5 comments about The Unemotional Investor: Simple System for Beating the Market (Motley Fool Books).

1. The hard informational content of this book could be presented on a single sheet of 8-1/2 x 11 inch paper. Then again, I'd be delighted to pay [money] for it if it showed me how to pick stocks with a 40% annual return. I don't know about you but I have hard time remaining unemotional when promised a 40% return!

   Of course, the real question is: does it work? Well, I haven't risked any of my money trying it out. (Do you think I'm nuts?) But even the author admits his theory is based on only 10 years of data. Whoa! I'll be getting off the bus right here, thanks...

   (For what it's worth, the author seems like a nice guy who really believes in his baby, so I take no joy in one-starring his book. I hope he gets his 40%.)




2. If you have any of the Motley Fools investment books, then this book is a waste of time and money. Robert Sheard, a former Motley fool employee, basically just takes the Motley Fools investment systems and puts a new cover on it, and sells it as a new book. He even re-uses the same jokes. Don't waste your money.



3. If you're like me and don't have time to pore over the Wall Street Journal every morning or stay online 10 hours a day watching the stock trends, this book is for you. It gives a simple, easy to follow, and "unemotional" system for picking top performing stocks. If the market is doing well, you will too. If it isn't, he describes when to get out. I made money with this system at a time when many of my friends were losing money on their stock "hunches."



4. I had to skip the first few chapters 'cause he kept talking about his personal life and blah blah. I finally get through that and it starts off w/ Kindergarten level investing. I read through a few more chapters and then I had to let it go. Not for me but not necessarily a bad book.



5. This book takes as it's premise that you can beat the market. Efficient Market proponents will find it hilarious.

   This book is worth it's purchase price for a detailed analysis of variations on the Dogs of the Dow strategy.

   The section on growth investing is to the best of my knowledge complete hogwash, data mining at it's worst. But the DOD part I think provides some reasonable investment ideas.

5 comments about The Motley Fool's Investing Without a Silver Spoon: How Anyone Can Build Wealth Through Direct Investing.

1. Lots of good info about basic investing for beginners, but the last half of the book is a list of all companies which offer DSPs or DRiPs and anyone can find this out for themselves as it is a matter of public record.



2. This book covers everything to get started in the stock market with whatever money you have, and it's concise enough too that it doesn't waste your time with extra words. A very finely written book. The investment plan information in the appendix is nice to have in print.



3. Great book for a starting investor who wants to save money on brokerage fees! I had zero knowledge on DRIP's and DSP's. This book helped me get started setting up an account and in picking a company to invest in long-term. This is the best investing book I have ever read. Jeff Fischer's writing style is comprehensable and fun to read. I loved it!



4. The first third of this book is detailed information about how to analyze stock numbers, ratios, etc. That's quite valuable information and key to developed a system of analysis to figure out the stocks in which you want to invest.

   What surprised me was the *rest* of the book! They compiled a comprehensive list of hundreds and hundreds of companies which have dividend reinvestment and related plans. This made calling those companies for more info so easy! So easy to get started with investing my savings for the long term. BUY THIS -- you won't regret it.




5. They loved Enron at the peak. Their methods are questionable.

5 comments about The Motley Fools Rule Breakers Rule Makers : The Foolish Guide To Picking Stocks.

1. It seems as though the success of the Motley Fool is very much a product of the information age and the internet's foray into the stock market. It's index of funds "^MFF" has taken a nosedive over the last year or so, only coming up slightly within the last couple of months. But let us take a look at what can be learned from the printings of the two Fools: David and Tom Gardner.

   For one some of the advice that they dish out can be a product of the time at which the book was written. A small portion of the book extols buying stocks when they are at their IPOs, a practice that brought investors considerable success before the advent of the dot-com debacle. Today such a practice would come under suspect just because of the lack of information most IPOs are able to offer given their nascent entrance into the business world. To be fair, the Gardners did spend a few sentences to preface their recommendations with the obvious heads up that one must do their due diligence before jumping into a stock head first.

   The element of humor within the informative book serves to entertain and amuse, satisfying a promise they make from the get go. If you're a fan of Shakespeare or at least can read prose from that day in era (personally I found it difficult) then we may not get some of the quips that were intended for us. Overall it's a good read that echoes the teachings of the Sage of Omaha: buy and hold.




