Accounting

Although my husband and I are fairly sophisticated investors, the title of this book appealed to us. It's written in an easy to read style, without complicated graphs and charts and without a lot of investment jargon. For us, it was interesting to read how the pros on Wall Street pick their stocks -- to "get into their heads" a little-- by reading the profiles. However, this book is really ideal for the novice investor, because it covers many topics and is a terrific overview. The lessons are short, but we see that as an advantage for someone who is new to investing. If the lessons were too long or too complicated, a new investor might not stick with the book long enough to finish it. There is a lot of information in this book. In fact, we're recommending it to some friends who want to get into the stock market, but have no idea where to begin. They would have to spend months reading to learn what's condensed in this book. The book also helps would-be investors learn about sources of information on the Internet (and other places). We think this is a great first book for anyone who wants to get an overview of investing.

This book was the first book I read about the stock market and I found it an easy read and it opened up my mind for the stock market. Acctually it gave me a different view. Much more relaxed view if you like. At the same time I found the author repeting himself too often. You will need further reading but this book is a good beginner and it also plays a role as a guide for further reading.

It is funny how different people can have so many conflicting opinions about the same book. The author interviewed some of the most famous and successful investors in the country. You have to be out of your mind not to come away with something useful. The lessons are not obvious, at least to this humble long-term investor. Maybe if you know everything about the stock market, then devising a strategy, creating rules, cutting your losses, holding winners, minimizing risk by using dollar cost averaging, avoiding trading options and futures and 101 other lessons might be common-sense, but not to me.

Bottom line: One of the best books I have read on investing in the stock market.

Don't waste your valuable time with this one. When the suggestions are "Move to a state with lower death taxes" (#969), "don't let your kids watch Saturday morning cartoons" (448), and "recycle your knee-high socks into ankle-length by cutting them" (248), I would venture to guess that most people would not find these "tips" practical. One tip (489) even suggests to invite grandparents to visit often because they'll bring presents for your kids! Almost all of the good tips (there are a few) are common-sense ways to cut expenses like use coupons, buy off-season, etc. Just look at how many people are selling this book "used" to see how helpful it is.

This excellent book by Jonathan Pond will provide you with 1001 practical ways (that you won't find anywhere else) to reduce expences and to invest or expand your lifestyle.

Please ignore the 1 star reviews. If you haven't already figureed it out, they are all from the same JBQ shill.

I also recommend "The Courage To Be Rich", "The Laws of Money" and "9 Steps to Financial Freedom" by Suze Orman.

When I came across this book I was out of work and deeply in debt. Thanks to the tips in "101 ways" I found many ways to dig myself out of debt and into financial freedom.

Great book. Highly recommended.