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moneysense.ca, 21/04/08
Recent Book Arrivals
Sometimes authors or publishers offer to send me a book for a possible review. I usually accept with every intention of reading the book and writing a review. Unfortunately, as I didn’t have the time to read the following books – I didn’t get past the first chapter on two of the books and skimmed through the other two – I thought I’d at least acknowledge receiving them.
The Young Investor by Dan Fournier. Subtitled “The North American Guide to Investing Online”, this appears to be a comprehensive book for the investor who is just starting out. I read two chapters “General Investing Guidelines & Tips” and “Avoid Mutual Funds…Embrace Exchange-Traded Funds” and found that the author writes well and gives solid advice. There is an intriguing chapter at the end titled “The Offshore Advantage” in which the author suggests that “all investors, at some point, should move a portion of their assets offshore”; something that I don’t recall ever reading in a finance book. The book has 336 pages and is available in paperback format for $24.95 from The Young Investor website.
Invest Now by A. Dawn. The author is a fellow blogger (A. Dawn Journal) who has self-published a book that he says is “jam-packed with timely information and timeless advice for the beginning Canadian investor”. The book starts off well-enough discussing different types of investment accounts but I found it a little light (it’s only 136 pages including blog posts reprinted from the author’s blog) on information on what an investor should actually do after opening an account. The author does suggest an “easy portfolio” which has a 25% allocation to non-Canadian Income but no rationale was given in the subsequent pages. The book is listed at $15.95 (US) and is available from Amazon.ca and more details can be found on the author’s website.
The Brainwashing of the American Investor by Steve Selengut. The author lost me in the first chapter where he claims that “Trading absolutely always produces more growth in capital, more growth in income, and more inflation insurance than any other strategy”. Right! Fortunately, Million Dollar Journey did read the book and wrote a review.
A Million Bucks by 30 by Alan Corey. The enterprising young author chronicles his journey from his mom’s basement to a seven-figure net worth by the time he turned thirty. Mr. Cheap wrote a review of the book yesterday and Thicken My Wallet featured an interview with Alan on his blog.
moneysense.ca, 21/04/08







Thanks for the mention. It is difficult keeping up with the book reviews, I still have a couple sitting on my coffee table.
Thanks for the link to Cheap’s (excellent) book review.
I find book reviews difficult to do, although I enjoy reading the books!
Mike
Thanks for the link! We need to get on whatever book review distribution train that sends you more books than you can read (sweet!).
CC,
Thanks for your review. One piece of information – Invest Now will be available at Chapters Indigo bookstores in two to three weeks. It is already available at Chaptera Indigo online store. Here is the link: http://www.chapters.indigo.ca/books/Invest-Now-Canadians-Guide-Investing-Ahmed-Dawn/9780595461325-item.html?ref=Search+Books%3a+%2527Ahmed+Dawn%2527 Invest Now has has been awarded prestigious Editor’s Choice and and highly prestigious Publisher’s Choice award by iUniverse and that’s what makes it available at Chapters Indigo stores. iUniverse has strategic alliances with Barnes & Noble, Inc. in the U.S. and Chapters Indigo in Canada.
Cheers,
http://www.adawnjournal.com
Thanks for the reviews. The Young Investor sounds like it might be a worthwhile read.
Hi,
I had a bad experience with publishers/book reviewing part. A while back, (in another life) as being part of a publishing group and responsible for editorial content of a prestigious journal, I had asked a few publishers for specific books to review. Soon, I ended up with boxes of material (one publisher did literally sent every book he/she had published in the past ten years). It was a nightmare! And very few were in the topics I had requested. I reviewed a few as I read them. Than the publishers starts writing back about not “seeing” the reviews of their books. Finally, I had to mail back all the books, and asking that if they were not able to send books specific to the topics in question to not sent anything, and please, only new and/or forthcoming publications.
To my surprise, the books kept coming and coming. Being a book lover, I could not just throw them away. By this time, the local library most likely is preparing a wing dedicated to me and my “anonymous” book contribution.
Cheers,
Mr. Muddle