Tuesday, May 6, 2008

Easy Money by Liz Pulliam Weston

"Easy Money , a book for those who like Vanguard"

Easy Money is an easy read that is very informative. It is written from a conservative investors approach. This book is a very useful tool for someone who knows nothing about investing. It lays the ground work for the first phone call you'll make to Vanguard, because when all is said and done, they will help you much more than reading this book. (Ms. Pulliam shamelessly promotes Vanguard all throughout the book, making me wonder if she has worked out a special arrangement.)

Easy Money is the very first step an investor should take no matter which level they are at because it lays the groundwork down in a very understandable format on or about the high school reading level. This read is by no means exciting and may take you several days to read it because you will want to put it down and digest what you just read. One should read this book twice if their financial future is in doubt.

Several topics that are discussed in length include:

Everyday investing
Day to day frugality

The author is obviously well versed in investing and investment strategy but seems to lack any sense of adventure. She is a true conservative in her investment strategy which will serve 99.9% of the readers of this book.

On a scale of 1-10 I give this book a 2 for overall enjoyment but I give this book a 9 in the must read category for financial security.


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