Top positive review
A Simple Guide to Financial Investing - A Definite MUST READ!
Reviewed in the United States on January 14, 2016
I have read a lot of finance books through the years. One thing I notice is - generally, at some point in most or all of these books, I become confused. Sometimes the language is confusing, the recommendations too complex to follow, or the concepts don't make sense to me. I always try to take notes, create graphs, google all the concepts - and usually toss the book into a corner in frustration. My portfolio remains the same and I turn back to Amazon and my on-line library to search again. I also get the sense that the author either is trying to sell me something or is intent on proving him or herself as a wall street "wizard."
Then, a few weeks ago, I picked up Allan Roth's book. Mr. Roth has a engaging writing style - this book tells the story of his son, who received some money from a relative, and how he used this gift to teach him lessons about building a solid portfolio.
In How a Second Grader Beats Wall Street, Mr. Roth walks us through those same lessons: finding solid but reliable returns through no load mutual funds, keeping an eye on taxes while investing and staying the course by not jumping in and out of investments. Keep it simple, he says.
And so, for the first time, I discovered a book that made sense to me. I finished this small guide and was able to develop a very simple outline of what I could do with my savings and retirement funds. I feel comfortable with my decisions and now know the steps I needed to take to get my funds in the right places. I will be putting that plan into place this upcoming week and look forward to "staying the course."
If you are someone who is tired of trying to interpret thousands of financial "experts" recommendations into a simple and effective plan for your money, whether you have $1000 to spare or $10,000, buy this book. I think you won't regret it.