Time Is Money: A Million-Dollar Investment Plan for Today's Twenty- And Thirty-Somethings

by Frances Leonard

Book Overview

If you are under thirty-five you have at your disposal the world's most powerful investment tool--time. Today's 20 year-old can put aside $71 a month and retire a millionaire. At 26, the magic number... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0201409623
• ISBN13: 9780201409628
• Release Date: December 1995
• Publisher: Basic Books (AZ)
• Length: 320 Pages
• Weight: 0.85 lbs.
• Dimensions: 0.9" x 5.4" x 8.3"

Customer Reviews

Money does make more money

Time is an extremely important factor in investing for retirement. Many younger people do not realize that if they start investing in their early thirties or better yet twenties, they only have to put away a small portion of money to have a significant amount when they are in their sixties. This happens because of compounding which is the most powerful force in the universe according to Albert Einstein. The author writes that in order to retire as a millionaire, an investor who is: * 25, needs to put away $117 per month * 40, needs to put away $547 per month * 50, needs to put away $1,665 per month This assumes a 10 percent growth on the investment, which is very realistic. This is a beginning book, but I believe that all high school or college graduates should read it before they start their careers. - Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

great introduction to retirement funding

Time is Money has a load of basic financial concepts in its coffer. It was a pleasure to read, and the short quizzes at the end of each chapter really helped my focus and made certain I got the main concepts of each chapter. I am very annal about picking books because reading an entire book is a big investment of time, which I don't have a lot of to dedicate to pleasure reading--the time was definitely worth it. I've since recommended this book to friends. Good luck! Jason

Awesome!

I bought this book almost 2 years ago and this really made me serious investing for the future. Easy to read yet very thorough. Best book for newbies on mutual funds & stocks. I am so glad that I came across to this book. I really appreciate the author to write such an awesome book. My investments on mutual funds are doing extremely well, I am starting investing on stocks as well. Thanks alot!

A read from Abroad

I am in Seoul Korea, where English books are not easily found. I stumbled upon this little treasure. I am starting the 4 step plan this month. As a result of this book I have overcome a lot of fear and recommend it to everyone. Its hardcore so even the math-account types will like it!

A terrific book for young investors!

This is the book I wish I had read twenty years ago. If I had my druthers, I'd give to every graduating high school senior. In a simple, engaging way it emphasizes the importance of starting early, even with just a few dollars.