The Personal Wealth Coach
Title: The Personal Wealth Coach
Author: Jeff McClure
Category: Non-fiction / Self-help
310 pages; ISBN: 09741858-5-X
Rating: 6/10
"The Personal Wealth Coach" by Jeff McClure, Certified Financial Planner, is written with a good intention of educating the public about the various options of wealth creation and preservation.
The author has a strong background of cultural anthropology in addition to his Certified Financial Planning qualification. This background helped him bring out the historical aspects of wealth. The first half of this book is more or less devoted to these historical aspects.
The second half of the book tries to coach the reader about various investment instruments, plans, choosing the right investment manager etc.
The author successfully argues that all average investors need professional advisors to help them to identify the right investment managers. Then the reader may rightly ask him/herslef the question, "why should I then spend this much time in reading this or similar books and try to understand these difficult concepts?"
The book is not easy to read, especially the later parts of it. The author makes a sincere and valiant attempt to explain difficult concepts in an easy to understand style. But I am afraid to report, not really successfully. While the historical aspects have been brought out quite well, the author doesn't quite succeed in explaining in a simple and lucid manner the various investment strategies. The book does not accomplish the goal of clarifying and educating the average educated lay reader.
The author is quite biased in favor of the American Capitalism as the best vehicle of individual enterpreneurship and thus wealth creation. People of other cultures may not agree. There is much more to life than just money. And the means are as important as the ends.
In spite of the author's grateful acknowledgement about the editorial efforts, the reviewer could not but help noticing various glitches in the book.
I would strongly advise the reader to spend more time in going through the book or buy it from a store which has a refund policy.
Author: Jeff McClure
Category: Non-fiction / Self-help
310 pages; ISBN: 09741858-5-X
Rating: 6/10
"The Personal Wealth Coach" by Jeff McClure, Certified Financial Planner, is written with a good intention of educating the public about the various options of wealth creation and preservation.
The author has a strong background of cultural anthropology in addition to his Certified Financial Planning qualification. This background helped him bring out the historical aspects of wealth. The first half of this book is more or less devoted to these historical aspects.
The second half of the book tries to coach the reader about various investment instruments, plans, choosing the right investment manager etc.
The author successfully argues that all average investors need professional advisors to help them to identify the right investment managers. Then the reader may rightly ask him/herslef the question, "why should I then spend this much time in reading this or similar books and try to understand these difficult concepts?"
The book is not easy to read, especially the later parts of it. The author makes a sincere and valiant attempt to explain difficult concepts in an easy to understand style. But I am afraid to report, not really successfully. While the historical aspects have been brought out quite well, the author doesn't quite succeed in explaining in a simple and lucid manner the various investment strategies. The book does not accomplish the goal of clarifying and educating the average educated lay reader.
The author is quite biased in favor of the American Capitalism as the best vehicle of individual enterpreneurship and thus wealth creation. People of other cultures may not agree. There is much more to life than just money. And the means are as important as the ends.
In spite of the author's grateful acknowledgement about the editorial efforts, the reviewer could not but help noticing various glitches in the book.
I would strongly advise the reader to spend more time in going through the book or buy it from a store which has a refund policy.
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