Product Description
Drawing on lessons learned in the past few turbulent years, the revised Motley Fool Investment Workbook shows how The Motley Fool's popular investment strategies continue to help regular people beat Wall Street's best money managers -- in good times and in bad. Updated to reflect today's whipsaw economy, you will learn how to evaluate a company's financial performance, which mutual funds make sense, and where to find havens for your retirement savings. Demonstrating how to value companies in a roller-coaster era -- and providing more useful work sheets and space for tracking goals than ever before -- this new edition gives you all the information and calculations you need to make smart investment moves now, including how to:
Figure out how much money you have to invest
Devise a sensible -- and profitable -- investment strategy
Select winning stocks
Purchase stocks in the cheapest and fastest way possible
Protect your investments and learn when -- if ever -- to let them go
Brimming with worksheets, charts, and real-world examples -- all wrapped up by The Fool's trademark sense of humor -- The Motley Fool Investment Workbook will help you take control of your own financial destiny one step -- and one dollar -- at a time.
Average Customer Review:
1 of 1 people found the following review helpful:
This one's a keeper, 2006-03-21
I ordered this book for my sister who has just started to invest. I gave her my old "You have more than you think" by David and Tom Gardner, (1990's) and thought this would be a nice accompaniment. I skimmed through it after receiving it, and upon closer examination, got hooked! The Gardner brothers have done it again. This book goes from the beginner (my sister) to the experienced novice (myself) clear up to the expert (where I want to be).
This book has helped me see that, although I thought I was doing all the right things, there are changes I need to make (in the way that I think, as well as my record keeping) in order to make the next step of my financial goal obtainable.
Be prepared to work, as a couple of the projects are tedious as well as challenging (one chapter I had to re-read), but with the ever-present Gardner humor you are encouraged every step of the way.
I have since ordered another copy for my sister.
1 of 2 people found the following review helpful:
Excellent workbook for new investors, 2005-08-06
Half the battle of investing is actually **writing** down your personal finances. It's **much** too easy to pick up an investing book, read the material, understand it -- and do nothing. The TMF workbook succeeds in both providing easy to understand personal finance and financial advice to the new investor, and a workbook, so that the reader can actually apply what he learned. The book ends with two solid investing strategies: fundamental investing, which looks at the company and its balance sheet; and mechanical investing, through a variant of the Dow Dogs. One of the secrets to investing is to find a strategy that you feel most comfortable with, and the TMF Workbook will provide a number of options for **you** to find which is the best for **your** personal finances.
5 of 5 people found the following review helpful:
Learn real analysis..., 2005-07-29
I bought this book after reading several other financial books by Peter Lynch, Roger Lowenstein, Arthur Levitt and John Murphy. I thought I'd add the Gardners to my variety of authors. While the concept that these other authors teach is great, the Gardners actually put the concept into action. They take you step by step through financial statements and number crunching. It is an excellent learning tool.
7 of 8 people found the following review helpful:
Good study guide, but answers shouldn't be on the same page., 2004-03-07
This is the investment workbook which goes along with The Motley Fool Investment Guide. However you do not need the Motley Fool Investment Guide to use this book.I like that this book gets you down in dirty into the actual analysis of companies, they have you analyse P/E ratios, P/S ratios, growth rates etc... Howver I don't like that the answers are written write next to the question. (Kind of defeats the whole purpose.) I also think its ok to have some humor in a book but this one is overloaded with silly questions from the Fools.
Unless you want to have a book to just for filling in the blanks I recommend not buying this book. I think one of the other Motley Fool books such as their "Investment Guide" or "You have more than you think" would be worth it instead.
Reed Floren
0 of 0 people found the following review helpful:
Great book ..., 2003-07-18
This book is great, really ... how many investment books (especially for us novices) actually impart useful knowledge to the reader while also making him/her laugh? That's what keeps the reader reading, rather than drowning in a sea of completely dry text (pretty much any other book) they are instead led to the next page out of enjoyment.