Secrets of the Wealth Makers

"If I were a rich man," goes the song. Well, if you were, this is how you would invest. Michael F. Lane draws on the advice of top money managers and financial planners to help readers in five key areas: 1) wealth planning, 2) wealth accumulation, 3) wealth without tax, 4) wealth transfer and 5) wealth protection and preservation. The book is aimed at the individual investor with a relative lack of experience in the financial marketplace. The broad overview includes basics of planning your portfolio, E-trading, making investments more tax efficient (for U.S. investors) and estate planning. This solid guide emphasizes fundamentals, although sometimes the discussion becomes repetitious. And, when different advisers give contradictory advice, the diversity of opinion can seem confusing. Lane might have done more summarizing and synthesizing, but getAbstract recommends his solid book as a generally good guide for prospective and new investors who want a reason to sing.