The Only Investment Guide You'll Ever Need: Revised Edition

The Only Investment Guide You'll Ever Need: Revised Edition

  • Downloads:8667
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2022-05-06 01:19:37
  • Update Date:2025-09-06
  • Status:finish
  • Author:Andrew Tobias
  • ISBN:0358623464
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

Fully Updated! Covering cryptocurrency and NFTs, Robinhood, GameStop, the after-effects of COVID, and how climate change impacts investing。

The Only Investment Guide You'll Ever Need has been a favorite finance guide, earning the allegiance of more than a million readers across America。Using concise, witty, and truly understandable tips and explanations, Andrew Tobias delivers sensible advice and useful information on savings, investments, preparing for retirement, and much more。 This completely updated edition will show you the best way to manage your money, no matter what your means。

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Reviews

Travis Walker

About the best book you could read for personal finance。 It could have spent more time explaining some key financial concepts but it really gives most people all they would need to manage their money。

Jennie

This book is written by a man who likes to play the stock market - that much is obvious, and a lot of the book seems to convince you to do as he says and not as he does, though he has followed his own frugality advice, I think。I thought the beginning of the book was quite helpful, talking about how to reduce expenses, and increase your money by spending less。 That also was the part of the book that told me the least what I needed to hear, as my love and I have been practicing frugality, and lear This book is written by a man who likes to play the stock market - that much is obvious, and a lot of the book seems to convince you to do as he says and not as he does, though he has followed his own frugality advice, I think。I thought the beginning of the book was quite helpful, talking about how to reduce expenses, and increase your money by spending less。 That also was the part of the book that told me the least what I needed to hear, as my love and I have been practicing frugality, and learning to stretch every penny, though I still did find the encouragement to buy in bulk and at discounts something that I definitely want to take on board, particularly since my current shopping allows me to get a 10% discount from my shopping each month。 It just made me think differently about how to structure the buying of long term staples in order to save the most on them。The rest of the book was still readable and relatable, though he did at times still talk about the stock market and things withing it without really introducing what he was talking about。 This is definitely a book directed to American readers, and so the information was not necessarily as relevant to me living in Australia。 (Tax brackets are difference, retirement plans different, social safety nets different)。 It did make me curious to find a book that spoke about these things in more detail in Australia, however。I thought he gave good advice for how to perform best in the stock market - his main message to buy a no load, very low fee mutual or index fund, and basically just set it and forget it, contributing to it regularly, and otherwise not paying it much attention。 He glossed over real estate as an option, but I thought he perhaps discounted too much the opportunities that there can be in real estate, and I was struck that he is someone who has elected to not go into real estate, and thus it's not his area of expertise。 Not a reason not to go for real estate, but certainly a reason for him not to try and advise you on it。 A few of his strategies I found interesting - the equal dollar investment, or something like that, where you invest a certain amount, and but as many shares as will be possible at the time of buying based on the same investment。 In this way, you will end up buying more shares at a lower price。 I thought that was rather clever, so that was a helpful idea。 He also suggested investing across global markets, because if you are invested across the markets, a crash in the US market does not necessarily mean one in Europe, or Japan, or wherever else。 It is a way to spread risk。 I found that compelling as well。Overall I thought it was interesting, and a way to set up a very conservative portfolio, but without the power of leverage that you get through real estate investing。 He said of real estate investing that he sees it as a part time job, not an investment。 I can understand where he is coming from, because structuring deals, finding the right professionals etc。 is work that must be done, but once that has been done, your property manager will for the most part manage your portfolio。 It may not been quite as low effort as a mutual fund, but the benefits surely outweigh。He suggested at one point you could take on a part time job to increase your income - why not make that 10-15 hours something that will net you even more through leverage? 。。。more

Bárbara moreno

Do not even think of investing your hard earned money in most of this bitcoin companies。 I have a cumulative sum of $30k lost to this dingbats。 I was given directives to contact Bittradeix dot com that action of reaching out to them changed my sad story They helped retrieve my lost capital and a significant portion of my ROI 。 If you have an opportunity to earn a consistent passive income through the biggest performing assets of the decade, from the comfort of your home or office, i think bittra Do not even think of investing your hard earned money in most of this bitcoin companies。 I have a cumulative sum of $30k lost to this dingbats。 I was given directives to contact Bittradeix dot com that action of reaching out to them changed my sad story They helped retrieve my lost capital and a significant portion of my ROI 。 If you have an opportunity to earn a consistent passive income through the biggest performing assets of the decade, from the comfort of your home or office, i think bittradeix is the best place to do that 。。。more

