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"No entertainment is so cheap as reading, nor any pleasure so lasting"
-Mary Wortley Montagu

'Financial Peace of Mind'

11/18/2020

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★★★★

A Really Nice Start

​Writing: Excellent. I found the author to be articulate and his writing style made it easy to follow the information provided.
​Mechanics: Great. There wasn't any mistakes that I could readily spot. Periods where they should be, ditto for commas and other punctuation. Well done.
​

Meat of the book: An really nice introduction to investing. When I read the analogy about the plane in the opening chapter, I thought "that was me not long ago", so he hit the nail on the head. Wading through the stock market can be intimidating. Trying to do it alone, even more so, but I've never quite trusted advisors. The information provided on advisors was great and the list of questions to ask very helpful. If someone needs an advisor, this book will certainly provide a good template for locating the right one. Hopefully an advisor will answer the questions honestly and not try to talk around the truth (still don't trust them :-/).
​

A lot of the information was basic common sense. After all, anyone knows that investing requires patience. The market rises and falls daily. Crashes occasionally. Most people familiar with the market know it's best to ride the waves. Eventually you reach calmer waters. Hopefully, you also know how to watch for signs of a pending crash and can get out before losing your shirt. Patience is a virtue, but so is Prudence. I liked the anecdote about Agamemnon. Greed is definitely an easy trap to get into. I'd never heard the reference about pigs, so I actually did learn something new in this book.

Overall, it was a well-written read that many new investors could learn a lot from.
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