Customer Reviews

The Ultimate Safe Money Guide: How Everyone 50 and Over Can Protect, Save and Grow Their Money

5 star:		(15)
4 star:		(4)
3 star:		(3)
2 star:		(4)
1 star:		(4)

 

 

There appears to be no possible middle ground between the extremes of opinion expressed by the various reviewers, but in fact, there is. In no particular order:
1) Weiss' severe scolding of, and warnings about, brokers and brokerages were in fact right on the money. He was proven correct by events that happened after he wrote about them. In fact, some brokerages and investment bankers were worse than he had described.
2) Yes, in fact he does sell several newsletters of the doom and gloom variety, but to his credit, does not peddle them in the body of the book.
3) Mentioned should be made of his description of using Treasury-only checking accounts for regular banking. It is quite useful.
4) Similarly mention should be made of his interesting strategy of investing in mutual funds, moving freely amongst the funds as other traders (e.g. me) would move amongst stocks. Maybe it is common knowledge, but it wasn't to anyone I know. I think this one I will try.

All in all, for persons who read mostly conventional books for advice about stock trading, this book provides a very interesting perspective for traders of any age. And it can be had for less the the commission cost of a couple of trades :).

This excellent book is more than just about investing. I found the chapters on health insurance and long term care insurance outstanding. I have subscribed to Dr. Weiss's newsletter for several years and it is excellent. If you have any doubts about his expertise,...Martin Weiss just tells it like it is in easy to understand language...

This is simply a fantastic book. There is a wealth of good solid information about how to protect your money and keep it working for you. And it's not just for people over fifty, either. I think plenty of people in their thirties, like me, could make use of this book. The writing style is easy to read and understand, making the book all the more effective.

Dr. Weiss has joined the ranks of those like "Adam Smith" who warn against blind faith in used stock salesmen-- brokers, "analysts", and other stock touts. This warning needs frequent repeating. But Dr. Weiss fails to meet the needs of those who know they know little, and are looking for help in navigating among "trusted" mutual fund companies such as TIAA-CREF, Fidelity, Vanguard, and the like. These companies have deserved reputations for providing sound investment vehicles, but they, too, have their dogs. For the most part, these companies seem to aim at giving their customers the option of informed choice in electing a comfortable level of risk. For one who is inexperienced and building for retirement, some help in exercising that choice would be welcome. Unfortunately, that is not something that Dr. Weiss provides.

I would remark that Dr. Weiss, himself, is not completely free from criticism for the way he markets his "profit from the coming train-wreck" nesletters.

The Ultimate Safe Money Guide is a very well written book and researched well. If you feel unsure about the economy, the various markets or financial vehicles, I would highly recommend reading this book. Martin Weiss also has an excellent website for figuring out which companies (insurers, brokers, etc) are the safest. The book lists specific companies which are the least safe, etc. He explains how people and businesses have manipulated stocks and what you can do to protect yourself. Even if you don't believe the economy will keep getting worse, this is a worthwhile read.

Martin Weiss PhD. is a savior. His latest "Ultimate Safe Money Guide" should be required reading for anyone planning to invest in the stock market, purchasing life insurance or planning for retirement later on down the road. Unfortunately, many will continue to listen to the mainstream Wall street hawkers on TV and get taken to the cleaners financially. This book is written in easy to understand language with many suggestion that you would usually have to pay hundreds of dollars to get from someone you could trust. Buy this book! I can't be more direct than that. I have subscribed to Martin's newsletter for at least three years, followed his advice, and haven't lost a dime in this BEAR market. Unfortunately, I can't say that for many of our friends that have lost thousands in their 401K and IRA's because they have listen to their advisers who keep telling them, "your in it for the long term" yeah right! Buy it, read it, study it and then read it again!

The title implies that folks 50 and over will benefit. As an avid investor, still younger than 50, I can attest that this is a survival guide for anyone wishing to trade in stocks through traditional brokerage firms.

The book exposes the "technology bubble" of 1999 and 2000, showing the high-tech stock recommendations by the major brokers and analysts, while they were secretly selling off their own shares.

I was so impressed with this book, that I used it as a research source for an MBA course paper titled "Contrarian Investing - Riding the Manipulators' Coattails."

Awesome book. Don't buy another stock until you've armed yourself with this information!

There is nothing at all to criticize about this book. It is right on, well written, and a valuable investment. Anyone who follows the advice in this book will avoid losing their shirt to unscrupulous brokers, insurance companies, and financial scams of all kinds. I now understand why my pension fund was frozen for so many years due to the Executive Life debacle. The warnings about the dangers of municipal bonds are invaluable. This book is a goldmine of information not readily available anywhere. I give it the highest possible rating: 5 stars.

This book is a lifesaver that will prevent you from making very costly mistakes. In troubled times, particularly the ones we are presently involved in, are extremely difficult for investing in stocks, bonds and mutual funds. This book written by Dr. Weiss can act as your bible whenever you wish to make financial decisions. It's a must reading and I recommend it highly.

John Palmer

Martin Weiss is the consumate crusader for the little guy. No one I have read recently has put more legitimate effort into the clarification of the current Stock Market madness. He has for years been pounding the table to get the attention of the sleeping public. I was a lost investor and now I have finally seen the light. This clear, well documented and researched book guides the hapless investor who has been lead by the nose by corporate lackeys toward the green pastures of financial reality. Bannished is the false promise of double digit returns, blown away is the magician's accounting wand, uprooted is the greedy corporate money tree, and stripped away is the emperor's phoney three piece balance sheet.
What is finally revealed to the immature and naive investor is the grotesque shakey skeleton of the U.S. stock market. Behind the facade of hundred year old buildings and high tech trading floors is the pupeteer who is manipulating the lifeless carcass of a soon to be crumbling giant. At last we have the real picture and Martin Wiess must be listened to if you want to protect your financial body. It has become a common phrase used by the polititians to strike fear into our hearts...home land security, protection against terrorists...but who is calling us to protect our financial shores. No one in the corporate controlled media, no one in the corporate controlled analysts ant hill, no one in the impartial accounting world, and no one on CNN, FOX, CBS, ABC and FNN. There is only one lone ranger by the name of Martin Weiss who is riding through the canyons of the finacial landscape crying out to all who will listen. Get your sleepy noses away from the brain sucking TV. Stop listening to the cheerleaders repeated crys of "what the hell all is well" and splash some cold water on your face. Get a grip on your own financial destiney and give Mr. Weiss a listen. You will not regret it. You do not have much time left. Look out below!!!!!!

Gary M. Davidson