Hardcover: 192 pages
Publisher: Humanix Books (March 8, 2016)
Language: English
ISBN-10: 1630060399
ISBN-13: 978-1630060398
Product Dimensions: 6.1 x 1 x 9.1 inches
Shipping Weight: 13.6 ounces (View shipping rates and policies)
Average Customer Review: 3.9 out of 5 stars See all reviews (20 customer reviews)
Best Sellers Rank: #158,490 in Books (See Top 100 in Books) #19 in Books > Business & Money > Finance > Financial Risk Management #45 in Books > Business & Money > Finance > Wealth Management #491 in Books > Business & Money > Investing > Introduction
As a millennial, I appreciated this straight-forward and useful guide on how to invest. Jeff Cox and Peter Tanous use understandable language and offer a savings approach that is within reach despite my generation's financial constraints. They make investing seem less daunting and more attainable over the long-term. I've already recommended this book to my friends.
I have read most of Peter Tanous's books on wealth management and this one meets the high standards of his earlier, best-selling Investment Gurus. Aside from that, Tanous has a beautiful, almost literary writing style, which makes the usually ponderous subject of finance an easy read. Highly recommended!
In this easy and enjoyable read, Tanous and Cox not only provide practical and easy-to-implement advice on investing for every day people, but also a roadmap to achieving one's long-term financial goals in as little as 30 minutes per week. Highly recommended for anyone that wants to take control of their financial future.
Great idea and it makes so much sense. Tanous and Cox convinced me that I can become a millionaire starting with a pretty small amount. The plan seems easy enough to follow and I’m looking forward to getting started.
This book captures a gameplan that could help anyone planning for their future. Reasons for the plan are explained and the roadmap is clear for long term success. I am buying copies for all of my children!
As a matter of disclosure, I purchased this tome at a bookstore. I've been in financial services for 28 years so I was able to read and evaluate quick and clean.What I liked about the book is that it serves as foundation for further learning and discussion about money and solid financial stewardship. The concepts discussed lay important groundwork for further investigation and knowledge. The basics of risk, reward, correlations, asset allocation are thorough, wrapped and teed up properly to lay out context.The overarching theme of the book is how as investors and investment pros, we tend to complicate the analysis, always seeking to get rich quick or beat the market. More time studying is not necessarily a gateway to success when it comes to stock investing. As a matter of fact, as this book lays out, you don't need much time, it's the focus of your time.That being said, I'm not in full agreement with several of the tenets outlined such as how asset allocation is defined or how stocks for the long run is an effective investment strategy as I can show you 20 year periods where stocks have done nothing. But that's not important. The goal of a book like this is to get you out to begin, showcase the possibilities and showcase the framework of successful investing and concepts that are widely accepted.The book flows. It's easy to read. I like the conversational matter. It's not intimidating. If anything, it may get you to pick up additional books.This work is solid and a good guidebook.
I got a lot out of this book...very straightforward, useful advice. Not one of those gimmicky get-rich-quick books. Instead had specific, real advice that I will be using. I especially appreciated author's recommendations on what information, and what time periods to focus on when investing. Also appreciated the chapters on how to build a portfolio. Recommend.
I do not like this book. It makes statements that are misleading and sends people in the wrong direction.Example: on page 122, reference is made to an estimated 11.64% return on gold. That is wrong. Over the long term, gold has essentially no real rate of return; it just follows inflation. It's long term return may be 3-4% at best and at certain times (like the last 6 years) it has a negative 6% return. The author's return data set only goes back 15 years. Way too short a period of time.second example: chapter 16 on "populating your portfolio". The authors give poor guidance on investment vehicles. The must be working for Dimensional Fund Advisors because most of their selections come from that company. Although DFA is a great investment company, the average normal investor (the target audience for this book) cannot buy those funds directly. And if they could, there's a 1% sales load (not specifically disclosed in the book). The rest of the suggested vehicles are mostly open-ended mutual funds which are a dying breed.The way to go today is low-cost index funds, some of which are mentioned in this chapter. As for emerging market vehicles, why mention EEM which has a much higher expense ratio than VWO? This part of the book was just thrown together.A much better book is Richard Ferri's "All about Asset Allocation".
The 30-Minute Millionaire: The Smart Way to Achieving Financial Freedom The One Minute Millionaire: The Enlightened Way to Wealth Smart Women Finish Rich: 9 Steps to Achieving Financial Security and Funding Your Dreams Smart Women Finish Rich: 7 Steps to Achieving Financial Security and Funding Your Dreams Money: Mindset - The 7 Step Money Mindset Formula That Will Help You Think & Produce Like A Millionaire (Mindset, How to Get Out of Debt, Financial Freedom, ... Make Money Online, Investing for Beginners) Smart Investor: Warren Buffett Way: How to know the stock market has bottomed? (Market Crash, Intelligent Investor, Stock Market, Financial Freedom, Stock Valuation, Wealth Creation Book 1) Start Late, Finish Rich: A No-Fail Plan for Achieving Financial Freedom at Any Age (Finish Rich Book Series) The Millionaire Mind (Millionaire Set) Military Millionaire: How You Can Retire a Millionaire and Live a Life of Wealth (No Matter What Your Pay Grade) Using Special Military Investment Benefits and a Proven Plan for Success One Year to an Organized Financial Life: From Your Bills to Your Bank Account, Your Home to Your Retirement, the Week-by-Week Guide to Achieving Financial Peace of Mind Achieving TABE Success In Language, Level E Workbook (Achieving TABE Success for TABE 9 & 10) MONEY Master the Game by Tony Robbins - A 15-minute Summary & Analysis: 7 Simple Steps to Financial Freedom 99 Minute Millionaire: The Simplest and Easiest Book Ever On Getting Started Investing And Becoming Rock Star Rich Don't Hire a Financial Coach! (Until You Read This Book) (60 Minute Financial Solutions Book 4) How To Be Millionaire In 7 Months Digitla Network Marketing eBook for Smart Passive Income Source: Latest Business Idea How To Make Money Online It Takes Two to Tango: Achieving Peak Performance in Dancing with EFT (Emotional Freedom Techniques) The One-Page Financial Plan: A Simple Way to Be Smart About Your Money Sketching (30 minute ART) (30 Minute Art (Discover Art)) Star Wars: 5-Minute Star Wars Stories (5 Minute Stories) 5-Minute Marvel Stories (5-Minute Stories)