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The Motley Fool's What to Do with Your Money Now: Ten Steps to Staying Up in a Down Market - Hardcover
Synopsis
A guide to managing personal finances in the wake of current economic instabilities presents advice on protecting one's interests with coverage of debt management, the stock market, mutual funds, and preparing for the economic rebound. 100,000 first printing.
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Review
Go back in time for a minute, when the Motley Fool's last big investment book was first published in January 1999. The NASDAQ was hovering at around 2300, stocks like Cisco and Microsoft were leading the markets up, and the Motley Fool had four books on Amazon's bestseller lists, including Rule Breakers, Rule Makers, which for that month was listed at No. 3. Since then, the stock market has boomed and crashed, the economy has sunk in and out of recession, and millions of investors (including the Fools) have watched their stock portfolios shrink. In What to Do with Your Money Now, the Gardner brothers draw lessons from the mistakes that lead to the bust and offer a plethora of advice aimed at guiding investors in this more sober economic environment. Much of what they recommend echoes the practical advice offered in their earlier books (e.g., create a financial plan, get out of debt), while other prescriptions offer a truer reflection of the times (e.g., consider CDs, invest in high-dividend stocks as well as bond and index funds). While the events of the last few years have humbled the Fools somewhat, they've lost none of their trademark humor, and fans and newcomers alike should find lots to latch onto in this book. --Harry C. Edwards
About the Author
David Gardner and Tom Gardner cofounded The Motley Fool, a multimedia financial education company, in 1993. Since then, they have coauthored four New York Times bestsellers, including The Motley Fool Investment Guide, The Motley Fool You Have More Than You Think, and The Motley Fool's Rule Breakers, Rule Makers. In addition to writing bestselling books, the Gardners also oversee the awarding-winning Web site Fool.com, a nationally syndicated newspaper column, which is carried by more than 200 papers, and host a weekly radio program on NPR.
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- PublisherSimon & Schuster
- Publication date2002
- ISBN 10 0743233786
- ISBN 13 9780743233781
- BindingHardcover
- Edition number1
- Number of pages224
- Rating
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