The Only Investment Guide You'll Ever Need Download Free (EPUB, PDF)
“The Only Investment Guide You'll Ever Need . . . actually lives up to its name.” — Los Angeles Times “So full of tips and angles that only a booby or a billionaire could not benefit.” — New York Times For nearly forty years, 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. This completely updated edition will show you how to use your money to your best advantage in today's financial marketplace, no matter what your means. 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.
Paperback: 320 pages
Publisher: Mariner Books; 2nd Updated ed. edition (April 26, 2016)
Language: English
ISBN-10: 0544781937
ISBN-13: 978-0544781931
Product Dimensions: 5.3 x 1 x 7.9 inches
Shipping Weight: 8.8 ounces (View shipping rates and policies)
Average Customer Review: 4.6 out of 5 stars See all reviews (31 customer reviews)
Best Sellers Rank: #16,657 in Books (See Top 100 in Books) #64 in Books > Business & Money > Investing > Introduction
I'm pretty sure I have bought every edition of this book as it has come out, and this is no exception. Besides being the most entertaining book ever written on investing (faint praise on its face, but Tobias rivals Michael Lewis when it comes to being able to do this), the book is full of not so much financial how-to, like most such books, but financial wisdom, which is much harder to come by. Perhaps the greatest of these is: Trust No One. If you have earlier editions, there is not a lot of new text here -- it's definitely an update, not a revision.Speaking of revisions, I do have a quibble about what appears to be a change in emphasis from earlier editions, in favor of putting a large percentage equities into retirement 401Ks; my quibble is that there is little or no mention of the more recent arguments against that (eg., Merton, Shiller; Merton, in particular, argues that for most people, that the downside risks of stocks make them too risky for retirement accounts, except for very young workers; according to this view, stocks are appropriate only once the you have reached your minimum safe retirement level of future income, taking into account Soc Security and other pensions. Until that point is reached, you should be invested in safe assets, like TIPS ladders and, eventually, annuities. This is so despite the fact that stocks are statistically more likely to outperform other investments; the problem is that there is a real possibility that they will under-perform, leaving you below your minimum required retirement amount. See Merton's article, "The Crisis in retirement Planning, Harvard Business Review 2014). Although Tobias mentions the 2008 crash, he seems to suggest that the recovery in equities since then has made up for that.
The Only EKG Book You'll Ever Need (Thaler, Only EKG Book You'll Ever Need) The Only Grant-Writing Book You'll Ever Need (Only Grant Writing Book You'll Ever Need) The Only Investment Guide You'll Ever Need The Only Guide to a Winning Investment Strategy You'll Ever Need: The Way Smart Money Preserves Wealth Today The Only Guide to a Winning Investment Strategy You'll Ever Need: The Way Smart Money Invests Today Art for Kids: Drawing: The Only Drawing Book You'll Ever Need to Be the Artist You've Always Wanted to Be Art for Kids: Cartooning: The Only Cartooning Book You'll Ever Need to Be the Artist You've Always Wanted to Be The Best Panini Press Cookbook: The Only Panini Recipe Book You Will Ever Need to Get You Started Hiking and Traveling the Blue Ridge Parkway: The Only Guide You Will Ever Need, Including GPS, Detailed Maps, and More (Southern Gateways Guides) Long Story Short: The Only Storytelling Guide You'll Ever Need 500 Cupcakes: The Only Cupcake Compendium You'll Ever Need (New Edition) (500 Series Cookbooks) (500 Cooking (Sellers)) 500 Ice Creams, Sorbets & Gelatos: The Only Ice Cream Compendium You'll Ever Need (500 Cooking (Sellers)) 500 Appetizers: The Only Appetizer Compendium You'll Ever Need (500 Cooking (Sellers)) 500 Soups: The Only Soup Compendium You'll Ever Need (500 Cooking (Sellers)) 500 Smoothies & Juices: The Only Smoothie & Juice Compendium You'll Ever Need (500 Cooking (Sellers)) 500 Casseroles: The Only Casserole Compendium You'll Ever Need (500 Cooking (Sellers)) 500 Pizzas & Flatbreads: The Only Pizza & Flatbread Compendium You'll Ever Need (500 Cooking (Sellers)) 500 Salads: The Only Salad Compendium You'll Ever Need (500 Cooking (Sellers)) 500 Tapas: The Only Tapas Compendium You'll Ever Need (500 Series Cookbooks) (500 Cooking (Sellers)) The Only Grammar Book You'll Ever Need: A One-Stop Source for Every Writing Assignment