2. Selecting the right stocks (or rather the right companies) is the foremost important step in Investing. And this books is all about the process of picking the best stocks from the whole universe of Stock market.
   
   As Tom and David believe, anyone with 5th grade math should be able to invest intelligently. And accordingly, they have written in simple and straight forward manner. There are no references to fancy formulas or any reference to 200 day moving averages etc etc.
   
   Most of the rules described are empirical, intuitive and easy to comprehend.
   
   For example ...
   
   -> Seek companies with repeat business model (Starbucks, McDonalds, Gillete etc)
   -> Seek companies that are the initial proponents and the market leaders (Coke, Gillete etc)
   -> Seek companies with high profit margin products (Starbucks etc)
   -> Seek companies which have good brand recognition (McDonalds, Coke etc)
   
   There are ample more rules that are described in detail in the book.
   
   This is definitely a must read for folks that are just getting started on Investing. I would suggest that you first read and understand the complete set of rules. For better understanding, apply those rules to few set of stocks that are interesting to you. Intuitively try to find out which rules really make sense to you. Probably come out of with just 7 rules that you find are absolutely interesting and relevant. Adopt those selected rules in your investing strategy.
   
   Happy Investing! Hopefully you will recover the cost of the book by applying the rules in this book :-)
   
   -Sachin



3. The Motely Fool has never shied away from congratulating itself, in an entertaining sort of way. The trouble comes in when the reality fails to live up to the authors' claims. Their style of rah-rah anyone-can-make-a-million investing appeals to some novice investors for obvious reasons. But as Malkiel points out in the classic A Random Walk Down Wall Street, there will always be a few people who have a fortunate run for a few years. Today, sadly, after the crash of 2000, the Gardners' conclusions in Rule Breakers Rule Makers seem to be more misleading than helpful, especially for someone just starting out.
   
   If investing were only as easy as the Gardners make out then their own "Rule Breaking" portfolio might have continued to work. They have tried to selectively cite certain of their more recent portfolios to make it appear that they're continuing to "beat the market like a drum", while sweeping under the rug their losing portfolios. But as the reality of their results stands, they ought to be ashamed of themselves for hyping up stocks and making themselves sound like the next Warren Buffett.
   
   There will always be people on Wall Street like the Gardners, inflating expectations and temporarily taking in some newcomers. In contrast, real investors like Buffett and Graham are modest about their results. They stick to a realistic expectation of returns, and realize that today's hot stock is often tomorrow's set of crashed dreams. A beginning investor would be much better served reading Graham's The Intelligent Investor, or another classic of the Street, rather than being drawn into a charming but unrealistic look at the high hopes of what are ultimately mere self-promoters.



4. This book provides a nice method for picking two kinds of promising stocks: rule-breakers, the next cisco, microsoft, or amazon; innovative, up and coming companies with enormous potential for growth: and rule-makers, solid, established companies, leaders in their fields, that promise steady profit and earnings. The authors give a list of the attributes to look for that identify each kind of company. It's valuable advice, but the book is full of that "irrational exuberance" that characterized the late 90s.



5. The best investment advice I received from buying and reading this books was do not waste anymore money on the Motley Fools books. The trust fund boys do not need your money and they show that by giving the reader nothing for their time and money. This book was a complete waste of time. I read hundreds of books a year and this is the first one that I felt cheated. I am so disappointed with this book that I had to tell all how bad it really was. There was nothing new in this book and the concepts are just a ploy to get you to sign up to their online service. Remember when you get this product home that I told you it was a waste of your time and money so do not come crying to me when you find out the same as I did. Find something else to ready.

5 comments about Investment Clubs: How to Start and Run One the Motley Fool Way.

1. My friends and I at my work place were interested in starting an investment club but we were not sure how to do it until one of the women said: "Aha, Motley Fool has put out a book about it!" So, we ordered the books, highlighted everything, and got excited about starting a club. And we did it all because of this book.



2. My sister and I were looking for info on starting an investment club for our family and we turned to the Motley Fool book. It was great for everyone in our family as we are all novices to the investing game. It was easy to read and everybody got through it before our first meeting. A big, big help!!!!



3. I have read both Starting and Running a Profitable Investment Club: The Official Guide from the National Association of Investment Clubs and The Investment Club Book in addition to this book.

   While the other two books are very thorough and very well done, this one is the easist to read and understand.

   I recommend all new Investment Club members to try this book.




