How a Second Grader Beats Wall Street..., Allan S. Roth
How a Second Grader Beats Wall Street..., Allan S. Roth
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How a Second Grader Beats Wall Street
Golden Rules Any Investor Can Learn

Author: Allan S. Roth

Narrator: Scott Peterson

Unabridged: 6 hr 42 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 02/26/2010


Synopsis

Investing is simple, but never easy. We carry a lot of investment baggage, including hot tips from friends and the financial media, as well as complicated financial recommendations from Wall Street "experts." Yet the biggest obstacle we face is the tendency to outsmart ourselves.
In order to overcome this obstacle, you need to follow straightforward strategies that will consistently push your portfolio ahead of the pack by an additional 3 to 4 percent annually. These are strategies that work in up markets and especially in times of market crisis and panic. Most importantly, these strategies are basic enough for even a kid to understand.
Follow the story of Kevin Roth—an eight-year-old who was schooled in simple approaches to sound investing by his father, a seasoned financial planner—and discover how simple it can be to become a successful investor. Learn how to create a portfolio with the widest diversification and lowest costs; one that can move up your financial freedom by a decade and dramatically increase your spending rate during retirement. Hear about fresh new approaches to investing. Listen as they debunk the financial myths and legends that many of us accept as true and show you what it really takes to build long-term wealth with less risk. You'll also learn how not to confuse the unlikely with the impossible.
Whether you're young or young-at-heart, the straight-talking advice found here will help you:
• Design a portfolio composed of a few basic building blocks that can be "tweaked" to fit your personal needs
• Go beyond indexing, which owns the entire market, and actually beat the market
• Reengineer your portfolio to stop needlessly paying taxes
• Increase your return, regardless of which direction the market goes, by picking the "low-hanging fruit" we all have in our portfolios
Engaging and insightful, How a Second Grader Beats Wall Street takes you through Kevin Roth's real-life story, while driving home key strategies and tools you can implement in your own portfolio. With just a little time and a little work, you can become a better investor. With this audio book as your guide, you'll discover how a simpler approach to today's markets can put you on the path to financial independence.
For more information, visit www.SecondGraderPortfolio.com.

Reviews

Goodreads review by Sarah on September 17, 2015

The advice is sound. I think this is a clever magazine article blown into a very dull book. The simple strategy is revealed early on and the rest is just explanation and elaboration. It's great advice for someone just starting out and interested in building a nest egg. Definitely not, as I had vague......more

Goodreads review by Xian on November 01, 2021

interesting storytelling I really liked his storytelling but the moral of the entire book is just to buy index funds. It covers a little on other things like tax savings and allocations and what not but for the most part it’s just drilling down on investing in index funds. Great storytelling tho, wo......more

Goodreads review by Brendan on August 15, 2015

The book needed more content, it could have been summarized in 20 pages. By 50 pages in, the second grader shtick got very stale and I found myself just skimming through most of the second half of the book, keying in on the advice. That being said, the advice is worth heeding, just did not need to b......more

Goodreads review by Peter on January 12, 2010

Much more readable than the typical investment book, especially given that he's inserted conversations with his 9 year old son where he teaches him about investments. Leads to highly understandable lessons about investing. Could be a pretty decent starter book on investing, but does not at all cover......more

Goodreads review by Jamie on January 17, 2025

Learn Stock/Bond Investment Basics and a Simple Portfolio Not only is the cover adorable, the insights within the book are easy to grasp and instantly apply. Written by a financial planner who actually DID teach his second-grader about the stock market and making smart investments, each chapter start......more