The MoneyTrack Method: A Step-by-Step Guide to Investing Like the Pros [Hardcover]

Pam Krueger (Author), Les Abromovitz (Author)

Book Description

Publication Date: October 6, 2008

Based on the popular public television series MoneyTrack, The MoneyTrack Method offers you the principles, techniques, and approaches that allow real people of all incomes to become successful investors. Steering you away from the get-rich-quick mentality that sinks so many, this book shows you how patience and planning pay off, as well as how good investing habits lead to better overall financial health. Filled with in-depth insights and real-world examples, The MoneyTrack Method outlines the time-tested principles of smart investing, and shows you how others have already applied them.

Editorial Reviews

From the Inside Flap

How ordinary people become successful investors

While the media focuses on the stock market dramas that play out every day in the headlines, and investing gurus are busy predicting the market's next big trend, many small, individual investors outside the spotlight are quietly building their wealth and increasing their financial well-being. They're not flashy, but they are steady and successful––and with this book as your guide, you can become one of them.

Based on the popular public television series MoneyTrack, The MoneyTrack Method gives you the principles, techniques, and approaches that allow real people of all incomes to become successful investors. Steering you away from the get-rich-quick mentality that sinks so many, this book shows you how patience and planning pay off, as well as how good investing habits lead to better overall financial health.

Along the way, this straightforward and accessible guide introduces such success stories as Earl Crawley, a parking attendant making twelve dollars an hour who invested wisely and is now worth over a million dollars. You'll also meet overzealous speculators like the real estate novice who attempted to flip eight houses in eight months using "liar loans" and is now hopelessly drowning in debt. And you'll hear from investment legends like Warren Buffett, John Bogle, and Ben Stein.

Packed with practical advice and real-life examples, The MoneyTrack Method gives you a comprehensive way to:

• Diversify and balance your portfolio to weather market downturns

• Utilize professional investing strategies such as dollar cost averaging to improve your returns

• Recognize hidden risks and potential scams

• Maximize employment and retirement benefits for building wealth

• Apply Warren Buffett's principles to choosing investments

• Get your financial house in order by writing your will, calculating retirement needs, and teaching your children about money

The stock market is filled with uncertainty. However, the only thing riskier than investing is not investing at all. The MoneyTrack Method gives you the time-tested principles you need for smart investing, and shows you how others have already applied them. So stand up, take control, and let The MoneyTrack Method put you on the road to financial freedom.

From the Back Cover

Praise for The Moneytrack Method

"Krueger's down-to-earth approach to investing combines some of the most sage wisdom on Wall Street with advice real people can use. . . truly a must-read for the novice investor!"
—David Bach, author of the #1 New York Times bestseller The Automatic Millionaire

"The MoneyTrack Method offers highly readable financial advice for all life situations. It is interspersed with real-life stories that illustrate the do's and don'ts of investment, real estate, and retirement. If you read only one financial book, this is it!"
—Robert Heller, former governor of the Federal Reserve Board and president of Visa

"On Pam Krueger's MoneyTrack TV show, her motto is, 'Keep it simple, and keep it real.' This easy-to-use guide accomplishes the same goal—much to the benefit of her readers."
—Janet Bodnar, deputy editor of Kiplinger's Personal Finance magazine, and author of the books Raising Money Smart Kids and Kiplinger's Money Smart Women

"The MoneyTrack Method teaches people the basics of investing in understandable language to help them invest wisely and well. Pam Krueger, with the help of many top investment experts, uses real-life examples to show how real people learn from their good and bad experiences."
—Jonathan Pond, public television host

"The MoneyTrack Method is a timely and important book. Pam has done a wonderful job of putting individuals on track to achieving the American Dream."
—Patrick Terrion, Founders Capital Management

"Krueger's vibrant personality shines through, as she sifts through the muck of investing jargon and helps you understand what works, and how it can work for you."
—Chris Jolley, group manager, Financial Products Group, Microsoft Corp.

"Krueger combines the best from Wall Street insiders with easy-to-grasp tools and tips every novice investor can use, today! Guaranteed to help you build a solid portfolio for a secure future. Buy it!"
—Paul B. Farrell, JD, PhD, columnist, Dow Jones/MarketWatch.com, author of The Millionaire Code; The Lazy Person's Guide to Investing; and The Winning Portfolio

See all Editorial Reviews

Product Details

• Hardcover: 272 pages
• Publisher: Wiley; 1 edition (October 6, 2008)
• Language: English
• ISBN-10: 047037232X
• ISBN-13: 978-0470372326
• Product Dimensions: 9.2 x 6.3 x 1.1 inches
• Shipping Weight: 15.2 ounces (View shipping rates and policies)
• Average Customer Review: 4.8 out of 5 stars  See all reviews (5 customer reviews)
• Amazon Best Sellers Rank: #1,331,760 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

2 of 2 people found the following review helpful:

4.0 out of 5 stars My retirement thanks you!, April 28, 2009

By 

Sutter "Brady's Dad" (Mill Valley, Ca) - See all my reviews

This review is from: The MoneyTrack Method: A Step-by-Step Guide to Investing Like the Pros (Hardcover)

This book makes the overly complicated world of investing easy to understand. I now have a fresh new outlook on my retirement and this book helped get me going in the right direction.

2 of 2 people found the following review helpful:

5.0 out of 5 stars Solid approach to building wealth... If only Wall St. had read this!, October 6, 2008

By 

K. Horgan - See all my reviews
(REAL NAME)   

This review is from: The MoneyTrack Method: A Step-by-Step Guide to Investing Like the Pros (Hardcover)

Pam's realistic, sensible investment advice is quite refreshing in a time when it seems many people (ummm, Wall Street!) have gone away from the basics. I love the stories too!

It's a great guide that covers everything to do with money: stock market, investment strategies, real estate, wills and estate planning, retirement, employee benefits, and the list goes on.

1 of 1 people found the following review helpful:

5.0 out of 5 stars The Money Track Method: A Step-by Step Guide to Investing Like the Pros, February 11, 2009

By 

alex reginald (USA) - See all my reviews

This review is from: The MoneyTrack Method: A Step-by-Step Guide to Investing Like the Pros (Hardcover)

The Money Track Method is a great way to learn about investing and building a nest egg for retirement. Very timely. I only wish it had been written several years ago. If you have any friends you care about, give them this book - it's the best gift you could give.