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The Smartest Portfolio You'll Ever Own: A Do-It-Yourself Breakthrough Strategy [Hardcover]

Daniel R. Solin

List Price: CDN$ 25.50
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Hardcover, Bargain Price CDN $10.20  
Hardcover, Sep 6 2011 CDN $15.99  
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Book Description

Sep 6 2011

Bestselling author and financial blogger, Dan Solin, provides real do-it-yourself investors the means to create a dynamic-and safe- portfolio that mimics those constructed for some of the major institutional and trust investors in the country. Readers can maintain complete control over their money-and not sacrifice precious points to an advisor or broker.

Using a strategy that minimizes volatility and maximizes returns, Solin makes investing according to the principles of the most sophisticated financial models accessible to individuals in a way that has never been possible before.

As readers have come to expect from Solin, implementing this plan is as simple as one, two, three: open an account with a discount broker; determine the appropriate asset allocation using the simple questionnaire in the book or online; input pre-determined ETFs (Exchange Traded Funds) and the allocations for the level of the investor's individual risk profile.

This is the only book that provides the information and practical guidance that readers need to achieve the very best results with the minimum risk,on their own.


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The Smartest Portfolio You'll Ever Own: A Do-It-Yourself Breakthrough Strategy + The Smartest Investment Book You'll Ever Read: The Proven Way to Beat the "Pros" and Take Control of Your Financial Future + Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School
Price For All Three: CDN$ 43.03

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Product Details

  • Hardcover: 224 pages
  • Publisher: Perigee Trade (Sep 6 2011)
  • Language: English
  • ISBN-10: 0399537066
  • ISBN-13: 978-0399537066
  • Product Dimensions: 16.7 x 2.1 x 21.6 cm
  • Shipping Weight: 363 g
  • Amazon Bestsellers Rank: #31,415 in Books (See Top 100 in Books)

Product Description

Review

A happy wag of the kid-wants-dog-tale, with guaranteed giggles. -Booklist, starred review

--This text refers to an out of print or unavailable edition of this title.

About the Author

 

Dan Solin, a wealth advisor to high net worth investors and retirement plans for Buckingham Asset Management and The BAM ALLIANCE Director of Investor Advocacy, is the author of The Smartest Retirement Book You’ll Ever Read, Does Your Broker Owe You Money?, and the New York Times bestsellers The Smartest Investment Book You’ll Ever Readand The Smartest 401(k) Book You’ll Ever Read. His award-winning books have been widely praised by The New York TimesThe Wall Street JournalThe Library Journal, and many financial writers, leading economists, and others.

Solin is one of the most popular financial bloggers on The Huffington Post. A frequent guest on national television and radio shows, Solin has addressed professional organizations of accountants, advisors and financial planners and has testified before Congress on investor issues.




Customer Reviews

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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com: 4.2 out of 5 stars  16 reviews
38 of 45 people found the following review helpful
2.0 out of 5 stars Unfortunately, only a mixed bag Sep 11 2011
By Benjamin Graham - Published on Amazon.com
Format:Hardcover
Dan Solin's previous works in this series demonstrated the wisdom of constructing a globally diversified investment portfolio comprised of low-cost stock and bond index funds in accordance with a long-term asset allocation suitable to your needs. Where Solin has fallen short in the past is in the translation of this approach to specific investment recommendations, such as his previous advice to avoid TIPS (U.S. Treasury Inflation-Protected Securities) and ETFs (exchange-traded funds).

In his latest book, Solin has apparently overcome his aversion to ETFs and utilizes several of them to construct his `SuperSmart' and `Smartest ETF' portfolios. Tragically, his bond recommendations fall woefully short of the mark. For example, Solin suggests investing 50 percent of the total bond allocation in the SPDR Barclays Capital Short Term International Treasury Bond ETF (BWZ), a relatively small, thinly traded ETF which allocates almost 15 percent of its holdings to the potentially risky bonds of Italy and Spain.

Investors would be better served consulting the books of William J. Bernstein, John C. Bogle, Larry Swedroe and others for specific investment recommendations consistent with this philosophy.
15 of 16 people found the following review helpful
5.0 out of 5 stars Superb! Taking it to the new level. Sep 19 2011
By Grant Hiesterman - Published on Amazon.com
Format:Hardcover
I have read and applied all four of Dan Solin's books. This is a terrific addition to his previous three. In a nutshell, one can maximize return, minimize risk, and quit gambling with one's life savings.

During the past four years I haven't had the lows or the highs of the equity markets but maintained an honest return that allows me to sleep at night.

The format of Mr. Solin's book makes it easy to read and the takeaways (What's the Point?) at the end of each chapter help keep the reader laser focused. Love it!! You can read chapters in varying order if you can't wait to look at a subsequent section also.

The documentation is superb. My favorite section is the Glossary. I read it a few times to help keep my thinking accurate. I went online and checked the references and they were accurate. I furthermore checked a couple of books out from the library to document the simple underlying premise.

Having read "The Smartest Investment Book You'll Ever Read" before this book probably put me in a little better position to understand passive versus active investing than a first-time reader. However, the book is clear and eloquent with a wonderful sense of wit and dry humor.

I can prove my passive, dull, drab portfolio of index funds (with no fees or minimal fees) beat 95.5% of all investors since 2007. Can you? Buy the book. Read it. Do it. Sleep better. It is great to be in control for a change!
6 of 7 people found the following review helpful
4.0 out of 5 stars The Smartest Portfolio You'll Ever Own Oct 9 2011
By J. Teach - Published on Amazon.com
Format:Hardcover|Amazon Verified Purchase
It's a very good book to get you started with investments. It teaches the value of diversification and asset allocation which is 95% of your returns. The media and Wall Street want to confuse investors and make them think they can stock pick and market time, which couldn't be farther from the truth. Investing for the long term and staying invested is the only way to go. The only thing to add is rebalancing. You have to keep your risk levels in check. That in essence is buying low and selling high.

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