Fast Profits in Hard Times: 10 Secret Strategies to Make You Rich in an Up or Down Economy

by Jordan E. Goodman

In FAST PROFITS IN HARD TIMES, Jordan
Goodman provides a wealth of 5-minute tips for earning extra income the easy
way, without unnecessary risk or extra legwork. Find out

100 stocks that offer free premiums if you reinvest their dividends

How to profit from Dividend Reinvestment Plans (DRIPs) quickly and
safely

Tax liens, which can provide risk-free interest of up to 25%

Trading stock options and how it can be, contrary to popular belief, very
low-risk with the right
knowledge and tools

Financial investment clubs and how they can help you gain leverage in the
market

Genres: Finance

256 pages, Hardcover

First published December 31, 2007

Reviews

[Sarah Sammis · Rating 3 out of 5]

It is a surreal experience to read a book about investing in a time of economic recession or as Jordan E. Goodman calls it "Hard Times." The former Money magazine journalist gives ten strategies for earning money in Fast Profits in Hard Times.

Each chapter contains one of the ten strategies and these strategies are further broken down into different techniques. The techniques involve: tax liens and deeds, below market real estate, income trusts and master limited partnerships, high-yield equities, DRIPs, bonds, options, foreign exchange, cash flow, and passive income strategies. Goodman writes in a straight forward fashion and shows exactly where one has to put in the hours of work to make the investment strategies pay off. Although he writes in an upbeat tone, he doesn't blindly promise results to everyone who reads his book.

As with all forms of investing, it takes money to make money. It also takes time and dedication. None of these ten strategies are "get rick quick schemes."

I am giving away my review copy. If you would like a chance to win, please leave a comment explaining why you'd like to win on the original contest blog post. Comments left on this review will not count as entries. The contest ends at 11 PM Pacific Time on April 29th.

[Lisa · Rating 4 out of 5]

I don't know how to rate a book like this since it is a financial book and the true judge of it would be if the ideas presented actually work. I liked it for the fact that many of the ideas were new to me and it gave me the confidence to try some of these on my own, so take my rating with a grain of salt.

[Randy · Rating 3 out of 5]

I enjoyed this book, it was a quick read with a wide variety of information. The content was not overly in-depth, but Jordan listed sources for more in depth information in each of the 10 "secret" strategies so a person could do more in depth studies. Some of the information may be dated by now, I read it a few years ago.

[Lloyd Bilal · Rating 5 out of 5]

good book for strategies to deal with the economy

[Carrie · Rating 2 out of 5]

Some good ideas, but most seemed to be high risk or a lot of initial investment.