Tuesday, September 28, 2010

Read: How to Build Wealth with Your 401k

Title: How to Build Wealth with Your 401k: Everything You Need to Know to Become More Than a Millionaire Over the Course of Your Working Lifetime

Author: Steve Merritt

This book is too basic to be useful to anyone but the very beginners. Even for someone who is just starting out, it doesn't offer much.

Merritt tries to do two things in How to Build Wealth with Your 401k: 1. convince readers that 401k is a good way to build a retirement nest egg; 2. give out some definitions on the fundamentals of investing. Now, if someone bothered to read this book at all, then I am assuming he or she is already convinced about the long term benefits of 401k. In other words, this person doesn't need additional arguments to sway him/her over. As for the glossary, one can get that in millions of places.

The book is easy to read, but don't expect too much from it.

Rating: 3 out of 5

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