Rating: Summary: This Money Book is Not For Everybody! Review: If you want redundant generic advice and know absolutely nothing about money, this book may be for you. Trump, Buffett and Turner are not the only ones who wouldn't buy this book!While I am a Wall Streeter, I don't believe in get rich quick and a interested in a good all around study of money including personal finance, taxes, playing the market for profit and good long term investments like mutual funds, blue chip stocks, tax liens and real estate. For personal finance I highly recommend the Motleys new book and for investing I Strongly encourage everyone to attend ANTHONY ROBBINS PERSONAL FINANCIAL POWER SEMINAR to turbo-charge your investments and Cash Flow. And at least Motley and Robbins don't bore readers with 1,000 pages of generic already overplayed information (much of which is out of date) as Jane Bryan Quinn does. Keep in mind that Ms Quinn makes her money by writing about money and not necessarily by applying what she writes about. The best use! of this book would be as a tax write off---purchasing it would be a TOTAL LOSS!
Rating: Summary: Should be mandatory reading for every newlywed couple Review: I've enjoyed Quinn's newspaper column for years but this is the first book of hers I've read. I consider myself to have more financial knowledge than the average person, but I was very impressed with the range of topics (from What to do in the case of an auto accident to Zero coupon bonds) and the easy-to-read writing style. She covers everything thoroughly, as well. This is NOT a get-rich-quick book but an essential book of basics. (Anthony Robbins doesn't give financial advice; he takes people's money!) I'm giving it as an accessory to a cash gift for a wedding gift next month.
Rating: Summary: For the beginner and intermediate money fool Review: If you're looking for advice on how to make a killing on Wall Street, this book is NOT for you! Read Motley Fools instead. If, however, you are a typical John/Jane Doe trying to make ends meet, buy a house, maybe begin investing, AND figure out how much insurance you need, then this is your BIBLE. Those reviewers who have panned this book are the Wall Street investment types. Don't let them discourage you from buying this wonderful reference for "the rest of us". An excellent and entertaining book.
Rating: Summary: A book that doesn't deserve one-line crackpot reviews Review: I find it hard to believe that anyone would rate this book with a "1" considering the abundance of detailed and helpful information that it contains. Ms. Quinn may be a writer, but she has been able to weed out financial quackery to compile the most comprehensive reference book on financial planning available. Every conceivable topic about personal finance can be found in this book. Young people often fail to recognize the value of conservative financial advice. They look for the "hidden secrets" that have been discovered by cab drivers who have gone on to become millionaires not knowing that they are simply in the process of being duped by age-old get-rich-quick schemes. Making the Most of Your Money should be on everybody's bookshelf. When you are faced with an obscure topic like "what to put in a safe-deposit box", Quinn spells out in detail what and why. If you're thinking of borrowing for investments, Quinn makes you think about the risks and rewards. If you're thinking of leasing a car, Quinn covers the pros and cons. If nothing else, this book will give you a list of what you need to understand when making a personal finance decision. You can then turn to other sources for more in-depth discussions. I would recommend this book to everyone regardless of their current financial goals. For those of you who are looking for get-rich-quick schemes, try Wade Cook. He'll charge you $7,000 for a seminar and help you lose your life savings in the options market. The education you'll get from that lesson will make you appreciate sound advice.
Rating: Summary: BORROW IT--DON'T BUY IT! Review: I gave this book a 3 only for people who don't know beans about personal finance and like to read as a hobby. The information is way too basic and some is misleading i.e. her comments on stock splits. Quinn makes it sound like when a stock splits say 2 for 1, you now have two five's in place of one ten. The truth is when a stock splits a tremendous amount of momentum and excitement is created --- it goes beyond a stock splitting,it's the amount of money that can be made during all phases of the split that makes investing in stocks that are splitting exciting. I saw similiar errors with insurance. home buying, mutual funds, credit etc, etc.etc. If you are curous, like was, you may want to read this. But don't take the in- formation too seriously and you'll definitely want to read some other financial books to get some real meaty financial techniques. My best advice---save your money and your time---READ SOMETHINGELSE.
Rating: Summary: SHOULD BE SOLD IN PAIRS-GREAT BOOKENDS Review: Yes, they should sell this as a 2-1 deal. The books would make great bookends---that would be the best use of MsQuinns material! Most of what Quinn offers is basic and general, much is outdated for the times and in many places, Quinn shows that she is a journalistic paper financial authority only. There is better information out there by authors who are more up on the times and have researched more carefully their material. .
Rating: Summary: Excellent Reference Book Review: I have read the previous version of this book cover-to-cover a number of times and found it to be an excellent reference/overview book. However, I find much of her advice to be very vanilla and too simplistic. For a topic as complex and important as personal finance, one should have a variety of resources available and should continue to educate oneself. I believe that this book can be a valuable part of that library, but should not be the only item. I have loaned this book to numerous people for education purposes, but only with a list of the applicable sections to read.
Rating: Summary: Excellent introduction to the world of finance Review: For all those out there that are reluctant to learn and do more about their finances, this is a good way to get going. I read somewhere, for example, that about three-fourths of women haven't a clue...they were raised to believe a man would take care of them. Jane Bryant Quinn has a broad base of knowledge, cites references if the reader wants to go into anything further, and her witty interesting style transforms what is a boring subject to many of us. I suspect the "1" ratings given this book are from frustrated financial planners who hate to see this information given out for free.
Rating: Summary: ERRONOUS ADVICE!!! Review: If you really want to make the mostout of your money, don't buy this book. QUINN is a good writer, but heradvice has a lot of holes. For exampleshe talks about stock splits and makes it sound like there is no benefit to this decause if a stock splits 2-1, you have twice as many shares at 1/2 the price, which is true. However, when a stock split a lot of excitementis generated and there is a tendency for any stock that is splitting toincrease dramatically; at the announcement, several times bfore the split, at the split and several timesafer the split. Recent examples include LUCENT, DELL, and AOL. Obviously, Quinn as never played themarker or researched stock splits. Hadshe checked she would know this.Quinn also makes reference to usingmoney market mutual funds for checkwrting---a technique that I use. Quinnis misleading when she says you can get 1-2 weeks "FLOAT TIME" that wastrue durng the mid to late 80's, butnt anymore thanks to electronic transfers! Also there arelimitationson these money market mutuals. Somecompanies only let you write checksfor $500 or more, others require youto invest in securities or they willcharge you a fee. Many require $5000to $20000 TO OPEN so are practicalfor everyone. The accoounts that costless than $100 to open pay interest rates so low that they are comparable to bank savigs/money market accoountsand don't offer debit cards. Again Ifeel QUINN is misleading and givingadvice on techniques that she doesn't even use herself! I agree with theother reviews that QUINN is a writerfirst and foremost, not qualifiedinvestment/financial advisor. If youwant good investment advice read theMotley Fools, Peter Lynch or Bill O'Niel. If you want good financialavice, check out Charles Schwab'snew book, or Eric Tysons PersonalFinance for Dummies or Terri SavageMoney Matters.
Rating: Summary: Investment Advice Suspect Review: If you follow JBQ's investment advice,you will be paying commissions for only slightly better than savings/cdrates! Quinn is a writer, not a investment/financial wizard. Betterinformation is available; Eric Tyson,Terrie Savage, Bill O'niel and CharlesSchwab. Unless you have money to throwaway, skip this book!
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