Wednesday, February 2, 2011

Two Short Practical Books

I have recently read two wonderful books that are extremely valuable for anyone concerned about saving and retirement.

The first: : "The Investment Answer" is only 56 pages yet filled with decades of investing wisdom. In the book, the authors clearly explain investment theory for the layman. This book is a labor of love. It was co-author, Gordon Murray's, dying message to investors after working on Wall St for 25 years. He wanted to give the world the benefit of his insight before dying from brain cancer. Below is a link to a NYT article profiling the authors: Daniel C. Goldie, and Gordon S. Murray.


The second book, "Can I Retire" by Mike Piper runs exactly 100 pages and deals with the nuts and bolts concerning how much one may need to have saved in order to retire, social security, IRAs, investing, and taxes during retirement. Mike Piper has written a practical guide that will benefit anyone who is concerned about effectively managing their retirement.

Both books are written for the average person with little or no financial background. They will educate and possibly help one make decisions that could benefit them in real dollars exceeding thousands per year.

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