The Neatest Little Guide to Do-It-Yourself Investing
Neatest Little Guide to Do-it-yourself Investing by Jason Kelly
A few years ago, when I was on vacation and making one of my daily trips to the discount bookstore, I was browsing the business section and came across this tiny little book The Neatest Little Guide to Do-It-Yourself Investing. It was on sale for a good price, and I decided I couldn’t lose. I figured it would be something good that I could start working on and maybe get a few pointers.
I think this is one of my favorites. I don’t think I was ever able to read it all the way through from beginning to end because I kept skipping forward whenever I saw what was coming up that looked appealing.
I really enjoyed the way it was written. It was very easy to understand and there are a lot of interesting examples to prove his points. It covers everything from understanding the opportunity and risk in stocks to finding money to invest, which was my favorite section. In the chapter entitled “Find $500 per Month to Invest”, he gives several unique ways to save and earn $500 per month. Some of these ideas I would have never thought of or known exist, and I even tried a couple out.
The main form of investing that he advocates is mutual funds. He gave some very good advice about mutual funds and even some real life cases of success in mutual funds. He gave the Simplest Investment Plan ever.
Each chapter is concluded with a chapter recap. There are great for when you need quick information and aren’t sure which exact page to find it on. There are also many great resources at the end of each chapter including several financial publications in print and online.
Overall, the book was very well written. Some of the points may seem basic, which makes this book great for the beginner or someone just getting starting. I would definitely recommend you get this book and read it!