| Jim Cramer's Real Money: Sane Investing in an Insane World
Publisher: Simon & Schuster |
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| ISBN: 0743224892 List Price: $26.00 Amazon Price: $17.16 Usually ships in 24 hours |
Avg Cusomer Rating: 2 Reviews: Summary: Good for beginners, but so so for veterans The author said that he wrote this book because many complaint to him that he had not taught how to profit in his first book "Confession of a Street Addict". As a professional trader who had read tens of trading books, I am obliged to say that I enjoyed and learnt from his previous book much more than this. Though the author emphasized his book's (and his own) differences with and superiority over others, I am obliged to say that there are many better alternatives (of very similar writing style, context and by more successful traders/investors) out there. Two great examples are Bernard Baruch's "My own story" and William Gann's "Forty-five years in Wall Street". Both of them laid down rules, as well. It's so easy to tell which ones are better. p.s. Sorry to say that I still did not learn from the book how the author did his turnaround trade near the end of 1998 (to win back the 90 millions loss from the first three quarters). He said he had simply returned to the fundamentals under the supervision of his wife in about two months. Dont kid me! For those who think that I must have been biased by "Trading with the Enemy: Seduction and Betrayal on Jim Cramer's Wall Street by Nicholas W. Maier", I would rather say the later carries a lot more solid fact. Summary: Jim is a well know investing guru I read this book with great interest, My husband had a copy in his collection of books on investing. My husband was an investor for many years and used a technique called passive investing. From the material things he left around the house and our life style I can only assume he was more successful than most investors. My husband left me with a large investment portfolio. For years he tried to teach me about stocks and bonds. He told me about index funds but for one reason or another I could not grasp just what he was talking about. I decided that it was about time I learned how to invest. My lawyer helped me transfer title to our securities account and suggest I get a good book on the subject. I looked through my husband's library and all his books looked too technical. In desperation I typed in on the Amazon web site "How to Make Money in the Stock Market and found this book. I read all the reviews and decided to buy the book. This little book told me what I wanted to know. Like what was the strategy was my husband following. Where could I go for help when needed? In the book I found a web site that directed me to other investors who follow strategies using index mutual funds. I often asked my husband what stocks he purchased and he would say all of them. He had mentioned index funds. I went to the web site he often visited and was mentioned in the book. When I logged on to my surprise the other posters knew my husband and was familiar with his investing techniques. I had found investing friends. I urge all widows at a loss to buy this little book titled How to Make Money in the Stock Market-Buy 2,500 Different Stocks for $1,000-Pay no Commission by Gordon L. Eade a retired investor with 50 years experience. It only took me 45 minutes to read the book. I know now how to manage my husband's portfolio and where to go to get accurate and unbiased investment advice when needed. I will read all the other books mentioned in this book to further my knowledge of how to invest in stocks and bonds. For now I am comfortable and am certain my financial future is secure. For those who don't care to get too involved-read the chapter on AUTOMATIC PORTFOLIOS. These are portfolios offered by Vanguard that adjust risk automatically. This little book is a great gift for wives, children and grandchildren to learn more about the market. Summary: Tired of "boo-yah"... ...but not of Cramer. Excellent book for beginner to intermediate investors. Cramer is a good story-teller which is helpful in understanding some of the more complex concepts. It is a good idea to examine many different viewpoints on investing because to make truly informed investment decisions, you have to know two things: 1. What's in it for the person giving the viewpoint? (ie. what are they trying to sell you - buyer beware) 2. Does the viewpoint ring true? On score 1 it is quite clear Cramer would like to sell you stuff (the content he offers through TV, Radio, Internet and Writings), however the good news is he is not a broker or agent and has rules in place to prevent fraud (besides the fact the industry is highly regulated and he is a public figure). That is not to say public figures or regulated industry are immune to fraud! Like Cramers says, you have to do the homework yourself. On score 2, in my opinion his book rings true. He does a good job of grounding himself by his own mistakes and telling you how to learn from them, though unfortunately there is no substitute better than your own mistakes. The stock market is more unpredictable than the weather and Cramer brings to light most of the factors that can impact the market. He also acknowledges the fact that investing is very much like gambling - case in point? - he recommends a handicapping book over any other investing book to help pick stocks! Bottom line is... this book is a great addition to a personal investment book library. Summary: |
