How a Second Grader Beats Wall Street: Golden Rules Any Investor Can Learn

Allan S. Roth

Mar 2009 · Sold by John Wiley & Sons

About this ebook

Straightforward strategies from a successful young investor

In How a Second Grader Beats Wall Street, you'll follow the story of Kevin Roth, an eight-year-old who was schooled in simple approaches to sound investing by his father, seasoned financial planner Allan Roth, and discover exactly how simple it can be to become a successful investor. Page by page, you'll 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. And all this can be accomplished by using some common sense techniques.

Along the way, Kevin and his dad discuss fresh, new approaches to investing, and detail some tried-and-true, but lesser known approaches. They also take the time to 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.

• Discusses how to design a portfolio composed of a few basic building blocks that can be "tweaked" to fit your personal needs
• Addresses how you can reengineer your portfolio in order to stop needlessly paying taxes
• Reveals how you can increase returns, regardless of which direction the market goes, by picking the "low-hanging fruit" we all have in our portfolios

With just a little time and a little work, you can become a better investor. With this book as your guide, you'll discover how a simpler approach to today's markets can put you on the path to financial independence.

Ratings and reviews

Very easy read as concepts are explained with the simplicity of a second grader's mindset. Provides new perspectives on investing without over-complicating ideas, all while keeping it entertaining. Although I would have enjoyed more thorough explanations of concepts, I understand this book is not intended to serve that purpose. Well worth the read and definitely a wonderful book for beginning investors.

Loved the book. Very interesting with tons of examples. Left me with a new eyes on how to approach investing my money. Thanks to your son Alan!

AAA

About the author

Allan S. Roth is the founder of Wealth Logic, LLC, a boutique financial planning and investment advisory firm that presently advises on $500 million in assets for 100 clients. Roth is an adjunct finance faculty member at Colorado College and teaches behavioral finance at the University of Denver's Graduate Tax Institute. He is an expert in portfolio construction and performance benchmarking.