Customer Reviews

How to Invest $50-$5,000 10e: The Small Investor's Step-by-Step Plan for Low-Risk Investing in Today's Economy (How to Invest $50 to $5000)

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

 

 

I really love this book intensely. It is one of the very few books that does not presume that you have $1000 or $3000 just languishing your bank account waiting for something to do.

It gives hope for prosperity to those who are not earning six figure salaries. In a world where your future financial security is more and more up to you alone, this book offers invaluable information and advice.

I wish I had read this book ten years ago. I would recommend parents to buy their teenagers this book instead of smartphones ipads ipods. it is sad that young people in the USA want only the 'get rich quick' schemes and they don't realize that money is made gradually and this books tells you how. i really wish I read this 10 years ago!!

Instead of ideas and in depth knowledge, this book is an overview of all different types of typical investments. I do think this is a useful overview but not as interesting as I wanted it to be.

It's kinda funny, I've never owned this book, Nor have I ever read it from cover to cover. But I think I have read ever bit of it over the course of several years (visits to various brick and mortar bookstores.)

It's a very good book. They miss a couple of things.

I know ingdirect offers a weekly deposit into their accounts. No matter what you can afford $.01 to $xxxxxx.xx you can have ing move the money from your checking account straight into one of their savings accounts. I'm sure other companies offer a similar feature, please include a list in the next edition. What could be better than $5 (say) taken out of your checking account each week and deposited into a savings account. Once you've set this up, it's amazing how fast it grows. Soon you'll be increasing it to $10, $20, etc. (what's $5 a latte? one lunch made at home instead of bought at a restaurant? You will not miss it in a month or two.)

I wish they had a section on how to get the $50. (the above paragraph is a starting point)

I wish they included all of the mutual funds that are available for an initial buy-in of $250 or $500, not just a select few.

I wish they would explain Dividend Reinvestment in a different mutual fund. Say $500, invested in two different mutual funds in the same family (one a stock fund, the other a bond fund), $250 each. But the dividend from the bond fund diverted to buy the stock fund each month. While your monthly (hopefully) investment is sent to the bond fund each time. So the monthly dividend that buys the stock fund grows each month.

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I need to amend this review, I own the 2010 version, just acquired it. Felt bad reviewing it without owning it. This book would be an excellent text book for a High School Finance class. I wish a state would require a semester of Finance for every student. Once the state had run it for 5-6 years than the effects could be evaluated and hopefully they would be positive and more states would adopt such a class. How does the average high school graduate learn about a mutual fund? Hell, any person?

Dudes, why do they keep taking off my review on this book? Ok. To the point. BUY this book. DO WHAT IT SAYS. MAKE MONEY. What else can I say!?