On the other hand, he advocates market timing when the economy is “broken” as indicated by an inverted yield curve and reports from the Federal Reserve. What he suggests doing is gradually move equities that are owned into safer and safer securites as the market prices deteriorate; no evidence is given to how the suggestion would have worked even in past bear markets (I suspect it would have been useless). Highly unconvincing material.
Rating: 3 / 5

I was particularly impressed with the section on long term care insurance and the fact that he stresses the value of buying a policy that becomes effective based on 7 ADLS instead of 6. (If you don’t know what that means, then THIS IS THE BOOK FOR YOU.)

Another area that I feel is exceptionally well handled is addressing the emotional aspects of growing old, especially the impact of Alzheimer’s disease on a family, and he gives good suggestions on how to plan for such eventualities and the end of life in his estate planning section.

Reviewer NICK comments on the depth of Mr. Moody’s knowledge. I would agree, and certainly his website, http://www.efmoody.com is an ever-changing entity!

We all need to be reminded that not everyone is as ethical and honest as we would like–his warnings and suggestions on how to avoid being taken advantage of would seem to be right on the mark.

One of the most difficult things about writing is trying to take something that is VERY COMPLICATED and make it seem simple to understand. This book not only does that, but he also throws in a considerable amount of unexpected humor!

Go for it! It will make a nice Holiday gift for those who keep putting off “getting their financial act together.”

Rating: 5 / 5

What I did not expect, was the plethora of information that is packed into this one little book, written in plain language that I could easily understand.

I read the book in one afternoon. I was so fascinated by what Errold Moody, with his unique sense of humor, managed to convey. His style makes it any easy read, but what I learned, left my mind anything but at ease!

I am a relatively educated person, but what I didn’t know about finance was ridiculous. I had no idea that I was putting my hard earned money in the hands of possible crooks,at worst, and at best, people who may know little more than I!

This book tells it all! Not what the “big guys” want you to know, but the way it really is!

I had to write this review because I am so impressed with what this author has taught me. My thanks go out to him.
Rating: 5 / 5