Shelby Kisgen

I was super overwhelmed by all the options for investing and what step should come first and I now have a very actionable plan! I took Dave Ramsey's course a few years ago and it was good in a basic, common sense way but it didn't really help me much figure out actual investment/growth, and this book approaches it in a hilarious, no-nonsense, don't panic tone which I appreciated。 I was super overwhelmed by all the options for investing and what step should come first and I now have a very actionable plan! I took Dave Ramsey's course a few years ago and it was good in a basic, common sense way but it didn't really help me much figure out actual investment/growth, and this book approaches it in a hilarious, no-nonsense, don't panic tone which I appreciated。 。。。more

McKenzie

I had seen this book recommended online, and did not realize before starting that it was published in 2005。 While the fundamentals of investing are still the same, the overall world has changed so much in the past 16 years that parts of this book were woefully outdated。 I admit to skimming entire sections, but appreciated Tobias' candor in recommending or not recommending specific types of investments or life insurance policies。 If you're looking for a more recent introduction to investing, I'd I had seen this book recommended online, and did not realize before starting that it was published in 2005。 While the fundamentals of investing are still the same, the overall world has changed so much in the past 16 years that parts of this book were woefully outdated。 I admit to skimming entire sections, but appreciated Tobias' candor in recommending or not recommending specific types of investments or life insurance policies。 If you're looking for a more recent introduction to investing, I'd recommend Broke Millennial Takes on Investinginstead。 。。。more

Leilani

The idea behind this book is that you will learn everything you shouldn't do when investing your money, along with a few tried and true tips for things you should do。 This means I had to hear about a bunch of stuff I didn't care about, like private equity funds, hedge funds, stock options, commodity futures, and even options on futures。 If you're in deep in financial derivatives, either you're the middle person trying to make a buck off investors, or you're gambling with your investments。 Either The idea behind this book is that you will learn everything you shouldn't do when investing your money, along with a few tried and true tips for things you should do。 This means I had to hear about a bunch of stuff I didn't care about, like private equity funds, hedge funds, stock options, commodity futures, and even options on futures。 If you're in deep in financial derivatives, either you're the middle person trying to make a buck off investors, or you're gambling with your investments。 Either way, no thanks。 Also, I love how he talks about all the different bond options but in the end basically says: only buy US treasuries or bond index funds, otherwise don't bother with bonds 😂。There are some cute tips for teaching kids important personal finance lessons。 And I agree with his assessment of taxes and social security (cautiously supportive)。 However, he doesn't give many investing examples with women, or very few。 I remember hearing of a couple examples in the appendix but that's it。 Also, he gives some questionable advice at times, such as purchasing equal weight index funds rather than market weight index funds。 The whole point of investing in market weighted index funds is to have a fund that simulates the entire market, not to try and beat the market。 Also, if you are using a buy and hold strategy and you are in the growth phase of investing, you should not have a need for tax loss harvesting, unless your asset allocation becomes horribly imbalanced for some reason (which he doesn't talk about)。 In general he recommends a lot of things to do and not do, but not a lot of reasoning as to why you do them that way (or not)。 His directions also lack sufficient details to be actionable。Overall, I'd say I have definitely read better investing books。 If you want to learn more about the terrors of the stock market, read A Random Walk Down Wall Street。 If you want comprehensive and detailed investing advice, read the Bogleheads Guide to Investing。 Broke Millennial Takes On Investing is also another option。 Also be careful taking his advice if you do read this book。 He clearly has been given questionable advice from so called wall street geniuses that I'm highly skeptical of。 。。。more

Andrea

Lots of very helpful info and pretty thorough。But this guy is not a good writer- his writing style is rather obnoxious and he isn’t very concise or clear about defining the basics for those of us not super knowledgeable in this area。

Fetcher

Book was ok。 Had some good points, but I Didn’t really care for the authors style。 Better investment books and authors。

Mukund

Somethings are not relevant for non US folks, but overall a good read。 Some sections of this book are very useful。

Lori

Good guide for investment and money management for the beginner。 And I thought I was the only one who would request higher mg from Dr。 and cut in half for correct dosage in order to save money and get more out of myinsurance carrier, that only allotted 10 pills per month。 Good review to guidelines I already knew。

Jack Dustin

Great actionable items for now and when you have the capability to do more。 It creates simple actions steps for whatever stage of investments you are currently in。

