Personality. Sarcasm. Normally I don’t use entertaining words to describe personal finance books, but this one embodies those qualities.
In this very brief read by Joel Greenblatt (an investment company owner and professor at the Columbia Business School), Greenblatt colorfully lays out his arguments and foundation for his two part (A and B) investment plan which he refers to as his “Big Secret”.
It’s a question that eventually confronts us all – how much do I (or should I) save for retirement? It’s a little bit like asking the question “What do I want to be when I grow up?” The answers are wide and vast, and each one depends on countless what-if variables.
Never fear! This post isn’t intended to confuse you, it’s meant to help you! So before you can run, let’s learn to walk by taking a very simple approach. Avast ye naysayers – we’ll follow up this post with more technical detail in our later Intermediate and Advanced Approach posts. For now, let’s get started:
This is one of the most entertaining and unconventional financial life-style books I have ever read. Not only will it open your mind to a world opportunities that few people even know exist, but it will challenge the status-quo of how you live your life.
Most financial books tell you come up with a retirement goal and to save towards it. Period. But have you ever wondered if you were on the right track? At 30, how much should I have saved for retirement? What about 40, 50, etc? What about debt, savings, etc.? Where do I stack up against my peers?
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