The Investment Answer, Gordon Murray
The Investment Answer, Gordon Murray
1 Rating(s)
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The Investment Answer
Learn to Manage Your Money & Protect Your Financial Future (tentative)

Author: Gordon Murray, Daniel C. Goldie

Narrator: L. J. Ganser

Unabridged: 1 hr 38 min

Format: Digital Audiobook Download

Publisher: Hachette Audio

Published: 01/25/2011


Synopsis

What if there were a way to cut through all the financial mumbo-jumbo? Wouldn't it be great if someone could really explain to us-in plain and simple English-the basics we must know about investing in order to insure our financial freedom?At last, here's good news. Jargon-free and written for all investors-experienced, beginner, and everyone in between-THE INVESTMENT ANSWER distills the process into just five decisions-five straightforward choices that can lead to safe and sound ways to manage your money.When Wall Street veteran Gordon Murray told his good friend and financial advisor, Dan Goldie, that he had only six months to live, Dan responded, "Do you want to write that book you've always wanted to do?" The result is this eminently valuable primer which can be read and understood in one sitting, and has advice that benefits you, not Wall Street and the rest of the traditional financial services industry.THE INVESTMENT ANSWER asks listeners to make five basic but key decisions to stack the investment odds in their favor. The advice is simple, easy-to-follow, and effective, and can lead to a more profitable portfolio for every investor. Specifically:* Should I invest on my own or seek help from an investment professional?* How should I allocate my investments among stocks, bonds, and cash?* Which specific asset classes within these broad categories should I include in my portfolio?* Should I take an actively managed approach to investing, or follow a passive alternative?* When should I sell assets and when should I buy more?In a world of fast-talking traders who believe that they can game the system and a market characterized by instability, this extraordinary and timely audio book offers guidance every investor should have.

Reviews

Goodreads review by Paul on April 28, 2011

To call this book the investment “answer” is a bit of a misnomer. Or rather, it would’ve helped to know what the “question” was. There are no hard and fast answer in this book, as the title may lead one to believe. Of course, there are no easy answers when it comes to investing, and this book admits......more

Goodreads review by Jane on July 08, 2013

Where I got the book: my local library. Trying to get a better handle on money...a bit late possibly at 53! This book was recommended to me by a financial advisor. It's very much oriented to the stock market rather than money management as a whole (and explains why) but for a short read I found it to......more

Goodreads review by Konstantinos on February 24, 2019

This book was highly recommended by investment advisors and after reading it, it became clear why. It recommends a fee-based investment advisor but without explaining why. The rest of the advice in this book - stick with index funds, rein on your emotions when the market is up or down, rebalance you......more

Goodreads review by Kashif on December 23, 2018

Why this book was written: 90 page book that lay out how to invest your money Summary: VERY QUICKLY walks the reader through the main factors of investing and provides, quick, dirty and time tested answers. Q1: Do it yourself or hire help? - Hire help, but mind the fees Q2: How to Allocate Assets? -......more

Goodreads review by Walt on February 25, 2013

This book effectively challenges every popular conception pertaining to personal finance and investment. Condensed into a very small book, the authors systematically argue against active investing and get-rich quick dreams that many investors harbor. The book is guided by five questions that does no......more