| The Money Book for the Young, Fabulous & Broke
Publisher: Riverhead Hardcover |
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| ISBN: 1573222976 List Price: $24.95 Amazon Price: $15.49 Usually ships in 24 hours |
Avg Cusomer Rating: 5 Reviews: Summary: Just a great book on investing I read this book cover to cover in just two sittings. THe author has a super command of the subject. I had seen her on TV and the book is as good as her lectures. While I am here I want to recommend another book I think all women could use when looking over their husbands finances. My husband left me with a large investment portfolio. For years he tried to teach me about stocks and bonds. He told me about index funds but for one reason or another I could not grasp just what he was talking about. I decided that it was about time I learned how to invest. My lawyer helped me transfer title to our securities account and suggest I get a good book on the subject. I looked through my husband's library and all his books looked too technical. In desperation I typed in on the Amazon web site "How to Make Money in the Stock Market and found this book. I read all the reviews and decided to buy the book. This little book told me what I wanted to know. Like what was the strategy was my husband following. Where could I go for help when needed? In the book I found a web site that directed me to other investors who follow strategies using index mutual funds. I often asked my husband what stocks he purchased and he would say all of them. He had mentioned index funds. I went to the web site he often visited and was mentioned in the book. When I logged on to my surprise the other posters knew my husband and was familiar with his investing techniques. I had found investing friends. I urge all widows at a loss to buy this little book titled How to Make Money in the Stock Market-Buy 2,500 Different Stocks for $1,000-Pay no Commission by Gordon L. Eade a retired investor with 50 years experience. It only took me 45 minutes to read the book. I know now how to manage my husband's portfolio and where to go to get accurate and unbiased investment advice when needed. I will read all the other books mentioned in this book to further my knowledge of how to invest in stocks and bonds. For now I am comfortable and am certain my financial future is secure. For those who don't care to get too involved-read the chapter on AUTOMATIC PORTFOLIOS. These are portfolios offered by Vanguard that adjust risk automatically. This little book is a great gift for wives, children and grandchildren to learn more about the market. Summary: Don't follow Suze's home buying advice. According to Suze, buying a home is your best investment. For many, many people, buying a home is financial suicide. Suze thinks a home is a good deal because if you buy a $100,000 home with 10% down and the home goes up 4% in the first year you have made a 40% return on your $10,000 investment! What kind of voodoo accounting is this? The money is tied up in the home... you aren't getting any of it until you sell, and then that $4,000 will be wiped out by selling costs. Suze gives an example of buying a $150,000 house with a 30 year fixed 6 percent mortagage that will cost you $174,000 IN INTEREST alone. That means the total cost of the home is over $300,000. And let's not forget property taxes. At $4,000 a year, that's another $100,000. What about heating costs? Plus there is maintenance and a new roof and furnace and insurance... that $150,000 home is going to cost you well over half a million dollars. And when you sell it in 30 years, where are you going to live? If you buy a new home you will be paying the future home price; not today's price. The REAL reason why buying a home is financial suicide for most people is due to OPPORTUNITY COSTS. An opportunity cost is when you can't do something because you already spent your money on something else. If you are paying a mortgage, what class couldn't you afford to take that would have landed you a better paying job? What business couldn't you start? Most people need to concentrate on upping their income before they start making big ticket purchases. One last thing: if you get old and have a catastrophic illness or break a hip and have to go in a nursing home at $4,000 a month, those costs are coming out of your assets; if you have any. All of that profit from your house sale will be gone in months; not years. I've seen people who were broke and wards of the state end up in nicer state run nursing homes than people who were forced to pay their own way at for profit homes because they had assets. The government encourages people to buy homes because they know at the tail end of their life that home will pay for nursing home and medical care and prescription drugs. If you are broke, the government has to provide for you. Americans don't vote for politicians who let old people die from lack of care. Mortgages are financial suicide for most people. Summary: Suze Orman is Fabulous! It's about time someone smart AND funny wrote a money book targeted toward the younger generations! This should be a required gift for all high school graduates PRIOR to leaving for college...I know it would have benefitted me greatly! Suze gives easy to understand advice on everything from FICO scores to mortgages to car payments, and everything in between. I knew a lot of this information because by the time I bought the book (a year after college graduation), I had bought a car and all but destroyed my FICO score; however, her advice has helped me begin the process of fixing my defunct score. This book is chalk full of fabulous advice for our generation...buy this now!!! Summary: |
| Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth
Publisher: Collins |
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| ISBN: 0060763280 List Price: $19.95 Amazon Price: $13.57 Usually ships in 24 hours |
Avg Cusomer Rating: 4 Reviews: Summary: Beliefs That May Help Your Financial Progress I decided to read this book after I heard T. Harv Eker speak on a live teleseminar about his book and course. I was impressed with his speaking style which is good for helping someone shift his or her beliefs. He uses emotions and humor . . . and a fast patter . . . to make it easy to see your views more objectively. Mr. Eker makes a remarkable offer. Buy this book and you can attend one of his three-day seminars for free. I don't recall ever receiving an offer like that. I assume that he makes his money by selling other services and products at the seminar, but that's fair. Even when you pay thousands for a seminar, there are the inevitable pitches for more offerings. I figured that it wouldn't hurt to listen to someone who seems to have a talent for helping change beliefs for three days. I have been to other seminars on similar subjects, such as the one that Tony Robbins used to offer for Mastery University, and have been very disappointed in each case. So my expectations for the book and seminar weren't very high. But the book does seem to be a cut above many of the other "reprogram your assumptions" books to improve your financial situation. What I liked about the book was that Mr. Eker has identified so many different belief systems that can hold someone back from pursuing prosperity. The heart of the book comes in his 17 contrasts between what rich people believe and what poor people believe. The most fundamental is number one: "Rich people believe 'I create my life.' Poor people believe 'Life happens to me.'" That's a pretty standard prescription for self-improvement authors and trainers. One that I hadn't thought about before is "Rich people admire other rich and successful people. Poor people resent rich and successful people." It's pretty hard to work on becoming like someone you resent. That thought caused me to pause. An unexpected point (which I suspect came from Built to Last) is that "Rich people think 'both.' Poor people think 'either/or.'" I thought that perspective was also new and useful in this context. None of the other 15 points were unexpected to me. But perhaps if you are new to the idea that rich people think differently than poor people you will find all of these points to be novel. After all, we each have a different row to hoe in life. The sections are brief and a fast reader can gobble this book down in less than an hour. But you come away feeling comfortable that Mr. Eker will help you cross the chasm to changing your assumptions about life. The book's main weakness is the emphasis on the rich-poor contrast. It would have been more helpful to have a stairway of attitudes beginning with billionaires and working on down through the homeless. A book of that sort could help somewhat people expand their financial perspectives to a higher level better than this book does. Mr. Eker communicates clearly and with credibility. If you are serious about wanting to improve your balance sheet, this book can be a helpful part of the process . . . but think about going to one of those seminars as well. I suspect you'll get far more benefit from the combination than either one alone. Summary: It made me think There are some good, pep-talking nuggets in this book. I enjoyed reading it and found it to be well worth the less-than-20-bucks price tag. It got me thinking about my attitudes about money and how they just might be holding me back from achieving more. But... sometimes Harv gets preachy toward those who might disagree with his ideas. For example, he says that people who resent business promotions from others have a 'poor people' mindset. I don't mind hearing about products, I just prefer not to be a captive audience and I have no use for hard sell, annoying 'marketing.' After reading the book, I signed up for the free three-day Millionaire Mind Intensive workshop. I was very disappointed because the majority of material in the Intensive is in the book, with a lot of 'partnering' exercises to drive the points home. Some is fun, like dancing with a room full of people to keep up the 'energy,' but they also spend a huge amount of time promoting their other expensive seminars, DVDs, CDs, t-shirts, etc. There were over a thousand