Thrifty Investor: Penny Wise Strategies for Investors on a Budget

by Craig L. Israelsen

Book Overview

Ideal for budding investors who can't afford five-star funds with $5,000 minimum investments, this guide gives readers information on top stocks and mutual funds to buy for $25 or less, how to start a... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0071361588
• ISBN13: 9780071361583
• Release Date: September 2000
• Publisher: McGraw-Hill Companies
• Length: 276 Pages
• Weight: 0.85 lbs.
• Dimensions: 0.7" x 6.1" x 9.0"

Customer Reviews

Good solid introcuction to investing with little money

A very well done, if a bit dated, introduction to how to invest without eating up your funds and profits with unnecessary fees. Basically stay away from brokers and anyone affiliated with them and you are much better off.

Buy The Book

An excellent read that is current on the fast changing times in the stock market. A great deal of research went into this book and it would take many years of study and fact finding to replicate the data on your own. This book has the cutting edge investment strategies from the mid-90's through the new millennium to harnes your financial future, regardless of income or knowledge. This book is both a great tool of the trade for a seasoned investor and a great starting point for the beginning investor. Save yourself $...and four years of college with this book. If you already have your financial ducks in a row - then give this book to your children or a friend - it will pay dividends for generations. The author is a wonderful father, husband, community leader, friend and the best college professor I ever had. His advice has served me wonderfully over the years - it will do the same for you.

New book takes mystery out of investing

This new book is well-written, helpful and painstakingly researched. It's filled with dozens of interesting tables and charts. Israelsen preaches the benefits of long-term investing rather than day-trading and short-term buying and selling. The first chapter, "The Investment Thing," clearly answers such questions as: Why invest in stock? Why do corporations sell stock? What causes the price of a stock to go up or down? How does annual return translate into actual dollar gains? With these basic questions answered, you are ready to absorb chapters on investment risks, mutual funds, how to get into investing, buying stock directly from companies, taxes, and finally, a battle plan. Includes great information on how to save for your children's education as well as retirement. Filled with smart advice and written in an easy-to-understand fashion, "The Thrifty Investor" is a great investment of your time -- and money.

Great Book for New Investors with little money

This is an excellent work for new investors, especially thosewho can only start on $50 a month to invest. Based upon his ownresearch as a professor, Craig states: "Investing in stock mutualfunds reduces the chance of experiencing negative returns compared toinvesting in individual stocks." And, he backs up this claim:"Investors who patiently and intelligently invest over a longperiod of time end up being rewarded by volatility rather than hurt byit." One should definitely check out his "Frugal FortyMutual Funds, Grouped by Equity Style" chart on p.39. This bookis meant for anyone to read and understand. It is an easy read--as ifyou were listening to Craig tell you about this. Before one reads"Mutual Funds for Dummies" or even any of Bach, Clements, orSuze Orman, read this first! His students love him, and so willeveryone that reads this short, very readable, and packed full of goodadvice book.