Customer Reviews

The Wall Street Journal Guide to Understanding Money and Investing, Third Edition

5 star:		(5)
4 star:		(3)
3 star:		(1)
2 star:		(1)
1 star:		(0)

 

 

A worthy update to earlier editions, with current market behavior information and international updates. This is an excellent and remarkably clear basic guide to money and the markets. I can't think of a better introductory (and basic reference guide) for investors. Not a how-to, but a what-is and why book.

This is a great, concise understanding of money, types of investments, types of mutual funds, the federal reserve system, etc. I wish the Wall Street Journal put out something like this on micro and macroeconomics. I have to say, they makes things simple, concise, and easy to understand. No academic would write this-- as you would expect from the WSJ, this is excellent and a product of good free enterprise... this is like having the substantive part of ten textbooks in a easy-to-read reference guide...

I use this for teaching undergraduate students Financial Economics. It is a handy reference for them, the charts from the Wall Street Journal are easy to read and are clearly explained. The book is for the lay person who wants to know how to read a bond table or how to understand the stock reports. Value for money this is a great buy!

Most of the book is a great intro to money, stocks, bonds and mutual funds. But the last section, on Futures & Options, seems really rushed and lacks the clarity of the earlier sections (especially the material on options). For example, the authors do not define "calling" or "putting" options; and there is a blatant error on page 150 wherein a description of an option table is laughably out of sync with the table it is trying to describe.

Overall, the book is very good -- just beware of the shortcomings of its last section.

If you're a beginner, interested in investing, this is a very decent primer to start with. Buy it with Eric Tyson's Investing for Dummies, and you'll be fully set!

Although this isn't the largest book in the world, I really enjoyed reading it. I thought that I was pretty savvy as far as the way things worked, but this book definitely enlightened me. I also appreciated the pictures that made things clearer.

great book, its more then just a book about money... teaches you why the world works.. and how people take your money and bet with it.. and if you know wut ur doin u can be rich

I think this book did a great job in helping me understand the universe of money and investing beyong the scope of stock. I have been trading for 1 year and wanted to buy a small book that gave me a general education on the subject. Although much more can be written on each topic covered it is good for beginning to understand the whole picture.

This one is great for people who wish to learn about wall street, money and investments.

Just purchased this 3rd edition book and was disappointed to discover that pages 113 through 128 were missing and pages 97 through 111 were in the book twice. Don't know of this was only for the current shipping batch, but returned book for refund. Had a previous version from 1993 and wanted an updated version since it is really helpful for the novice investor.