Why another book on investing? Because you think it's a lot harder than it actually is. Because investing scares you, and it shouldn't. Because you should be investing and you aren't. Because you're investing incorrectly and it's costing you a lot of money. Because the average savings of a 50-year old is $43,000.
This book is for you if you want to invest correctly (and enough!), but have zero interest in the complex stuff. This book is also for you if you're ready to take action.
Once you've finished reading this book, you'll know more than most when it comes to investing. Most importantly, you'll know exactly what you need to do to invest successfully.
I am getting ready to start investing instead of just saving money and this recommendation by a friend was a refreshing and educational ride into understanding the very basics of it. Great read. Time to create an allocation plan!
Finally a book I can understand about investing. Very straight forward. Informative about the main aspects of investing. The pros and cons of how to invest funds. This was the first book that stated not to invest in mutual funds. Also explained the different type of firms to get involved in.
This book delivers what it says it will. I am exactly who the author was targeting when he wrote this. Now I'm excited to start investing beyond my retirement plan at work.
This book takes basic wisdom and principles and pulls it together for people who want to invest but aren’t interested in the great complexity of tracking markets. I was interested in this book for personal use and for recommendations for premarital counseling with couples who want to plan out budgets and save for the future as they enter into marriage. This book is ultra basic but really clear and readable. A high school could read and understand it all. Different from the many other complex investment materials I’ve read, Jesse does a great job of keeping things simple and clear with minimal speculation. In concert with the phenomenal YNAB (You Need A Budget) software/philosophy, I plan to recommend this book to engaged and newly married couples to help them prepare for their future together.
Great for beginners who want to understand investing. It’s simple and straightforward.
Mecham is the founder of YNAB (You Need A Budget) and teaches, in my opinion, the best way to budget. I love that he wrote this short book (day 10 course) to help simplify investing.
(Minus 1 star for his over-recommendation of a specific investing platform.)
I read this 10 day course in one day. It is EXACTLY the information I have been looking for!! I wish I had read this 10 years ago (or whenever it was written). Tomorrow morning, I’m overhauling my investment strategy!
At this point I feel that Jesse is an older cousin looking out for me. I have used his software for a few years and have now read all of his books. Thanks, Jesse.
I have been using YNAB since May, and it has changed my financial life in a way I legitimately did not think was possible. When Jesse offered his investing course by email, I decided to take the plunge, and I'm so glad I did. He lays out the very, VERY basic vocabulary of investing and encourages readers to take a specific approach to it.
*Don't spend any more time managing your investments than is strictly necessary (which is similar to the YNAB method of budgeting once a month). *Invest automatically and be hands-off about managing your funds (which is like using the Quick Budget options in YNAB). *Invest now. Any money is more than no money. (In YNAB, you never EVER budget money you don't have on hand right now.)
Even if you've never heard of YNAB before, this course is a useful way to finally feel like you understand all that investing jargon and can make your money work *for* you without much actual work *from* you.
It was fun to read and gave a lot of really good information. But it felt more like a course outline than an actual course . It seemed that it needed to have some sort of follow through for each day to help act upon the information given . However, this book will help me start investing now and that's what it's all about.
A great beginning primer with some sound starter advice. If you're new to investing, it doesn't get much simpler than this. If you have done any amount of investing, then this is not what you're looking for.
This book basically tells you what not to do and what to do but doesn't go into explaining techniques of investing which is good for most people. You pick your investment wisely and then set it on autopilot.
As someone who is already very familiar with the topic of investing, I am not the target audience. However for someone who is brand new to investing, this is a great start. Covers the extreme basics in a conversational language.
Jesse Meacham offers an easy to understand approach to investing. While he has little new to say, his honest and straightforward book will be welcomed by beginning investors.
The 'like a pro' part made me think this book was written for more experienced investors. As a general observation, I find many short books available in Kindle Unlimited cater to beginners in various fields.
