The Complete Idiot's Guide to Getting Rich

I purchased this book based on the reviews of other readers, and must admit I was very skeptical about it. But nothing ventured, nothing gained... This ventured really paid off. I haven't even read the entire book at the time of this review, but I have to give it 5 stars. This book takes away the smoke & mirrors about investing, and the author's enthusiasm about investing in contagious. I was a Suzie Orman fan and I'm sure she's a great person, but she comes off kind of arrogant: it's her way, or no way at all. Every couple of years Suzie has to repackage her advice into a new book. I've read most of her books: same song, maybe a different tune. Larry's book straight plain English with no BS: here's what you need to do, displicine is needed if you're serious, stay way of these investments, when you reach these milestones here are the considerations needed, etc. The book changed my outlook on investing. You don't need a full service broker. Buy this book, and forget paying commissions. A little research and you can just as good as the pros, provided you do your homework.

The book lays out in simple, easy-to-understand terms, the ways you achieve wealth. The writing is not preachy nor circuitous like Rich Dad, Poor Dad. What we have here is a clear, easy-to-follow roadmap to financial independence. There are loads of insights and mind-opening concepts here, so I recommend buying this book. It's money well spent.

I have to carry this in a brown bag so no one will see me reading an Idiot's book. But it's worth the embarrassment if someone does see it on my bookshelf- this is a great book on accumulating wealth for beginners. It has an easy to-read-format and gives sensible advice for people of any income level. Whether you have $50 a month to invest or a fortune, you can probably find some good tips in here. I am not a wealthy person, just someone trying to learn how better manage what I have invested and trying not to make any big mistakes. Tips include saving and investing knowledge, as well as how to start a business and how to cultivate the right attitude and habits for success.

Before I picked this book up I was indeed an idiot. Now I'm ... well, much much less of an idiot. Filled with definitions and anecdotes, this book explains how different types of investments work. Most helpful, however, are the very basic characteristics needed to become wealthy. Rather than focusing on complex descriptions of portfolios or giving a run-down of "hot" stock tips, the author delivers sound practical advice like "cut down your spending and save as much as you can." I also liked that it was not just a "beginner's" book, but provides tips for everyone from young adults to millionaires on how to build and safeguard wealth.

I use this as a reference guide on a variety of financial subjects ranging from mortgages to retirement plans and Roth ira's. This book is written in plain english - as if you were sitting down for a conversation with the author.