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Trump Praises New Book Aimed at Helping Investors

Whether rebuilding a devastated nest egg or capitalizing on the next economic bubble, rookies or sophisticated investors alike will benefit from The Big Gamble: Are You Investing or Speculating It'ss a new book that Donald Trump, no stranger to the world of finance, has called a great read.

A unique feature of the 200-page book is a companion website, www.financialspeculation.com, where readers can get on the fly book updates as global economic conditions change, and engage in an ongoing dialog with the authors.

The first mistake people make when dealing with financial decisions, Trump says, is to confuse investment with speculation, and speculation with outright gambling. It'ss a problem echoed by the book'ss co-authors, financial gurus Jose Roncal and Jose Abbo, who have over 40 years of combined experience in the capital markets.

You are never really 'splaying it safe,'s says Miami-based Roncal, in blaming Wall Street and the investment community for misleading the public with confusing jargon. Real estate is a perfect example, he says, where a so-called investment is actually speculation.

Roncal'ss book, just released in both hardcover and paperback editions, explains the difference -- and how best to protect your 401(k) or investment portfolio against devastating losses.Sophisticated investors will benefit from insight on identifying economic bubbles when they are forming, in order to capitalize on them.

As part of that exploration, the book details the characteristics of economic bubbles, beginning with Tulipmania, in 17th century Holland. At the time a single exotic bulb traded for the price of an average single family house.

The Big Gamble is now available at www.amazon.com and other online bookstores. Note to editors: Call or email for a review copy or to arrange an author interview.

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