Note: I received a copy of this book in exchange for an honest review. Thank you, ClydeBank Media!
Oh, boy. This was a good book overall, but I definitely have some Opinions on it.
First, the good.
1. This is truly an absolute beginner's guide to investing. When many books say that they're a beginning guide to fill-in-the-blank topic, a lot of times they're only sort of right in that they expect you to know some definitions and some basic idea of the topic already. Not so with this book. Probably the book's greatest strength is that it starts from the very beginning. In that vein...
2-3. I loved how the first few chapters had really great fundamentals of investing, including really great definitions and little story problem math examples on how the various items worked.
3. The chapter on various financial statement analysis metrics was another very good introduction to the topic.
4. He had a really good emphasis on not freaking out when your investments are down and selling off based on feelings. Buy low, sell high is a fundamental that you cannot go wrong on. It's just figuring out the highs and lows that can get ya, as is the way that "traditional" investing works.
And the weaknesses. For the sake of full disclosure, many of these items I consider to be weaknesses because I do not agree with the author's strategy of investing. I'll explain as I go.
1. Throughout the book, I felt really confused as to whom this book was meant for. The beginning chapters had all the great definitions and story problems. There was another chapter where he talked about how he as a financial advisor wasn't snobby enough not to want to advise middle class people (vs those advisors that only accept people with over a certain threshold to invest). Those things made me think that this was for the Average Joan like me who wants to save for retirement. But then, there was this whole long chapter on derivatives, futures, options, etc. His warning about how risky these instruments are was not as fear-inspiring as I felt it should have been had this truly been a book for the Average Joan like me. Which also leads into...
2. YOU CANNOT HAVE A DISCUSSION ABOUT ROTH IRAS WITHOUT DISCUSSING NOW VS FUTURE TAX RATES. I'M SORRY, BUT YOU CANNOT. Seriously. The author does not misstate the benefits of Roth IRAs in that their growth is not taxable, but you also have to take into account that if you're waiting until retirement to pull from the Roth, you will PROBABLY have a lower tax rate by then (in which case you should think about putting the bulk of what you can into traditional IRA so that you pay less money in taxes OVERALL IN YOUR LIFETIME.
3. Here's where we get into critiques because I do not agree with the author's overall strategy. The author believes that "The mark of an excellent investor is to consistently outperform the market." Over time, the total stock market average growth is 8%. Why shouldn't I just come up with a good asset allocation and just invest my money in a total stock market index fund?? As the Average Joan investor, I don't have time to perform fundamental analysis for every stock I pick, and I am certainly not going to have any sort of information that gives me any insight that people who actually do this for a living will have. The author briefly mentions indexes, but he doesn't present a compelling case either for or against them. Which brings us to....
4. Fees. There is a short discussion of mutual funds/index funds, but there is NOT ENOUGH EMPHASIS on how actively traded funds include all sorts of micro fees and commissions and everything that absolutely DEVASTATE your investment growth over time. There is no discussion on the numbers behind why you want a fund that has 1% or less in fees as well as being a fund that doesn't generate a high trading volume (back to point 3: as the Average Joan investor, I buy and hold because I'm literally investing in the ENTIRE stock market with my low-cost index fund. Unless the literal apocalypse comes, I'm betting with my money that the market will rally over the long term, and I'd rather have the stability of the entire stock market than have to make guesses about what's going to go up and down in an attempt to beat the market).
5. The author overstates the benevolence/effectiveness of financial advisors. To be fair, he did mention that you should expect your advisor to have an ethics statement as well as to be fully transparent about their fees. However, he did not emphasize enough that they need to be EXPLICIT about whether they are legally required to act as your fiduciary or not. If they're not your fiduciary, there is no incentive for them not to push you into riskier investments where they might have a commission you don't know about. I do concede his point that advisors potentially help keep a client from selling off in times of panic, but you have to have the right advisor.
6. There is a cursory chapter on FIRE at the end of the book. Which is fine, but....due to his own interests of being a financial advisor (and therefore wanting your business to come to his company) there is no discussion on the actual fundamentals about how most FIRE people go about it. There's no discussion of the benefits of index funds and no discussion on safe withdrawal rates (which I consider to be two of the most fundamental parts of most FIRE plans).
So there you have it. As a "traditional" investment book (i.e. pick your specific stocks, use an advisor, etc.) this is a good book. But when there's so much data out there on how likely it is that you will consistently beat the market with your individual investments (view spoiler) I'm just not convinced that my total stock market index fund will be any worse than the alternative. In the words of John Bogle in The Little Book of Common Sense Investing, “Don't look for the needle in the haystack. Just buy the haystack!”