people in attendance and everywhere I turned, someone was pushing their product or looking for bodies to sign up for a down line in their network marketing business. Yuck. If you like this type of networking, you would love this. I am more interested in the psychology and spriritual growth aspects as a means to make more money, so the seminar was quite painful for me. I got what I needed from the book. Summary: Would make Snake Oil salesman proud! I went to T. Harvey Ecker's "free" seminars. He is a low grade con artist in my opinion that tends to attract some low grade groupies and offers low grade products/information. Russ Whitney move over, Harvey Ecker is in town and he offers even less than you do. Such a deal! Yup, Harvey Ecker is the last person I'd ask how to improve my financial circumstances. There are better books out there and much better methods. In one of his seminars about 4 years ago he claimed his book "Millionaire Mind" was a bestseller. I didn't believe him (a gut feeling) and investigated: NOT! I told the groupie who nagged me to go to his seminar, her response was that of a deer caught in a headlight and she rushed to the table in the back (at the second seminar I went with her out of curiosity) and spent $3000 maxing out her credit card (deep financial debt due to a divorce) to go to some "warrior" training camp which he contracts out to some outfit. Needless to say she was of the "needy personality". She went to every one of his "free" seminars that he had when in town and would hover around the stage like a dazed & confused school girl - it was surreal. He was supposed to make an appearance at his *paid* "warrior" training camp but was too busy "shaking the foundations" with his message. Yeah, right! Why did I go? I'm openminded and inquisitive but know a carnie when I see one. Been around lots of them. Folks, this guy is your typical purveyor of BS who I highly doubt has ever operated a business (we only have HIS 'word" on this) and does seminars and "workshops" but has never actually applied them to the real world. He operates mostly in Canada because he's too low grade to mingle with the big boys in the USA. You want to improve your life? Like I say there are better people out there to read and advise you. I'm just informing you that this guy ain't one of them. His goal, and his only goal, is to give you repackaged horsehooey disguised as profound wisdom and mark it up 1000% all the while making unsubstantiated claims to the truly desperate. If you're that stupid, after reading this heads up, to buy T. Harv Ecker's books and attend his "Sucker Born Every Minute" seminars, please be my guest. For the record I scanned this book and his Millionaire Mind one. As Dr, Phil would say, "Past behavior is a good indicator of future behavior." In this case, his books, like his seminars, are fluff packaging for the desperate and why I'm doing this review. I hate to see people being shafted bearing in the mind the above paragraph. In addition, I noticed some positive reviews from authors (i.e. Kevin Hogan) who actually are good and i'm disappointed but in a society of "let's endorse everyone so they'll endorse me", it isn't surprising. How anyone could legitimately endorse this guy and keep a straight face is beyond me. I guess standards keep on falling and Ecker's "products" will keep on rising. Let me reiterate, if you desire financial success look other places and read other books. Here you'll find deceptive methodology, expensive programs that are designed to open your wallet and give you as little as possible and books that are marginal at best, useless at worst. Obviously, I'm talking to those whom I have described. I have seen first hand the damage guys like this can do to thos ewho are desperate and gullible. Summary: |
| Trading for a Living: Psychology, Trading Tactics, Money Management
Publisher: Wiley |
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| ISBN: 0471592242 List Price: $75.00 Amazon Price: $47.25 Usually ships in 24 hours |
Avg Cusomer Rating: 5 Reviews: Summary: A wonder for traders I love this book more than I can say. 5 stars for easy to understand explanation, great strategies, groundbreaking systems, and many more. Summary: Excellent Summary This audio book is a very good summary of what one should consider if trading for a living or at least as a business. The concept of group psychology in trading was new to me, very very interesting. Summary: highly informative and entertaining This review applies to the audio CD. This book stands out as perhaps the single best trading guide I've come across to date. It sounds great, and the author keeps things interesting from start to finish by inserting personal anecdotes and darkly humorous metaphors to emphasize his points, which are complimented nicely by the melodramatic delivery of the reader. Though the age of the written work shows (it repeatedly references antiquated trading tools such pencils, rulers, and telephones), nearly all the advice offered is still highly applicable in today's trading world. It tops my list of recommendations for beginning traders. Summary: |
| The Millionaire Real Estate Agent: It's Not About the Money...It's About Being the Best You Can Be!
