The Wall Street Journal Complete Money and Investing Guidebook (The Wall Street Journal Guidebooks)
Unravel the Mysteries of the Financial Markets—the Language, the Players, and the Strategies for Success
Understanding money and investing has never been more important than it is today, as many of us are called upon to manage our own retirement planning, college savings funds, and health-care costs. Up-to-date and expertly written, The Wall Street Journal Complete Money and Investing Guidebook provides investors with a simple—but not simplistic—grounding in the world of finance. I
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Complete? Guidebook? Not so much.,
The “Getting Going” series in the Wall Street Journal is a good one, well worth reading, and has helped the WSJ become more relevant to those of us who have less than a billion dollars net worth. (In my case, $999,999,999 less.) That’s why I had high hopes for this book. While it does its job admirably, the question is: What is it’s job? The title suggests it is “Complete” and a “Guidebook.” In reality, its job is to be “A brief, concise introduction at a high level to financial and economic terms.”
THAT job, it does admirably. You’ll get a overview of all the terms you’re likely to run into: stocks, bonds, options, futures, etc. But a brief overview is about all it does. There are some pearls, a few insightful comments, and (the best part) a nice selection of web sites for future reference.
If you’re looking for a quick read, and a concise overview of finances and American economics, this book is very good. But if you think it will actually help you do something practical with your own finances, you may be disappointed by its superficial treatment.
Scoring note: The book would have been a 4 if the title had been “A Brief Overview of American Economics and Investing.”
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|Good general finanacial and investing book,
This is a good general book describing financail terms, invetsting, and monetary tools. Historical background is provided. Very readable. I got this to use as a primer for my teenager. It worked well for that. Very up to date with descriptions of even recent investment instruments.
Does not pretend to give investement advice or guidance.
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|Perfect for novice investors or as an educational tool on the mechanics of finance!,
I bought this book as a refresher for my wife. As an avid investor of stocks, bonds, munis, etc, I thought I would bring my wife up to speed with the fundamentals of investment strategy.
I read the entire book on a business trip and discovered that I wasn’t as wise as I had once thought! This was the perfect refresher for US monetary basics. I highly recommend it for anyone interested in balancing their investment funds.
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