Some many other authors out there just revise a few things and more or less put a new cover on an old book. Not Ric. This book is completely redone.
The Truth About Money is an easy read. It is informational, entertaining and enlightening. And it stands alone as a single source of financial information.
Want to know how to buy your first home, your next home and save on taxes when you sell. It's in here.
Want to get the facts on estate planning and long term care; learn how to protect yourself and your family? It's in here.
Want to learn the ABC's of investing; from annuities to zero coupon bonds, mutual funds to writing covered calls, go from owing money to owning money. Get out of debt and stay out of debt? It's in here.
And how about retirement. Do you want to learn the right steps that you need to take to reach the American Dream? Then read Ric Edelman's new book.
I considered myself pretty savvy on investing untill I took the 130 question money quizzes that Ric provides. I was surprised to find out how much I didn't know.
The Truth About Money is divided into 18 sections, 86 chapters and 625 pages. With all of that, you would think that this book would be a difficult read. Wrong. It is a delightful read. Ric is not only the most knowledgeable of financial authors, he is also one of the best writers in that he can take the most difficult subjects and make it fun and easy. No wonder his books have sold so well!
Ric is uniquely qualified to write on the subject of personal finance. Aside from earning the designations of CFS, RFC, CMFC, and QFP he was named by Research magazine as the #1 financial advisor in the nation for his focus on the individual client in 2003.
His firm Edelman Financial Services, Inc. has won more than 50 professional, business, community service and philanthropic awards and has been ranked twice by Bloomberg Wealth Manager as one of the largest independent financial planning and investment firms in the nation. The firm has created and implemented financial plans for more than 6,500 clients, and today Ric and his team manage $2 Billion for investors across the country.
If you want to buy just one book on personal finance, The Truth About Money should be that book. It is excellent. Everything you need to know about personal finance is in here.
5 stars is not enough. Amazon, you need to go back to 10 stars for this outstanding work by Edleman.
Ric is different. He is controversial. But his advice really works. Ric is not some magazine writer without a financial background who has never helped anybody and decides to write a book. As another reviewer has indicated, Ric is very qualified to speak on personal finance.
Other books that are useful include The Automatic Millionaire and although they have been around for awhile, The Millionaire Next Door and More Wealth Without Risk still offer powerful advice that you won't find anywhere else.
The Truth About Money is an outstanding book that must be read by anyone whow ants to learn the truth about money. The facts, not just opinions. Advice that is tried and true, not tired and through as with some financial authors.
And as already mentioned, this book has been updated and is current. Not just a new cover on an old book.
Easy, actually more like FUN to read. And motiviating. This is the best point. If you aren't motivated to act, it wont help you anyhow. The examples and descriptions make the goal of commanding personal finances and "owning your money" realistic. It does this by making you understand the processes.
Thats all I can say on this book, read the other reviews, they cover the rest.
One more thing though:
Why would you take advice from a canadian about a book written about the American financial institution?