Customer Reviews

Becoming an Investor: Building Wealth by Investing in Stocks, Bonds, and Mutual Funds

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Hupalo gives you simple (good) advice to manage your money.

The book is very balanced and it is aimed mainly to the educated general public. You will need only some simple algebra to understand his few valuation formulas.

He writes basically about common stocks and has a chapter discussing bonds. But do not expect market timing methods. It is more directed to Investing than to Trading.

Conclusion: A good place to begin learning how to manage your money. To good sense people.

Only available in paperback, no fancy artwork on the cover, no glowing reviews by a big time newspaper publisher, no forward by a prestigious luminary, even the editing is second rate. In a word, this is a rough book.

However, when it comes to content, this book is loaded as the author does not include a lot of fluff or selfish stories about himself. However, the author is obviously very well read, because he includes numerous references to plently of other investing books. Some may conclude it's a value investing book, but growth investing is covered as well.

So, what this book presents is a careful and comprehensive distillation of just about everything commonly available on the subject of investing. Also included are numerous clever stories which illustrate important investment truths and strategies and a recognition that a lot of what the mass media presents is almost worthless for somebody wishing to become an investor.

This excellent book is highly commended to anyone who is truly serious about investing. Peter Hupalo is a consultant and frequent columnist on money and entrepreneurship matters. With clear and convincing data to support him, Mr. Hupalo debunks many of the myths Wall Street pushes on the investing public. Author demonstrates the futility of trying to "beat the market", whether through stock picking and market timing or by following mutual funds that have shown high levels of performance in the past. After he makes a convincing case for trying to meet, rather than beat the market. Thus, Mr. Hupalo advocates investing in a diversified basket of mutual funds. The chapter on investing during retirement is particularly insightful.

Whether or not one ultimately agrees with Mr. Hupalo's point of view, "Becoming An Investor: Building Wealth By Investing In Stocks, Bonds, And Mutual Funds" is a book, which deserves attention. Anyone wishing to base his/her investment decisions on solid methodology needs to read this book. You will have a much clearer understanding of markets, and your investment decisions will be firmly rooted in proven soil.

I highly recommend this book for everyone.

Alexander Petrochenkov

Becoming An Investor: Building Wealth By Investing In Stocks, Bonds, And Mutual Funds is a straightforward primer to the basics of conservative financial investment specifically written for the novice investor seeking to establish a profitable portfolio. From evaluating risks and ratios to diversifying to improve one's margin of safety, just about everything a beginning investor must know is included. For anyone considering putting their money to work for them, Becoming An Investor is urgently recommended, essential reading for participants in today's volatile stock and bond markets in order to help them to make the most of their risk-calculated investment activities.