51 of 53 people found the following review helpful
4.0 out of 5 stars pretty much exactly what I wanted
If you're like me and have been blissfully ignorant about retirement accounts beyond putting money in them and choosing mutual funds based on the criteria you feel like at the moment, it's a really good primer. I already knew or had a vague idea of the basics, but it was good to read about them in a short, clear, format that was easy to understand.
The (kind of...
Published 20 months ago by muroo
43 of 62 people found the following review helpful
1.0 out of 5 stars Not based in reality
Lesson #1 "The miracle of compound interest" shows a hypothetical investment return scenario of a $1000 investment returning 8%. I had to double check the copyright to make sure it wasn't 1999 because that's the last time the overall market return 8% for an extended period of time. I wonder if this author has heard about the "lost decade for stocks?" "The new normal?"...
Published 19 months ago by ttoscano
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2 of 3 people found the following review helpful
5.0 out of 5 stars Read "A Beginner's Guide to Investing",
This review is from: A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way (Kindle Edition)A wealth of information presented in easy to read format. Nicely presented for beginners to understand. Good enhancer and refresher for the experienced.
3.0 out of 5 stars Good Beginner Basics.,
This review is from: A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way (Paperback)Very very basic, but if you are investment-challenged, like me, this gives you the foundation information you know to at least make a start towards planning out your future investments. This is exactly what I needed, written in a way I could understand. Now I feel capable of dipping my toes in the investment pool! Very good beginner book. If you know ANYTHING about investing, move up a step, as this will be too basic.
5.0 out of 5 stars You must read this guide before you invest $1,
This review is from: A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way (Kindle Edition)If like me you are beginning to think about investing for your future resd this book. The author will open your ideas about how to invest, why to invest and tools for investing. It is one of the most informative books I've read while trying to prepare myself to be more involved in my investments. This is a common sense approach to how to invest. Very easy to read and digest. Enjoy
5.0 out of 5 stars Wish I'd read this years ago when I was first starting...,
This review is from: A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way (Kindle Edition)Clear, concise, helpful... great price... WOW. This is the book I wish I'd read a while ago.
If you're trying to wade through the sea of personal finance and investing books out there, here's some info on what this book IS and ISN'T:
This book is NOT:
--Personal finance oriented. This is NOT the book for things about budgeting, loans, taxes, real estate, etc. Some of this book DOES talk about retirement accounts (and in conjunction with taxes), but overall, this is a book about investing (as the title says) and not personal finance.
--A thorough primer on the intricacies of the stock market. It assumes you have a very basic knowledge of investing/stock market concepts. You don't need much to start, just a basic understanding. But if you're looking at a really detailed stock/fund summary page and you're confused about some of the intricate terminology there, that is outside the scope of this book. But that's okay, this book is meant as a starting point.
What this book DOES discuss:
--Stocks, bonds, how they move, etc. It's all laid out very cleanly.
--How to choose an investment account. (Spoiler: the book reaches the conclusion that discount brokers like Fidelity, Ameritrade, etc. are probably the best for you)
--Taxes/401k/IRAs/interest and how that all factors in to your overall plan
--Figuring out a nest egg and savings plan to get you started with investing
--Risk and beta, and why beta returns are good for you
--Why asset allocation is key, and how to improve it through ETFs.
--How to determine the right asset allocation mix, and what types have proven success.
--Next steps to take once you've gotten started. Steps to allow yourself learning and growing while protecting yourself from a downturn.
It's the latter half of that list that is where the meat is. The first stuff, you can get online anywhere. But the latter stuff includes a lot of the authors' well-reasoned analysis. And it's where to focus. Once you've read it, you'll have a much better understanding of how to proceed with getting your investing started.
5.0 out of 5 stars Good Guide to Basics and Quick Read,
This review is from: A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way (Paperback)Good book. The authors writing organization was not the best, but the material was great for someone looking for a quick introduction to stocks, bonds, mutual funds, 401k, IRA, etc at the small expense of a quick read.
5.0 out of 5 stars A valuable introduction to investing.,
treats the fundamentals clearly and at an appropriate level for beginners at investing, yet it goes far enough to maintain
their interest after they get started. As a reasonably experienced investor I find sections of the book which make me stop
and think about my own habits and reminds me to organize my thinking. For a beginner it's excellent, and people who have
been controlling their own investments for quite a while will still find it stimulating.
5.0 out of 5 stars Great Read,
This review is from: A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way (Paperback)Great book, easy read. I am self employed and have to do all retirement investing myself. I went with a financial adviser at first and after reading this book I now realize why he told me to invest in those 5.25% front load mutual funds. He made a good chunk in his pocket for talking me into that investment and load compared to no load (or ETS's) offer no benefit. All they do is put you 5% in the hole from the beginning. Have used a lot of information in this book such as his ETF picks for a diversified account and have done great in the market so far. Although it would be hard to lose money in the market the past 9 months.
5.0 out of 5 stars The Investing Book I've Been Looking for.,
4.0 out of 5 stars Great intro to investing in simple terms,
4.0 out of 5 stars Useful information,
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