The Coffeehouse Investor: How To Build Wealth, Ignore Wall Street, And Get On With Your Life this question feed

asked by reviewer on November 21, 2006 11:07 PM
In The Coffeehouse Investor, Bill Schultheis shows readers that by focusing more on their passions and creativity, and less on money and the hype and hysteria of Wall Street, they will actually build more wealth—and improve the quality of their lives at the same time. The prose may be charming, but the investment advice is powerful and timely. Successful investing has nothing to do with hot stocks and cool mutual funds, but is achieved by adhering to the three simple steps set forth in The Coffeehouse Investor. There are ways to simplify investment decisions when building a sophisticated portfolio. With just a minimum of effort investors can learn to implement these steps and begin the gratifying process of building wealth, ignoring Wall Street, and getting on with life.


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As a new invester and trying to find the best vehicle for my money to grow, I made a lot of mistakes but I am learning and I keeping an open mind. I always tried to make the best possible choices base on knowledge I have about investment. The Coffeehouse Investor really made the difference in the way I invest my money. It is simple, straigth to the point and easy to read. This book is one that I will make sure that all my children read as they grow up. If you are a new investor or even someone who wants to have a new propective about investment, this is the book but I believe everyone can truly benefit from the it.
reviewed by selena on November 22, 2006 1:42 PM

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The author makes a good case for index mutual funds but there are
too many digressions about the author's extracurricular activities.
Do you really want a pumpkin pie recipe in a book about mutual funds?
reviewed by nutshell on November 27, 2006 11:36 PM

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This is a good introduction to investing for the person who wants to squirrel money away for retirement and isn't interested in "beating the market." Schulters cautions against managed mutual funds that charge big management fees and against chasing hot Wall Street picks. I found his advice to be sensible, his style likable, and the book overall very readable. I cringed a little when he started talking about his own mountain-climbing experiences, but even those turned out to be not so bad.
reviewed by work on November 28, 2006 9:04 AM

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You will enjoy this easy / quick read. Bill has a great message. He believes that the average investor will become rich by following 4 simple rules: saving early and often; build a diversified portfolio and maintain your allocation over time; keep expenses low by investing in low cost Index Funds and ignore the finance industry's marketing and hype. More experienced investors will be disappointed that Bill does not provide more evidence or historical performance as proof of his investment approach. In addition, I was expecting more specific portfolio allocation advice including fund or EFT recommendations. Worth the read.
reviewed by webin on November 29, 2006 1:01 AM

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