A nice little crash course to investing and finances. It stresses the importance of investing as a young adult and always invest for the long-term. I began to invest through Betterment after reading this book. I'm 25 years old and this book already has me thinking about retirement!
Great place to begin your investing journey. Easy reading but very much needed. I recommend this book to beginners and also to the elites as a refresher course.
I've used his budgeting software (https://www.youneedabudget.com/) since about 2013 (Thanks, Carlo!). The you need a budget (YNAB) software turned around my financial life (not exaggerating), and allowed my wife and me to buy our first house, budget for kids, move across the country, move again, and buy another house. We did this all on two educator salaries while paying off our credit cards and our student loans. We never could have accomplished that without YNAB. Again, I'm not exaggerating.
This book is a fast, more direct version of The Little Book of Common Sense Investing by John Bogle(which I also recommend), and it re-inspired me to get it together with investing for retirement. My wife and I recently had our third child (Welcome, Harry!) and my version of nesting always seems to have something to do with getting our act together financially. This book was short and punchy and did the trick.
It's sad that out of the over a thousand books I've read over all my adult years, I'm just getting around to reading book about investing.
This book, I read in about two hours including annotating, is a good introduction to the subject as far as I can tell. There's some confusing details in parts, but just keep reading and take some notes.
I plan to follow-up on Jesse's recommendations to get started investing. I've used his zero budgeting system for over two years now, and it has helped me discipline my spending and savings for true expenses to get to the point I can start investing. I could have done this a long time ago if I had only read this or a book like it.
The tone of this book is very approachable and this is an excellent primer for those who aren't sure if they should invest or the basic principles of investing (buy low, sell high; invest for the long-term; etc). The second half of the book was much more helpful (providing a ranking of what investment vehicles to focus on first) but I would have liked a little more depth on those topics (ok, I want to set up an IRA, now how to I choose a company for that?). This is a great book for motivating you and even has solid information if you're already committed to investing, but what I was really looking for was more nitty-gritty details.
Just like everything YNAB, this book was exactly what I needed. Jesse simplifies investing down to the core for 99% of the people. I love the set-it-and-forget-it approach, and I know it is true. It was really helpful having simply equations to figure out how much you should invest in bonds compared to stocks for your age, or the list of investment options in order from best to worst (and why) or the difference between investments and investment vehicles. Also, it's relatively funny throughout, which helps with such a dry topic. I don't know if the book was on sale ($0.99!) or what, but it is worth every penny even if it isn't on sale. Everyone should read this, the earlier the better.
I read through this book in less than an hour. The author provides a very basic and high level introduction to investing and offers personal advice on what has worked well for him (eg the author strongly recommends using Betterment for personal investing).
The book covers Stocks, bonds, mutual funds, index funds, ETFs, IRA. I recommend it for someone who has no idea on how to think of investments. I do no recommend it to someone who is looking to decide on how to invest because of the shallow level of details.
Investing can seem scary because it's not something many are taught. But if you don't over complicate things and you focus on a tried and true method of investing passively. You may be able to save a decent nest egg by the time you retire.
There are a few things in your control - time, amount of money invested and the asset allocation. Other things are not in your control such as market performance or taxes but you can to minimize these things by diversifying and using exchange traded funds or index/mutual funds.
This is a good book for complete beginners to the world of investment. You will definitely gain a baseline understanding of stocks, bonds, ETFs, mutual funds, and underlying investment principles such as risk versus reward, buy low sell high, etc. from this book.
However, if you are well-versed in the basics, this book is not for you. (Although it is super affordable and a terribly short read.)
Overall, I recommend it to readers who are looking to get a very basic overview and understanding of investment and its principles.
Last time I read this book, I was a few weeks postpartum and my pregnancy brain didn’t understand a word of it. So I pulled it up on my kindle app to read again and I got a much clearer picture of what he is saying. I think this has some really down to earth, easy to follow advice. My only issue is that I wish he spoke a little more broadly about options rather than focusing on his “personal favorites”, because his favorites won’t work for me. So now I have to try to translate that to something else.