Gimme My Money Back: Your Guide to Beating the Financial Crisis (Paperback)

~ (Author)
Key Phrases: expected annual rate, government bond funds, Wall Street, Federal Reserve, Flynn Zito Capital Management (more...)

Editorial Reviews

Review

"Despite the topic, this book is upbeat and very practical. Velshi does a great job of explaining complex financial scenarios in terms even the most inexperienced can comprehend. The 'What Did We Learn?' and 'Coming Up' chapter endings are a great asset." — John Eckberg, Cincinnati Enquirer Business Reporter and Author, The Success Effect

“This book is essential reading for anyone who takes even a passing interest in their financial affairs. A must read.” — Stephen Leeb, Editor, The Complete Investor, Author The Oil Factor

"When I hosted The Money Gang with Ali on CNNfn, we had a very simple test to decide whether a segment would work on the show. It had to be 'actionable.' Ali keeps that concept in mind on every page of his book. Without talking down to the reader, he manages to explain aspects of the financial crisis that just aren't easily simplified. He's made the content easy to understand and it's easy to put his advice to work for you." — Pat Kiernan, Anchor, NY1

Product Description

One way or another, you lost money as a direct result of the financial crisis. Now you have to start making it back, and you can do that by reading this book.

This book shows how the markets work and how to be involved, how to calculate personal risk tolerance based on personality, goals, age and years from retirement, how to avoid losing money, and how to use mutual funds, index funds, stocks, ETF’s, bonds, and other investment vehicles to speed up readers’ own personal recovery. Includes model portfolios to get you started right away.

Written by CNN Chief Business Correspondent Ali Velshi using his trademark user-friendly voice, GIMME MY MONEY BACK is a straightforward guide to understanding how we got into the mess we’re in, with concrete, simple, proven steps to get you out of it.

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Product Details

• Paperback: 160 pages
• Publisher: Sterling & Ross Publishers (January 1, 2009)
• Language: English
• ISBN-10: 0981453562
• ISBN-13: 978-0981453569
• Product Dimensions: 7.9 x 5.4 x 0.5 inches
• Shipping Weight: 6.4 ounces (View shipping rates and policies)
• Average Customer Review: 3.6 out of 5 stars  See all reviews (40 customer reviews)
• Amazon.com Sales Rank: #135,278 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

16 of 17 people found the following review helpful:

1.0 out of 5 stars it explains basics but nothing else, January 12, 2009

By	Josef (Simpsonville, SC USA) - See all my reviews

This book explains very well the events in 2008 and gives you a great insight of the root causes. It also provides investment basics in very nice way. If your are new to the topic investment; maybe it's a buy.

Gimme my money back and an advice how to beat the financial crises? Zippo, Nada, Nothing. The stock market recovered in the past so it will in the future. Great advice. What is the right investment for you? Check your age, when do you want to retire, how much risk fits to you? This is your portfolio you should follow. Great advice. Every 401(k) broker will provide you these portfolios in a similar manner.

I really like to see Mr. Velshi on CNN. Reading his book was a disappointment. Are they really able to inform us on TV properly ???

10 of 11 people found the following review helpful:

5.0 out of 5 stars Great read for ANYONE today!, December 29, 2008

By	C. Sidley - See all my reviews (REAL NAME)

Without much (if any) prior knowledge of financial markets, this book was like having a face-to-face tutor. Velshi's explanations are an easy read, and I didn't need a dictionary or business degree to understand anything that he wrote. Also extremely helpful were the risk-tolerance questionnaire as well as the pie charts showing how my investments are divvied up. He was very straight-forward in his brief history of the financial crisis and how we got into it, and his analogies brought it all home for me. Definitely one of the best holiday gifts I received this year!

6 of 7 people found the following review helpful:

5.0 out of 5 stars A Must-Read!, January 6, 2009

By	Robet Schroeder - See all my reviews (REAL NAME)

I am a terrible investor. I'm befuddled by the concepts and terminology and, therefore, haven't done much other than invest in my 401(k) and a few CD's. I finished reading Ali Velshi's book, "Gimme My Money Back", while sitting in a waiting room and before I knew it I was explaining the how to's and what for's of investing to the woman sitting next to me. I will never be a fund manager, but now I can confidently go to a financial planner, examine investment strategies, assess my risk, and make knowledgeable decisions about my financial future. This is a quick empowering read and a must for anyone who uncertain about how to go about investing.