How a Second Grader Beats Wall Street

By: Allan S. Roth

Narrated by: Scott Peterson

Length: 6 hrs and 42 mins

Publisher's Summary

Investing is simple, but never easy. We carry a lot of investment baggage, including hot tips from friends and the financial media, as well as complicated financial recommendations from Wall Street "experts". Yet the biggest obstacle we face is the tendency to outsmart ourselves. In order to overcome this obstacle, you need to follow straightforward strategies that will consistently push your portfolio ahead of the pack by an additional three to four percent annually.

These are strategies that work in up markets and especially in times of market crisis and panic. Most importantly, these strategies are basic enough for even a kid to understand.

Follow the story of Kevin Roth—an eight-year-old who was schooled in simple approaches to sound investing by his father, a seasoned financial planner—and discover how simple it can be to become a successful investor. Learn how to create a portfolio with the widest diversification and lowest costs; one that can move up your financial freedom by a decade and dramatically increase your spending rate during retirement. Hear about fresh new approaches to investing. Listen as they debunk the financial myths and legends that many of us accept as true and show you what it really takes to build long-term wealth with less risk. You'll also learn how not to confuse the unlikely with the impossible.

Whether you're young or young-at-heart, the straight-talking advice found here will help you:

• Design a portfolio composed of a few basic building blocks that can be "tweaked" to fit your personal needs
• Go beyond indexing, which owns the entire market, and actually beat the market
• Reengineer your portfolio to stop needlessly paying taxes
• Increase your return, regardless of which direction the market goes, by picking the "low-hanging fruit" we all have in our portfolios.

Engaging and insightful, How a Second Grader Beats Wall Street takes you through Kevin Roth's real-life story, while driving home key strategies and tools you can implement in your own portfolio. With just a little time and a little work, you can become a better investor. With this audiobook as your guide, you'll discover how a simpler approach to today's markets can put you on the path to financial independence. For more information, visit www.SecondGraderPortfolio.com.

©2009 Allan S. Roth (P)2010 Gildan Media Corp

Good starting point

This book sparks a lot of great ideas for the buy and hold investor. Allan's interactions with his son are priceless and has pushed me to help my kids understand money.

1 of 1 people found this review helpful

Great book on investing

This is a very great book on the investing. Very practical and fun to read.

waste of time

If you invest in unit trust/indexs across the market and do not pay high commision rates you will bet the market. That is the book. If ever I wanted my credit back it would be for this book. And I have read alot of rubish.

1 of 2 people found this review helpful

How a Second Grader Beats Wall Street: Golden Rule

I have over 200 books in my library and I went back just to write this review. I hope you read this before purchase it can save you credits and or money. Please dont purchase this book worst financial book i've ever tryed to listen too.

0 of 3 people found this review helpful

Informative

didnt know anything before reading.have come away with knowledge on bonds, index funds, Tax efficiency and more