by Ric Edelman
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| List Price: | $19.95 |
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Product Description
Home Sweet Home:
How to buy your first home, your next home and save on taxes when you sell. A-Z of Investments:
From annuities to zero-coupon bonds, go from owing money to OWNING money. Get out of debt (and stay that way). Estate Planning & Long-Term Care:
Learn how to protect yourself and your family.
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Average Customer Review:
0 of 0 people found the following review helpful:
 Would give 0 stars if I could, 2008-12-26
So you followed the advice to carry as high a mortgage as you can, based on your house's rise in value. Bought your house for, say, $200K, it went up to $450K. Banks too willing to lend, you have a big mortgage now. Value of house dropped to $175K and you need to sell it. Lost your job, want to retire, whatever. Can't sell it, you took out a mortgage for $400K. Now what can you do? Wait 10 - 15 years for the value of your home to go up? How old are you? You're definitely in trouble. How many took Ric's advice? And now he comes out with "The Lies About Money." What did he do, rewrite his first book and change all his advice? The lies were what he wrote in "The Truth..." And it seems to me he sold his company although he's still with it. Avoiding lawsuits? I don't know. I do know I went to see him for $500 and all his financial planner did was try to sell us more and more insurance: disability, homeowners, yada yada yada. What a waste of my time and money. Use common sense, not this book. Or any of Ric's books. Or any of his services. I'm glad I didn't follow his advice.
0 of 0 people found the following review helpful:
 A Classic Book, 2008-11-01
Do you wonder why there are so many persons struggling with financial problems? The answer is simple yet only a few know the answer. We simply don't know the rules of the game. The problem also is that it is very difficult and time consuming to figure out the "Game of Money".
The good news about this book is that the author explains and clarifies a lot of myths and misunderstandings about money,investments,markets,stocks,mutual funds,taxes and a lot more about subjects directy related to money and wealth. Are you going to be rich after reading it? Maybe,maybe not, but I do know that you will turn into a well educated person regarding how to make sound financial decisions. I bought this book and I plan to keep it because the information is priceless. This is the kind of book that you read, reread it and then keep it for future reference.
0 of 2 people found the following review helpful:
The truth reviewed, 2008-09-15
I received the book in short order. Haven't read it yet; however plan to.
Ed
1 of 1 people found the following review helpful:
Trust me! Its a good read!, 2008-07-02
Its really that worth reading! It spans a variety of subjects relating to money and is a must read for any new investor. I really like the seetion on paying down your mortgage. It is very different than many rules of thought that you hear or see on TV and Radio.
Adam http://www.halfpricebob.com
0 of 0 people found the following review helpful:
Wish I'd known this 40 years ago, 2008-06-20
Very readable book on personal finance across the entire spectrum of insurance, mortgages, investing, credit management, etc. After reading, I gave copies to siblings and children so that they'd have the information at their age that I wish I'd had when I was their age. Can't recommend it highly enough. Edelman's a fun writer to read. It's not a heavy financial text at all; it's all in street English!
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