The Only Investment Guide You'll Ever Need: Revised Edition

by Andrew Tobias

Overview

Fully Updated! Covering cryptocurrency and NFTs, Robinhood, GameStop, the after-effects of COVID, and how climate change impacts investing.

The Only Investment Guide You'll Ever Need has been a favorite finance guide, earning the allegiance of more than a million readers across America.Using concise, witty, and truly understandable tips and explanations, Andrew Tobias delivers sensible advice and useful information on savings, investments, preparing for retirement, and much more. This completely updated edition will show you the best way to manage your money, no matter what your means.

Product Details

ISBN-13:	9780358623465
Publisher:	HarperCollins Publishers
Publication date:	04/19/2022
Edition description:	Revised ed.
Pages:	320
Sales rank:	79,215
Product dimensions:	5.31(w) x 8.00(h) x 0.72(d)

About the Author

ANDREW TOBIAS is the author of more than a dozen books, including The New York Times bestsellers Fire and Ice and The Invisible Bankers. He has been a regular contributor to such magazines as Time, New York, and Parade, and cohosted the PBS series Beyond Wall Street. 

Table of Contents

Acknowledgments xv

Preface xvii

The Big Picture xviii

Part 1 Minimal Risk

1 If I'm So Smart, How Come This Book Won't Make You Rich? 3

2 A Penny Saved Is Two Pennies Earned 13

3 You Can Get By on $165,000 a Year 52

4 Trust No One 63

5 The Case for Cowardice 73

6 Tax Strategies 102

Part 2 The Stock Market

7 Meanwhile, Down at the Track 137

8 Choosing (to Ignore) Your Broker 169

9 Hot Tips, Inside Information - and Other Fine Points 187

Part 3 Family Planning

10 Kids, Spouse, Heirs, Folks 225

11 What to Do If You Inherit a Million Dollars; What to Do Otherwise 242

Appendixes

Earning 177% on Bordeaux 263

How Much Life Insurance Do You Need? 265

How Much Social Security Will You Get? 269

A Few Words About Taxes and Our National Debt 272

Cocktail Party Financial Quips to Help You Feel Smug 277

Selected Discount Brokers 279

Selected Mutual Funds 280

Fun with Compound Interest 283

Still Not Sure What to Do? 285

Index 288

Editorial Reviews

For all Tobias’ success, his greatest gift is… perspective. “This is the only investment guide you’ll ever need,” he writes, “not because it will make you rich beyond any further need for money, but because most investment guides you don’t need.” Need a gift for a recent graduate? This is it. And don’t be ashamed to buy a copy for yourself.” — Jesse Kornbluth, HeadButler

From the Publisher

For all Tobias’ success, his greatest gift is… perspective. “This is the only investment guide you’ll ever need,” he writes, “not because it will make you rich beyond any further need for money, but because most investment guides you don’t need.” Need a gift for a recent graduate? This is it. And don’t be ashamed to buy a copy for yourself.

Jesse Kornbluth