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The Investment Answer: Learn to Manage Your Money & Protect Your Financial Future (tentative)
Unavailable
The Investment Answer: Learn to Manage Your Money & Protect Your Financial Future (tentative)
Unavailable
The Investment Answer: Learn to Manage Your Money & Protect Your Financial Future (tentative)
Audiobook1 hour

The Investment Answer: Learn to Manage Your Money & Protect Your Financial Future (tentative)

Written by Gordon Murray and Daniel C. Goldie

Narrated by L.J. Ganser

Rating: 4 out of 5 stars

4/5

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Currently unavailable

Currently unavailable

About this audiobook

What if there were a way to cut through all the financial mumbo-jumbo? Wouldn't it be great if someone could really explain to us-in plain and simple English-the basics we must know about investing in order to insure our financial freedom?

At last, here's good news.

Jargon-free and written for all investors-experienced, beginner, and everyone in between-THE INVESTMENT ANSWER distills the process into just five decisions-five straightforward choices that can lead to safe and sound ways to manage your money.
When Wall Street veteran Gordon Murray told his good friend and financial advisor, Dan Goldie, that he had only six months to live, Dan responded, "Do you want to write that book you've always wanted to do?" The result is this eminently valuable primer which can be read and understood in one sitting, and has advice that benefits you, not Wall Street and the rest of the traditional financial services industry.
THE INVESTMENT ANSWER asks listeners to make five basic but key decisions to stack the investment odds in their favor. The advice is simple, easy-to-follow, and effective, and can lead to a more profitable portfolio for every investor. Specifically:
* Should I invest on my own or seek help from an investment professional?
* How should I allocate my investments among stocks, bonds, and cash?
* Which specific asset classes within these broad categories should I include in my portfolio?
* Should I take an actively managed approach to investing, or follow a passive alternative?
* When should I sell assets and when should I buy more?

In a world of fast-talking traders who believe that they can game the system and a market characterized by instability, this extraordinary and timely audio book offers guidance every investor should have.
LanguageEnglish
Release dateJan 25, 2011
ISBN9781611138733
Unavailable
The Investment Answer: Learn to Manage Your Money & Protect Your Financial Future (tentative)

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Reviews for The Investment Answer

Rating: 3.9098360655737703 out of 5 stars
4/5

61 ratings6 reviews

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  • Rating: 3 out of 5 stars
    3/5
    Very light and simple book. Not a lot of practical advice, but reasonably sound basic principles (with very little explanation thereof). As another reviewer says, probably a good starting point.
  • Rating: 3 out of 5 stars
    3/5
    Nice interesting facts. For some already investing wisely their money you won’t learn much
  • Rating: 4 out of 5 stars
    4/5
    well not bad i like it though is short .
  • Rating: 3 out of 5 stars
    3/5
    Too basic. Most of it is common sense. Good thing it is short

    1 person found this helpful

  • Rating: 4 out of 5 stars
    4/5
    The book provide true investment guidance where it is really needed. This is a true guide to persons who really want the best out of their investment portfolio.
  • Rating: 4 out of 5 stars
    4/5
    Although the title of this slim book seems to promise yet another system for "beating the market", it's really an antidote for the kind of hype that litters the personal finance section of most bookstores (not to mention a cable channel or two). The authors argue that investors should aim simply to build a diversified portfolio that delivers the broad market rate of return consistent with their desired degrees of risk and liquidity. While this is hardly revolutionary advice, the book's strength is that it explains fundamental concepts in a way that's accessible to the lay reader, and at a length that can be read and digested in an afternoon.If any aspect of Goldie's and Murray's advice is controversial, it's their stress on the importance of working with an independent, fee-only financial adviser. While, as they acknowledge at least in passing, this may not be the best approach for every investor, they do make a case that ought to be compelling to their book's intended audience. (Even for the experienced investor, they argue, a good adviser can help avoid common psychological traps.) At the very least, their explanation of the conflicts of interest that may impact brokers' advice, and the dangers of using an adviser who doesn't use a third-party custodian, may help investors avoid being taken advantage of by the unscrupulous.I'd recommend The Investment Answer as the starting point for anyone trying to make sense of the bewildering array of investment advice available today.

    2 people found this helpful