4. My friends and I (all women) just recently started an investment club and this book was just great. It provided useful forms, guidelines and warnings on how to setup your club and who should be in your club. A lot seems like common sense and lot isn't. We took this book with it's nice forms, etc. and ran with it. Today we have a bonafide investment club, filed our taxes and have been making investments that make us happy (not necessarily rich).

   Like some of the others I bought other investment club books but you really don't need them. This one will do just as well and it's entertaining to boot.




5. In starting an investment club it's important that everyone involved has a good idea of what to expect from a club. In signing agreements and feeling as though you are going to be bound to a group for a long term endeavour, this book helps to ease the anxiety that goes along with the club forming experience.

   As with any other Motley Fool book this one has a reasonable balance of good, clear concise information, and foolish humor.

   As a primer for beginners, this book is the best I've seen. It has lots of samples of forms and the agreements and by-laws. It is written at a level that any investor should understand what is going on.

   I highly recommend this book to anyone interested in starting an investment club.

5 comments about The Motley Fool You Have More Than You Think : The Foolish Guide To Personal Finance.

1. The title of this book reflects the optimism that it breathes from beginning to end. It makes you want to go for it, without encouraging hasty decisions, and encourages to read more. For true fools (I mean morons) like myself, the book adequately warns you to first get out of debt before trying to invest. The part that tells you how to get out of debt is brief but the advice is sane, and optimistic. Once ready to invest, we are adviced to use a buy-and-hold strategy, and the arguments for it seem to make sense. Most importantly, after reading this, the reader has a clear general framework that help him/her to make confident investment decisions.
   
   Picky points:
   -A bit wordy on occasion.
   -Not enough advice on what to do when your stocks just keep declining



2. I have to say that this is the perfect book for any independent adult and/or college student. The main reason I say that is because schools do not offer education on financial freedom. If you are a teen or think you can't read this, go read Motley Fool Teens before reading this one.
   This book is separated into two halves. One half will tell you how to have good spending habits, pay debts, find good bank, etc. This half is good enough alone. They give you advice and tell you the reasons behind instead of "Trust us". This is a plus since most of the info is shocking. For instance, it is better to go to a casino than play the lottery since a casino has a payoff of 95% while the lottery is -50%! I personally can say that my life will be easier because of the forewarnings of mistakes and following the path least famous, but most secure.
   The other half is about how to invest the stock market. It is amazingly easy and it makes sense by adding charts of growth over time using average return. One of the points the book tries to keep in your head is the stock market only looks scary since not too many know much about it. Remember when you thought you would never learn addition in second grade? In this half the book goes in detail of how to open an account, deciding your stocks, why you shouldn't panic during slumps, etc.
   Unlike the teen version, this book is amusing with jokes on every page without overkill. The jokes do well to keep you entertain instead of dreading the fact you need to learn how to compound growth. The jokes even do well to get points across. A book of choice if you don't like books that sound like Ben Stein at pep rally.
   We all have gotten advice on money from other people and it is nice of the authors to actually mention advice people give and why or why not it is good. I mean, some people say they lived on ramen noodles and finger toothbrushes in college while the book offers strategies that allow you to live within your means. Remember that ramen is fattening!
   I can't say how priceless this info is for being practical and wonderfully hopeful of what is achievable with a small amount of thought. Nowadays people do not know what to do with their money and I see most knowing how to get rid of it. Anyway, this book is a must own for any adult and students alike struggling with the sheer thought of money.
   I give this book my strongest recommendation to possible to own, not rent.
   
   (...)



3. This book was a great read - I think tha's probably one of the benefits of reading a book on finances written by two English majors.
   
   Pros:
   - Helps you understand where to start in your personal world of finance. I especially enjoy the fact that there is an especially abhorrent attitude towards debt (i.e. - pay what you owe before you every try to put that money anywhere else).
   - These guys don't promise any fast cash, but employ a methodology that tends to scream, "slow and steady wins the race!"
   - The advice is sound, and there isn't any threatening terminology to find yourself lost in.
   - Like I said before, it's a great read. You aren't necessarily reading a manual written by guys who want to lay out the bare facts. You will be reading an entertaining and thoughtful tome on how to have fun with the way you think for your financial future.
   - The authors don't seem to assume any drastic steps here - just being smarter with what you have.
   
