How a Second Grader Beats Wall Street: Golden Rules Any Investor Can Learn
| Author | : | |
| Rating | : | 4.92 (771 Votes) |
| Asin | : | 0470375949 |
| Format Type | : | paperback |
| Number of Pages | : | 288 Pages |
| Publish Date | : | 2013-09-30 |
| Language | : | English |
DESCRIPTION:
Especially when it comes from the screaming, sound effect guy. They buy after the market is up and then panic and sell when the market falls. As life goes on, however, what we continue to learn is less about making us smart and more about making us outsmart ourselves in investing. Remember the rule “don’t put all of your eggs in one basket?” They watch too much financial TV. Investing is simple, but never easy. We carry a lot of investment baggage, including hot tips from friends and the financial media, as well as complicated financial recommendations from Wall Street "experts." Yet, the biggest obstacl
They also take the time to debunk the financial myths and legends that many of us accept as true, and show you what it really takes to build long-term wealth with less risk.Discusses how to design a portfolio composed of a few basic building blocks that can be "tweaked" to fit your personal needsAddresses how you can reengineer your portfolio in order to stop needlessly paying taxesReveals how you can increase returns, regardless of which direction the market goes, by picking the "low-hanging fruit" we all have in our portfoliosWith just a little time and a little work, you can become a better investor. And all this can be accomplished by using some common sense techniques.Along the way, Kevin and his dad discuss fresh, new approaches to investing, and detail some tried-and-true, but lesser known approaches. Page by page, you'll learn how to create a portfolio with the widest diversification and lowest costs; one that can move up your financial freedom by a decade and dramatically increase your spending rate during retirement. With this book as your guide, you'll discover how a simpler approach to today's markets can put you on the path to financial independence.. Straightforward strategies from a successful young investorIn How a Second Grader Beats Wall Street, you'll follow the story of Kevin Roth, an eight-year-
ccapegirl said A Simple Guide to Financial Investing - A Definite MUST READ!. 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. A Great Book for the Experienced or the Beginner Investor David Parler This book is an easy read, but not an afternoon read.Each chapter begins with a pertinent, topical, and usually humorous short quote and the chapter expands to explain in easy-to-understand detail, the tenants of the philosophy. Kevin, the second-grader, learns a basic life lesson on investing. This model provides an excellent motif for the quite knowledegable author (an accountant and financial advisor) to expalins the basics without "talking down" to the reader. There is truly something h. Ceci_Bean said Great start for financial education. As someone just getting started learning about the financial world of saving, investing, planning, etc., Roth's book was a great start!After continuing my education a bit with other texts, I continue to be thankful for Roth, who explained everything so simply and clearly that I was able to grasp the basic concepts of investing, especially in regards to mutual funds, from the first page. His logic and reasoning made sense, and allowed me to start the conversation about financial planning wit