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The Only Investment Guide You'll Ever Need (Only Investment Guide You'll Ever Need)
Andrew Tobias
Rating: 4.5/5 Stars
Rank: 1151
Personal-finance guru Andrew Tobias slams online trading and praises the
Roth IRA in his newly revised The Only Investment Guide You'll Ever
Need.
This investment bible remains as stimulating and meaningful as
it was when it was first published 20 years ago. It's packed with ideas
about stocks, living beneath your means, tax planning, retirement, and
just about everything else in the financial world.
And all of it is
presented with Tobias's trademark brevity and ingenuity. Last revised
in 1995, the guide takes aim at a new game in town--online trading.
By all
means, use the Internet for buying a car or for research, Tobias says. But
avoid cyberspace brokers, he says.
Point and click enough and you will get
slaughtered by commissions, spreads, taxes, and human nature. "It's so easy
to click 'OK' a few times and make a $10,000 bet," he warns.
"Look how
mesmerized we become on a stool in front of a slot machine. Internet
investing positively teases you to play." Tobias's favorite new entry is
the Roth IRA, which allows you to withdraw your money tax-free when you
retire.
It's far better than a traditional IRA, he asserts. "Save yourself
the trouble of agonizing over the choice and go with the Roth IRA," he
writes.
"Forget the worksheets." Sometimes caustic and always a skeptic,
Tobias believes readers can shape their own financial futures.
Just stick
to the basics, he says. "By and large, you should manage your own money,
via no-load mutual funds," he writes. "No one is going to care about it as
much as you." It doesn't matter if it's 1978, 1998, or even 2008. The
Only Investment Guide You'll Ever Need still is exactly that.
Some
things never change. --Dan Ring--This text refers to the
Paperback
edition.
About the AuthorAndrew Tobias is the author of several bestselling books,
including My Vast Fortune, and the bestselling software program
Managing Your Money.
A regular contributor to Parade, he has
also written for Time and Worth. He serves as treasurer for
the Democratic Party and lives in New York City.
Editorials
Sample 3 of 6
The Only Investment Guide You'll Ever Need (Only Investment Guide You'll Ever Need)
Andrew Tobias
![]() | | | Amazon.com | | Personal-finance guru Andrew Tobias slams online trading and praises the
Roth IRA in his newly revised The Only Investment Guide You'll Ever
Need. This investment bible remains as stimulating and meaningful as
it was when... read full editorial |
![]() | | | Forbes | | "Andrew Tobias is one of the financial community's most pithily perceptive
observers." --This text refers to the
Paperback
edition. |
![]() | | | Book Description | | For more than twenty-five years, The Only Investment Guide You'll Ever
Need has been America's favorite finance guide, winning the allegiance of
more than a million readers across the country. Now this indispensable
book... read full editorial |
Customer Reviews
Sample 3 of 34
The Only Investment Guide You'll Ever Need (Only Investment Guide You'll Ever Need)
Andrew Tobias
![]() | | | Not the Only Investment Book You'll Need, But a Good Start | | (Bronx, NY United States) February 15, 2004 - 5.0/5 stars | | I read this book more than ten years ago, when I saved enough money from my
first job to start dabbling in the stock market. The new edition also has
information on Roth IRA's and still offers good advice... read full review |
![]() | | | This man has advice you should read | | (USA) November 26, 2002 - 5.0/5 stars | | Whether you are rich or poor this man has advice you should read! he is no
nonsense and a pleasure to read. his explanation of how you can save money
by spending less is the best financial advice for the common man. Then... read full review |
![]() | | | A Great Introduction To Personal Finance | | (MN United States) September 17, 2002 - 5.0/5 stars | | "The Only Investment Guide You'll Ever Need"is a fun-to-read introduction
to personal finance.Tobias tells us that, due to the power of
compounding, it's important to start saving early. Tobias has a great way
to explain... read full review |
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