مشعل

كتاب مشهور، حلو و مُسَلِّي。 قرأته بسبب توصية من فيديو بيوتيوب لـ مارك كيوبان، مالك فريق دالاس ماڤريكس。 الكتاب جيّد وفيه نكت مضحكة。 منها (مترجمة بتصرف):"وسيط مالي يتصل على عميله لمدة أربع سنوات، وكل سنة يعطيه توصية على سهم ويطلع خشاش。 في خامس سنة، أتصل العميل على وسيطه وقاله: شف، ما أدري عن وضع الأسهم اللي قاعدين نشتريها، أحس أفضل لو نحط الفلوس بسندات。 رد عليه الوسيط: أوكي، تمام… لكن تراي ما أعرف شيء عن السندات。"😂الكتاب يتكوّن من ثلاث أجزاء。 الأول وهو الأكبر يخص الادخار وكان جيد ولكن ممل في بعض كتاب مشهور، حلو و مُسَلِّي。 قرأته بسبب توصية من فيديو بيوتيوب لـ مارك كيوبان، مالك فريق دالاس ماڤريكس。 الكتاب جيّد وفيه نكت مضحكة。 منها (مترجمة بتصرف):"وسيط مالي يتصل على عميله لمدة أربع سنوات، وكل سنة يعطيه توصية على سهم ويطلع خشاش。 في خامس سنة، أتصل العميل على وسيطه وقاله: شف، ما أدري عن وضع الأسهم اللي قاعدين نشتريها، أحس أفضل لو نحط الفلوس بسندات。 رد عليه الوسيط: أوكي، تمام… لكن تراي ما أعرف شيء عن السندات。"😂الكتاب يتكوّن من ثلاث أجزاء。 الأول وهو الأكبر يخص الادخار وكان جيد ولكن ممل في بعض الأمور ومتطرّف في غيرها。 بشكل عام، يفيد للي ماعنده ثقافة ادخار。 الجزء الثاني يخص سوق الأسهم، ويشرح فيها المصطلحات والأدوات المالية الموجودة، وينصح بشكل عام بالاستثمار في صناديق المؤشرات، ويفضّل بعد لو تقدر تختار الصندوق اللي يركز على الشركات الجيدة ويترك السيئة يكون أفضل。 وكذلك تقدر تستثمر في جميع شركات المؤشر بكميات متساوية بدلاً من كميات تعتمد على وزن الشركات في المؤشر، بمعنى أن تكوّن صندوقك الشخصي للمؤشر وتتفادى مصاريف الإدارة。 لكن بشكل عام، الاستثمار الخامل في المؤشر هي الطريقة المثلى والسهلة。 الجزء الثالث والأخير عن التخطيط المالي للعوائل وأمور الوراثة والتركة。 ينصح بتعليم الأطفال أهمية الادخار والاستثمار، وكذلك كيف التخطيط للتركة وحمايتها من مصاريف الاجراءات والضرائب。خلال الكتاب، تخطيت كذا فصل يخص الضرائب وكيف تجنبها، لأن ماكانت تهمني。 。。。more

Rick Fath

Entertaining read and a good overview of investment options with funny commentary。 I think the only rub here is that the book is about 15 years old

Becky

The introductory 1/5 is not investment related and is what I'd call filler, but it may be useful to those trying to cut expenses。 The investment section would be helpful to newbies。 The introductory 1/5 is not investment related and is what I'd call filler, but it may be useful to those trying to cut expenses。 The investment section would be helpful to newbies。 。。。more

Nick Iwan

Awesome book, always hard getting into something that’s more like a school textbook but after persisting through the very ‘American’ first few chapters, it became something I actually enjoyed reading and Gave me an overall insight into how everything works, which I’m appreciative for。

Chris Boutté

The title of this book is super bold and putting a lot of pressure on itself to live up to the title's expectation。 After finishing this book, I can honestly say that Andrew Tobias nailed it with this title。 This book covers everything you need to know about investing, and when I say "everything", I mean EVERYTHING。 As a newer investor, I've read dozens of books, and Tobias manages to consolidate everything into this one book。 I learned more from this book than two or three books combined。 Not o The title of this book is super bold and putting a lot of pressure on itself to live up to the title's expectation。 After finishing this book, I can honestly say that Andrew Tobias nailed it with this title。 This book covers everything you need to know about investing, and when I say "everything", I mean EVERYTHING。 As a newer investor, I've read dozens of books, and Tobias manages to consolidate everything into this one book。 I learned more from this book than two or three books combined。 Not only did this book cover various investment strategies, but it also taught me about taxes and some other subjects that other books gloss over。 I don't know if this book is the ideal read for the beginning investor, but after you have a basic knowledge, it's definitely a must-read。 。。。more

