In this summary you will learn
- What “Hyperactive” and “Smart” investing are
- Why most brokers love hyperactive investing, but investors should avoid it
- What four steps you can take to become a smart investor
|
Why you should read The Smartest Investment Book You'll Ever Read
|
| Daniel R. Solin’s handy book demonstrates why trading stocks actively is a great idea for your broker or financial advisor, but could be a very bad idea for you and your hard-earned savings. Solin’s investment method, while not presented as a fresh invention, is simple: He encourages you to set up a very low-cost account with a reputable company, allocate your assets in a mix of stock and bond indexes that represent the entire market, and regularly rebalance your portfolio to bring it back in line with your desired asset allocation. Solin’s virtue is his energetic, sometimes entertaining writing style, as displayed in 44 snappy chapters that avoid financial theory almost completely. He focuses on dollars and cents, and how best to keep them in your own pocket. getAbstract recommends this smart guide as a primer for beginners or financially unsophisticated investors. |
About the Author
|
|
Daniel R. Solin, a securities arbitration lawyer and speaker, is a principal at Academic Wealth Management. He also wrote “Does Your Broker Owe You Money?”
|
| Overall |
 |
 (6) |
| Applicability |
|
(6) |
| Innovation |
|
 (5) |
| Style |
|
 (7) |
Buy the Book |
| Click here to buy the book "The Smartest Investment Book You'll Ever Read". If you wish to purchase 20 or more copies of the same title (not the summary, but the "real" book), please contact us at bulkorders@getAbstract.com. Make sure you include the title of the book and your phone number. |
getAbstract makes it easy for you to access the summary of The Smartest Investment Book You'll Ever Read any time or any place. Once registered, you can choose from a variety of download formats: PDF for your computer, BlackBerry, iPhone, Kindle, PDA or other handheld devices. You can even obtain the audio version of many of our summaries.
Subscribe today to gain access to this summary as well as many other compelling titles! |
|
