Customer Reviews

Fast Profits in Hard Times: 10 Secret Strategies to Make You Rich in an Up or Down Economy

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Fast Profits in Hard Times well worth the money. It highlights ten successful strategies for wealth accumulation that work in rising or falling economic conditions. By wealth accumulation I mean money earned on investments. You still need seed money to start the process, of course.

Everyone knows it's easy to make money on investments when the stock market is bullish. Buy low and sell high. Even the worst mutual fund manager can't help but look like a star under this scenario. But what do you do when the bears come out? How do you generate a healthy return when stocks are dropping? This book helps answer these nagging questions.

The text is less than 250 pages, so it's an easy read. The style of writing is direct; it's like Jordan E. Goodman is sitting across the table from you in a conference room. There are ample call-outs and highlights to make sure you catch and remember the most important points of each of the ten chapters.

My favorite chapters are the ones on high-yield equities, dividend reinvestment programs (DRIPs), bonds and the mysterious foreign exchange. The chapter on stock options is solid, but I think it underemphasizes the risk associated with these leveraged investments. A summary chapter at the end of the book on risk vs. return is something I longed for. Also I found the chapters on tax liens and below-market-value real estate and trusts to be a bit too timely. It seems like everyone is pushing these vehicles nowadays in the foreclosure-rich environment. But make no mistake; the chapters are well-written and chock-full of information.

I'm still chuckling about the chapter on investing in vending machines.

Armchair Interviews says: For the novice investor, Fast Profits in Hard Times is a goldmine with ten solid veins. For experienced investors, there are some good tidbits.

Nothing is for free, and the advice Goodman doles out proves that you can't get something for nothing. You will need to make a financial investment (albeit with some low upfront options) and you will have to work (research, study, plan, organize, think). However, I thought Goodman did an EXCELLENT job summarizing often complex and "mysterious" financial investment strategies and explaining them so that an interested and alert reader could understand and implement.

I have purchased several investment books, and this is my FAVORITE. I heard about this book on CNN (or was it Fox?) and am glad I purchased it. Don't tell Goodman (or Amazon) but I would have paid several times more for the knowledge "Fast Profits in Hard Times" imparted.

I will definitely be implementing some of Goodman's strategies. Thank you, Mr. Goodman!

This book offers advice on different strategies to make money even in tough times. I think that it could have more details explaining each strategy, but it offers a pretty good introduction. I really like the chapter on tax liens and tax deeds. The author did a really good job explaining the difference between them. Investing in tax liens means paying off a property owner's delinquent tax debt and collecting the interest he or she owes to the municipality. Investing in tax deeds is buying property outright from the municipality that has already foreclosed on the delinquent taxpayer.

One other strategy that I want to point out is Dividend Reinvestment Plans (DRIPs), which involves buying stocks straight from the companies and not paying any brokerage commissions. While the author's arguments are appealing, DRIPs are not as useful as they used to be because commissions have come down dramatically over the years (Scottrade is now $7 per trade).

Overall, this is a good book, and I recommend it to those who are looking to be introduced to different investment strategies.

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

I stumbled upon this book and thought that it is very generous for the author to share these little-known investment tips in the form of this special book! Thank you, Jordan E. Goodman!

I had come across each of these investment tips from various places in the past. Each of them is being sold or taught by various gurus at hundreds or thousands of dollars per tip! Lesson to learn: start with this simple book first before buying up yet another expensive course or attending a pricey guru seminar.

Goodman shares 10 different little-known areas of investment where you can start investing. In my opinion, this books looks to cater to the working upper middle-class and above.

I'd like to see a book that the underclass can start off with, with little capital. If readers know of any, please let me know. Understand that in most countries outside the USA, the majority of folks simply do not have access to opportunities like the ones revealed in this book. Most lucrative investment opportunities are reserved only for the elite ruling and business classes that control the masses through command and control economies.

If you've investment opportunities like in the USA for common working folks,
please treasure it and books like these.

Read and research more before investing in anything.

I picked a copy of this book at the public library (like to see my taxes work for me). I was interested in learning more about tax lien investing. Unfortunately, the author admitted he is not an expert in this and referred all of his writings to Loftis's book on Tax Liens (ISBN 9781427795953).
Read the whole book in an hour. Mostly because the information is not new (to me).
A starting point for beginning investor.

I heard the author on a local radio show promoting this book, and with his background, thought it would be good. I was disappointed to find many of the same old ideas. How long do we have to hear about property tax sales and below market real estate? Many of the chapters are things you've been reading about for the past 30 years and is on every late night, get rich quick, these people did it, infomercial. The real problem I had is that nothing is in depth and you really need more and better in depth books to know what you want to do to really get into any of these ideas. It was helpful with some suggestions, but a lot more research and detail needed. The author does give a lot of links to other sources.

i found the book to interesting ideas...i have read Mr. Goodmsan's other books and find him to be able to explain his concepts in a manner anyone could understand and find his books an easy read,...unlike like a textbook would be

This new book comes at an excellent time, given the volatility uncertainty, and unpredictability of the stock market.It is clearly written, easy to understand, and offers very useful and practical strategies for weathering the financial turbulence of today.

I received the book, now all I have to do is read it. The book was in excellent condition and the seller is very good!

I don't like taking advantage of other peoples problems. The power system is not good or right, and it is what's wrong with the world. Greed sucks.