The author’s single point is that only fools believe they can time the market or consistently predict which stocks will perform well. Experts who do are just lucky and are usually expert only at selling their services (as they hyperactively trade your portfolio to maximize fees). When you invest in index funds containing domestic and international stocks or bonds, your fees are low or nonexistent, your risk is low, and the historical earnings are far from shabby. Solin’s message is helped immensely by the businesslike, easy-to-hear narration of Craig Wollman, Though Solin recognizes the skill of stock-picking geniuses like Peter Lynch and Warren Buffett, his argument is that most individual investing experts are not that smart and are not to be trusted if they say they are. T.W. © AudioFile 2007, Portland, Maine
This book will change the way you invest. . .and it's about time!
If your main concern is getting the most out of your money without sacrificing financial security, Dan Solin tells you how to take control of your finances and end up in the top 5% of all professionally managed money.
Solin provides a clear, simple, easy-to-follow road map that will show you exactly how your assets should be invested, using trusted, brand-name funds. He explains how to assess risk and how to allocate assets so that your portfolio is tailored precisely for you.
Most important, Solin's four-step plan will give you a portfolio that consistently outperforms the professionals (without the fees and without the worry.)
You can avoid the biggest mistakes most investors make:
- Falling for ""dumb money"" solutions that give your hard-earned cash over to hyperactive brokers and investment advisors.
- Buying into the hype that stock picking and market timing are anything but a fool's errand.
- Giving too much credence to the media and self-styled gurus who peddle ""financial pornography.""
Best of all, the vast majority of investors can implement Solin's plan in ninety minutes or less per year, without any broker or adviser.
Read by Craig Wollman
This book will change the way you invest. . .and it's about time!
If your main concern is getting the most out of your money without sacrificing financial security, Dan Solin tells you how to take control of your finances and end up in the top 5% of all professionally managed money.
Solin provides a clear, simple, easy-to-follow road map that will show you exactly how your assets should be invested, using trusted, brand-name funds. He explains how to assess risk and how to allocate assets so that your portfolio is tailored precisely for you.
Most important, Solin's four-step plan will give you a portfolio that consistently outperforms the professionals (without the fees and without the worry.)
You can avoid the biggest mistakes most investors make:
- Falling for ""dumb money"" solutions that give your hard-earned cash over to hyperactive brokers and investment advisors.
- Buying into the hype that stock picking and market timing are anything but a fool's errand.
- Giving too much credence to the media and self-styled gurus who peddle ""financial pornography.""
Best of all, the vast majority of investors can implement Solin's plan in ninety minutes or less per year, without any broker or adviser.
Read by Craig Wollman
The Smartest Investment Book You'll Ever Read: The Simple, Stress-Free Way to Reach You
The Smartest Investment Book You'll Ever Read: The Simple, Stress-Free Way to Reach You
FREE
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Editorial Reviews
Product Details
| BN ID: | 2940173668776 |
|---|---|
| Publisher: | HarperCollins |
| Publication date: | 12/05/2006 |
| Edition description: | Unabridged |
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