Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your email address or mobile phone number.

Qty:1
  • List Price: $24.95
  • Save: $6.44 (26%)
FREE Shipping on orders with at least $25 of books.
Only 4 left in stock (more on the way).
Ships from and sold by Amazon.com. Gift-wrap available.
Investing without Wall St... has been added to your Cart
FREE Shipping on orders over $25.
Condition: Used: Good
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 2 images

Investing without Wall Street: The Five Essentials of Financial Freedom Hardcover – April 3, 2012

4.5 out of 5 stars 17 customer reviews

See all 4 formats and editions Hide other formats and editions
Price
New from Used from
Kindle
"Please retry"
Hardcover
"Please retry"
$18.51
$12.95 $7.24

Ideal Team Player.
The Ideal Team Player: How to Recognize and Cultivate the Three Essential Virtues
Discover what it means to be a team player in this new book by leadership expert Patrick Lencioni. Learn more.
$18.51 FREE Shipping on orders with at least $25 of books. Only 4 left in stock (more on the way). Ships from and sold by Amazon.com. Gift-wrap available.
click to open popover

Frequently Bought Together

  • Investing without Wall Street: The Five Essentials of Financial Freedom
  • +
  • Ahead of the Curve: A Commonsense Guide to Forecasting Business and Market Cycles
Total price: $45.00
Buy the selected items together


Editorial Reviews

From the Inside Flap

The secrets to growing your wealth lie far beyond just investing strategies and financial products. The options for investing are endless, and their sheer number can be overwhelming, but in Investing without Wall Street: The Five Essentials of Financial Freedom, Sheldon Jacobs, founding editor and publisher of The No-Load Fund Investor, shows how to achieve the greatest wealth with the least effort. The book focuses on what investors actually do with their investments, rather than teaching strategies that read well, but are nonetheless unessential.

Presenting clear, practical advice on market timing, vanity investments, recent advances in index fund investing, bear market strategies, growing one's income, and much more, this book is designed to help you maximize your wealth. Filled with timeless wisdom and personal anecdotes that will inform and illuminate your investment decisions for years to come, Investing without Wall Street includes:

  • Five essentials that investors need to concentrate on, and what they can safely ignore

  • How to use the media to get the best investment advice and recommendations

  • The case for using a market timer

  • Why specific security recommendations don't make the five essentials

  • How to achieve complete portfolio diversification with only two funds

Indispensable reading for anyone looking to make more money, from new investors just starting out to seasoned pros returning to the market after the recent downturn, this lively and accessible book includes in-depth coverage of almost twenty subjects that are rarely, if ever, found in other investing guides. Investors will learn how to use the financial advice found in the media, survive bear markets, and build a mutual fund portfolio that will pay dividends for life. The definitive guide to individual investing, Investing without Wall Street stresses the importance of taking a skeptical, clearheaded approach to investment opportunities, and teaches you exactly how to develop and implement successful money strategies.

From the Back Cover

Praise for Sheldon Jacobs

"Sheldon Jacobs is a level-headed gentleman who is a cross between Albert Einstein, the Dalai Lama, and Vanguard founder Jack Bogle and who had a solid record editing and publishing The No-Load Fund Investor financial newsletter for over a quarter-century."
MarketWatch

"King of no-loads."
Investor's Business Daily

"Dean of the no-load fund watchers."
USA Today

"Among financial experts who are able to think with a small investor's perspective, no one is more level-headed than Sheldon Jacobs."
Bottom Line/Personal

In July of 1993, Sheldon Jacobs was one of five nationally recognized mutual fund advisors chosen by The New York Times for a mutual fund portfolio competition. The portfolio that he selected produced the highest return of all contestants for almost seven years, and the Times quarterly publication of this contest helped him become one of the best-known mutual fund advisorsin America.

Investing without Wall Street shows investors how to achieve the greatest wealth with the least effort. It details the five essentials that even a kid could master and shows that they are all you need to be a successful investor. With this knowledge, the average investor can invest on his or her own and make $252,000 more than a person investing the same way who shares his or her profits with professionals. This book will teach you how.

NO_CONTENT_IN_FEATURE


Product Details

  • Hardcover: 296 pages
  • Publisher: Wiley; 1 edition (April 3, 2012)
  • Language: English
  • ISBN-10: 1118204646
  • ISBN-13: 978-1118204641
  • Product Dimensions: 6.4 x 1.1 x 9.3 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (17 customer reviews)
  • Amazon Best Sellers Rank: #605,167 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Kindle Edition Verified Purchase
I work in the financial sector and am often very concerned about friends and family who trust their money to others and don't seem to have a clue as to how their own investments work. I picked up this book in the hopes of finding something which would provide an accessible introduction to managing one's own finances. In this, it succeeds.

