Book Review – Good, Bad & Downright Awful in Canadian Investments Today

Posted on: May 9, 2012

Good, Bad & Downright Awful in Canadian Investments Today by Rob CarrickGood, Bad & Downright Awful in Canadian Investments Today
by Rob Carrick (Personal Financial writer at the Globe & Mail)

Written in 2010, post the financial market debacle of 2008-2009, this book offers a straight talking, no-nonsense, opinionated approach of the investment industry and particularly the various types of investment products. Filled with plenty of on-line resources, it’s a good read, with the benefit of hindsight for some key learning from the last downturn.

Who should read this book?

People looking for a better foundation of investment principles, knowledge, a better understanding of financial verbiage, lessons learned from the last downturn and people who are thinking of opening an on-line brokerage account a.k.a “do-it-yourselfers”.

Key points & take-aways

  • Chapters on Mutual Funds, Stocks, ETFs, Bonds, GICs, Do-it-yourself investing, Investment Advisors and additional resources
  • Suggestions on essential building blocks of a portfolio
  • Solid, low-fee mutual fund investment company recommendations for those looking for help
  • Lessons taught by the 2008-2009 stock market meltdown
  • Cautions regarding traditional Bond mutual funds
  • Reasons to consider becoming a DIY’s & some advice for “novices”
  • Ten traits of a good/bad Advisor
  • Tons of on-line resource information for you to do your own homework!

Reviewed by Renée Verret, BComm, Certified Money Coach





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