Smart Guide to Making Wise Investments

This book is a basic look at investing money in certain types of vehicles written in1998 which is still current 10 years later. While there are more advance books that give you actual techniques on what to look for, this book gives you the basics on understanding investments. This is a recommended starting place on this subject. It is easy and quick to read. From the start, Mr. Williamson explains why you should invest your money and some of its myths. He also explains the risks. This sound advice on the stock market, risk, and bonds will help you make you to make the right decisions on which one is best for you. The other sections describe simply about the vehicles such as: 1. Bonds and the how they are handled and traded 2. Trading stock and what types of them are out there and how to get them. The computer has made this easier. 3. Investing in Mutual Funds where he goes over the basics and the types. 4. Investing in annuities and why they are important. 5. Buying Real Estate and REIT (Real Estate Investment Trusts) where he explains why REIT pay higher dividends and usually safer. These are the primary types of investments you will encounter on you journey to wealth. The final section gives you a financial plan where Mr. Williamson gives you practical advice to start planning your investments and what methodology he uses. This helps the beginner greatly because it gets them started on the road to investing. He gives a detailed picture of what investments you should have at which particular time and how much of your investing dollars should go where. Let be known, that this book is for the beginner who wants general knowledge on these subjects, they are not 100% complete. There are other books that do go into more detail and will help you make a better and sound decision on investing (see my other reviews), which I recommend for you to read. Before investing however, please note you have to educate yourself, find your risk tolerance and be somewhat financially sound. Thanks and enjoy.

This book is brillant. Absorbing accurate, brief and clear paragraphs was a joy. In the margins there are money-making/ money-saving tips. It follows much easier than certain "for Dummies" claim. BUY THIS BOOK. You'll be happy with what you, too, have learned!