On the Bookshelf
Gail MarksJarvis continues to strike a good balance between personal finance and investing in her updated and revised edition of “Saving for Retirement (Without Living Like a Pauper or Winning the Lottery)” (FT Press, 2012). She provides a frank discussion of saving, choosing the right investments and developing an asset allocation strategy. MarksJarvis does a great job of emphasizing the importance of compounded returns, proper allocation and approaching investing with a long-term view.
The syndicated financial columnist draws on her conversations with various readers to provide real-life examples of questions and scenarios facing many investors. The tone is educational and respectful, explaining where investors often make mistakes or find themselves led astray. In all cases, she is clear and to the point with useful advice.
This book is particularly well-suited for novice investors who want practical advice on how to get their retirement savings on track. MarksJarvis takes a middle-of-the-road approach, encouraging readers to be neither too conservative nor too aggressive, but rather simply focus on what has worked over the long term. More experienced investors will find the content interesting, especially with many reminders about what they should be doing to best manage their investments.