How To Invest $50 - $5,000
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My Review
Author Nancy Dunnan looks at each investment option in a balanced way. She indicates how different investments work citing the advantages and disadvantages of each one.
Perhaps one of the more important sections of the book is a schedule of important dates for your finances - Things such as deadlines for filing taxes or necessary paperwork. I have not seen any other edition aside from the US version so I can't say if others also have a similar section.
How To Invest 50-5000
How to Invest $50-$5,000 10e: The Small Investor's Step-by-Step Plan for Low-Risk Investing in Today's Economy (How to Invest $50 to $5000)
Amazon Price: $6.66 (as of 06/01/2012)
“Part Textbook and Part Workbook”
Q: Is there an investment formula?
A: nope
In theory, you could follow Dunnan's recommendations and actually grow $50 into $5,000. However, each person's circumstances and attitudes differ. You can't discount those when planning finances. For example, someone living in a place with a weak bond market but a well developed stock market may be better served getting into equities even with a small amount of funds. Equally, someone who hates watching prices fluctuate might not prefer stocks.
Rate it, if you dare...
The best line ever:
Profits can not be guaranteed
Nancy Dunnan's official site
don't miss it!
- Dunnan on Dollars
- Nancy Dunnan's official site on The Online Investor
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Postscript of utmost importance
If you buy any of the books recommended above, this page automatically makes a donation to the incredible nonprofit, Donors Choose, which helps provide classrooms and students in need with resources that our public schools often lack. by khael
I made my first investment in high school thanks to dad's mentoring. That lead to economics and management degrees with stints in banking and investme... more »
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