John Girouard - The Money Mythbuster

Contact / Press

John E. Girouard


	4800 Montgomery Lane, M-25
	Bethesda, MD 20814

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	240.482.4000

Looking for a contrarian point of view for your story on the mortgage crisis, the stock market, retirement and saving issues, the predatory practices of Wall Street? Want a fresh point of view (op-ed or for quote) on why banks are often the worst place to keep your money, or why most types of insurance are bad bets? Want a source willing to "call out" the bad advice of self-proclaimed gurus like Suze Orman? John Girouard has strong opinions based on common sense on these and many other aspects of money and investment advice. Your readers and viewers will find his ideas provocative and useful.

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Press Information

Source: US News & World Report, "6 Ways to Recession-proof Your Portfolio," Sept 6, 2007

"Divide your portfolio into tiers. John Girouard, author of The Ten Truths of Wealth Creation, suggests dividing your money into three groups, depending on how soon you need it. The size of each one will vary by person, depending on financial goals and age. The first group should be in investments protected from market instability, such as money market funds and savings accounts, which pay around 4 to 5 percent a year. That money is available for immediate spending. The second, which contains money you plan to use after five years, should be divided relatively evenly into stocks and bonds. And the third, which you plan to use after 10 years, should consist mostly of stocks. "You've got to layer your investment portfolio," he says, to make sure the money you need tomorrow isn't threatened by market cycles."