Investing QuickStart Guide: The Simplified Beginner's Guide to Successfully Navigating the Stock Market, Growing Your Wealth & Creating a Secure Financial Future
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©2018 ClydeBank Media LLC (P)2018 ClydeBank Media LLC
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Product details
Listening Length | 6 hours and 11 minutes |
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Author | Ted D. Snow CFP MBA |
Narrator | Peter Bierma |
Whispersync for Voice | Ready |
Audible.com Release Date | September 21, 2018 |
Publisher | ClydeBank Media LLC |
Program Type | Audiobook |
Version | Unabridged |
Language | English |
ASIN | B07HKQJ66G |
Best Sellers Rank |
#12,119 in Audible Books & Originals (See Top 100 in Audible Books & Originals)
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Customer reviews
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4.5 out of 5
1,616 global ratings
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Reviewed in the United States on October 17, 2018
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474 people found this helpful
Helpful
Reviewed in the United States on February 26, 2019
I wish you all the best if you choose to purchase this book!
Verified Purchase
If you're completely new to the world of investing (I knew a lot of stuff prior to reading this book), you'll definitely find it useful. You'll have the opportunity to learn all the basic stuff: stock splits, P/E, metrics for fundamental analysis, types of securities, etc. The book design and appearance are solid, but the price could've been lower IMHO.
I wish you all the best if you choose to purchase this book!
I wish you all the best if you choose to purchase this book!

4.0 out of 5 stars
Best for novice investors!
By Tagir Nagumanov on February 26, 2019
If you're completely new to the world of investing (I knew a lot of stuff prior to reading this book), you'll definitely find it useful. You'll have the opportunity to learn all the basic stuff: stock splits, P/E, metrics for fundamental analysis, types of securities, etc. The book design and appearance are solid, but the price could've been lower IMHO.By Tagir Nagumanov on February 26, 2019
I wish you all the best if you choose to purchase this book!
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91 people found this helpful
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Reviewed in the United States on November 19, 2018
Verified Purchase
Best use for this book is as a weekend crash-course in markets & investing tools for people who know next to nothing. He does a good job of explaining the more modern developments in investing like ETFs and Index funds, but beyond this, you really need to do more research into the specific investment tools. There is a segment on robo-advisors as well, but again you'll need to use this as a basic intro then do further research. I recommend novices to read the book, but borrow it from a library or from somebody else.
75 people found this helpful
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Reviewed in the United States on October 30, 2018
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This is a fantastic book for someone looking to start investing. It does a great job of not just explaining how everything works, but teaching the reader how to go about trading. One point that I really like about this book is that it is not a sales pitch. A lot of investment books today have an underlying sales pitch to purchase an authors program. Not this book. It instead gives a broad overview of the market while touching on a few key strategies that have a proven track record.
48 people found this helpful
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Reviewed in the United States on November 25, 2018
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This book is extremely well-written and avoids most of the common mistakes investing books make. It describes each topic well and concisely -- without burdening you with too much detail on each topic.
The author highlights some of the most important aspects of investing such as living below your means, asset allocation, and avoiding common behavioral investing mistakes.
I would recommend this book to any new investor looking to get a high-level overview of investing concepts.
The author highlights some of the most important aspects of investing such as living below your means, asset allocation, and avoiding common behavioral investing mistakes.
I would recommend this book to any new investor looking to get a high-level overview of investing concepts.
25 people found this helpful
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Reviewed in the United States on October 1, 2018
Verified Purchase
So ClydeBank Media has several books and classes where they teach you skills. I extremely trust ClydeBank Media and their content. In the investment webinar my questions I asked were fully answered. The classes have a Facebook page you can also ask questions. Staff is very helpful and knowledgeable, Participate in the class. Really easy to understand concepts taught.
22 people found this helpful
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Reviewed in the United States on June 3, 2019
Verified Purchase
I couldn't get past the first two chapters because it became nauseating.
19 people found this helpful
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Reviewed in the United States on October 31, 2018
Verified Purchase
Very informative and the wordage is easy fora layperson. Truly makes the details of investing interesting.
17 people found this helpful
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nitesprite
4.0 out of 5 stars
Invest in Investing
Reviewed in the United Kingdom on December 12, 2018Verified Purchase
Not finished this yet hence 4 stars but so far a surprisingly accessible guide for the financial novice like myself. Thought provoking investment nuggets are spread throughout the book invoking a feeling of wanting more at the end of every read.
10 people found this helpful
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Jordan Ellis
5.0 out of 5 stars
Good
Reviewed in the United Kingdom on October 18, 2019Verified Purchase
Just what I needed for my brother for his college lesson. Thanks
3 people found this helpful
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Amazon Customer
5.0 out of 5 stars
As described
Reviewed in the United Kingdom on January 11, 2021Verified Purchase
As described- a good guide for beginners.
One person found this helpful
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Amazon Customer
2.0 out of 5 stars
Investing quick start wasn’t exactly that it was complicated
Reviewed in the United Kingdom on January 8, 2021Verified Purchase
Hi I know it must be late regarding this quick investing book, but as a novice I didn’t like the way the book was written I found it difficult to understand
I wish I hadn’t had bought it, I don’t know if it’s to late to return it
I wish I hadn’t had bought it, I don’t know if it’s to late to return it

2.0 out of 5 stars
Investing quick start wasn’t exactly that it was complicated
Reviewed in the United Kingdom on January 8, 2021
Hi I know it must be late regarding this quick investing book, but as a novice I didn’t like the way the book was written I found it difficult to understandReviewed in the United Kingdom on January 8, 2021
I wish I hadn’t had bought it, I don’t know if it’s to late to return it
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One person found this helpful
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Christiana Ladeinde
5.0 out of 5 stars
A certain MUST!
Reviewed in the United Kingdom on February 27, 2021Verified Purchase
I am LOVING this book! Makes - what would otherwise be - difficult and (possibly) boring information, accessible and engaging! This book is a MUST for individuals who are interested in investing with no prior experience or knowledge.