The Only Investment Guide You'll Ever Need and over 630,000 other books are available for Amazon Kindle – Amazon’s new wireless reading device. Learn more

 

or
Sign in to turn on 1-Click ordering.
Express Checkout with PayPhrase
What's this? | Create PayPhrase
More Buying Choices
134 used & new from $0.06
Have one to sell? Sell yours here
The Only Investment Guide You'll Ever Need
 
 
Share your own customer images
Search inside another edition of this book
Start reading The Only Investment Guide You'll Ever Need on your Kindle in under a minute.

Don’t have a Kindle? Get your Kindle here, or download a FREE Kindle Reading App.

The Only Investment Guide You'll Ever Need [Paperback]

Andrew Tobias (Author)
4.6 out of 5 stars  See all reviews (117 customer reviews)
List Price: $14.00
Price: $11.20 & eligible for FREE Super Saver Shipping on orders over $25. Details
You Save: $2.80 (20%)
o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o
In Stock.
Ships from and sold by Amazon.com. Gift-wrap available.
Want it delivered Tuesday, August 3? Choose One-Day Shipping at checkout. Details
44 new from $4.09 90 used from $0.06

Formats

 Amazon Price New from Used from
Kindle Edition $4.79   -- --
Hardcover --   $84.00 $0.42
Paperback, Bargain Price $5.60   $5.60 $2.90
Paperback, January 3, 2005 $11.20   $4.09 $0.06
Mass Market Paperback --   $3.89 $0.01
Unknown Binding --   $47.46 $3.38

Frequently Bought Together

Customers buy this book with The Bogleheads' Guide to Investing by Taylor Larimore$12.89 

The Only Investment Guide You'll Ever Need + The Bogleheads' Guide to Investing
Price For Both: $24.09

Show availability and shipping details

  • This item: The Only Investment Guide You'll Ever Need by Andrew Tobias

    In Stock.
    Ships from and sold by Amazon.com.
    Eligible for FREE Super Saver Shipping on orders over $25. Details

  • The Bogleheads' Guide to Investing by Taylor Larimore

    In Stock.
    Ships from and sold by Amazon.com.
    Eligible for FREE Super Saver Shipping on orders over $25. Details

Customers Who Bought This Item Also Bought

The Bogleheads' Guide to Investing

The Bogleheads' Guide to Investing

by Taylor Larimore
4.8 out of 5 stars (70)  $12.89
The Wealthy Barber, Updated 3rd Edition: Everyone's Commonsense Guide to Becoming Financially Independent

The Wealthy Barber, Updated 3rd Edition: Everyone's Commonsense Guide to Becoming Financially Independent

by David Chilton
4.5 out of 5 stars (88)  $10.08
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)

by John C. Bogle
4.4 out of 5 stars (101)  $13.57
The Random Walk Guide To Investing

The Random Walk Guide To Investing

by Burton G. Malkiel
4.4 out of 5 stars (29)  $10.85
Contrarian Investment Strategies - The Next Generation

Contrarian Investment Strategies - The Next Generation

by David Dreman
4.1 out of 5 stars (48)  $18.48
› Explore similar items

Editorial Reviews

Amazon.com Review

Personal-finance guru Andrew Tobias slams online trading and praises the Roth IRA in his newly revised The Only Investment Guide You'll Ever Need. This investment bible remains as stimulating and meaningful as it was when it was first published 20 years ago. It's packed with ideas about stocks, living beneath your means, tax planning, retirement, and just about everything else in the financial world. And all of it is presented with Tobias's trademark brevity and ingenuity.

Last revised in 1995, the guide takes aim at a new game in town--online trading. By all means, use the Internet for buying a car or for research, Tobias says. But avoid cyberspace brokers, he says. Point and click enough and you will get slaughtered by commissions, spreads, taxes, and human nature. "It's so easy to click 'OK' a few times and make a $10,000 bet," he warns. "Look how mesmerized we become on a stool in front of a slot machine. Internet investing positively teases you to play." Tobias's favorite new entry is the Roth IRA, which allows you to withdraw your money tax-free when you retire. It's far better than a traditional IRA, he asserts. "Save yourself the trouble of agonizing over the choice and go with the Roth IRA," he writes. "Forget the worksheets." Sometimes caustic and always a skeptic, Tobias believes readers can shape their own financial futures. Just stick to the basics, he says. "By and large, you should manage your own money, via no-load mutual funds," he writes. "No one is going to care about it as much as you." It doesn't matter if it's 1978, 1998, or even 2008. The Only Investment Guide You'll Ever Need still is exactly that. Some things never change. --Dan Ring --This text refers to an alternate Paperback edition.

