by Phil DeMuth
Hauppauge, NY : Barron's Educational Series, Inc., 2013
Call Number: New Book Shelf HG179 .D42 2013
Despite the title, this investment book is written for the layperson and is quite entertaining (the introduction is written by the economist and humorist Ben Stein). The first part of The Affluent Investor is aimed at anyone who is interested in making the most of his or her money (large or small). DeMuth explains how to increase your "human capital" by expanding your education, developing your personal skills, maintaining your integrity, living within your means, saving early and saving often, and investing based upon your stage in life.
The second part of the book is aimed at the active investor. Here DeMuth specifically outlines global investment strategies by (hilariously) speculating on how Flash Gordon's Emperor Ming would invest in Earth if he chose not to destroy the planet with his evil death ray. Emperor Ming would "buy a little of everything" which, in financial terms, is investing across the global market. DeMuth goes into great detail on how to develop such a balanced investment portfolio.
If you want guidance on growing and protecting your money (no matter how large or small), or if you are interested in learning specific investment strategies to make the most of the global market, this book is for you.
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Book Review by Rachael Smithey, SWC Librarian
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