Customer Reviews

1001 Financial Words You Need to Know

5 star:		(1)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(1)

 

 

I was a fan of David Bach and his financial perspective, but after anxiously awaiting this book's arrival I was sorely disappointed. It's a dictionary plain and simple with a couple of excerpts from his best-selling books. This does not help explain these financial terms, although I know this isn't true, most people should know 99% of the terms. The other 1% are for people involved in corporate takeovers (and I doubt they are the target audience.) This is a rip off and condescending. I know ATM stands for Automatic Teller Machine and I don't need to know the words orgin. I expected to gain a more well-rounded knowledge of how to apply these terms in my own life, more situational stories. It is simply a dictionary with no discernable use.

David Bach's writing style is clear, direct and informative. I thought this book delivered exactly what the title represented plus a little more. I refer to it frequently while reading other investment books. I also found his lists of money mistakes people make and the steps for retirement planning helpful. If you are new to investing and looking for a reference book, this is the best I've found.

The book provided basic terminalogy. I found an explanation of abb. very helpful. Many of the terms with which I was already familiar became much clearer in definition.