I’ve been out of blogging for a while but today just passed a milestone that will give me more opportunity to post. For over a year I’ve been involved in settling a complex estate and have been exposed to lots more “real-world” financial issues than ever before in my life. And this year I turned the magic age where I had to deal with RMD (Required Minimum Distributions) from my 401Ks and IRA. So I needed help I could trust.
Even though I have a MBA, from leading bizschool, with concentration in finance my study (decades ago) was mostly theoretical, not practical. So as an investor I have just the simplest investments. So now, with some new funds to invest, I needed some practical help to manage my assets for my retirement.
So I searched around a bit and found this very helpful book, The Investing Handbook for Almost Everyone. It’s very readable and has tons of practical and useful advice that I can apply for myself. In setting up the RMDs I had to deal with multiple self-interested financial “advisers” (really just investment firms). Mostly their “advice” was to move all my funds to their management. I know enough to also know that their specific investment “recommendations” are also what probably generates the largest fees for them! So getting help, even through the impersonal connection of a book, but from an “objective” person who’d provide honest advice with no hidden agendas is very useful.
So I can recommend this book and it could help guide you through some of the complexity of investing in a manner that best fits your needs, not the need of someone who has other agendas.