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Bryan Richards on Thursday, 23 May 2019
Ebook Broke Millennial Takes On Investing A Beginner Guide to Leveling Up Your Money Erin Lowry 9780143133643 Books
Product details - Paperback 256 pages
- Publisher TarcherPerigee (April 9, 2019)
- Language English
- ISBN-10 0143133640
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Broke Millennial Takes On Investing A Beginner Guide to Leveling Up Your Money Erin Lowry 9780143133643 Books Reviews
- I'm a relatively young millennial a few years into my career. I've always been obsessive about money from a spend-optimization standpoint (and this has been what drives my career, rather than my college education). Unfortunately, growth-optimization is an area where I am sorely lacking, personally and professionally. I started with REI a couple of years ago, but didn't really know what to do with all of the cash that builds up (or doesn't, sometimes) between real-estate purchases.
This book was very insightful for that. Despite its length, it is an easy read thanks to the author's tone. I think it took me around 4 hours to read cover to cover. I also did some ancillary research, armed with the topics presented in the book. I had never really given much thought to emergency funds or asset allocation, because I've never really considered short - medium-term investment options (due exclusively to ignorance on the matter). I figured it would just be cash and real estate. After reading the book, I've identified a flexible number for my emergency fund, and I've found a few investment vehicles that are well-suited to my financial goals.
It's surprising how many people (young and old) unwittingly choose to make bad financial decisions simply because they don't know any better. This book's delineation between "rich" and "wealthy" was appreciated, because part of bad financial decisions seems to be people thinking they can gamble on the stock market (when they're using loaner cars, have huge student loans, and are barely making ends meet) for quick money. This book is for anyone looking for a mature overview of their wealth-building options. If you're looking for a get-rich-quick book written by a glorified sales rep, this isn't for you. - Coming into this book, I knew I really appreciated Lowry's writing style and ability to catch a reader's attention with some sometimes not so "exciting" topics. This book nailed that pre-assumption right on the head. Lowry's writing style and ability to smoothly transition from one topic to another makes for a seamlessly easy yet educational read. Her knowledge on the topic is vast and that is abundantly clear by her ability to go into detail on many topics of investing I was at first, foreign to.
I consider myself a very beginner investor. I contribute to a company retirement plan, put money into a few earmarked savings account, and that's about it. But after reading Broke Millennial, I am extremely confident in my ability to now level up my money and push my investing and wealth to the next level. It's a great sequel to her first book, which I 110% recommend reading on top of her second. Do yourself a favor and invest in this book, which will pay dividends for your future wealth for years to come. - Like Erin Lowry's first book, Broke Millennial, this follow-up focused on investing is well-researched and well written, but completely accessible to those who've felt put off by other financial advice. If you've wanted to get started with investing -- or you know you should -- but haven't been able to connect to other writing on the topic, this is the book you need.
- I knew next to nothing about finances before Broke Millennial came into my life, and I’m excited to have this book to step it up a notch! I’m halfway through and I’m learning a lot of words that were intimidating before.
I appreciate the beginner mindset that Erin takes the reader on, with simple examples and stories, and she takes the time to explain concepts in a way that just works. I’m really grateful for this newfound knowledge, and I look forward to finishing up and leveling up my money! - This book is everything I was hoping for! Same as the first one. Haven’t even finished it yet and already providing so much guidance in an easy to read way. Erin has been amazing and very attentive. Thank you!!!!
- I haven’t quite finished the book yet, but I am thrilled with the easy readability and complexity of topic covered in the first few chapters. Exactly what I was looking for. A very practical how to.
- Erin Lowry has made personal finance easy to understand; I daresay, *fun* to read about. I used to be completely in the dark about money (particularly mine!) & her first book brought so much into focus for me. Now, in her second book “Broke Millennial Takes In Investing†she does not disappoint. Investing is a big (seemingly intimidating) topic that Lowry breaks down with ease. I now have such a better grasp on what I’m doing with my IRA & why. Thank you Erin for helping me #luym and #gyflt; both books have been absolute game changers for me.
- If you are just getting started investing then this book is ideal. It covers the basics of opening a brokerage account, how to buy a stock or ETF, understanding fees, and has a great list of resources to learn more. Plus there is a comprehensive list of definitions that are easy to understand. My favorite section was "A Love Letter To You, From the Stock Market where Mr. Market makes his best case for a long-term commitment rather than "flocking" to [his] b****** cousin, real estate." This is an excellent resource for new investors.