Publisher: McGraw-Hill |
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| ISBN: 0071444041 List Price: $21.95 Amazon Price: $14.93 Usually ships in 24 hours |
Avg Cusomer Rating: 5 Reviews: Summary: The best book on how to succeed in real estate This book is an excellent tool for a beginning agent or an experienced agent who wants to take his or her business to the next level. It is especially valuable in the following areas: 1. Lead Generation - the book is crystal clear about the fact that real estate is a lead generation business. The authors provide quantifiable models to generate leads that work, provided that the agent is disciplined enough to follow and stick with the program. 2. Budgeting and Marketing - Too many agents make the mistake of spending money they don't have. The authors stress the need to spend out of profits (red light, green light) and stick to your budget. The top line is important if you want to feed your ego and be agent of the month. The bottom line is important if you want to live a really good life. 3. If you list, you last - The authors stress that agents should prospect for listings. This is extremely important. Listings are inventory, and as with any business, the person who controls the inventory is the person who will profit the most. The beauty of inventory in real estate is that you don't own it, so you don't pay the carrying costs, run the risk of loss or theft etc as you would in most other businesses that carry inventory. Without a listing inventory, you are vulnerable to the market. With a listing inventory, you are the market. One area where caution is warranted is in the hiring of staff. The authors are decidedly pro-team, and that's fine, but too many agents add staff too quickly and kill their bottom line as a result. It's helpful to look at the profiles in the back of the book and determine how many transactions per year per person these top teams do. Unless you leverage your staff to do more transactions per person than you can do alone, you might be better off growing staff more slowly than quickly. That's a minor gripe, though, and the authors do an adequate job of explaining the risk. Overall, this book is the best source of knowledge on how to structure a winning residential agency business that I've come across, and it is well worth the price of admission. Bob Sharpe www.canyonlakemls.com Summary: Developing a Real Estate Business: This is the Best! I have to laugh at the people who complain about this book, they are not reading the same book I am. I turn to Kellers book almost weekly. I went from no sales and no listings to 3 listings in 3 weeks since reading his book. Just his 8x8 touch technique alone was worth the price. This book is not for everyone. If you are satisfied with your career as is then you will not go the extra effort Keller suggests. For the serious Realtor looking to go out on their own, this book is the roadmap on how to do it. My ten year plan is to develop the skills and relationships needed to go out on my own. This book will take me there with some hard and smart work. Just the fact that Keller has such details in one book is amazing. Everyone from Michael Gerbers to Tony Robbins systems are in this book. What makes it a classic is the fact that the book can combine such a wide range of information in a clear and simple format. Thanks to Keller for writing such an inspiring book. Much Success! Summary: Must read! For everyone who's new, newer or older in the real estate arena, this book will change your way of doing business. Summary: |
| Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!
Publisher: Warner Business Books |
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| ISBN: 0446677450 List Price: $16.95 Amazon Price: $11.18 Usually ships in 24 hours |
Avg Cusomer Rating: 5 Reviews: Summary: I'm surprised that there are not more negative reviews here. I am not surprised at the 1 star reviews posted here. In fact, I expected a lot more. Kiyosaki goes against the norm. He tells us thate verything we were taught was normal, i s in fact holding us back from achieving our dreams. He tells us that education will keep you broke. That is standard education. What you say? How could that be true? We were always taught by our parents that to succeed we need to get good grades in grade school, then go to Junior High School and get good grades so we could go to High School and then go on to college and get good grades so we could get a good job. We do that and what is the result? We find that we were lied to. That all education does is make us good employees and helps us make our employer rich. And we find out that our employers could care less about us. We also find out how much more there is to learn to really succeed and not just get by. Kiyosaki tells us the story about his Rich Dad and his Poor Dad. We find that Kiyosaki's real dad his Poor Dad was a victim on standard education and beliefs and died at a young age, broke and embarrassed. We then learn what Kiyosaki's Rich Dad (his friends dad) taught him and this is what made Kiyosaki's Rich Dad and Kiyosaki and Kiyosaki students wealthy. HINT: It wasn't a college degree or working for an employer. Kiyosaki also tells us that a home is