Just enough information to confuse inexperienced investors, although they will likely find a few useful tidbits within.
One financial adviser’s version of the ABCs of money management.
As debut author Newtz explains in his introduction, the purpose of his book is to present guidelines for basic money market strategies and good financial decision-making. The first chapter explains why financial institutions are focused on making money for themselves, not their customers. Next, the author discusses some basic money management details, such as setting goals and preventing identity theft. He looks at the necessity of building good investments, which he calls a “castle and moat” to protect wealth from the forces of “erosion”—inflation, taxes, interest rate declines, and other factors. He then goes over some of the cardinal rules of investing (such as “Carry a considerable dividend and cash position—you want to have money available when investment opportunities arise”) and lists the types of financial vehicles that make up a full money management plan. Newtz goes on to what to look for in a financial adviser, takes a brief look at tax avoidance strategies, reviews some of the most common mistakes investors make, and covers common retirement-related issues. Finally, he lays out the importance of enjoying money rather than just hoarding it. Although Newtz provides some useful information, he tends to skimp on the important details. For example, he lists several viable asset-allocation strategies, but fails to explain how to decide which one is the best option for a given situation. He also neglects to mention whether his own strategies have proven lucrative for himself and his clients. On the other hand, the details he does include may be quite useful to beginning investors, such as his advice about diversifying across asset classes instead of buying a lot of mutual funds that may hold the exact same stocks. His argument for using life insurance as a money management tool is also both plausible and intriguing.
Just enough information to confuse inexperienced investors, although they will likely find a few useful tidbits within.Pub Date: N/A
ISBN: N/A
Page Count: -
Publisher: Dog Ear Publisher
Review Posted Online: Sept. 6, 2016
Review Program: Kirkus Indie
The author's youthfulness helps to assure the inevitable comparison with the Anne Frank diary although over and above the...
Elie Wiesel spent his early years in a small Transylvanian town as one of four children.
He was the only one of the family to survive what Francois Maurois, in his introduction, calls the "human holocaust" of the persecution of the Jews, which began with the restrictions, the singularization of the yellow star, the enclosure within the ghetto, and went on to the mass deportations to the ovens of Auschwitz and Buchenwald. There are unforgettable and horrifying scenes here in this spare and sombre memoir of this experience of the hanging of a child, of his first farewell with his father who leaves him an inheritance of a knife and a spoon, and of his last goodbye at Buchenwald his father's corpse is already cold let alone the long months of survival under unconscionable conditions.
Pub Date: Jan. 16, 2006
ISBN: 0374500010
Page Count: 120
Publisher: Hill & Wang
Review Posted Online: Oct. 7, 2011
Kirkus Reviews Issue: Jan. 15, 2006
Well-told and admonitory.
Young-rags-to-mature-riches memoir by broker and motivational speaker Gardner.
Born and raised in the Milwaukee ghetto, the author pulled himself up from considerable disadvantage. He was fatherless, and his adored mother wasn’t always around; once, as a child, he spied her at a family funeral accompanied by a prison guard. When beautiful, evanescent Moms was there, Chris also had to deal with Freddie “I ain’t your goddamn daddy!” Triplett, one of the meanest stepfathers in recent literature. Chris did “the dozens” with the homies, boosted a bit and in the course of youthful adventure was raped. His heroes were Miles Davis, James Brown and Muhammad Ali. Meanwhile, at the behest of Moms, he developed a fondness for reading. He joined the Navy and became a medic (preparing badass Marines for proctology), and a proficient lab technician. Moving up in San Francisco, married and then divorced, he sold medical supplies. He was recruited as a trainee at Dean Witter just around the time he became a homeless single father. All his belongings in a shopping cart, Gardner sometimes slept with his young son at the office (apparently undiscovered by the night cleaning crew). The two also frequently bedded down in a public restroom. After Gardner’s talents were finally appreciated by the firm of Bear Stearns, his American Dream became real. He got the cool duds, hot car and fine ladies so coveted from afar back in the day. He even had a meeting with Nelson Mandela. Through it all, he remained a prideful parent. His own no-daddy blues are gone now.
Well-told and admonitory.Pub Date: June 1, 2006
ISBN: 0-06-074486-3
Page Count: 320
Publisher: Amistad/HarperCollins
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: March 15, 2006
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