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

~ (Author)

Editorial Reviews

Amazon.com Review

One of the goals stated on Martin Weiss’s Web site is “to be the No. 1 authority on conservative money investment strategies,” and his book The Ultimate Safe Money Guide certainly reflects that intention. Aiming at those 50 and over, Weiss offers advice on everything from real estate and insurance to annuities and tax-exempt bonds. What makes The Ultimate Safe Money Guide especially timely (this book was written before the Enron disaster made headlines) is the contempt in which he holds both Wall Street and corporate America. According to Weiss, “hype and distortion” is the norm, both in the brokerage/analyst community and in how American business discloses its financial results. He writes that “stock ratings are bought by the companies,” and that based on significant discrepancies between the earnings and cash flow of 6,000 companies his firm has analyzed, 31 percent may be guilty of manipulating their earnings reports. And while Weiss does not eschew stock market investing altogether (his firm sells stock advice), he believes most investors, especially those over 50, need to seriously rethink their risk tolerance for stocks. The Ultimate Safe Money Guide goes against the grain of most investment advice on the market today, but if retirement is on your horizon, Weiss’s advice is worth considering. --Harry C. Edwards

Product Description

• Choosing profitable investments
• Getting unbiased professional advice
• Avoiding Insurance, Brokerage, and other scams

Protect Your Wealth and Well-Being Now and for Years to Come

In light of the new risks our country and our economy are facing, entering your fifties with an effective financial and personal plan for your future is now more crucial than ever–to make sure you can truly enjoy your golden years. The Ultimate Safe Money Guide was especially designed to help you map out your plan in this new environment, so that you can stop worrying about your money and just enjoy life.

Step by step, Martin Weiss–an expert in financial ratings and consumer protection–introduces, explains, and helps solve many of the new challenges and risks that face millions of Americans over fifty, including how to find:

• Truly profitable investments with the least risk
• Protection against investment losses
• The worst and best insurance policies and annuities
• The best health insurance solution for you
• The right plan for your long-term health care

The Ultimate Safe Money Guide is an important source of information for anyone planning for a secure future during their fifties and beyond. Expert advice and proven guidance will prepare you for this critical juncture in your life at a critical time in our history, putting you on the road to a satisfying retirement, where you are always firmly in control.

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Product Details

• Hardcover: 337 pages
• Publisher: Wiley; 1 edition (January 18, 2002)
• Language: English
• ISBN-10: 0471152021
• ISBN-13: 978-0471152026
• Product Dimensions: 9.1 x 5.9 x 1.2 inches
• Shipping Weight: 1.3 pounds (View shipping rates and policies)
• Average Customer Review: 3.7 out of 5 stars  See all reviews (30 customer reviews)
• Amazon.com Sales Rank: #790,549 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

31 of 31 people found the following review helpful:

4.0 out of 5 stars Not all good and not all bad, July 26, 2003

By	half "half" (Diamond Bar, CA United States) - See all my reviews

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 :).

47 of 53 people found the following review helpful:

5.0 out of 5 stars It's the Ultimate Money Guide, March 2, 2002

By	B Engle "baengle99" (Fair Oaks, CA United States) - See all my reviews

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...

31 of 34 people found the following review helpful:

5.0 out of 5 stars Wealth of smart information, February 4, 2002

By A Customer

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.