The Truth About Money (2nd Edition)
Author: Ric Edelman
List Price: $19.95
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ISBN: 0060956364
Publisher: HarperBusiness (02 May, 2000)
Sales Rank: 9,804
Average Customer Rating: 4.27 out of 5
Customer Reviews
Rating: 5 out of 5
Excellent Money Management Guide
Ric's writing is fun to read, making a subject such as finance and money management an enjoyable experience. Ric is also spot on. His ideas challenge conventional "wisdom" on handling investing and financing. A reviewer was critical of Ric's suggestion to forego the tax exempt investments. However, a check with many associates and my own personal methods confirm Ric's assertion. You're better off in the higher returning taxable fund. By nature, you just won't invest the "savings" back into the tax exempt fund when April 15 rolls around. And you will pay your taxes from regular sources rather than liquidate a fund to pay them. Wham! Wake up call. This is one of the four best financial books of our time and a must read before making another major financial decision. The other three are: "The Millionaire Next Door" by Ph.D.'s Stanley and Danko, "Buffettology" by Mary Buffett, and "More Wealth Without Risk" by Charles Givens. Edelman gives Givens a run for the money. While the two books have many similar ideas, there are enough differences between them to offer the reader a choice on which method of handling an event may be more applicable to their particular situation.
Rating: 5 out of 5
Read it and buy one for everyone you know!
We heard Edelman on an NPR interview on the Derek McGinty Show. He was hilarious and his advice seemed sound -- and we weren't disappointed in reading the book. The book is chatty and filled with useful information. It's well organized with short easy-to-read sections if you want to use it as a reference book. It covers the gamut from 401(k) plans to life insurance to buying a house. It's good for 20-somethings through those preparing for retirement and planning their estates. We will buy Christmas copies for our parents and siblings and friends this year, in hopes that they will be enlightened into financial and investment security
Rating: 5 out of 5
One of the all-time best financial books
The Truth About Money is one of the best if not the best financial book written post 1995 (after More Wealth Without Risk)Edelman is a personal financial planner, a successful investor and heads one of the largest investment firms and successfully manages investors acccounts.What a pleasure it is to read a book written by an accomplished expert.Edelman covers all pertinent areas of personal finance. I bought this book several years ago, gave it out never got it back so recently bought Ric's newest book The Truth About Money 3rd edition which is even better than the second.Edelman is knowledgeable, perhaps the best in the business and is funny and witty too. Reading his books are a pleasure. He makes learning about personal finance a real joy as well as very profitable for those who acually follow his advice.This book is excellent, but I highly recommend his newest version The Truth About Money 3r edition for the best in personal finance. Similar Products
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Ordinary People, Extraordinary Wealth: The 8 Secrets of How 5,000 Ordinary Americans Became Successful Investors--and How You Can Too
More Wealth Without Risk
What You Need to Do Now : An 8-Point Action Plan to Secure Your Financial Independence
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