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Fast Profits in Hard Times
10 Secret Strategies to Make You Rich in an Up or Down Economy

by Jordan E. Goodman

      Goodman slices through the acronym and jargon-filled world of current economics and investments to present an easy-to-read, easy to understand, compendium of investment maneuvers. After having read this book, even an uninitiated investment venturer would have a clear understanding of where he needed to start. However, the subtitle, 10 Secret Strategies to Make You Rich in an Up or Down Economy, is misleading and falls far short as a promise to the contents of the book. There is no secret and the strategies are nothing more than common sense due diligence any investor must perform prior to any investing. The organization is a bit confusing as well. My understanding was that Goodman progressed from most labor intensive investments to least, but that didn't seem to hold true.

With that said, Goodman offers many resources, albeit most are for-profit web sites that promise, for a fee, to provide the information necessary to put into play the strategies presented in the book. Though he covers the gamut of investments from stocks and bonds to buying liens to gumball vending machines and internet ad placement, he falls short of doing much more than definitions and a cursory look into the workings of the strategies. One who has ventured into the market or bought and sold a house would find the book too elementary for his tastes. Nonetheless, the book is an excellent beginner's tool for someone wishing to start investing, although certainly not enough to use as a manual. And just as Goodman warns with almost every action plan he presents, "Do your research," the reader will find he will still have to do his research after reading it.

The Book

Business Plus of Hachette Book Group USA
January 2008
Business How To
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The Reviewer

Chris Querry
Reviewed 2008
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