Comments on: Ron Insana Book Tour Stops Here

By: Bret @ Hope to Prosper

Bret @ Hope to Prosper — Fri, 05 Feb 2010 17:48:46 +0000

Woohoo, nice.

I never win anything.

Thanks a bunch Wojo.

I will email my address later.

Bret
Bret @ Hope to Prosper´s last post: Aetna 4Q profit falls 15 percent on medical costs

By: Wojciech Kulicki

Wojciech Kulicki — Fri, 05 Feb 2010 14:30:36 +0000

Using random.org, I selected a winner for this giveaway today! The random number generator, when asked for a number between 1 and 4 (I only counted your comments) returned 3.

Congratulations, Bret! I’ll be emailing you to send a copy.

Thanks for entering and sharing your thoughts, everyone.

By: Wojciech Kulicki

Wojciech Kulicki — Mon, 01 Feb 2010 00:46:01 +0000

Ouch! (Thanks for sticking up for me, though).

I definitely hear you (although I hope you’ll be inclined to reading my books when I become super-famous and publish, too…). This was a tough book to pull off well, for all the reasons you mention, but I think in light of everything, Insana didn’t do a bad job at all.

Simplicity is key to most long-term endeavors–I’m glad to hear you’re making it work for you!

By: Bayah

Bayah — Sun, 31 Jan 2010 23:41:15 +0000

I would think that any books relating to our current economic situation and that gave advice on investing would be outdated. It’s hard to even keep up with the current political climate and action steps government has taken in this ever increasing face paced world. Ironically the title of his book might be just that “his way to make a fortune by selling this book, although possibly outdated, in times of needed advice”. I think I’ll just stick to Fiscal Fizzle for my financial tips!
On a serious note, my family has taken the simple spend less route as it relates to the economy. We have implemented a simple additional savings plan at our local bank, that wouldn’t take too much effort but would help with an extra cash reserve.
Kudos on your book reviews!

By: Wojciech Kulicki

Wojciech Kulicki — Sun, 31 Jan 2010 14:49:24 +0000

It’s helpful for young people like myself to have perspective from those who have been through these downturns before. A few people in my personal life talk about it openly all the time. It definitely makes it seem like there’s a light at the end of the tunnel.

By: Bret @ Hope to Prosper

Bret @ Hope to Prosper — Sat, 30 Jan 2010 22:29:10 +0000

When the economy dumped and the markets seized up, I doubled my monthly savings from 10% to 20% of my net pay. I kept it at 20% all last year and probably will into the future.

I have been through recessions a number of times in the last 25 years and this is an opportunity to buy stocks at great prices. This helps to make up for all of the money I lost when the market went south. It has dramatically sped up speed the recovery of my portfolio.

Thanks for reviewng Ron Insana’s book. I have watched him for years on CNBC and I respect his opinion of the markets. Of course, it’s easy to say this is a buying opportunity. There’s nothing ground-breaking to that story.
Bret @ Hope to Prosper´s last post: The End of Reckless Spending

By: Wojciech Kulicki

Wojciech Kulicki — Sat, 30 Jan 2010 03:24:51 +0000

Market’s kind of in a lull lately, I agree. I am thinking about playing with Insana’s theory by using Toyoya as an example. The stock’s been hugely beat up this week. I may or may not put real money behind that game; I haven’t decided yet…

Spending less than you earn is always a good thing. Thanks for stopping by!

By: Brian

Brian — Sat, 30 Jan 2010 03:10:23 +0000

Currently I’m doing the old fashioned spend less than I earn. I *was* on the sidelines for several months but recently (3 months ago) jumped back in with a smaller sum.

I’ve continue to evaluate and reevaluate my decisions. I’m still not convinced with how things are going.

By: Wojciech Kulicki

Wojciech Kulicki — Fri, 29 Jan 2010 19:26:46 +0000

That’s kind of the feeling I got when reading it too–sort of like “well, according to your line of thinking, since now everyone’s read your book, it’s too late to buy.” Kind of ironic, but as you point out, the principles for the next time around are the same, so I still think this was a good and useful read.

By: pennystocks

pennystocks — Fri, 29 Jan 2010 19:10:03 +0000

It was probably the time to invest as he wrote the book but a little late after it was published. we could easily re test those lows and that would be a good time to buy. Lots of professionals bought that collapse.