Billed as a book that is in-between the fundamentals of money management and advanced investing, the book delivers on that premise. It covers more nuanced concepts – e.g., the importance of capital allocation, opportunity cost and taking the emotions out of financial decisions. Maybe it’s because I’m a career coach and deliver the same message but I particularly liked that Azzouz names your earning potential as a valuable asset and recommends investing in your career as much as financial investing. I also appreciated how Azzouz went beyond paper assets and covered real estate – actual rental real estate and not just REIT’s or real-estate based paper. The book is an accessible read and covers different ground than most mass media personal finance books.

The book is very nice although US reality centric in some parts. This is fair enough because taxes as system varies in different countries. The general rules are very much applicable and adjustable to where I creative as well as other countries I used to live.

Although pitched for readers who are beyond basic concepts like savings, debt and what is a stock and bond, but who don’t know about CAPM, mean variance, options pricing, etc., that would cater to a more sophisticated investor, the information here is not much different than other common investing books than aim to inform interested individuals on how to invest for the long term.
The writing style is engaging and mostly jargon-free but if you have read John Bogle, Charlie Ellis, William Bernstein or Jason Zweig, you will not appreciably increase your understanding of money management. To the authors credit he doesn’t advise trying to beat or time the market but there is a not so subtle sales point in advocating for the use of a financial advisor as the author is one himself. He believes that a set and forget low cost index fund approach can’t prevent buying high when stocks are overpriced or prevent an investor from panicking and selling at a market bottom and missing the gains from a rebound. The question is whether a 1 % fee year after year is worth it from preventing someone from making a market-timing mistake. I don’t believe so but others obviously disagree.
Although not destined to be a standard investment book for DIY investing, it still does a good job explaining the basics of investing including real estate in addition to stocks and bonds, asset allocation, tax considerations and how to evaluate a financial advisor. There is a cursory discussion of insurance and estate planning that round out the book. A solid but unremarkable entry in the field of basic money management

Very comprehensive overview of personal finance, saving, and investments. It really does go beyond the basics, and details all of the fine print that come with retirement accounts, stocks, investment returns, and much more.