From Library Journal

You've probably got the original it was a million-copy best seller so here's a revised version covering new laws and the joys of the Internet.
Copyright 2001 Reed Business Information, Inc. --This text refers to an alternate Paperback edition.
See all Editorial Reviews

Product Details

  • Paperback: 312 pages
  • Publisher: Mariner Books; 1 edition (January 3, 2005)
  • Language: English
  • ISBN-10: 0156029634
  • ISBN-13: 978-0156029636
  • Product Dimensions: 7.9 x 5.2 x 0.8 inches
  • Shipping Weight: 7.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (117 customer reviews)
  • Amazon Bestsellers Rank: #15,262 in Books (See Top 100 in Books)
    #55 in  Books > Business & Investing > Investing > Introduction
    #28 in  Books > Business & Investing > Personal Finance > Budgeting & Money Management
    #21 in  Books > Business & Investing > Personal Finance > Retirement Planning

    •  Would you like to update product info or give feedback on images?

More About the Author

Andrew Tobias
Discover books, learn about writers, read author blogs, and more.

› Visit Amazon's Andrew Tobias Page
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Search Inside This Book:
Inside This Book (learn more)
Browse and search another edition of this book.
First Sentence:
Here you are, having just purchased a fat little investment guide we'll call Dollars and Sense, as so many investment guides are (although the one I have in mind had a different title), and you are skimming through idea after idea, growing increasingly excited by all the exclamation marks, looking for an investment you would feel comfortable with. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
only investment guide, random walk theory
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Social Security, Wall Street, Uncle Sam, Merrill Lynch, Dow Jones, Warren Buffett, Reese's Pieces, Treasury Direct, New York Stock Exchange, Peter Lynch, Dick Van Dyke, Harvard Business School, Sakoff Illustration Fund, Twentieth Century, United States Treasury
New!
Concordance | Text Stats
Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Search Inside This Book:
Citations (learn more)
This book cites 17 books:
See all 17 books this book cites
 
45 books cite this book:
See all 45 books citing this book

What Do Customers Ultimately Buy After Viewing This Item?

The Only Investment Guide You'll Ever Need
81% buy the item featured on this page:
The Only Investment Guide You'll Ever Need 4.6 out of 5 stars (117)
$11.20
The Bogleheads' Guide to Investing
8% buy
The Bogleheads' Guide to Investing 4.8 out of 5 stars (70)
$12.89
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)
4% buy
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) 4.6 out of 5 stars (172)
$14.95
The Neatest Little Guide to Stock Market Investing, 2010 Edition
3% buy
The Neatest Little Guide to Stock Market Investing, 2010 Edition 4.7 out of 5 stars (28)
$10.88
Explore similar items

Tags Customers Associate with This Product

 (What's this?)
Click on a tag to find related items, discussions, and people.
 
(25)
(12)
(8)
(5)
(3)
(3)
(2)
(2)
(2)
(1)
Agree with these tags?
See all 16 tags...

Your tags: Add your first tag
 
See most popular tags
 

Customer Reviews

117 Reviews
5 star:
 (84)
4 star:
 (22)
3 star:
 (7)
2 star:
 (2)
1 star:
 (2)
 
 
 
 
 
Average Customer Review
4.6 out of 5 stars (117 customer reviews)
 
 
 
 
Share your thoughts with other customers:
Most Helpful Customer Reviews

 
107 of 109 people found the following review helpful:
4.0 out of 5 stars A good place to start, September 11, 2002
By Chris J. Hudson "Chris Hudson" (San Antonio, TX, United States) - See all my reviews
(REAL NAME)   
This review is from: The Only Investment Guide You'll Ever Need (Paperback)
This is a good book. Tobias' main point is that you need to start saving 10% of your income, and he also gives advice on ways to cut costs and where you can put your money. I've read a lot of investing books and some of what he said was not new to me. However, I did learn some new things. Some parts of the book that I found helpful were Chapter 5 which explains Treasuries (bills, notes, and bonds). I also liked his advice in Chapter 10 about what to do if you fall into a large sum of money (Lottery or inheritance). There are also some useful resources in the appendices in the back of the book such as contact info for discount brokers, mutual funds, a compound interest chart, and finally a quick summary of his main point (save 10% of your income). I gave the book four stars instead of five because I don't agree with ALL of his advice, for example I do not believe in purchasing rental properties (too big of a headache), and I think that home equity loans are a BAD idea. Other than that, a great book.
Help other customers find the most helpful reviews  
Was this review helpful to you? Yes No


 
25 of 25 people found the following review helpful:
5.0 out of 5 stars Get rich slowly, June 6, 2005
By Tim Beazley (San Diego, CA United States) - See all my reviews
(VINE VOICE)   
This review is from: The Only Investment Guide You'll Ever Need (Paperback)
The book contains a wealth (hah!) of simple, sensible, wealth-building strategies. Perhaps even more important, it contains a wealth of simple, sensible, loss-avoidance strategies. And all of it is presented in an easy-to-read style, with humorous, self-deprecating stories that both enlighten and enliven. This is a seriously witty book!

Four points in particular that impressed me:

Tobias lists several kinds of investments that are so complex and have such a poor performance record that the only thing that most people need to know about them is that they should be avoided. That is very useful advice! Instead of wasting your time trying to become an expert in areas where even the experts lose money, you can spend your time more profitably in some other area.

