by David L. Hawkins ‧ RELEASE DATE: June 24, 2019
Bold investment strategies that aren’t for the risk-averse.
This stock-oriented financial guide features unconventional investment advice based on a traditional mathematical principle.
Debut author Hawkins first learned about investing in stocks that paid dividends from his mailman father, who studied copies of the Wall Street Journal—hence the book’s title. Setting a goal of 15 percent return on investment, Hawkins later chose to take part in high-yield stock investing, which is the focus of this short book. Anchored in the sound principle of compound interest, the author’s investment strategy sometimes flies in the face of conventional wisdom. Examples of his contrarian advice include borrowing from a bank’s line of credit to invest in stocks; using a short-term, adjustable-rate mortgage to refinance for stock-investment purposes; and using a stock-trading account instead of a traditional IRA to fund retirement savings. Hawkins begins with an informative overview of the workings of compound interest, demonstrating its power through relevant examples, all of which assume reinvestment of interest over time: “Using the principle of having your money earn interest on the interest is the greatest force you can put into play to make your investments grow exponentially,” he writes. He encourages investors to open a brokerage account, create an investment plan, and buy high-yielding stocks. However, he’s not a fan of investing in real estate because it reduces investing agility: “Selling real estate is like turning an ocean liner, and selling stocks is like turning a jet ski.” One of the more illuminating parts of the book concerns buying a home, as Hawkins relates his own experience of starting on the road to home ownership with a land contract—an unusual first step that avoided the need for a conventional mortgage. He also engagingly discusses construction loans, the difference between a fixed-rate and an adjustable-rate mortgage, the pros and cons of owning versus renting, and whether to consider a vacation home. Equally intriguing is the author’s unconventional view of drawing Social Security benefits; he explains his rationale for taking monthly payments earlier rather than later “to add to my compound interest generating model.” Throughout, the author’s writing is lucid, and the excellent illustrations enhance the content.
Bold investment strategies that aren’t for the risk-averse.Pub Date: June 24, 2019
ISBN: 978-1-973660-90-3
Page Count: 188
Publisher: Westbow Press
Review Posted Online: Oct. 15, 2019
Review Program: Kirkus Indie
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by E.T.A. Hoffmann ‧ RELEASE DATE: Oct. 28, 1996
This is not the Nutcracker sweet, as passed on by Tchaikovsky and Marius Petipa. No, this is the original Hoffmann tale of 1816, in which the froth of Christmas revelry occasionally parts to let the dark underside of childhood fantasies and fears peek through. The boundaries between dream and reality fade, just as Godfather Drosselmeier, the Nutcracker's creator, is seen as alternately sinister and jolly. And Italian artist Roberto Innocenti gives an errily realistic air to Marie's dreams, in richly detailed illustrations touched by a mysterious light. A beautiful version of this classic tale, which will captivate adults and children alike. (Nutcracker; $35.00; Oct. 28, 1996; 136 pp.; 0-15-100227-4)
Pub Date: Oct. 28, 1996
ISBN: 0-15-100227-4
Page Count: 136
Publisher: Harcourt
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Aug. 15, 1996
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by Ludwig Bemelmans ‧ RELEASE DATE: Feb. 23, 1955
An extravaganza in Bemelmans' inimitable vein, but written almost dead pan, with sly, amusing, sometimes biting undertones, breaking through. For Bemelmans was "the man who came to cocktails". And his hostess was Lady Mendl (Elsie de Wolfe), arbiter of American decorating taste over a generation. Lady Mendl was an incredible person,- self-made in proper American tradition on the one hand, for she had been haunted by the poverty of her childhood, and the years of struggle up from its ugliness,- until she became synonymous with the exotic, exquisite, worshipper at beauty's whrine. Bemelmans draws a portrait in extremes, through apt descriptions, through hilarious anecdote, through surprisingly sympathetic and understanding bits of appreciation. The scene shifts from Hollywood to the home she loved the best in Versailles. One meets in passing a vast roster of famous figures of the international and artistic set. And always one feels Bemelmans, slightly offstage, observing, recording, commenting, illustrated.
Pub Date: Feb. 23, 1955
ISBN: 0670717797
Page Count: -
Publisher: Viking
Review Posted Online: Oct. 25, 2011
Kirkus Reviews Issue: Feb. 1, 1955
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