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Didn't think you could distill just about everything you need to know, along with what you must ignore about investing, in one thin book, but they did it.
Folks should read it, and then read it again. Just to ensure that the key points stick.
9 of 9 people found this review helpful
I think this book was good. but it really should be marketed for teenagers. These I think are things that most adults already know. I can give you a brief summary and save you 13$ or an audible credit:
-Invest early in life
-When you're younger invest mostly in stocks, then as you get older, progressively invest in bonds.
-Diversify your portfolio,
-Invest in index funds
-The more you pay for a stock broker, the less return you will get
-Financial directors are usually bad at predicting the market
-Don't try to predict the market or trust anyone who says they can, because it's virtually impossible to do.
-Invest conservatively (don't act on impulse)
-Don't let your emotions make your decisions for you.
I think that's about it. If you are a teenager you definitely wanna check this out. But anyone over 25 will be OK by just reading my short summary, assuming they don't already know all this stuff.
4 of 4 people found this review helpful