It's very difficult to find the right balance of technical and non-technical information when discussing personal finances. Some understanding of the technical aspects of finance are necessary in order to understand even the basics sensibly but many books go one bridge too far for the reader working outside the financial sector.

This books finds the right balance, and its five basics, I entirely agree with. It is consistent with many of the fresh insights into finance, off the back of the crisis, while at the same time remaining balanced and practical. It's emphasis on risk-adjusted returns is very important and one of the important things which non-financial people need to understand. Jacobs presents this concept is an accessible way.

Some of the later sections are redundant and don't add that much to the main argument of the book. Once you've read the chapters on the five essentials, you can probably put the book down. But those five essentials really are essential, and in this book, accessible. I have bought several copies of this book to distribute to non-financial members of the family over Christmas.
Comment 8 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover Verified Purchase
If you are interested in developing a simple, disciplined investment plan, the first 100 pages are a great read. Seasoned investors can learn a lot about keeping investments simple and sticking to an allocation plan, whereas inexperienced investors can gain insight into what to heed and what to ignore when investing without an adviser. Read on only if you are interested in market lore, myths, and other ludicrous indicators. This latter part of the book, while entertaining, does not add much to the basic theme - investing. The reader would have been better served by the author replacing these sections with an extensive discussion of bond funds, ladders, treasuries vs corporate bonds, etc. These, after all, are cornerstone of fixed income investment, a key component of the author's three investment classes.
Comment 5 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover Verified Purchase
I've been investing for more than 20 years, trying all different approaches under the guidance of my dad, an "armchair investor," with varying degrees of success (and failure). Now that Dad is elderly, I am in charge of his assets as he won't allow a "professional" to take over. Wake-up call! The pressure is on, and I needed to find advice that would help me manage his money as well as my own, and to start guiding my own children as well. Lots of different needs resting on my shoulders.
Investing Without Wall Street has given me the confidence I need to manage all of this in addition to being a self-employed single parent (i.e. I don't have a lot of time on my hands). Jacobs' explanation of the Five Essentials makes perfect sense, and he provides general guidance as well as specifics where needed. He does all of this with a sense of humor and engaging writing style, to make this a very readable and enjoyable book that (best of all) is based on principles that will not become obsolete in a few years or with the next big boom or crisis. Solid, time-tested investing advice that can be adapted to different investors' needs. So thank you, Mr. Jacobs. This is just what I needed.
Comment 3 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover Verified Purchase
Mr. Jacobs shares a great variety of useful investment advice that he has gained over many years. I first began following him back in the early 1990's and his suggestions were the basis of my not flashy but solid investment results over the years. I've told my thirteen year old son that he needs to read and follow this advice when he's a few years older.
Comment One person found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover Verified Purchase
It was good reading for passive investors, like myself. Mr. Jacobs does a good job at recommending the construction of a passive portfolio. I would recommend his book to any passive investor.
Comment 3 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Kindle Edition Verified Purchase
I like the way Mr. Jacobs included lots of stories to make a point and to make it very personable to the reader. It makes it easier to understand the concept he is trying to convey to us. Thank you.
Comment 2 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover Verified Purchase
This is one of the best investing books I have read ever. Maybe because Sheldon Jacob's thinking goes right along with mine (on most levels.) As part of the 70+ crowd Sheldon still seems as sharp as ever. What I appreciate about this book is the revelation that index investing is really the way to go over "active" fund management. What is an amazing fact is that Sheldon was a "top notch" publisher of "The No-Load Fund Investor" for many years, which basically was in business to pick active mutual funds. This book is rich with actionable items that can benefit your portfolio - many of them I have used myself for my clients. Sure I love being "validated," but Sheldon explains it much better than I ever could.

This is a must read investing book!
Comment One person found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover Verified Purchase
I first got started in mutual funds with Sheldon Jacobs. He taught me that in the US, no one gets rich by just working and saving in banks. He writes clearly and better than any other financial advice writer. This bis no exception.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse

Most Recent Customer Reviews

Set up an Amazon Giveaway

Investing without Wall Street: The Five Essentials of Financial Freedom
Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more
This item: Investing without Wall Street: The Five Essentials of Financial Freedom