Title
A Piece Of The Action: How The Middle Class Joined The Money Class
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Now With A New Introduction Describing The Fallout Of Americas Consumer Credit Boom, 1994S Wildly Acclaimed Bestseller A Piece Of The Action Tells The Story Of How Millions Of Middle Class Americans Went From Being Savers To Borrowers And Investors Through The Invention Of Credit Cards, Mutual Funds, And Irasresulting In Profound Societal Change.Tracing The Invention Of Products Like Credit Cards, Mutual Funds, And Individual Retirement Accounts, A Piece Of The Action Tells The Stories Of A Handful Of Men Who Transformed The Way Americans Think About And Deal With Their Money: Men Like Charles Merrill, The Flamboyant Founder Of Merrill Lynch; Peter Lynch, The Investing Guru Who Managed The Fidelity Magellan Fund; And Charles Schwab, Who Transformed His Eponymous Company Into The Nations Biggest Discount Broker. These Innovations Produced A Genuine Revolutionthe Democratization Of Moneyin Which The Middle Class Became Financial Players.Author Joe Noceras 2013 Introduction Describes Where This Revolution Took Those Who Embraced It, That Is, Practically All Of Us. We Have Gone Into Debt, Made Dicey Investments, And Lived Through Many Bursting Bubbles. We Used The Financial Tools We Now Had At Our Disposal To Act On Bets And Dares We Didnt Yet Understand. We Bet On The Internet, Borrowed On Our Homes, And Compromised Our Retirements In Pursuit Of The American Dream.A Piece Of The Action Is An Important Piece Of Financial And Social History, And Noceras 2013 Critique Of The Uses Of The Revolution Is A Powerful Warning And Admonition To Understand What Is At Stake Before We Act.
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- Q: What is the page count of this book? A: This book has four hundred sixty-four pages. It provides a comprehensive exploration of the transformation of America's middle class into financial players.
- Q: What binding does this book have? A: This book is available in paperback binding. This format is lightweight and ideal for casual reading and portability.
- Q: Who is the author of this book? A: The author is Joe Nocera. He is known for his insightful analysis of financial trends and history.
- Q: What category does this book fall under? A: This book falls under the category of Credit Ratings & Repair. It discusses the financial landscape shaped by consumer credit.
- Q: What themes are explored in this book? A: The themes include consumer credit, financial innovation, and societal change. It highlights how these elements transformed the middle class.
- Q: What is the recommended age for reading this book? A: This book is suitable for adults and older teenagers. It contains complex financial concepts that may require a mature understanding.
- Q: How can I use the insights from this book? A: You can apply the insights by understanding consumer credit and financial investments. This knowledge can help you navigate modern financial tools.
- Q: Is this book appropriate for someone new to finance? A: Yes, the book is suitable for beginners. It provides foundational knowledge about credit and investment concepts.
- Q: Can this book help improve my financial literacy? A: Yes, this book can significantly enhance your financial literacy. It provides historical context and practical examples of financial tools.
- Q: How should I store this book? A: Store this book in a dry, cool place, away from direct sunlight. This will help preserve the binding and pages.
- Q: What if my book arrives damaged? A: If your book arrives damaged, contact the seller for a return or replacement. Most sellers have policies for damaged goods.
- Q: How do I clean this book? A: To clean this book, gently wipe the cover with a soft, dry cloth. Avoid using water or cleaning solutions that could damage the paper.
- Q: Is there a warranty for this book? A: Books typically do not come with a warranty. However, check the seller's return policy for options if issues arise.
- Q: Can I return this book if I change my mind? A: Yes, you can usually return the book if you change your mind, depending on the seller's return policy. Ensure to check the specific terms.
- Q: How does this book compare to other finance books? A: This book stands out for its historical perspective on consumer credit. It offers a unique narrative compared to typical finance guides.
- Q: Is this book suitable for academic use? A: Yes, this book is suitable for academic use. Its detailed analysis and historical references make it a valuable resource for finance studies.