Why Are We So Clueless About the Stock Market?:Book Review and Giveaway

I was recently provided a copy of the book, “Why Are We So Clueless About the Stock Market?” by Mariusz Skonieczny. As I usually do when provided with books for review I will be giving away a copy as well. The giveaway rules will be at the end of the post.

This book starts out explaining what stocks are and how the stock market works. This explanation is simplified so that even a novice investor should be able to understand it.

The author then goes in to some detail on how to evaluate a stock for purchase. He mainly focuses on the company’s projected earnings compared to its current price. He points out that if the stock doesn’t offer a return greater than you would get from a Treasury note than the stock is a pass. He also prefers to invest in companies with “moats”, which are barriers to competition.

The book also includes a chapter on when to sell. This is an important part of stock investing that is often overlooked.

His advice on diversifying goes against the conventional wisdom. He warns against over-diversifying which can prevent your top picks from having much impact on the overall performance of your portfolio.

In summary, I think this book would be a solid resource for anyone who is looking to invest in the stock market or simply wants to learn more about stock investing.

Leave a comment on this post if you would like to win a copy of this book. I will be choosing a winner at random this Friday. Only one entry per person and you need to have a U.S. mailing address. Good Luck!

Book Review and Giveaway: 10,001 Ways to Live Large on a Small Budget

The writers at Wisebread have come out with a book titled 10,001 Ways to Live Large on a Small Budget. As you might guess from the title this book is chock full of useful tips on getting more for your dollar. These ideas will help you have a nice lifestyle while being frugal. Frugality is about making smarter choices with your money not sacrifice.

The book reads like a series of blog posts. Which isn’t too surprising since the tips are mainly from posts at Wisebread. If you like reading blogs posts – and since you’re here reading a blog, you probably do – you should enjoy reading this book. The tips have been organized into several categories such as travel, food, health and beauty, etc. to help you find tips.

With over 10,000 tips the book doesn’t go into much detail on any of them. Most of the ideas are pretty simple though and don’t require a lot of explanation in order for you to be able to utilize the ideas. This book would be an excellent resource for anyone who is just getting started with being frugal. Even if you have been frugal for a long time such as I have you will likely find a few helpful tips in this book.

I’m giving away a copy of this book. To enter simply leave a comment on this post. Only one entry per person. The book will be shipped via media mail so the winner must have a U.S. address. The contest will close on Friday and the winner of the random drawing will be announced at that time.

Book Giveaway: Nobody Wants a Million Dollars

I won the book “Nobody Wants a Million Dollars” in a giveaway at My Two Dollars last week and now I’m going to give it away also. It is a slender book and I was easily able to read it in a couple of hours this weekend. The subtitle explains what the book is about; viewing money as a personal finance tool instead of a life goal. The first part of the book covers that and the rest of the book is dedicated towards standard personal finance advice.

This giveaway will have the usual rules. Just leave a comment to enter and I will draw the winner at random this Friday.

**I accidentally deleted a couple of comments. If you left a comment and it isn’t here please comment again.

Book Review: The Frugal Duchess of South Beach

Any book about frugality is bound to be interesting to me. That being said this book is more than just a collection of tips on frugality. “The Frugal Duchess” manages to combine a frugal tips book and a memoir into one book. Reading about the ordeals her parents went through will remind you how much more difficult life was just a generation or two ago. Many things considered necessities now were luxuries then or in some cases they didn’t even exist. She also includes little vignettes of her own family, I think seeing how someone personally implements frugal measures helps you implement the same measures yourself.

In short I recommend this book. Even if you already know all the frugal tips- and there is probably at least a couple you don’t – this book is worth the read for the personal story and to reinforce your own frugality. You can enter to win a copy of this book by leaving a comment on the giveaway post.

The Frugal Duchess of South Beach Book Giveaway

Fellow Frugal Blog Network member Sharon Harvey Rosenberg a.k.a. The Frugal Duchess has written a book titled The Frugal Duchess of South Beach: How to Live Well and Save Money…Anywhere!. She is having an online book tour to promote the book and I’m hosting the tour this week.  As part of the promotion I’ll be giving away a copy of her book.  Just leave a comment on this post to enter and I will choose a winner at random on Friday.

I don’t want to list a bunch of rules but please enter just once.  Also since I have to pay shipping costs I’m limiting the contest to those with a US address unless you’re willing to pay the mailing costs.  Any other rules will be at my discretion.  Thanks.