   Cons:
   - While the book helps you start in your personal world of finance, it still leaves a lot for you to figure out on your own. In the end, I was still wandering around the Internet trying to find more information. The book shows you a good direction in which to move, but it doesn't necessarily show you the door in.
   - The book isn't written for everyone. The authors admit this throughout their writing also.
   - Shameless self-advertisement - but it's funny at the least.
   
   My general perspective:
   (Third time, at least) This is a GREAT book. Even if you don't think that you can trust yourself to make a deposit in a savings account, give this book a chance. It opened my eyes to see that there are a lot of people out there making a lot of money and doing very little to merit their worth. These guys aren't business or marketing majors, but their experience speaks through the written word. They won't lose you in a milieu of doublespeak, but sort of hold your hand in understand how you can be your own money manager - and I like that.
   This is a work that is for the ordinary man - the sort of fellow that doesn't feel like working his way through a financial dictionary just to understand a book on personal finance. I found this book in my local library - and that's $11.20 you can take straight to the bank!



4. Wow. This book was really, really, really useful. I'm one of those people who, until recently, never gave a second thought to savings or investment because I was always living paycheck to paycheck. Now that we have a little gbreathing room, my husband and I have been reading up on financial things of interest.
   
   I HIGHLY recommend this book for your first one if you're absolutely clueless about personal finance. It takes a bunch of terms that many people find terrifying (stocks, bonds, mutual funds, etc.) and not only explains them and many others in amusing detail, but also makes the process of investing a lot more accessible to the average person. It's realistic, though--for one thing, the authors explain why everything from lottery tickets to penny stocks are a bad idea. It also bursts other bad habits, such as not buying Stock A because Stock B is cheaper per share--but not returning as much interest to the owner.
   
   Additionally, there's a lot of really good advice for newbies to investment.



5. I bought this book a good five years ago and ate it up. I have read it several times only to be reinforced in my investment approach - a well-diversified assortment of passive index funds, along with a few well chosen blue chips that pay regular dividends. Monthly automatic investments are now a way of life and though humble in its beginnings, my portfolio today is more than respectable in comparison with most of my "buy it new and yesterday" peers. The Gardner brothers style is informative, quirky, quite clever and humourous. If you don't have time to be a slave to mammon, you'll find as I have that INDEXING is the way to go- slow and steady, living within your means, depending on what you can invest per month-in 20-30 years you will be very wealthy.

No comments about The Motley Fool Investment Guide (Completely Revised and Expanded) (How the Fool Beats Wall Street's Wise Men and How You Can Too).

5 comments about The Motley Fool Investment Workbook (Motley Fool Books).

1. This book is great, really ... how many investment books (especially for us novices) actually impart useful knowledge to the reader while also making him/her laugh? That's what keeps the reader reading, rather than drowning in a sea of completely dry text (pretty much any other book) they are instead led to the next page out of enjoyment.



2. This is the investment workbook which goes along with The Motley Fool Investment Guide. However you do not need the Motley Fool Investment Guide to use this book.

   I like that this book gets you down in dirty into the actual analysis of companies, they have you analyse P/E ratios, P/S ratios, growth rates etc... Howver I don't like that the answers are written write next to the question. (Kind of defeats the whole purpose.) I also think its ok to have some humor in a book but this one is overloaded with silly questions from the Fools.

   Unless you want to have a book to just for filling in the blanks I recommend not buying this book. I think one of the other Motley Fool books such as their "Investment Guide" or "You have more than you think" would be worth it instead.

   Reed Floren




3. I bought this book after reading several other financial books by Peter Lynch, Roger Lowenstein, Arthur Levitt and John Murphy. I thought I'd add the Gardners to my variety of authors. While the concept that these other authors teach is great, the Gardners actually put the concept into action. They take you step by step through financial statements and number crunching. It is an excellent learning tool.



4. Half the battle of investing is actually **writing** down your personal finances. It's **much** too easy to pick up an investing book, read the material, understand it -- and do nothing. The TMF workbook succeeds in both providing easy to understand personal finance and financial advice to the new investor, and a workbook, so that the reader can actually apply what he learned. The book ends with two solid investing strategies: fundamental investing, which looks at the company and its balance sheet; and mechanical investing, through a variant of the Dow Dogs. One of the secrets to investing is to find a strategy that you feel most comfortable with, and the TMF Workbook will provide a number of options for **you** to find which is the best for **your** personal finances.



