Customer Reviews

Tools & Techniques of Financial Planning 7th edition (Tools and Techniques of Financial Planning)

5 star:		(1)
4 star:		(6)
3 star:		(1)
2 star:		(2)
1 star:		(3)

 

 

Lesson One in Financial Planning: Don't waste money. If you know absolutely nothing about investing and planning, then this book is for you.

Alternative title: "Financial Planning For High School Freshman"

Case-in-point, the reader must slog through 290 pages to get to chapter 16 titled, "Risk & Reward". And then, (drum roll, please!) we get this gem, "Sound investment management principals dictate that the investor should almost never invest in just one asset class to the exclusion of all others". WOW, that's worth every penny of my ($). THANKS!

Bottom line, if you're in the financial services business and you need this book...it's time to rethink that career choice.

A lot of good info. Fills in the gaps in my knowledge of investing, finance, banking, estate planning, retirement options, etc. There are quite a few typos, however, and a lot of awkward sentence structure. Strange because it's nothing that MS Word wouldn't catch. It needs a pro writer re-write.

I received this book in the high hopes of having everything explained to me in clear English. For the most part, my expectations were met. The downside is that the reading is quite dense in most parts. In addition, being a Tax Professional, I found a few, minor errors in the Tax Planning section. Otherwise, the book has been a tremendous help in my studies to become a CFP(R).

Good book to form the foundation for the CFP training and exam. It's too expensive, however. My guess is that it is priced assuming most students get reimbursed by their employers. For those of us who have to pay for the book out of our own pockets, it is too expensive.

textbook was purchased new. It is a large softcover which I am not sure will hold up for the length of my studies and I have found that much of the tax information is of course out of date and there are a couple of references that are incorrect. Time for a reprint.

I'm very disappointed with my order with Amazon. Two co-workers and I all ordered from Amazon and we all got different editions of this textbook; none of them being the most recent. I am going to send mine back.

I bought this book via Amazon because it was required for a CFP prep course I'm thinking of taking. It was to be the introductory text. While it is full of information, I found it not well written or laid out, and the authors seemed like they were using the book as a "data dump" for their pockets of information and expertise. My biggest complaint is the book lacked focus in the sense that it did not develop the most important information, and conversely, seemed to spend far too many pages on remote issues that are not likely going to be part of a generalist CFP. I am very surprised that the book is not more polished as it was the 8th edition (9th recently came out). Why this book was chosen by the faculty, I have no idea. In the past, I had other CPF-related courses and we used Personal Financial Planning by Hallman and Rosenbloom --- An excellent text and resource book. Much more readable. Since I did not really get anything out of the "Tools and ..." book, I ordered through Amazon and read the more recent version of the Hallman and Rosenbloom book. Glad I did.

I find this book to be incredibly frustrating. If it were not required for the CFP class I was taking, I would find a new book and burn this one. In addition to being horribly written, the book is filled with bad information and old tax rules. I have been in the financial advice industry for over 18 years and even I am confused by the way this book communicates what could be easy to understand concepts. There are times when I have had to read a single paragraph 3 or more times to attempt to understand what is being said. I find that ridiculous! After discussions with others in my class, everyone seems to be having similar frustrations. This content is really not that difficult at all, however, this book is creating difficulty and confusion where there does not need to be.

I bought this book only for a financial planning course that I am taking, but I am liking the book so much. It is a renowned book because the author is considered the Einstein of this field.

I purchased this book as a requirement to complete the modules for the CFP exam. This book is too basic for any qualified professional in the financial services industry. Additionally, the book is poorly written and does not organize the concepts you are supposed to understand into a concise and coherent format. A particularly irritating aspect of this book is the questions and answers within each chapter. in addition to the book being poorly written, there are inaccuracies in some of the tax concepts that are presented. I did give the book one star because I believe it will serve to promote the financial planning industry by encouraging readers to seek professional advice from a financial planner in order to straighten out any misunderstandings and confusion the book creates.