Investing is simple, but never easy. We carry a lot of investment baggage, including hot tips from friends and the financial media, as well as complicated financial recommendations from Wall Street "experts." Yet, the biggest obstacle we face is the tendency to outsmart ourselves.
In order to overcome that obstacle, you need to follow straightforward strategies that will consistently push your portfolio ahead of the pack by an additional 3 to 4 percent annually. These are strategies that work in up markets, and especially in times of market crisis and panic. Most importantly, these strategies are basic enough for even a kid to understand.
In How a Second Grader Beats Wall Street, you'll follow the story of Kevin Roth—an eight-year-old who was schooled in simple approaches to sound investing by his father, seasoned financial planner Allan Roth—and discover exactly how simple it can be to become a successful investor. Page by page, you'll learn how to create a portfolio with the widest diversification and lowest costs; one that can move up your financial freedom by a decade and dramatically increase your spending rate during retirement. And all this can be accomplished by using some commonsense techniques.
Along the way, Kevin and his dad discuss fresh new approaches to investing, and detail some tried-and-true but lesser-known approaches. They also take the time to debunk the financial myths and legends that many of us accept as true and show you what it really takes to build long-term wealth with less risk. You'll also learn how not to confuse the unlikely with the impossible.
Whether you're young or young-at-heart, the straight-talking advice found here will help you:
Engaging and insightful, How a Second Grader Beats Wall Street takes you through Kevin Roth's real-life story, while driving home key strategies and tools you can implement in your own portfolio. With just a little time and a little work, you can become a better investor. With this book as your guide, you'll discover how a simpler approach to today's markets can put you on the path to financial independence.
10 Dumb Things Adults Do With Their MoneyBy second grade, we all learn some simple and truthful lessons about the world around us and how to navigate it. As life goes on, however, what we continue to learn is less about making us smart and more about making us outsmart ourselves in investing.
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I really enjoyed it!
The book is easy to understand.
I've read other financial books that explain things in a harder to understand way,
but this book makes it easier... Read more
What I love about this book is that it is so easy to understand. After reading this book, you would learn how to build a portfolio using index funds ETFs or Mutual funds. Read morePublished 1 month ago by AmazingReader
Investment luminaries like John Bogle, Burton Malkiel, Charles Ellis, and a host of others, have written extensively about the keys to successful investing. Read morePublished 1 month ago by Jeanne C. Stein
This book changed how I invest. The advice in this book is very practical and easy to put into practice. Read morePublished 2 months ago by Stephen
Based on the reviews and other comments I expected a little more from this book. Easy to read, well written, and sure to be helpful though.Published 4 months ago by Nicholas T
A great intro into the world of stocks, dumbed down enough to be clear to new investors like me and detailed enough to provide tangible and helpful guidance when it comes to... Read morePublished 5 months ago by ReadnWrite
I was always intimidated with investing and thought it was so complicated. This book breaks it down to the basics and shows you how easy it is. Read morePublished 5 months ago by J and E