Serious Money, Straight Talk About Investing for Retirement [Illustrated] [Hardcover]

Richard A. Ferri (Author)

Book Description

ISBN-10: 0967294304 | ISBN-13: 978-0967294308 | Publication Date: March 1, 2000 | Edition: illustrated edition

SERIOUS MONEY is a down to earth investment book that is a must read for anyone saving for retirement.

Armed with extensive research and his own professional experience, Richard Ferri dismantles the illusion that stockbrokers, financial planners, and other Wall Street "experts" offer superior investment advice. Ferri finds that most of the investments sold in the mass market consist of high cost products that deliver below average returns. Ferri further explains how index funds and other low cost, low tax investments lead to greater wealth at retirement.

Serious Money is a thoughtful and thorough guidebook that cuts through the clutter and provides genuinely useful advice. It will save you time, money, and headaches.

Editorial Reviews

Review

Richard Ferri shows that most investors experience sub-par performance following popular advice offered in the mass market. If you are serious about achieving your investment goal in a cost efficient, realistic manner, you will find the indexing alternative outlined in SERIOUS MONEY sensible and doable. -- Hei Wai Lee, Ph.D., CFA, Prof. of Accounting and Finance, University of Michigan

SERIOUS MONEY is a must read for anyone contemplating investing for retirement or wanting to adjust their current strategy for one based on common sense and logic. -- Terry L.Arndt, Ph.D., CPA, CFA, Dean, College of Business Administration, Central Michigan Univ.

SERIOUS MONEY provides a candid and revealing look at the brokerage industry. In addition, Richard Ferri provides a sensible investment strategy the just plain works and significantly increases the probability of achieving a secure retirement. -- Robert M. Palmer, CPA, CFP, Partner, Plante & Moran, LLP

About the Author

Richard Ferri is the President of Portfolio Solutions, LLC, a leading investment management firm serving the needs of individuals, trusts, pension plans, and non-profit organizations. Prior to forming Portfolio Solutions, Richard worked as a stockbroker for ten years at two prominent Wall Street firms. He graduated from the University of Rhode Island with a BS in Business and earned a MS in Finance from Walsh College. Richard holds the Chartered Financial Analysts designation and is a member of several professional organizations. Richard is an adjunct professor of finance and teaches investment theory and portfolio management. He is also a frequent speaker and writer on the subject of personal investing.

Prior to joining the investment industry, Richard was a fighter pilot in the United States Marine Corps. He is still active in the Marine reserve. Richard lives in Troy, MI with his wife and three children.

Product Details

• Hardcover: 224 pages
• Publisher: Portfolio Solutions; illustrated edition edition (March 1, 2000)
• Language: English
• ISBN-10: 0967294304
• ISBN-13: 978-0967294308
• Product Dimensions: 8.5 x 5.8 x 0.9 inches
• Shipping Weight: 1 pounds
• Average Customer Review: 4.8 out of 5 stars  See all reviews (6 customer reviews)
• Amazon Best Sellers Rank: #1,678,463 in Books (See Top 100 in Books)

More About the Author

Richard Ferri is the founder of Portfolio Solutions, LLC (www.portfoliosolutions.com), a low-fee investment advisory firm based Troy, MI. Portfolio Solutions manages close to $1 billion in separately managed accounts for high-net-worth individuals, families, non-profit organizations, and corporate pension plans. The firm specializes in analyzing and using low-cost and tax-efficient index funds and ETFs to build wealth for clients.

Mr. Ferri earned a Bachelor of Science degree in Business Administration from the University of Rhode Island and a Master of Science degree in Finance from Walsh College. He also holds the designation of Chartered Financial Analyst (CFA). Prior to joining the investment community in 1988, Rick served as an officer and jet pilot in the U.S. Marine Corps and is now retired from the Marine Corps Reserve.

Customer Reviews

Most Helpful Customer Reviews

7 of 9 people found the following review helpful:

5.0 out of 5 stars Smart Money, April 24, 2000

By 

Nancy Fisher (Michigan) - See all my reviews

This review is from: Serious Money, Straight Talk About Investing for Retirement (Hardcover)

Excellent book with practical, easy to follow advice minus the financial jargon. Mr. Ferri explains financial concepts in a simple, straightforward style and walks the reader through steps to develop a sound, well thought out financial plan. I'd highly recommend this book!

7 of 9 people found the following review helpful:

5.0 out of 5 stars A great book to help the non-professional invest, February 4, 2000

By 

Kathy Cooperman (Tappan, NY) - See all my reviews

This review is from: Serious Money, Straight Talk About Investing for Retirement (Hardcover)

This book was well-written, easy to follow, and really helped explain how to invest your money. Although I read a lot on investing, this book provided a lot of new and enlightening information. Mr. Ferri's book is a must and will really help you invest your money profitably.

4.0 out of 5 stars Serious Money? Seriously!, September 6, 2011

By 

Mark Hyer "Kiki by numbers" (Minneapolis, MN USA) - See all my reviews
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Amazon Verified Purchase

This review is from: Serious Money, Straight Talk About Investing for Retirement (Hardcover)

Serious Money? Seriously! Those who participate in 401K style investments experience presentations each year. In these presentations they show an index fund performance over time and quickly mention index funds cost less than managed funds. I suppose the presenters of these dog an pony shows read Richard Ferri's book "Serious Money".

You can download the PDF of the book free from Richard Ferri's website. Knowing this I still bought the hard cover because it is a well written investment book worth having. Serious Money covers investment alternatives and strategies beyond what is ever covered in the investment bankers spiel.