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: $7.49 (30%)
FREE Shipping on orders with at least $25 of books.
Only 5 left in stock (more on the way).
Ships from and sold by Amazon.com. Gift-wrap available.
How To Really Ruin Your F... has been added to your Cart
FREE Shipping on orders over $25.
Condition: Used: Good
Comment: Binding is tight, pages are clean and crisp, light wear to dust jacket. Looks like a cover page was ripped out in front of book.
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

How To Really Ruin Your Financial Life and Portfolio Hardcover – October 2, 2012

3.6 out of 5 stars 43 customer reviews

See all 4 formats and editions Hide other formats and editions
Price
New from Used from
Kindle
"Please retry"
Hardcover
"Please retry"
$17.46
$12.21 $0.01

"I Had a Nice Time and Other Lies..."
The new book from the New York Times bestselling authors of "Nice Is Just a Place in France." Learn more | Kindle book
$17.46 FREE Shipping on orders with at least $25 of books. Only 5 left in stock (more on the way). Ships from and sold by Amazon.com. Gift-wrap available.

Frequently Bought Together

  • How To Really Ruin Your Financial Life and Portfolio
  • +
  • MP Fundamentals of Investments with Stock-Trak card
Total price: $292.51
Buy the selected items together


Editorial Reviews

From the Inside Flap

The secret to making money is sticking to the basics, but while they might be your best bet for success, they're not exactly thrilling. For years, Ben Stein has extolled the virtues of keeping things simple, but many people—maybe you among them—are too easily distracted by the lure of frills and fads promising quick and easy riches to pay attention. Now, in How to Really Ruin Your Financial Life and Portfolio, Stein takes a tongue-in-cheek new approach, offering advice on how to succeed spectacularly . . . at losing money!

The ultimate how-NOT-to guide, this book highlights the 49 ways in which investors manage to torpedo their portfolios by ignoring the simple facts of finance, to help you reconsider the way you're treating your money before it's too late.

From believing you can outthink the market to assuming that current trends will last forever, and from ignoring your tax returns to shunning financial advisors, this is the advice you absolutely don't need. In his own inimitable style, Stein dispenses the invaluable information that any intelligent investor should avoid at all cost, to help you identify the problems with your own portfolio-building efforts so that you can take countermeasures to get your money working for you.

A laugh-out-loud approach to personal finance, Economist and comic Ben Stein brings you the tips you need to know . . . if you want to go broke. Explaining the rules for failure so that you can run, screaming, in the opposite direction, How to Really Ruin Your Financial Life and Portfolio explains the missteps that can destroy any portfolio to help you keep yours safe.

From the Back Cover

Praise for How to Really Ruin Your Financial Life and Portfolio

"A wise man once said, 'All I want to know is where I'm going to die so I'll never go there.' Ben Stein has applied this instruction to the investment world with his special brand of humor and insights. Pay attention!"
—WARREN E. BUFFETT
Chairman and CEO, Berkshire Hathaway Inc.

"I've always thought before you can learn how to become rich, you first have to stop doing the things that keep you poor. Leave it to my friend Ben Stein to smack us all across the face and, just like Cher in Moonstruck, get us to 'snap out of it.' It's an amazing wake-up call from an amazing guy, who gets it, and gets us, and now, is trying to help us. Financial advisors charge thousands of dollars for this kind of insight. Talk about how to ruin your financial life! Ben's much, much cheaper, and much, much better."
—NEIL CAVUTO
Anchor and Sr. Vice President, Fox News Channel, Fox Business Network

"These are perilous times. Many face ruin and catastrophe. You must read this book to protect your portfolio and to make money."
—Jim Rogers
author of A Gift to My Children

NO_CONTENT_IN_FEATURE


Product Details

  • Hardcover: 160 pages
  • Publisher: Wiley; 1 edition (October 2, 2012)
  • Language: English
  • ISBN-10: 1118338731
  • ISBN-13: 978-1118338735
  • Product Dimensions: 5.4 x 0.7 x 7.3 inches
  • Shipping Weight: 7.2 ounces (View shipping rates and policies)
  • Average Customer Review: 3.6 out of 5 stars  See all reviews (43 customer reviews)
  • Amazon Best Sellers Rank: #1,056,049 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By E. Bukowsky HALL OF FAMETOP 500 REVIEWERVINE VOICE on November 1, 2012
Format: Hardcover
Ben Stein uses reverse psychology to share the benefit of his experience with novice investors. He conveys the message that prudence may not be exciting, but it helps keeps us solvent. In "How to Really Ruin Your Financial Life and Portfolio," Stein, an economist, actor, journalist, and comedian, provides handy tips to help the reckless and impulsive empty out their retirement accounts, enrich brokers, and shrink their beneficiaries' future inheritance. If you follow Stein's advice to the letter, you can have fun riding a financial roller coaster to disaster.

