Customer comments on this selection.
NOT a "Get Rich Quick" Scheme Nothing is for free, and the advice Goodman doles out proves that you can't get something for nothing. You will need to make a financial investment (albeit with some low upfront options) and you will have to work (research, study, plan, organize, think). However, I thought Goodman did an EXCELLENT job summarizing often complex and "mysterious" financial investment strategies and explaining them so that an interested and alert reader could understand and implement.
I have purchased several investment books, and this is my FAVORITE. I heard about this book on CNN (or was it Fox?) and am glad I purchased it. Don't tell Goodman (or Amazon) but I would have paid several times more for the knowledge "Fast Profits in Hard Times" imparted.
I will definitely be implementing some of Goodman's strategies. Thank you, Mr. Goodman!
scott's review i found the book to interesting ideas...i have read Mr. Goodmsan's other books and find him to be able to explain his concepts in a manner anyone could understand and find his books an easy read,...unlike like a textbook would be
Same old, same old I heard the author on a local radio show promoting this book, and with his background, thought it would be good. I was disappointed to find many of the same old ideas. How long do we have to hear about property tax sales and below market real estate? Many of the chapters are things you've been reading about for the past 30 years and is on every late night, get rich quick, these people did it, infomercial. The real problem I had is that nothing is in depth and you really need more and better in depth books to know what you want to do to really get into any of these ideas. It was helpful with some suggestions, but a lot more research and detail needed. The author does give a lot of links to other sources.
Something for every level of "financial" knowledge Fast Profits in Hard Times well worth the money. It highlights ten successful strategies for wealth accumulation that work in rising or falling economic conditions. By wealth accumulation I mean money earned on investments. You still need seed money to start the process, of course.
Everyone knows it's easy to make money on investments when the stock market is bullish. Buy low and sell high. Even the worst mutual fund manager can't help but look like a star under this scenario. But what do you do when the bears come out? How do you generate a healthy return when stocks are dropping? This book helps answer these nagging questions.
The text is less than 250 pages, so it's an easy read. The style of writing is direct; it's like Jordan E. Goodman is sitting across the table from you in a conference room. There are ample call-outs and highlights to make sure you catch and remember the most important points of each of the ten chapters.
My favorite chapters are the ones on high-yield equities, dividend reinvestment programs (DRIPs), bonds and the mysterious foreign exchange. The chapter on stock options is solid, but I think it underemphasizes the risk associated with these leveraged investments. A summary chapter at the end of the book on risk vs. return is something I longed for. Also I found the chapters on tax liens and below-market-value real estate and trusts to be a bit too timely. It seems like everyone is pushing these vehicles nowadays in the foreclosure-rich environment. But make no mistake; the chapters are well-written and chock-full of information.
I'm still chuckling about the chapter on investing in vending machines.
Armchair Interviews says: For the novice investor, Fast Profits in Hard Times is a goldmine with ten solid veins. For experienced investors, there are some good tidbits.
New Helpful Business Strategy Book This new book comes at an excellent time, given the volatility uncertainty, and unpredictability of the stock market.It is clearly written, easy to understand, and offers very useful and practical strategies for weathering the financial turbulence of today.
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