants and novice investors • Invest in practice, including how to properly balance risk and return • Recognize and understand behavioral biases and overcome them to achieve long-term financial security For all generations of immigrants and non-immigrants alike motivated to grow their wealth and pass it on, Close the Gap & Get Your Share is a robust guide to closing the ever-growing wealth gap with accessible and distilled financial literacy and strategy.