Customer Reviews

Juggling Dynamite: An insider's wisdom about money management, markets, and wealth that lasts

5 star:		(6)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(1)

 

 

Daniel Park is market historian and a realist. She has the wisdom of someone well beyond her years. You can spend some 20-30 years learning from your investment mistakes or just simply read this book. Watch the video below to get an idea of her philosophy on investing and life. A great read.

http://www.youtube.com/watch?v=j7uK-B6x0a0

Keep in mind that she is speaking from a Canadian point of view which makes her insights quite interesting. Highly recommended.

Mrs. Park wrote a fine book and offers her wisdom about market timing vs the now defunct "buy and hold" strategy, as well as avoiding brokers and financial planners with possible conflicts of interest in seeking commissions over protecting the client's capital. She seems to have a bit of a contrarian view regarding some aspects of investment found in other books recently read. The book offered some take-home points at the end, but it also seemed to me to be lacking something. While the book was written a few years ago, I didn't recall there being much, if any, discussion about commodities such as gold and other current hot topic items. The main pointers in the book seemed to be fairly common sense: to run away from someone trying to put you into the buy and hold strategy, watch out for managers more interested in making money off of you instead of for you, and don't expect to make a very high return without speculation and high risk.

There is no better book than 'Juggling Dynamite' telling you what to expect during secular bull or secular bear market. Have to agree with the author that timing is always important when it comes to investing. Passive buy and hold strategy promoted by wall street(means more bonus for them) has come to the end.

Calling top or bottom is impossible to do. However, valuing the risks is something you have to do everyday, if preserving the capital is your #1 goal.

Love the recommended list of books to read at the end too if you'd like to have more insights to investing.

In my opinion, this book and the author's website are worth your time. I am sharing it with everyone I know.

Excellent insight into the mutual fund industry, that would only want you to BUY BUY and HOLD. The industry does not want you to sell. Mind you, the hedge fund industry might have a different angle. More balanced. I will not watch CNBC with the same blind trust as I had before. Well written. If I read this when it first came out, I would have made a fortune in the markets, as it seems she predicted the market meltdown.

Good common sense about Investing. Read and re-read over time to keep your perspective on the market, cycles, and human nature.

Its about time someone wrote something useful about investing.

"Juggling Dynamite" takes a no nonsense view of the realities and pitfalls confronting individual investors, especially the inherent conflicts of interest they face when having to seek advice from the "Investment Sales Industry".

An easy read with great real life examples.

Well done Ms. Park!!

L. Barrie.

Unless you're a complete novice at managing your money, I think this book is a waste of time. Here's a sample:

"The price we pay for our investments and the price for which we sell those investments will always be highly relevant."

Frankly, I find nothing insightful about that statement. There are lots of great investing/economics books but this isn't one of them.