Archive for diversified

MILLION DOLLAR PORTFOLIO By David and Tom Gardner – Reviewed

Posted in Life..., Personal Finance, Reviews with tags , , , , , , , , , , , , , , , , , , , , , , , , , on May 28, 2012 by stanleyriiks

I’ve long been a fan of the Fool.com website and it’s UK equivalent. The fools practice no-sense, common-sense driven, long-term investing. This book is more of the same. Although you could find very similar articles to each chapter on the website, and I have read very similar to most of them, the book sums things up nicely. The style is the same, so if you enjoy the website you’ll enjoy the sensible with a touch of humour narrative.

The book will not make you rich. The sub-title is a much better description of what you get in this book: How to build and grow a panic-proof investment portfolio.

As I said before, fans of the website are not likely to find much new here, the book takes you through the steps of creating a diversified portfolio, helps you to maximise your investment returns and if you follow the instructions and use their methods it would be possible to create a million dollar portfolio if you started off with enough money and invested for long enough. In one scenario the brothers provide it take about 30 years.

Not the most exciting book on investing, this is a good guide for beginners but will hold little interest for experienced investors or those regularly uses of the Motley Fool.