Sencbcc.org - Loans, Finance, Real Estate and Small Business

 Search
 Advanced SearchView Cart   Checkout   
 Location:  Home » Finance » General » The Smartest Investment Book You'll Ever Read: The Simple, Stress-Free Way to Reach Your Investment GoalsSeptember 6, 2008  


Categories
Loans
Finance
Mortgages
Real Estate
Buying a House
Selling a House
Foreclosures
Small Business
Starting a Business
Making Money
The Smartest Investment Book You'll Ever Read: The Simple, Stress-Free Way to Reach Your Investment Goals
The Smartest Investment Book You'll Ever Read: The Simple, Stress-Free Way to Reach Your Investment Goals
enlarge
Author: Daniel R. Solin
Publisher: Perigee Trade
Category: Book

List Price: $19.95
Buy New: $3.69
You Save: $16.26 (82%)
Buy New/Used from $3.69

Avg. Customer Rating: 4.0 out of 5 stars(33 reviews)
Sales Rank: 22505

Languages: English (Original Language), English (Unknown), English (Published)
Media: Hardcover
Number Of Items: 1
Pages: 192
Shipping Weight (lbs): 0.5
Dimensions (in): 8.8 x 6 x 0.8

ISBN: 0399532838
Dewey Decimal Number: 332.678
EAN: 9780399532832
ASIN: 0399532838

Publication Date: November 7, 2006
Availability: Usually ships in 1-2 business days

Editorial Reviews:

Product Description
Achieve financial security in 90 minutes or less.

Daniel Solin cuts through financial propaganda to show readers exactly how assets should be invested, using trusted, brand name fund managers like Fidelity and Vanguard. Solin's easy-to-follow plan allows investors to create and monitor their portfolios in 90 minutes or less a year, explaining how to assess risk and how to allocate assets to maximize returns and minimize volatility. Readers will also learn how to avoid the biggest mistakes investors make, from buying into media hype to giving their hard earned cash to hyperactive brokers and investment advisors.



Customer Reviews:   Read 28 more reviews...

5 out of 5 stars The Smartest Investment Book You'll Ever Read   August 29, 2008
I love this book. It is informative, not too technical, tells you when you can skip a section of reading, and gives advice that makes sense. It's also an easy read - I read it in a few hours.


1 out of 5 stars AVOID THIS BOOK   August 20, 2008
  0 out of 1 found this review helpful

This book can be summed up rather easily: beware of anyone trying to sell you investment advice (including this book) and whatever you do, never buy anything other than an index fund. There, I just saved you the hassle of buying the book. I wish I could find my receipt and had the conscience to return a book that I read and wasted my money on. I exaggerate a tad, but not much. If you are looking for any real insight into uncovering the emotional process (a key to success), how to recognize real danger and opportunity etc. - pursue another book or you are doomed to make the same mistake I did.

I won't even challenge any of his premises (though index funds have had a rough go recently), or ideas per se, but if you don't know the information conveyed in this book, in my opinion you have no business putting money in the market just yet. Instead you need to make an effort to educate yourself - particularly you should study and recognize the emotional traits most of us have to battle that can hinder performance.

Maybe, only maybe, will a novice investor find this book revealing or useful (which should include warning bells alerting yourself that you aren't ready to invest). If you truly are lazy and need reassurance that index funds aren't a bad choice, spend your money, but be advised that much of this info is available for free if you spend the time looking for it. The mere size of the book indicates that more valuable information could have been easily added. As you can tell, I feel ripped off and wish I had spent a few minutes at the store pre-reading this thing. I admit I fell for the accolades on the back of the book. D'oh!!



3 out of 5 stars Simple and sound advice, not much content   April 25, 2008
  4 out of 4 found this review helpful

Sometimes the simple approach turns out to be the tactic offering the most beneficial results, and as Solin describes in this book, that is certainly the case with long term investing. Unfortunately, Solin's book, also simple in its approach, does not have the luxury of this principle.

This book does not present any profound strategies or anything that will offer you advice regarding short terms gains. Solin spends the full length of this book explaining in detail why hyperactive brokering does not work and why indexing is the proper advice for long-term growth and returns. Although the advice in this book could be easily condensed, this is not to say Solin is long winded; he merely spends a lot of time on the details of why managed funds are generally inferior.

The advice is sound and well described; however, the material in the book merely regurgitates a common and well known theme in investing; the vast majority of managed funds statistically do far worse than indexed funds over the long term. I would imagine the book would be worthwhile to anyone brand new to investing, but considering the title, this book is far too thin to come remotely close to being the smartest investment book available.



5 out of 5 stars Better than Mom's Apple Pie   September 29, 2007
  0 out of 1 found this review helpful

Most financial books are more complicated than Japanese arithmetic. This is actually understandable and the advice is rock-solid. If you have only one book on investing this should be it.


4 out of 5 stars This is for some...   August 8, 2007
  0 out of 1 found this review helpful

The Smartest Investment Book You'll Ever Read (Unabridged)This book is for certain investors who do not want to
be daily envolved in investing.It is easily understood and can have
real meaning for that group of people



Powered by Associate-O-Matic