The Motley Fool's What to Do with Your Money Now: Ten Steps to Staying Up in a Down Market

by Tom Gardner, David Gardner, Schuster C.R.

Book Overview

In these turbulent economic times, everyone is asking the same question: "What should I do with my money now?" With their trademark irreverence and plainspokenness, David and Tom Gardner, bestselling... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0743233786
• ISBN13: 9780743233781
• Release Date: June 2002
• Publisher: Simon & Schuster
• Length: 224 Pages
• Weight: 0.80 lbs.
• Dimensions: 0.8" x 5.7" x 8.7"

Customer Reviews

Advice is just ok

This book is filled with investment wisdom. I enjoyed hearing about the story about the early days of [...]and how they were anxious to grow it as quickly as possible without having a defined business plan. What they were doing was trying to raise capital not to bring the company to profitability, but to simply grow larger so that they could raise even more capital later on. - Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

A Fool Is As a Fool Does

I got the audio version of this (although abridged...I think a book like this will separate the grist from the meat and potatoes of the real information...and since most people need to review and hear stuff 3-4 times to get the information...this is a good way to do it). CD 1 is stories of their past and others to explain the lessons that they have learned... fairly entertaining at times... and needs several listenings to get the full impact (especially about their Fool.com and their foolish expansions of what they were not good at.) At one point they explain a chart that they say is worth the cost of the whole course...if only they or the publisher had thought to include a little packet of the graphics they were refering to in the front cover...but enough listenings to it and you get it.CD 2 are all their suggestions of what to do with your money and to get yourself financially secure... so if you just want the information and none of the filler (like you can with self help books) then skip to the end (or CD 2 in this case). It helps me to focus on what I want to do with my money and why I am out of debt now but not able to save any (another good book for getting out of debt is "GET OUT OF DEBT, STAY OUT OF DEBT AND LIVE PROSPERSOUSLY"... which I consider a very good book and along with the Fool Brothers has helped me to pay off the credit cards and have the potential for saving and living hapilly.Cool Runnings to you.

Good and timely

One reason I always liked the Gardners was because they not only provided smart, commonsense financial advice in a fun, un-boring way, but also because they seem to be honest in a financial world with lots of conflicts of interest. In the case of this book, they take a sometimes brutally honest look at what went right and wrong over the past few years in their world. They contrast "business" lessons they learned from running the Motley Fool (like how important it is to create a business that focuses on profitability) with "investing lessons" they learned from the popping of the tech stock bubble (like how important it is to invest in companies with real profits and sustainable business models). Very interesting. The rest of the book is a number of steps to take today to get your financial life on track, Fool success stories, motivation, Q & As and the like. All very helpful and informative for the novice or more experienced investor. Some of the advice I have seen elsewhere (and is a repetition of earlier good advice), and the book is short, but well worth the money if it helps you get back on track after a horrible couple of years.

Just What I Needed To Read

Everytime I have a money question The Motley Fool comes forth with an answer that is no-nonsense, easy to act on and either makes or saves me a ton of money. This book is great because it helps people understand what happened in the last few years to business, the economy, the market. But, it's not like it is just another think tank book. It goes the step further to help you make smart moves now that will pay off. Good info about insurance, CDs, capital gains. Definitely a good, timely read.