Ritvik Thakur

I read this book to get an introduction into the world of investing, and it did provide some valuable insights。 It doesn't go in to real specifics on many topics, but the introductions to topics is very helpful as I try to become acquainted into the field。1。 The scale of the financial markets is huge, and there are a bunch of useless investments to pursue。2。 I don't think I'll be getting into bonds all that much, stocks is where I will focus my study。3。 Long-run growth is the easiest type of gro I read this book to get an introduction into the world of investing, and it did provide some valuable insights。 It doesn't go in to real specifics on many topics, but the introductions to topics is very helpful as I try to become acquainted into the field。1。 The scale of the financial markets is huge, and there are a bunch of useless investments to pursue。2。 I don't think I'll be getting into bonds all that much, stocks is where I will focus my study。3。 Long-run growth is the easiest type of growth, and a few smart moves will yield security in the long term。4。 Being smart with expenses can help immensely with savings; I was familiar with a lot of the personal finance management tips, but I loved the section on saving on the little things。5。 Get into investing early, compound interest is amazing; this can be applied to knowledge in the financial market as well, get started early。6。 Get a Roth IRA soon7。 This book isn't really for learning about trading; it is more of a long term security starter, but long term investments and some diversification is important。8。 Being prudent is important; I like to think I am。 。。。more

Fred

Read this years ago。 It’s a classic。 Basic guide to personal finance。

David Tapia

Overall good, but some parts outdated。Great book for young adults and teenagers, even older adults will get some good nuggets of info。 A bit outdated, should update a lot of the examples with trading sales commissions , since most trading accounts did away with that。 Later edition author felt he needed to interject his political views which didn't flow with the rest of his book。 Overall glad I read it and even got some wine drinking tips! Overall good, but some parts outdated。Great book for young adults and teenagers, even older adults will get some good nuggets of info。 A bit outdated, should update a lot of the examples with trading sales commissions , since most trading accounts did away with that。 Later edition author felt he needed to interject his political views which didn't flow with the rest of his book。 Overall glad I read it and even got some wine drinking tips! 。。。more

Joshua Cain

This was a good book for beginners。 It lays some great foundations and has some great tips。

Andee Johnson

Great book。 I learned a lot about investing and finances and found his writing style to be easy to understand and enjoyable。

Lance Howard

Enjoyed the ideas on how to build wealth and manage your finances。 Easy to read and follow along。 If you're struggling with money, he has some good ideas to help。 Enjoyed the ideas on how to build wealth and manage your finances。 Easy to read and follow along。 If you're struggling with money, he has some good ideas to help。 。。。more

