The Only Investment Guide You'll Ever Need

The Only Investment Guide You'll Ever Need by Andrew Tobias (2005; first edition 1978) 287 pages

For a twenty-year-old edition of a 47-year old book, I still found Tobias's investment guide to be quite informative. He speaks plainly and gives plenty of examples to illustrate what he says. He's funny, too. He makes it easy for a newbie to invest by naming mutual funds to consider, and suggests buying two index funds: one that invests in U.S. stocks and one that invests abroad. He also gives a bit of advice on other issues, like estate-planning. I love the section headed "YOU'RE DEAD‒Why didn't you read this first?!"

Tobias is still alive, according to the internet, and it appears that he has a newer edition (2016) than the one I read. The only melancholy thing about his book is that when Tobias speaks of the U.S. government, he speaks as if our government still acted somewhat sanely. I'm not sure how much our of his advice would change if he were to consider the current situation with government taxes, spending, tariffs, the Fed, safety nets, etc.