430
people found this helpful, as of 2023
ranked #46,923 most helpful
out of 571,544,897 reviews
★★★★★
Start here, then read more!
I've read four investing books so far because I'm a beginning investor. I wished I had read this book first because the other ones were so dense, and starting with this book would have given me a better context of investing. "Less is more" is the author's writing style - clear and simple. It assumes that if you're a beginning investor, you'll do further research as you become more competent.
Two things I learned from this book that I didn't learn from the other four:
1. The actual number I need to save each year to meet my retirement goal. The formula is clear and immediately applicable.
2. How to create a truly diversified portfolio by investing in different types of assets. He taught me how much to purchase of each assest class and even suggested ETFs by their name.
What a deal for a $1.
Also, I emailed Alex, the author, and he wrote back with an answer. WOW! That never happened before.
March 2012 · Kindle Store · verified purchase