Chris Ginther

B

Jon

So, the funny thing about this book is that, despite the title, it exists in at least four or five editions, the first of which was written in 1978, and of which I own(ed) a copy。 I remember reading it in the mid-80s, and thought it was great。 The personal finance ideas that I was able to take away from it worked well - I think he was the first person who ever mentioned no-load mutual funds in anything I was reading。 Of course, I could never find a financial planner that would sell me any, they So, the funny thing about this book is that, despite the title, it exists in at least four or five editions, the first of which was written in 1978, and of which I own(ed) a copy。 I remember reading it in the mid-80s, and thought it was great。 The personal finance ideas that I was able to take away from it worked well - I think he was the first person who ever mentioned no-load mutual funds in anything I was reading。 Of course, I could never find a financial planner that would sell me any, they always wanted to earn their commissions selling me front loaded, poorly performing funds。When I saw this book was out again, in a 2010 edition, I thought it would be wonderful to read it, then re-read my old copy, and do a point by point comparison of the books, noting which strategies he had recommended earlier had worked and/or were still working。 Alas! I was unable to find the old dusty tome in the stacks of boxes in my attic, but, Boy! if it ever turns up。。。Tobias manages to cover just about every topic imaginable in the areas of personal finance and investment, and makes them all so clear and accessible。 If you know nothing about money, this would be a good book to start with。There's none of the get-rich-quick philosophy here - in fact, he makes fun of a lot of those types of "plans"。 He starts with the basics of budgeting and frugality - mentioning that, at least for most of us, it's easier to save a dollar than to earn an extra one, especially when taxes are taken into account。 One of his favorite ways of beating inflation is to buy things that you are going to consume regularly by the case, at a cheaper price。 I've tried to do that for years, only being limited by the size of my pantry。I don't often find new, useful tax strategies at my age and given my fairly stable income and deductions, but he talked about one that got me to thinking a bit。 If you're on the edge of being able to itemize your deductions vs。 taking the standard deduction, he recommends that you try staggering your deductions on alternate tax years。 For example, if you do a lot of charitable giving, but not quite enough to get you above the standard deduction, you can put all the money you intend to donate in one year into a savings account, then write a check to your favorite charity right after the 1st of the following year。 During that year, you would contribute on a regular basis, and at the end of the year you would have twice as many charitable contributions to deduct as you had before in a single year, putting you over the threshold of the standard deduction。 The charity ends up with the same amount in their coffers to work with, and you get a better tax deduction every other year。This wouldn't work for me right now, but if I ever get the mortgage paid off, and lose that big interest deduction, it would definitely be worth considering。In a bit of a triple whammy, he talks about using audible books as educational tools, shows how to get them to download for free, and how to listen to them as motivation while you're exercising。 Mind, wallet, and body! Unfortunately for me, I hate listening to audible books。 I'm so accustomed to hearing books in my head in my own voice, at my own pace (like Alvin and the Chipmunks fast), that it drives me crazy to listen to books on tape - they put me to sleep; a bad thing when you're driving across Nevada。Tobias talks about going to the race track one time with his buddy, who was explaining to him how to handicap the races, place bets, and all of the minutiae。 When he saw a horse that paid off at 30 to 1, he excitedly showed it to his friend, who gave him the standard speech about why those were sucker bets。 He bet on the horse despite the odds, and it won the race! However, Tobias writes。。。"The point of all this - and I think you know it instinctively but I'll spell it out anyway - is that if I had bet the full $100 on Willow, Willow would surely have lost。 There is no way in the world that she would have won。"Ever looked back on a great investment you made and wish you'd bet the house on it? Remember Tobias and Willow。One cardinal rule that he mentions about buying (anything really, but stated in the section about the stock market) is one that all successful investors know by heart, but few are able to consistently follow, is "buy low and sell high"。 It's especially pertinent in times when prices are dropping like a rock, as in the most recent meltdown。 People tend to bail out of the market at precisely the wrong time, when prices are low。 It's nearly impossible to time the market, so as to always buy in the troughs and sell at the peaks, so the only thing that can save you is having a long term strategy and a plan in place for profit-taking。Just a note, Tobias talks about Bill Gross, an expert bond trader, who has consistently predicted that the Dow is about to crash - for decades。 Eventually, in every case, his prediction came true。。。but it always seems to come back。 There are a number of contrarian investors, like Gross, and Peter Schiff, who make their reputations this way。 It's not entirely a given, though, that following their advice will make you rich, it will merely make you right about once each decade。As a systematic and periodic (think dollar cost averaging) investor, Tobias says:"In truth, your fondest wish should be for a long and devastating bear market to begin right after you start your periodic investments。 If you are a systematic investor, you should welcome declines with open arms and a checkbook。 At the end of the day, when the market recovers, you'll be sitting pretty。"If you're properly diversified in the right type of equity funds, and your investment time horizon is long enough, you should never panic, just keep executing your plan over the long haul and ignore the noise of the media and all the pundits。Tobias says, "Invest-don't speculate。。。Buy value and hold it。 Don't switch in and out。 Don't try to outsmart the market。" Your profits can be eaten up rapidly by the double bite of sales charges and taxation。I also found some justification for the choice I made about dividend reinvestment。 I use a DRIP plan, where all of my dividends are reinvested immediately in the same stock。 I pay no commissions on these purchases, and it continually compounds my returns。 Tobias says, "for small investors it's (taking dividends in stock) actually quite a good deal - it makes more sense for substantial investors (not me) to take the cash and then decide on the optimum place to put it。"Written with a wry bit of humor and a comprehensive knowledge of finanical success, this one is a "must-read" for pretty much anyone。 I highly recommend the book。 I loved this edition just as much as the first。 。。。more

David

It's alright。 It familiarizes you with some of the investment vocabulary that you don't really need to know, at the expense of drawing out a short message into over 300 pages。 The organization of the material is also somewhat unintuitive, and the author lost me several times going off on tangents。Unless you are curious about some of the fringe investment vehicles that you should never use, save some time and read the much more direct "That Thing Rich People Do" by Kay Thomas。 It's alright。 It familiarizes you with some of the investment vocabulary that you don't really need to know, at the expense of drawing out a short message into over 300 pages。 The organization of the material is also somewhat unintuitive, and the author lost me several times going off on tangents。Unless you are curious about some of the fringe investment vehicles that you should never use, save some time and read the much more direct "That Thing Rich People Do" by Kay Thomas。 。。。more