This slim, informative, and sarcastic volume has brief chapters outlining paths to self-destruction. A few examples: Use your gut instinct/and or clairvoyance to pick stocks; get into hedge funds, currency trading, and commodities in a big way; buy on margin and sell short; and follow the celebrity financial gurus' advice slavishly. What could go wrong? In addition to his monetary advice, Stein includes useful recommendations for destroying your career, sometimes before it even gets started.

Stein's father, Herbert, was "a famous economist," his mother was a savvy investor who left behind a solid portfolio, and he has friends (including Warren Buffett) who are knowledgeable and wealthy. So why has Stein made so many stupid mistakes over the years? It must be that he is human; when the siren song of speculation called to him, he was powerless to resist. Investing, like gambling, can be addictive, and we all know how successful most gamblers and addicts are over time.

"How to Really Ruin Your Financial Life" is a light and fast-paced primer about the basic principles we need to follow to keep us from making ill-advised and poorly timed decisions.
Read more ›
Comment 14 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 late 2012 copyright I believe and is even better than the 2010 edition. I believe I said 2011in a review of his first "How To Ruin, book.
This one takes on your portfolio along with the common sense and easy to understand advice.
I Highly recommend this one for your kids. Ahhh heck I'll tell the truth, Not only your ked but Yourself and any Friend that sees it on your coffee table. Because as Ben says, "You don't know Anything!" Believe me it's not an insult or put down. He's right. Something for everyone in this one.
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: Kindle Edition Verified Purchase
I love Ben Stein. This short book was an exceptionally easy read and a nice break from the usual dry investing books.

Stein's advice is solid and time-tested. It's a good, basic intro for a those new to investing (as long as you have enough of a foundation to understand where he's being sarcastic--which is about 60% of the book) and a good refresher for those with experience. I also found it to be useful as a reality check-- a source of solid, time-tested investing wisdom.
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
...but you should have included a chapter about SPENDING TOO MUCH MONEY
on Amazon purchases! Just kidding, Amazon, glad you're here-we all know that Books
and Music take precedence over Food and Clothing.
I wanted to give Ben five stars for this book, but really, most of the advice he's giving here
is just common sense-most importantly, not trying to be your own financial advisor by
'picking' individual stocks, etc. A good read, worth a few laughs maybe, but not great.
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: Kindle Edition Verified Purchase
I really like Ben Stein and I like Iistening to him on financial shows. I think he has a lot of common sense when it comes to money. Unfortunately, this book is excessively repetitive. He chooses every financial way there is to make money [stock markent, bonds, ETF, etc] and lets you know all the ways a private investor can go wrong considering the advantages giant financial institutions have when investing. Unfortunately, all the ways you can make mistakes are pretty much the same for every type of investment. It all comes down to the fact that giant investment houses are also trying to make money and they employ thousands of people all around the world to gain an advantage in the market, and as a private investor you can never match that. His advice: Don't think you will beat the street. Invest with the crowd. Sadly, you will have learned this in chapter one, and by chapter three it is monotonous. I didn't read the last chapters.
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 have a few of Ben Stein's books, and they all have good content. This one is simplified and has only a few new points, but they are always worth reading and not expensive. I love Ben's advice and have resisted some previous pitfalls.
1 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
Format: Kindle Edition
Funny, amusing and good advice.

My one criticism : for real beginners in financial planning and investment advice like me: it would be good to know when you are being facetious and when you are being serious. a change in font for say /expect sly humor,.... /another kind of font for clues to real straight investment principles.

If you have ever herd Ben Stein talk, you know what I mean.
But this book just fails to deliver his wit and wisdom. Too bad.
Ben Stein had a good idea but the publishers failed to deliver.

Ben, get another publisher!
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: Paperback
Pretty quick read...but sometimes he switches from straight up informative writing to being facetious mid-paragraph & you have to re-read it to figure out when he changes the tone. Ironic humor is hard to pull off w/the written word. (There's a reason Bill Murray isn't a N.Y. Times bestselling author.) Would have killed it in an interview style where Stein could go into perfect dead-pan & a journalist would be trying to hold back laughter...probably couldn't figure out how to market something like that...or maybe the audiobook is in development? I could tell from some of the other reviewers on here that they didn't always get the joke.
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

How To Really Ruin Your Financial Life and Portfolio
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: How To Really Ruin Your Financial Life and Portfolio