The Only Investment Guide Youll
Ever Need by Andrew Tobias
What Can I Say That Already Hasn't Been Said?
Personal-finance guru Andrew Tobias slams online trading and praises
the Roth IRA in his newly revised The Only Investment Guide Youll Ever
Need. This investment bible remains as stimulating and meaningful as it
was when it was first published 20 years ago. Its packed with ideas about
stocks, living beneath your means, tax planning, retirement, and just about
everything else in the financial world. And all of it is presented with
Tobiass trademark brevity and ingenuity. Last revised in 1995, the guide
takes aim at a new game in town--online trading. By all means, use the
Internet for buying a car or for research, Tobias says. But avoid
cyberspace brokers, he says. Point and click enough and you will get
slaughtered by commissions, spreads, taxes, and human nature. Its so
easy to click OK a few times and make a $10,000 bet, he warns. Look
how mesmerized we become on a stool in front of a slot machine. Internet
investing positively teases you to play. Tobiass favorite new entry is the
Roth IRA, which allows you to withdraw your money tax-free when you

retire. Its far better than a traditional IRA, he asserts. Save yourself the
trouble of agonizing over the choice and go with the Roth IRA, he writes.
Forget the worksheets. Sometimes caustic and always a skeptic, Tobias
believes readers can shape their own financial futures. Just stick to the
basics, he says. By and large, you should manage your own money, via
no-load mutual funds, he writes. No one is going to care about it as much
as you. It doesnt matter if its 1978, 1998, or even 2008. The Only
Investment Guide Youll Ever Need still is exactly that. Some things never
change. --Dan Ring
Personal Review: The Only Investment Guide Youll Ever Need
by Andrew Tobias
The Only Investment Guide You'll Ever Need is a surprisingly common
sense book that deals with investing and well...common sense too. Andre
Tobias makes many great points and can be sardonically funny at times.
After reading plenty of investing books, there was nothing new being
written by the author except for one thing. I am finally introduced to the
idea of capital gains tax, and while he may not have explained it fully, I
credit the discovery to him which led me to further research. Although
written in 1978, I strenuously do not think the book is outdated by any
means. In the list of quotes in the back, I wanted to add one more.
Suppose somebody exclaimed, "I just saved 20% on this purchase. Is that
awesome?!" You just simply counterpoint by saying, "Well, I saved 100%
by not buying it. Can you beat that?" All in all, I enjoyed reading The Only
Investment Guide You'll Ever Need a lot.
For More 5 Star Customer Reviews and Lowest Price:
The Only Investment Guide Youll Ever Need by Andrew Tobias 5 Star Customer
Reviews and Lowest Price!