HBalikov

Tobias packs a lot into this book and it’s not like having to take a spoonful of icky medicine。 He is practical, conversational and very good at explaining。Even if you are getting some financial advice, Tobias helps you to frame the questions you should be asking。 My copy is about 15 years old but still relevant on most issues。 The biggest weakness? Right now interest rates are near all-time lows。 His discussion of annuities (and, perhaps, other related matters) does not take this fact into acco Tobias packs a lot into this book and it’s not like having to take a spoonful of icky medicine。 He is practical, conversational and very good at explaining。Even if you are getting some financial advice, Tobias helps you to frame the questions you should be asking。 My copy is about 15 years old but still relevant on most issues。 The biggest weakness? Right now interest rates are near all-time lows。 His discussion of annuities (and, perhaps, other related matters) does not take this fact into account。 Tobias is offering advice on risk and not telling you how to become rich。 It is more about holding on to what you have sweated for。 The contents are arranged in a logical fashion and the index makes it easy to find what you are looking for。 。。。more

Firat Fidan

Okuması kolay ve anlaşılır。 Finans bilgisi olmayanların dahi kolaylıkla anlayabileceği yatırım araçlarından bahsediliyor。 Sabırla yapacağınız her yatırımın mutlaka karşılığını alabileceğinizi örneklerle gösteren bu kitabı okumanızı tavsiye ederim。 Bildiklerinizi pekiştirmek için de okuyabileceğiniz güzel bir haftasonu kitabı 👍🏾

James Patrick

The first step to responsibly investing is to responsibly understand money and the basics of saving。 This book is a really great introduction to financial responsibility, financial decision-making, and an introduction to safe stock investment。The goal of this book is for the reader to make decisions that will allow them to retire。 It is not to make it easy for a reader to make large bets and come out on top。I found the book to be really honest and refreshing。 You won't find secrets of day trader The first step to responsibly investing is to responsibly understand money and the basics of saving。 This book is a really great introduction to financial responsibility, financial decision-making, and an introduction to safe stock investment。The goal of this book is for the reader to make decisions that will allow them to retire。 It is not to make it easy for a reader to make large bets and come out on top。I found the book to be really honest and refreshing。 You won't find secrets of day traders in here。 Instead you'll find pragmatic advice that works for the majority of people in the majority of situations。 It's a good book 。。。more

Ben

4 stars! “A very basic thing to know about your money is that, over the really long run, people who buy equities—stocks—will almost surely make a lot more money (if they’re at all sensible in how they do it) than people who make “safer” investments。” Actually read this one after a recommendation from YouTube, from none other than multi billionaire Mavs-owner Mark Cuban, who claimed this was the best investment book he has ever read。I don't know if this is the 4 stars! “A very basic thing to know about your money is that, over the really long run, people who buy equities—stocks—will almost surely make a lot more money (if they’re at all sensible in how they do it) than people who make “safer” investments。” Actually read this one after a recommendation from YouTube, from none other than multi billionaire Mavs-owner Mark Cuban, who claimed this was the best investment book he has ever read。I don't know if this is the best investment book Ihave ever read but i get it's charm: it's full of humor, common-insight bubble breakers and investment insights。 I love how at times the book 'takes you by the hand' and at times you receive more of the Macro view。Actually took some solid advice from this one。READ IN ENGLISH ON MY KINDLENew Words I Learned:BrevityCopaceticIntrinsic Until next time! 。。。more

Saurabh Jha

This gratuitously titled book explains in an easy-to-understand language the simple rules of personal money management。 It does not contain much financial jargon and it is more about how one can save money, how to grow it, and so on。This book is divided into three parts: personal savings, retirement accounts, and stock market。 Rather than being a comprehensive overview of each area, it contains a simple explanation of how these work and how one can use them to improve their financial present and This gratuitously titled book explains in an easy-to-understand language the simple rules of personal money management。 It does not contain much financial jargon and it is more about how one can save money, how to grow it, and so on。This book is divided into three parts: personal savings, retirement accounts, and stock market。 Rather than being a comprehensive overview of each area, it contains a simple explanation of how these work and how one can use them to improve their financial present and future。The only drawback of this book is its US specific so you may need to translate some things (particularly about retirement accounts) to your situation。 。。。more