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 peoplemaybe you among themare 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.
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."
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."
author of A Gift to My Children
It presents reverse advice: how to ruin your financial life. If you avoid what is says to do, your finances will be better off.Published 17 days ago by D. Guilbeau
Would you be more likely to read this review if I said not to? Maybe. Humans do like to be contrary, and reading this won’t take much of your time. Read morePublished 8 months ago by R. Cepuch
The information is good, but sometimes it is difficult to tell if he is serious of just being facetious.Published 9 months ago by cwd
This should be required reading in High School
Also for anyone you know who just doesn't " get it "
I am a big Fan of Ben Stein, he gives the best and most sound advice for those novices out there who are building towards retirement but don't have the time or the acumen to... Read morePublished 11 months ago by 3 Memphis Tigers Dad