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The Motley Fool's Money After 40: Building Wealth for a Better Life

The Motley Fool's Money After 40: Building Wealth for a Better Life

List Price: $25.00
Your Price: $17.50
Product Info Reviews

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Rating: 5 stars
Summary: Your additional feedback welcomed!
Review: As with all of our books, we love to hear your comments, whether positive words or constructive criticism. We particularly benefit from the latter as we eventually take our books from hard-cover to paperback, so if you have any corrections or other suggestions, our organization would love to hear from you -- you can e-mail our Fool team at CS@Fool.com.

Tom and I put a lot of work into this book and have had many others breathe life into it, from great customer anecdotes and Motley Fool stories to numerous quotations from a variety of well-known business leaders and celebs via our NPR show. As with all Motley Fool books, it's our hope that we have educated, amused, and enriched you, and that you're inspired to make better financial decisions as a result. Foolish best! --DG

Rating: 5 stars
Summary: A retirement book for the boomer generation
Review: David and Tom Gardner walk the reader through retirement planning in their usual good-natured style. Everything is covered here for us age-phobic boomers-investments, insurance, housing, social security, health care, educating our kids and taking care of our aging parents. I particularly liked their suggestions about the need to downsize our oversized houses and to sell off our excess possessions on eBay (hopefully to unsuspecting members of Generation X). A well-written and sensible book. Now all I need is enough common sense to follow their advice.

Rating: 1 stars
Summary: Self Promoting Charlatans in Jester Hats
Review: David and Tom Gardner walk the reader through retirement planning in their usual good-natured style. Everything is covered here for us age-phobic boomers?investments, insurance, housing, social security, health care, educating our kids and taking care of our aging parents. I particularly liked their suggestions about the need to downsize our oversized houses and to sell off our excess possessions on eBay (presumably to unsuspecting members of Generation X). A well-written and sensible book. Now all I need is enough common sense to follow their advice.

Rating: 5 stars
Summary: This book is great!
Review: I've read several of The Motley Fool books and this one is great!

Rating: 1 stars
Summary: Self Promoting Charlatans in Jester Hats
Review: Why anybody would buy an investment book from these hucksters is beyond me. Take a look at their book "Rule Makers, Rule Breakers", written during the bubble and still available via Amazon even though the Gardners no longer use those approaches to investing. The Gardners ran two real money portfolios based on those convoluted and untested theories that were quietly shut down after horrible performance in the post-bubble period from 2000-2002. Why wouldn't they ask their publisher to withdraw the book?

After their previous investing methods (Rule Maker, Rule Breaker, Foolish Four, etc.) were thoroughly discredited in the 2000-2002 bear market, the Gardners reemerged and started marketing investment newsletters based on a wide variety of new untested approaches. One of them, "Hidden Gems", specializes in recommending small, illiquid stocks which are sure to get a quick pop when the novice newsletter subscribers buy the recommendations. One of their books, "The Motley Fool Investment Guide" had bashed investment newsletters for calculating their performance by using purchase prices for stocks prior to when their recommendations were made public (i.e. the people that actually bought them would have paid more). Now that the Gardners are in the newsletter business, that's exactly what they do to inflate their own performance numbers. They're apparently incapable of shame.

How is it that these 2 guys who had the arrogance to start giving investment advice to the masses when they were barely out of college, have the time to host a weekly NPR radio show, write a never ending stream of books, write a syndicated newspaper column, run a business (The Motley Fool, with message boards, newsletters, etc.) AND research stocks?

Underneath the Gardners shtick (the "fools" versus the "wise, etc.) and the cutesy-poo writing are two guys that, like Wall Street and most of the mutual fund industry, will do anything for a buck. Don't fall for it.

If you're looking for a book on investing for retirement that is written by somebody competent and honest, I'd recommend John Bogle's book. Bogle, who ran Vanguard and brought low cost index funds to the masses, is a legend in the investment business and a true friend of small investors. You'll be better off getting investment advice from Bogle than a couple of fools.


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