not an asset to you, but a liability. A lot of people have a problem with this. But check your financial statement. If you have a mortgage, your house is listed as a liability to you and an asset to your bank. Even if your home is paid off there is still maintenance that can eat you alive. Kiyosaki warns that too many people are trying to keep up with the Joneses and end up with a alligator that eats them alive. It's called your home. Kiyosaki is also pro business as in self employment. Esepcially in Cash Flow Quadrant, Kiyosaki covers the four quadrants and explains why no matter where you are right now, you can start to create wealth. Kiyosaki also gets a lot of heat for recommending full service as opposed to discount brokers and even makes joke by indicating that many brokers get their name because they make you broker. This may be a joke, but it is not funny and it is true. Most brokers are out to sell you their Soupd'jour-The stock of the day. Whatever their managers tell them to sell and makes them the most money. Full service brokers will work for your interests and in the long run, cost you LESS not MORE. Some cheap tabloids have taken some cheap shots at Kiyosaki just like they have others like Suze Orman. It's not working. There is also a tabloid like website run by someone that nobody who is successful has ever heard of. Beware of tabloid-like websites that purport to tell you the truth about successful people like Kiyosaki and then want to sell you something and inundaunt you with a mass of spam once they get your email address. And then they sell your name to other tabloid-like sites. These people are just pests and predators. HINT: Never use your main email address when you go to these sites. Overall Rich Dad Poor Dad is excellent. I am glad that the parasites and predators on the naive are still attcaking Kiyosaki. I am only surprised that there are not more of them. I am not surprised to see that it is not working though. Rich Dad Poor Dad remains a best seller now for 9 years. The best selling financial book ever. 10 years from now it will still be selling while the pests and predators will still be writing garbage while they stay "Johnny Lunch-Buckets" and float from job to job to job. Good luck! Summary: Good Book - Highly recommended Considering the times that we are going through, I cannot recommend Rich Dad Poor Dad enough. And great to see that Rich Dad Poor Dad is still in the top 30 books at respectable book stores! Great book. Must reading. Summary: I did it and you can too! I was motivated to write this review after reading another which said that Robert's information is "dangerous" in that he suggests that one can become rich while still young with little hard work instead of following the usual advice of go to school and get a good job. Here's my story: On June 22, 2002, I was broke with $18 to my name. On August 17, 2003, just under 14 months later, I retired at the age of 30. I never have to work again if I don't want to. I credit two authors for this: Napoleon Hill, who gave me the proper mindset to succeed, and Robert Kiyosaki, who gave me the "how-to." The reason I was broke with $18 was because of two previous failures in starting a business. I read all of the Rich Dad, Poor Dad series (at the library as I was too broke to buy the books) and realized what I had been doing wrong. I applied what I learned from Robert and as a result my third try at starting a business has been immensely successful. In fact, 2006 is shaping up to be a mind-boggling year for me in terms of growth and income. When I read the negative reviews, I must assume that those who write them are very small-minded and cannot see the possibilities and priceless information contained within the Rich Dad, Poor Dad series. Like I said, I applied what I learned to entrepreneurship and am now wealthy as a result. And, as I say in my own writings, everything comes down to ACTION. You'll never get anywhere if you merely read and say, "Oh, that won't work for me." Read these books. Go to the library if you must, like I had to because I was broke. Start with this one and read the entire series in order. Apply what you learn and you will not regret it. This 32-year old retiree promises you that much. Summary: |
| The Pre-Foreclosure Property Investor's Kit : How to Make Money Buying Distressed Real Estate -- Before the Public Auction
Publisher: John Wiley & Sons |
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| ISBN: 0471692794 List Price: $19.95 Amazon Price: $13.57 Usually ships in 24 hours |
