Explores the flaws in some of today's popular money strategies and offers advice and unconventional tips designed to help readers make the most of their investment dollar
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Worried about debt? Are you thinking about investing in a remodel on your house? Looking to invest your retirement in mutual funds? Or are you about to set up a custodial account for your kids? If you are, Jonathan Clements's book, 25 Myths You've Got to Avoid If You Want to Manage Your Money Right, couldn't be a timelier read. Clements, a columnist for the Wall Street Journal, picks apart long-standing myths of how you should manage your money and offers a set of sensible financial tips designed to help you sleep better at night.
Have you ever been told that you can't go wrong with mutual funds? That stocks are risky? That you should take out the largest mortgage possible? That life insurance is a good investment? That you should keep six months of emergency money? These myths and more are shattered in 25 Myths You've Got to Avoid -- If You Want to Manage Your Money Right. Each of the book's twenty-five chapters tackles a cherished money myth, first telling you why it no longer works and then showing you how to do it right. Along the way you will learn winning strategies for investing in mutual funds, building a portfolio, saving for retirement, paying for college, buying a house, preparing for financial emergencies, selecting insurance, and planning your estate.
The result? Instead of the predictable compendium of tedious advice tossed out by most personal-finance tomes, Clements's book offers a witty, fast-paced journey through today's treacherous investment world. Amusing and irreverent, here is an intriguing and accessible approach to personal finance.
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