Sunday, March 27, 2011

The Investment Answer / Daniel Goldie / 88 pages

A very brief look at the components of investment decisions. The authors basically break down the process of successful investing into 5 questions. (Spoiler alert, the first question is do you need professional advice and they say yes but choose a "no-fee" CFP and they provide tips on how to choose the right person for you.) For a person who has minimal knowledge, this book is very good. The 300-500 page books are totally overwhelming for me. This book really does give you confidence in looking at what you should be doing, how to do it, what works, and realistic expectations when you simply choose your course and stick with it. The author cites studies and research to back up their opinion. In an hour or so of reading, you should have a good idea of the direction you need to go.

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