(Book Review) Investing for Dummies, 8th Edition

Overview

Review Published: March, 2020.

From financial advisor, economist, and author Eric Tyson comes a in-depth examination of successful personal finance.

From the basics of getting started with investing, to examining specific ways to invest (i.e. Wall Street, real estate, and small business), this book serves as a comprehensive survey of the many ways to invest your money.

Rating:

4 / 5

(Great Content, Presentation is Clear)

What does this score mean?

Difficulty:

Intermediate (Author assumes no initial knowledge, but there is a learning curve from there).

Length:

423 pages.

Where to Buy It:

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What's Good

Very comprehensive & in-depth content; the author starts with the simplest aspects of investing (i.e. the various types of investing with their strengths/weaknesses), and expands from there to include several advanced topics (i.e. stocks and bonds, starting/buying a small business, and buying property).
Backed by extensive experience; with over 3 decades of experience ranging from Fortune 500 companies to individual consulting, the author uses those expertise to make virtually all aspects of investing as understandable as possible.
Extremely accessible & readable; the author takes the often complex topics around investing and spells them out as plainly as possible, making this a long but surprisingly understandable read.

What Can Be Improved

A bit of re-reading from other books; if you’ve read some of the author’s other books (“Personal Finance for Dummies”, “Mutual Funds for Dummies”, and “Home Buying Kit for Dummies”), you’ll end up re-reading a fair bit of content as the author doesn’t assume any prior knowledge, and while this is a good position to take, it does add to the amount of reading in an already long book.

The Bottom Line

Essential for making informed decisions about investing; the advice in this book will help you make better informed decisions about how you invest your money, how to manage the risks associated with each investment type, and what to look for so that you can invest successfully.
For anyone wanting to make better decisions with their investing; from students to seasoned professionals, there is something here to help everyone invest their money more effectively.
A detailed starting point for the array of investing options available; for a very reasonable $30 (or a trip to the library), you will get a relatively detailed introduction on how to invest your money in the market, real estate, or small business with plenty of recommendations for those who want to dig down even further into a specific topic (for instance, “Mutual Funds for Dummies” and “Home Buying Kit for Dummies” by the same author.