Product Description

For more than twenty-five years, The Only Investment Guide You'll Ever Need has been America's favorite finance guide, winning the allegiance of more than a million readers across the country. Now this indispensable book has been fully revised and updated-covering all the new tax laws-and reorganized with a new user-friendly design. Concise, witty, and truly understandable, Andrew Tobias shows you how to use your money to your best advantage-no matter how much or how little you have. o How to spend smarter-and save $1,000 or more o When to invest in stocks, and how o The ins and outs of investing on the Internet o Tax strategies, from tuition to retirement o Whom-if anyone-you can trust to manage your money and much, much more How to spend smarter--and save $1,000 or more When to invest in stocks, and how The ins and outs of investing on the Internet Tax strategies, from tuition to retirement The basics of life insurance Who--if anyone--you can trust to manage your money The inside skinny on annuities, real estate, and Social Security and much, much more

Product Details

• Amazon Sales Rank: #225713 in Books
• Published on: 2004-12-14
• Original language: English
• Dimensions: .78" h x 5.70" w x 7.80" l, .65 pounds
• Binding: Paperback
• 312 pages

From Library Journal
You've probably got the original it was a million-copy best seller so here's a revised version covering new laws and the joys of the Internet.
Copyright 2001 Reed Business Information, Inc.

From Booklist
The certainties in life must now include death, taxes--and Andrew Tobias. Every three to five years, the financial reference industry's most modestly titled book gets a remodeling job, whether or not it is needed. Aside from his My Vast Fortune (1997), this is Tobias' annuity--and a true labor of love. How else could anyone explain the easy-going conversational style that lures the reader into a nodding complacency about a specific kind of investment vehicle until the three words, "don't buy them?" He succeeds in holding our interest precisely because the examples are pulled from real life, the same-old-same-old explanations (like compounding interest) are avoided, and he ruthlessly skirts platitudes. So his "trust no one" chapter begins with life insurance commercials and concludes with speculative can't-miss deals. Everything is up-to-date here; it would be a risk to miss this, the eighth, edition. Barbara Jacobs
Copyright © American Library Association. All rights reserved

Review
Personal-finance guru Andrew Tobias slams online trading and praises the Roth IRA in his newly revised The Only Investment Guide You'll Ever Need. This investment bible remains as stimulating and meaningful as it was when it was first published 20 years ago. It's 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 Tobias's 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. "It's 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." Tobias's favorite new entry is the Roth IRA, which allows you to withdraw your money tax-free when you retire. It's 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 doesn't matter if it's 1978, 1998, or even 2008. The Only Investment Guide You'll Ever Need still is exactly that. Some things never change. (Amazon.com Review - Dan Ring )