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Rating: Summary: Needs better focus Review: A previous reviewer who accused the book of having too much fluff is, unfortunately, only slightly exaggerating. If the author had taken the time to tighten up the book and used only half as many words as he did, the resulting book would have been first rate useful. As it is, the book is a serious test of one's patience and concentration. The ideas are very reasonable, but the reader has to struggle to separate the wheat from the chaff.
Rating: Summary: Needs better focus Review: A previous reviewer who accused the book of having too much fluff is, unfortunately, only slightly exaggerating. If the author had taken the time to tighten up the book and used only half as many words as he did, the resulting book would have been first rate useful. As it is, the book is a serious test of one's patience and concentration. The ideas are very reasonable, but the reader has to struggle to separate the wheat from the chaff.
Rating: Summary: From a Jaffe fan: This book is what we have come to expect Review: I read Mr. Jaffe's column every week in the Boston Globe and bought this book after hearing him talk on this subject atthe Globe's personal finance conference (he autographed the book for me).This book gave me exactly what I have come to expect from Mr. Jaffe: Clear, insightful, unafraid commentary that helped give me the courage to go through with choosing a financial planner. I learned which questions to ask, and I took the book with me and asked those questions. And while it's early to tell (Mr. Jaffe says all the time that anything less than one year is not really long enough to judge), I am happy with my financial planner and expect to stay that way for a long time. As for the reviewer who thought this book was redundant, he must have skipped the introduction. That's where Mr. Jaffe explains why parts of the book are redundant and advises more knowledgeable investors to skip the parts that they don't need. If you do that, this book will give you exactly what you need. It certainly did for me.
Rating: Summary: Forces you to practice due diligence Review: Some people might think that Jaffe's book is obvious. But what's obvious to some may be revolutionary and important to others. The book outlines questions that should be asked of any financial proessionals one is considering hiring, and suggests interviewing at least three of each type of adviser to learn differences and to become comfortable. Jaffe's advice is so good that it is almost impossible not to gain many times the cost of the book in better financial planning and better peace of mind that one has proceeded with due diligence.
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