The Only Investment Guide You'll Ever Need: Expanded and Updated Throughout

by Andrew Tobias

Book 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... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0156029634
• ISBN13: 9780156029636
• Release Date: January 2005
• Publisher: Harvest Books
• Length: 287 Pages
• Weight: 0.69 lbs.
• Dimensions: 0.8" x 5.7" x 7.8"

Customer Reviews

Smh

Never received it

Great, advice, from down-to-earth to pie-in-the-sky

This book helped me (a novice) understand a lot and gave me the confidence I needed to deal with a chunk of severance money from a former employer. In that situation, obviously you need access to the cash if necessary, but maybe you also want to score some interest. Before reading this, I was confused about several instruments with about the same level of risk (CDs, money market funds, money market accounts, I-bonds, TIPs, and Treasury bills). Tobias laid it all out very clearly--and humorously--and helped me to evaluate the options intelligently. There's also a great chapter on everyday savings you can make. It's sort of like David Bach's Latte Factor, but Tobias's take is a lot (dare I say) smarter in its outlook and scope. This author started early as a whiz kid and is very accomplished, but he's self-effacing and honest about his own mistakes--so you really do trust him to be straight with advice. Most people will definitely get something out of this book.

It Really Is

I have found the advice in this book to be invaluable. You simply can't go wrong. Those looking for a book with stock/mutual fund investing howtos should keep looking however. This is a broad brush stroke at handling one's money. Period. If you are going to read this book, be sure to read My Vast Fortune as well. The two tell quite a story and show that Mr Tobias is not just blowing air between his gums. This book is eminently readable and there is just not much wrong with it. Everything from what to do if you inherit wealth, to what type of life insurance to buy, to how to buy a car, to how to use the internet to save money on staying at a hotel are covered, as well as everything in between. Read this and prosper.

listen up kiddos, don't get too greedy

Andrew Tobias weaves through the dizzy world of T-bills, municipal bonds, alternative minimum taxes, and a host of esoteric personal finance topics. But the bottom line he preaches is simple: be happy living on less than you make, and save the rest in safe no load mutual funds, diversifying between domestic and international stocks. Tobias tries to assure most of us average Joes that we are a fool if we think we can outsmart the Warren Buffetts of the world, so don't go crazy speculating on individual stocks. At best, you will make a broker happy. At worst, you will lose your shirt. There now - I just saved you $14 you can add to your no load mutual fund account (lol).

Very Good!

I found this book extremely helpful. I wish I had known about it before, It would have saved lots of time and money which I have spent on a few seminars. THis book goes into more detail and gives suggestions and examples we can use in our everyday life.

The Best One-Stop-Shop for Investment and Financial Informat

Not only does Andrew Tobias suggest that readers save and invest, but also shows real ways that people can spend less (through conservation, stocking up on essentials at warehouse prices, saving money on insurance (auto, life, etc), paying yourself first, etc). Additionally, he explains investment vehicles in simple layman terms while divulging his personal opinions. All of this is done in a humorous, witty and quick read...a pleasant surprise to those of us picking up Investment Guides. Tobias truly covers it all, from savings accounts, to options and everything in between such as treasuries and annuities. He also discusses the merits of self-directed investing. It is telling that he dedicated the book "To my broker -- even if he has, from time to time, made me just that." This is a must read for those seeking entry-level knowledge of the ins and outs of investing or simply a witty read on the topic.