Showing posts with label Personal Fi. Show all posts
Showing posts with label Personal Fi. Show all posts

12/17/2009

Review of The Two Headed Quarter: How to See Through Deceptive Numbers and Save Money on Everything You Buy (Hardcover)

I was considering the purchase of this book so I used the "search inside" to try and find out whether it would be worth my time reading it. In the "read an excerpt" the author described how he and his wife had gone to a wholesale club to receive a "free" gift. People who know anything about how the world works would not do this. Someone should have mentioned to the author that there are no free lunches. So that was a bad start. Then I used the "surprise me" and read the following "Take baccarat for example. For every dollar bet the casino wins on average $1.0136 if the bet is on the player and $1.0117 if the bet is on the banker." Obviously the casino cannot win MORE than you bet. He meant $.0136 and $.0117 but it shows imprecise thinking and sloppy editing. The reason I was aware of this book was because amazon sent me an email about it because I had bought "Fooled by Randomness" and "The Black Swan" by Nassim Taleb, two books I would hardily recommend. Possibly after this review we may not get the search inside feature on as many new books which would be a shame. I reluctantly wrote this review because I have greatly benefited from reviews I have read by other amazon customers.



Click Here to see more reviews about: The Two Headed Quarter: How to See Through Deceptive Numbers and Save Money on Everything You Buy (Hardcover)

10/28/2009

Review of The Bogleheads' Guide to Retirement Planning (Hardcover)

It seems one of the first requirements to post a review here would be to read the book first.

I just finished reading the entire book and I can honestly say, it is a wealth of information in a concise and easy to read format.

IMHO, Every one involved should take a huge bow for the effort. For someone who will be considering planning for retirement, this is a straightforward and practical method to use in your planning. Each author lays it out in plain language, with explanations and links to pursue more detailed information.

As an early retiree, I particularly found the chapters on Social Security, Early Retirement and especially, Estate Planning and Taxes to be most useful for my situation. Perhaps many of these chapters will contain references to areas of retirement planning that have been visited from time to time in other periodicals and books. The real value of "The Bogleheads" Guide to Retirement Planning" to me is the fact that almost every area of planning is here in one remarkable book.


As we say in the Navy...Well Done!



Click Here to see more reviews about: The Bogleheads' Guide to Retirement Planning (Hardcover)