5. I ordered this book for my sister who has just started to invest. I gave her my old "You have more than you think" by David and Tom Gardner, (1990's) and thought this would be a nice accompaniment. I skimmed through it after receiving it, and upon closer examination, got hooked! The Gardner brothers have done it again. This book goes from the beginner (my sister) to the experienced novice (myself) clear up to the expert (where I want to be).
   
   This book has helped me see that, although I thought I was doing all the right things, there are changes I need to make (in the way that I think, as well as my record keeping) in order to make the next step of my financial goal obtainable.
   
   Be prepared to work, as a couple of the projects are tedious as well as challenging (one chapter I had to re-read), but with the ever-present Gardner humor you are encouraged every step of the way.
   
   I have since ordered another copy for my sister.

5 comments about The Motley Fool Investment Guide : How The Fool Beats Wall Streets Wise Men And How You Can Too.

1. The Motley Fools, for a novice investor, can be a life changing experience. "The proof of the pudding is in the eating" and their savvy insights regarding investments have served me well. Their stock market insights are delivered with wit and wisdom, and I was actually sad when I turned the last page and realized I had finished the book. That's my personal criteria for a well written book, does it leave you wanting more. The Fools deliver.



2. Overall,a well-written, easy to follow, and a solid book for people who attain a basic knowledge about mutual funds and stocks. This book is a must read for people who are interested in learning, exploring and testing stock picking techniques and for people who believe in the importance of doing fundamental analysis (financial ratios,data,etc.)when selecting the right company to invest in. The book offers a useful eight-item checklist that investors most follow when choosing the best small cap growth stocks. Also offers the pertient ratios from balance sheet,income statement, and cash flow that investors need to pay careful attention to when picking the right small cap stocks. The Motley fool shows a reader another way to make a positive return on stocks which is perfectly set for investors who are only interested participating during the bear market. The book recommends them to short stocks. Shorting stocks is the complete opposite of buying stocks. In addition, the book provides an useful overview of how companies go public (IPO) to issue stocks to investors to raise money, how common people can either look for brokers, discount brokers, deep discount brokers, or directly purchase stocks from the company to avoid paying commissions to purchase stocks online, and etc.
   
   However, not recommended book for readers who are technical investors because the book never delves into the subject of technical analysis but gives a short overview of why they dislike the method and should not be used when picking stocks. Moreover, not the right book for option and future investors because they have a little knowledge in this area.
   
   In conclusion, if you want to know how to analyze company fundamentally, purchasing this book should help but be wary and skeptical about one chapter that discusses about dow dividend investment technique. The brothers give false hope to investors that anybody is guaranteed a 25.5% annual growth return for 20 years if they buy 2 of the second lowest and 1 of third,fourth, and fifith lowest price from 30 dow stocks or called foolish 2-2-3-4-5 approach. This might be true in the past 20 years but due to our unstable and unforeseeable economy in the future, a stock return of 25.5 % for 20 years is highly unlikely to happen. More likely situation we can experience is witnessing another stock market crash or seeing a rise of inflation 4 % every year making 25.5% return look a dismal 14%. The only aspect on their approach to Dow investment that I agree with is their claim about the safeness of dow stocks. Nobody can argue this claim since Dow stocks consist of 30 well-established companies which have been in business for a century and it would be hard picturing them filing bankruptcy.
   
   Overall, I would give a 3.5 star to this book.



3. This book provides different viewpoints for investing, but mainly profiles their strategy: finding those diamonds in the rough. With chapters titled "maybe you should just buy mutual funds" and "maybe you should avoid mutual funds", this book builds up to their main focus: providing good suggestions on valuing companies (with the focus on small cap companies).
   
   Having previously taken finance courses, I found this book as a good refresher. Written in a light hearted manner, this book was pleasing to read, rather than perusing old text books. As with any book, they showcase their views. I would recommend reading other books, not only to gain more knowledge of investing but to see other strategies.



4. This book dramatically changed how I invest with great results. This is not a book that encourages get-rich quick schemes or will tell you how to "trade" stocks. It will give you the building blocks to create a solid investment portfolio that, over the course of a lifetime will make you wealthy. If you know nothing about the stock market, but are considering moving into this realm or are just wondering if there isn't something better than your underperforming mutual fund THIS IS THE BOOK FOR YOU.



