|
The Only Investment Guide You'll Ever Need | 
 enlarge | Author: Andrew Tobias
Publisher: Harvest Books
Category: Book
List Price: $14.00
Buy Used: $3.22
You Save: $10.78 (77%)
New (44) Used (31) Collectible (1) from $3.22
Avg. Customer Rating:  104 reviews
Sales Rank: 7749
Media: Paperback
Edition: 1
Number Of Items: 1
Pages: 312
Shipping Weight (lbs): 0.5
Dimensions (in): 7.9 x 5.2 x 0.8
ISBN: 0156029634
Dewey Decimal Number: 332.024
EAN: 9780156029636
ASIN: 0156029634
Publication Date: January 3, 2005
Availability: Usually ships in 1-2 business days
|
| Also Available In:
|
| 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
Product Description
For more than twenty-five years, The Only Investment Guide You'll Ever Need has been America's favorite finance guide, winning the allegiance of more than a million readers across the country. Now this indispensable book has been fully revised and updated-covering all the new tax laws-and reorganized with a new user-friendly design. Concise, witty, and truly understandable, Andrew Tobias shows you how to use your money to your best advantage-no matter how much or how little you have.
o How to spend smarter-and save $1,000 or more
o When to invest in stocks, and how
o The ins and outs of investing on the Internet
o Tax strategies, from tuition to retirement
o Whom-if anyone-you can trust to manage your money
and much, much more
How to spend smarter--and save $1,000 or more
When to invest in stocks, and how
The ins and outs of investing on the Internet
Tax strategies, from tuition to retirement
The basics of life insurance
Who--if anyone--you can trust to manage your money
The inside skinny on annuities, real estate, and Social Security
and much, much more
|
| Customer Reviews: Read 99 more reviews...
 One of the best investing books out there! September 27, 2008
I've read a lot of personal finance books and this one has some of the best information I've found. If you are interested in personal finance and investing, you should definitely read this book!
Tobias writes in a witty style to keep the reader's attention while providing detailed information on investing that I haven't found anywhere else. He begins with information on how to save money on personal expenses like dining out and vacations. There are several good tips in this section. Then he moves on to retirement accounts and saving for education. He explains each type of account in detail and includes every kind I know of.
His sections on bonds and stock investing are really informative. He explains items like treasury bills and TIPs and their advantages. He explains all kinds of bonds (I-bonds, corporate bonds, municiple bonds) and provides his recommendation on whether you should own them or not and why. I especially found his section on stock market investing useful. He has explanations of a stock's beta, buying on margin, options, selling short, LEAPS and penny stocks and explains the pitfalls that often get investors into trouble.
The last portion of the book talks a bit about estate planning and also some very clever methods of teaching your kids about saving and investing.
I like the author's philosophy on investment strategies and agree with most of his advice. This book covers a lot of topics in personal finance and is both a great reference and a fun read. I highly recommend it to others!!!
Outstanding Basic Reference July 2, 2008
1 out of 1 found this review helpful
It is funny how several reviewers criticize the author's recommendation to "not lose money", while that is the number one rule from the richest person on the planet, Warren Buffett.
They miss the fact that there is more to that statement that its simple basic message.
I too have read a number of investment books and I found this one to shine above the rest for a simple reason: It covers a wide range of basic investment options, without equivocating, and goes into just enough detail to explain the investment without bogging down the reader with unnecessary details. If the reader wants more info, they can certainly continue researching.
I really like the fact that the author gives definite thumbs-up or thumbs-down to certain investment vehicles (and gives good reasons why), where other advisors hem and haw about even the most ridiculous ideas such as annuities.
Some reviewers claim this book is for beginners while others say that it's NOT for amateurs. I think it requires some basic knowledge but overall is a great reference and guide to get the average investor on track to a good solid foundation in investing and well on their way to a respectable portfolio. Any expectations beyond that are totally misguided.
 True to its title June 22, 2008
I found this book very readable and full of excellent information. Although not all the latest vehicles are included, the information is useful for the typical investor. It is easy to read and understand by the beginning investor.
A solid book June 2, 2008
This is a good read for those of us looking to improve our financial health and know only a little about investing. No magic solutions here: save money and invest wisely. But what does investing wisely mean exactly? Read this book for more. The author reviews concepts we know about the benefits of compound interest and the wisdom of index funds, and he does this by using his own stories to make this dry subject a bit more fun. The version I read didn't have a section on ETFs so you'll have to look elsewhere for that information.
Best Personal Finance Book I've Read So Far April 28, 2008
1 out of 1 found this review helpful
I'll admit it. I'm pretty much a cynic. I've read a few finance books, and they often make me feel more daunted. Everyone comes across as all-knowing, that their advice is the best. The thing that makes this book different than many of the others, is because (as I believe he says in the intro) other books tell you how to play the game, but not whether or not you should be playing it at all. In this book, Tobias gives you perspective as to what kinds of investments you should be making, if at all. I really appreciate that aspect of the book. He really takes a birds-eye view of investing and personal finance. It was so good I thought I would buy a few copies and give them to my family and friends. This is the first review I've ever written on Amazon, and wouldn't spend my time otherwise, but it's a first-rate book. I wish he wrote some more books that followed up on this to go into more detail on related topics. I felt like I could trust his advice, which perhaps sounds dangerous, but at least that's how I felt. Great book, hope you learn something form it if you purchase it.
|
|
|
Powered by Associate-O-Matic
| |
