What does this mean?Pros & Cons
Pros
Passive market index funds like vti (us), vxus (international) are the best ways to invest in the stock market unless you're warren buffett. Warren buffett suggests you invest in low fee index funds. Very comprehensive book on personal finance and inv... Read More
Cons
Title reads less like an introduction to personal finance and more like the disconnected opinions of what boomers think about the younger generations money management problems.
Overview
- How are reviewers describing this item?
good, many and personal. - Our engine has profiled the reviewer patterns and has determined that there is high deception involved.
- Our engine has analyzed and discovered that 53.8% of the reviews are reliable.
- This product had a total of 159 reviews as of our last analysis date on Dec 21 2023.
Helpful InsightsBETA
Posted by a reviewer on Amazon
Im a tax nerd and thought this was a good 101 book but its missing some very important information that i want to highlight when discussing treasury products the author fails to mention ibonds
Posted by a reviewer on Amazon
Ibonds are biannually adjusted for inflation and may even return interest in addition to inflation adjustments
Posted by a reviewer on Amazon
After 1 year they can be redeemed for a marginal fee no fee after 5 years
Posted by a reviewer on Amazon
I would have preferred to see the tickers of low expense ratio total market encompassing mutual funds or etfs listed
Posted by a reviewer on Amazon
By the way warren buffett suggests you invest in low fee index funds
Posted by a reviewer on Amazon
Author makes a passing mention to shortterm capital gains vs longterm but does not elaborate
Posted by a reviewer on Amazon
If youre going to recommend people open a taxable brokerage account you should at least inform them that gains under 1 year will be taxed at ordinary income brackets while long term gains greater than 1 year will generally be taxed at 15 or 0 if you dont make much money
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