5. David and Tom Gardner are real heroes because they are helping people know more about the great opportunities they have by investing their money in the stock market. I recommend this book to any person who is trying to improve their game as well as people that dont have experience with stocks.
   They tell you how stocks work they are not the kind of investment authors that say alot of "how great they are" but intstead they take you and teach you how stock work.
   
   Keep on the good work.

5 comments about The Motley Fool Personal Finance Workbook : A Foolproof Guide to Organizing Your Cash and Building Wealth.

1. I bought this book about a year after college, when I wanted to come up with a plan to get rid of some credit card debt and begin saving money. This guide is fun and interesting, yet informative. It guides you step-by-step through good personal finance habits, and allows you to prioritize what goals you have for the future. The most insightful to me was when it asks you to name the things you spend that LEAST contribute to your happiness and MOST contribute to your happiness. I.E. - it's not wasteful if the spending improves your quality of life - versus you're just spending to spend! The workbook section asks you to guess how much you spend on things each month and then actually track your spending for 6 months to help you develop a realistic budget & see how you did. It's definitely a wake-up call to people like me, who seemed to piddle their money away without realizing exactly where it's going. This exercise helps you find the answer to that question!



2. David and Tom Gardner have once again succeeded at making something difficult seem easy. As an estate planner, I know that many people avoid financial matters out of fear . . . fear that they're not smart enough to understand them. The Personal Finance Workbook puts valuable financial planning information at your fingertips and the forms to keep track of your finances are right in the book. If you are just starting out after college, or a Baby Boomer beginning to think about retirement, or someone retired, this workbook will be immediately useful. On a more personal level, as a dad, I am glad that a personal finance book like The Workbook exists. Young people who take early action on managing their finances and developing good savings habits will be infinitely better off in the long run.
   
   James Lange, CPA/Attorney and author of Retire Secure! Pay Taxes Later: The Key to Making Your Money Last as Long as You Do



3. I got this book a few weeks ago to get a feel for personal finance (I just turned 23 and i figured it was time) and it was oen of the best book purchases I ever made! It was laid out very simply with helpful charts and graphs so the math doesn't seem so abstract. Highly recommended!



4. I bought 3 copies of this workbook - one for each of my kids. I love that it provides the basics for them to learn budgeting, etc. and how to support themselves!



5. Terrific workbook...great to buy along with their other book, "You Have More Money Than You Think". Can't go wrong with these guys.

5 comments about The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of (Motley Fool).

1. I only skimmed this book (after all, I own almost all the other TMF books!), but I think this book is by far one of the best financial books for **any** new investor, regardless of age. While other books may have more content, this is one of the most approachable financial and investing books I've read. (Plus, its worksheets **force** you practice what you read!) Readable by adults, too!



2. This book will basically focus on the way the stock market works and how to invest in it. It also tells you how much you can save in the future. It is the meat of the book when it comes to the stock market, but the book will also teach you the cost of bad habits such as smoking and the upsides of credit cards if used right. The book teaches you how to get your money's worth in the bank, teaching you everything from how they make money to what a cd is. The worst thing about this book that annoyed me so much, I took off a point, was that they try to write the book in a type of slang format. Going from saying the word dawg and writing rock lyrics about the book. This is very annoying, but the tips this book gives are just too valuble to detour you alway.
   
   I recommend it to anyone of any age.



3. This books gives the true value of savings: a life worth dreamings about and investments we make for it to see it happen. This is a sweet and funny little book that makes money look exciting as a tool and token. I see this book as the clues to playing a cool video game. (More, like the hint book.) It's so casual that you think your reading Reader's Digest. You never feel confused! Math teacher's, parents, middle schoolers, high school students, college students, retirees: you'll love this book.



4. This book has reinforced what I have been preaching to my 17 year old for years......1) save and invest your money early, 2)live within your means as you get started in life (used vs new car), 3) attend the local university (keep student loans to minimum) and 4) practice a healthy lifestyle and you will soon learn that by the time you are 30 you will have more financial freedom and less debt than 90% of Americans.
   
   I wish I had been taught the discipline for the first two items as it wasn't until age 40 that I reached financial freedom. Fortunately for him, he is a believer after reading this book. Maybe along the way he will guide others in the right direction.



5. This is an excellent first book to give a teen who is not sure about investing as a good place to put his or her money. It is written with teens in mind and has tons of real-world examples to which teens can relate. It is a good start to get teens exciting about making their money work for them. I got it for my 16-year-old nephew who was skeptical, but is on board with taking control of his own financial future.