The book is about becoming successful in investing and Moglia uses sports analogies to explain concepts that are complicated or a puzzlement to people like me. As soon as I learned about the book, I figured it was custom-made for me. I can be obtuse when it comes to financing and investments, partly because it doesn’t interest me although I know the basics. I run as soon as I hear talk of stocks, bonds, CDs (not music) and IRAs.
I realize the importance of understanding investments because you want to plan for the future. I opted to read the book to increase my knowledge of investments, know what the heck people are talking about and learn what the options are for my family. A fan of sports, I assume the book will be exactly what I need to close the gap in my knowledge of money as the author correlates his strategy with sports.
The introduction keeps my attention, so I think I’m in for a good ride. After seeing the Game Plan page at the end of each chapter, I start reading the bulleted list first because it reviews the main points of the chapter and lets me know what to expect in the chapter.
The handy glossary provides useful for the novice who may not be familiar with the terms used in the book and in the investment world. As always when reading any book offering financial advice, the reader must remember that the judgments offered are the author’s and others might disagree with some of the concepts.
Coach Yourself to Success is a great primer for new investors or those who have little or no knowledge about investments. It also provides good brush-up text for more experienced investors who may want or need to analyze their portfolios. As the author explains, you should continuously keep up and change your allocations as circumstances dictate. The writing is clear, the concepts simple and the advice down-to-earth and basic. Most individual investors will find the book a practical resource.
Title: Coach Yourself to Success: Winning the Investment Game
Author: Joe Moglia
Publisher: Wiley
ISBN: 0471719846
Date: April 2005
Format: Hardcover
Pages: 199
Cover Price: USD: $24.95 Amazon: $16.47
