A crashproof course in high-speed investing for those too busy making money to manage it explains how to simplify money-management chores with time-saving techniques for creating personal financial plans that work. 50,000 first printing. Tour.
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The target readers for this personal finance guide are time-pressed working people with little or no experience at active money management. The author, a financial advisor, takes a conservative, methodical approach to growing one's assets, emphasizing preservation of capital against the ravages of inflation. Sprouse stresses strategic time management and record-keeping as vital to gaining control over one's financial well-being. In her view, wasted time and motion in money management are nearly sinful, and waiting in bank lines is perhaps one step from purgatory. The author advises using one personal identification number (PIN) for all one's transaction cards--which, however, might end up financing a week in Las Vegas for the next purse-snatcher. This book could complement a library's more comprehensive personal finance guides, such as Jane Bryant's Making the Most of Your Money (audio ed., LJ 9/15/92). Recommended for collections on financial management for the general public.
- Michael Stevenson, Harvard Business Sch. Lib.
Copyright 1993 Reed Business Information, Inc.
In this concise, specific guide geared to a time-obsessed, workaholic society, TV financial adviser Sprouse outlines principles of financial planning, which will allow the reader to generate a "low-maintenance, hands-off" investment strategy. Her time-saving management suggestions involve up-to-date record-keeping and the use of telephone, personal computer and bank bill-paying services (various types of which she rates in terms of cost and efficiency). Favoring well-balanced, risk-proof diversification, Sprouse proposes 10 "timeless" investment strategies along with 10 "safe" options, U.S. Treasury issues among them. Unsurprisingly, she recommends that investors exercise great care in selecting a broker or other professional adviser, and that they study company and funds reports, ratings, etc. BOMC, QPB and Fortune Book Club alternates; author tour.
Copyright 1993 Reed Business Information, Inc.
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