Tobias examines the impact that taxes have on wealth-accumulation and proposes some simple strategies to avoid or minimize that impact, including IRA and 401(k) plans. That is very useful advice. Paying less taxes = accumulating more wealth.

Tobias discusses the effect that interest charges have and proposes some very simple strategies to avoid those too. That is also very useful advice. Paying less interest = accumulating more wealth.

Finally, regarding specific investments, Tobias provides some basic, common-sense strategies here, too. Tobias addresses some basic asset allocation issues, pointing out that some investments are very risky on a short-term basis, and it doesn't make sense to put short-term money in a risky investment. Tobias lists a few places where your short-term money will be safe. As for your long-term money, Tobias makes the common sense observation that investment returns cannot be predicted from year to year, but investment costs can be predicted. That being the case, it makes sense to choose low-cost investments, and Tobias lists some recommendations. That is also very good advice. Paying lower investment fees = accumulating more wealth.

In short it is possible -- and now, more than ever, it's necessary! -- for people to improve their financial position. This book helps show the average person how to accomplish that.
Help other customers find the most helpful reviews  
Was this review helpful to you? Yes No


 
35 of 37 people found the following review helpful:
5.0 out of 5 stars listen up kiddos, don't get too greedy, January 15, 2005
By Paul Skinner (Manassas, Virginia United States) - See all my reviews
This review is from: The Only Investment Guide You'll Ever Need (Paperback)
Andrew Tobias weaves through the dizzy world of T-bills, municipal bonds, alternative minimum taxes, and a host of esoteric personal finance topics. But the bottom line he preaches is simple: be happy living on less than you make, and save the rest in safe no load mutual funds, diversifying between domestic and international stocks. Tobias tries to assure most of us average Joes that we are a fool if we think we can outsmart the Warren Buffetts of the world, so don't go crazy speculating on individual stocks. At best, you will make a broker happy. At worst, you will lose your shirt. There now - I just saved you $14 you can add to your no load mutual fund account (lol).
Help other customers find the most helpful reviews  
Was this review helpful to you? Yes No

Share your thoughts with other customers: Create your own review
 
 
 
Most Recent Customer Reviews

5.0 out of 5 stars Fades come and go but princples stay the same
You should already know the basics: never borrow money for depreciating assets, always spend less than you earn, plan and save for expected expenses, and invest for the future... Read more
Published 12 days ago by Magic Jack

5.0 out of 5 stars engaging intro...
to investing... maybe outdated... but then... that's actually valuable... since the most important aspects of investing haven't changed in millennia.
Published 26 days ago by dog-walker

5.0 out of 5 stars Awesome book for beginners
I bought this book with very little knowledge of various types of investments and lot of unsolisited advice on how i should handle my money coming from a million different... Read more
Published 5 months ago by SamRJA

4.0 out of 5 stars Pays for itself with the first chapter
I decided to pick up this little gem of a book after reading John Train's The Craft of Investing for a third time. Mr. Read more
Published 5 months ago by Gregory McMahan

5.0 out of 5 stars Great starting point
This books an excellent starting point for someone trying to learn the basics of investing. I was expecting the book to be a little more advanced but I did buy this book for a... Read more
Published 6 months ago by M. Browne

5.0 out of 5 stars My Financial Bible
I've read a lot of financial books over the years, but this one is the basis for my whole orientation on money. Read more
Published 10 months ago by E. Eichman

5.0 out of 5 stars Common sense.
The Only Investment Guide You'll Ever Need is a surprisingly common sense book that deals with investing and well...common sense too. Read more
Published 13 months ago by Austin Somlo

4.0 out of 5 stars Practically required reading--even in 2010.
This was the first investment book I read, and it still stands out as one of the most commonsensical, though I'm afraid at a later stage of life--when questions about social... Read more
Published 14 months ago by Samuel Chell

5.0 out of 5 stars How could you afford not to read this book?
This book is everything there is for common sense spending. You can either read this book and avoid common costly mistakes or learn it hard way by committing those mistakes... Read more
Published 16 months ago by Vishwanath Prabhu

5.0 out of 5 stars Your Financial Security is Assured
Of this book The New York Time wrote:" So full of tips and angles, only a booby or a billionaire could not benefit". Read more
Published 17 months ago by Jusuf Hariman

Only search this product's reviews


Customer Discussions

This product's forum
Discussion Replies Latest Post
No discussions yet

Ask questions, Share opinions, Gain insight
Start a new discussion
Topic:
First post:
Prompts for sign-in
 


Active discussions in related forums
Search Customer Discussions
Search all Amazon discussions
   


Look for Similar Items by Category

Look for Similar Items by Subject

Search Books by subject:

















i.e., each book must be in subject 1 AND subject 2 AND ...
 

Feedback

If you need help or have a question for Customer Service, contact us.
 Would you like to update product info or give feedback on images?
Is there any other feedback you would like to provide?

Your comments can help make our site better for everyone.


Your Recent History

 (What's this?)

After viewing product detail pages or search results, look here to find an easy way to navigate back to pages you are interested in.