The Best Investment Advice I Ever Received: Priceless Wisdom from Warren Buffett, Jim Cramer, Suze Orman, Steve Forbes, and Dozens of Other Top Financial Experts
by Liz Claman
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Book Summary Information
Author: Liz ClamanEdition: Paperback
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2007-11-21
ISBN: 0446696102
Number of pages: 240
Publisher: Business Plus
Book Reviews of The Best Investment Advice I Ever Received: Priceless Wisdom from Warren Buffett, Jim Cramer, Suze Orman, Steve Forbes, and Dozens of Other Top Financial Experts
Book Review: Investing: Just Get the Ball Over the Net
Summary: 4 Stars
Whoa! How will last week's turmoil on Wall Street affect your organization and your team members? Here's a simple idea to bless your staff. Every morning around the coffee pot or the water cooler, hold a stand-up check-in meeting of no more than 10 minutes.
After reviewing the day's priorities, read a page or a paragraph from this insightful book. Fast forward 10, 20 or 30 years. Many of your team members will be retired--if they have managed their investments prudently. Ask your staff how many hours they have invested in the last 12 months on learning about prudent money management practices?
You can help them prepare for retirement by adding several financial planning books to your resource library, including this one. The subtitle reads, "Priceless Wisdom from Warren Buffett, Jim Cramer, Suze Orman, Steve Forbes, and Dozens of Other Top Financial Experts."
With 20/20 hindsight almost a year after the publication of the paperback (November 2007), it's still revealing to read and discern the wisdom from these 65 business and financial experts.
* "It is startling to know that a $23,000 investment at birth, invested at a 6 percent annual interest rate, would grow to $1,015,334.35 at age sixty-five." (Paul O'Neill)
* "There was a wonderful money manager decades ago who said you should invest the way you play tennis. Unless you're a pro, just try to get the ball over the net. In investing, just try to get the ball over the net and let compounding interest do the rest." (Steve Forbes)
* "His advice was remarkably simple: Save. Save a lot and save often. One of the unique characteristics of Americans is that we generally don't realize that savings and consumption are mutually exclusive. You simply can't do both." (Richard Bernstein)
You'll find more wisdom in this quick-reading book. Buy it and your ROI could be stunning. It's a helpful resource to "The Budget Bucket," one of the 20 buckets in my book, Mastering The Management Buckets: 20 Critical Competencies for Leading Your Business or Non-profit.
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