Avg Cusomer Rating: 5 Reviews: Summary: Everyone interested in making money in real estate should own a copy of this book. This priceless book is comparably inexpensive,if compared with the time consuming,money wasted "get quick rich" trashes out there.I have read some books on investing in real estate and this is written in a very EXPLICIT manner,and by far is the ABSOLUTE BEST one. The author, Thomas Lucier, gives straight-forward, accurate, and comprehensive information on how to make money buying properties that are in the pre-foreclosure stage of the foreclosure process. It is explained that each state differs in regards to foreclosures; there is detailed information on how to become an expert in your specific state. This book covers every area of buying properties in practically every stage of foreclosure and is great for beginners as well as experienced investors. There is a throughout explanation of the foreclosure process and details on negotiating with property owners and lienholders, how different types of loans work, how to price properties, how to repair or hire people to repair properties, how to search for and verify everything to make a safe and prosperous investment, and much more. There are many helpful websites listed in the book also;which I wish if instead, was written on a Cd accompanying the book. He delivers the vast amount of information impeccably in honest manner.One of the most important things I found with this book is the emphasis on how to handle every step of buying these properties in the most diligent manner to ensure a safe and sound investment. If you read this very detailed and comprehensive book and still have a question, the author Mr. Lucier, he has provided you his personal email address and phone number in his book.I emailed him with a question and his personal opinion, he responded back promptly with a very helpful answer.Mr. Lucier,is one of a few scarce honest man still arround. Summary: It's OK The book is decent, but there are much better books on foreclosures out there. I wasn't very impressed with the amount of information that was given. I was able to find out more in some of the other books. Summary: The BEST book for Investment Real Estate I have read many books on investing in real estate and this is by far the ABSOLUTE BEST one. The author, Thomas Lucier, gives straight-forward, accurate, and comprehensive information on how to make money buying properties that are in the pre-foreclosure stage of the foreclosure process. It is explained that each state differs in regards to foreclosures; there is detailed information on how to become an expert in your specific state and county. This book covers every area of buying properties in this stage of foreclosure and is great for beginners as well as experienced investors. There is a throughout explanation of the foreclosure process and details on negotiating with property owners and lienholders, how different types of loans work, how to price properties, how to repair or hire people to repair properties, how to search for and verify everything to make a safe and properous investment, and much, much more. There are many helpful websites listed also. One of the most important things I found with this book is the emphasis on how to handle every step of buying these properties in the most diligent manner to ensure a safe and sound investment. If you read this very detailed and comprehensive book and still have a question, the author gives his personal email address and phone number. When I emailed him with a question, he responded within the hour with a very helpful answer. Everyone interested in making money in real estate should own a copy of this book. Summary: |
| The Handbook of Fixed Income Securities (Handbook of Fixed Income Securities)
Publisher: McGraw-Hill |
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| ISBN: 0071440992 List Price: $129.95 Amazon Price: $81.87 Usually ships in 24 hours |
Avg Cusomer Rating: 5 Reviews: Summary: You should buy this book!!! It is not a quant book, but there are a lot of information about bonds market you should know before applying any model. This book has a lot of these informations that I think you would spend many days and weeks googling for. Don't worry if you feel like needing a more math intensive book. You should by this one, a quant book and read some papers to leverage you knowledge. Don't forget to spend sometime talking to traders too. Summary: Handbook painfully does not work. Book offers meaningless tasks to deliver. Too much time reading, and too much time wasted if applied. Summary: Good but repetitive (collection of essays). This book probably tells you everything you need to know about bonds. Certainly, I was asked four 'interview' questions about bonds the other day and I could answer all 4 confidently after reading just the opening chapters. However the length of the book works against it. It's so huge, Fabozzi hasn't written it all himself, rather, he's relied on a number of authors to contribute chapters. This results in an uneven flow. After a chapter 5, a fairly complex chapter covering things like calculating the yield-to-maturity by combining all of a bond's cashflows, comes chapter 6, covering such basics as how to calculate a percentage return if you invest x dollars and get back y dollars 1 year later! Another problem is that the book's got so huge, Fabozzi's even forgotten what's in it. For example, repos are covered in pages 295-301, and pages 1048-1054. However, the coverage is almost identical, word-for-word. One is clearly just a slightly edited version of the other. Both chapters are written by Fabozzi and Steven V Mann. Perhaps Fabozzi, as editor, simply forgot that he included the information previously, and added it in again in a later edition. This kind of repetitivness just wastes the reader's time. Summary: |
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