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Title: For the novice investor, it serves its purpose.
Review: This book provides a survey of investment topics without telling you how to invest... which is really up to you, in the end. It explains equities, bonds, annuities, saving for college, saving for retirement, modern portfolio theory, risk management, asset allocation, and many other topics of interest.Get this book- If you're just getting started.- You want to understand how markets work.- You'd like a thorough explanation of various types of investments.- You want to understand risk vs. reward of different types of assets, equities, etc.Look elsewhere if- You already know about the aforementioned topics. This book doesn't provide "tips and tricks" or offer any new enlightening subject matter.If, after reading this, you're sold on indexed mutual funds, a good follow-up is The Bogleheads' Guide to Investing.
