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Reviewed by Foluso Falaye for Readers' Favorite
Are you wondering why it looks like you've not been saving even though you're following a savings plan? Do you find being in a higher tax bracket discouraging? Does finding the right financial advisor seem challenging? If your answer to any of these questions is yes or you have other questions about building wealth, Outsmart the Money Magicians has the answers you need. Christopher Manske's book explains the misunderstanding behind the "set it and forget it" saving method and breaks down how the IRS and Wall Street trick investors into losing money. Additionally, the author shares three ways Wall Street needs to straighten up its offering to the populace. With every illusion explained, the book draws the reader closer to their money goals and keeps them from falling victim to financial exploitation.
Outsmart the Money Magicians combines essential calculations, illustrative examples, and clear explanations to enlighten the reader effectively. I loved that the author elaborately describes how deceptive literal magic tricks are and then reveals similar tricks in the financial world. I was both learning and having fun picturing fascinating magic details. Wise words abound in the book, and I hope never to forget them. One of my favorite quotes advises not to "look at the cost of buying something. Instead, look at the cost of buying and maintaining it." This book is recommended to novice and expert investors, who will find it useful and practical for improving their financial strategies. Tell the money magicians in the IRS and Wall Street that the jig is up. A fairer, more prosperous era is here for investors in the US, and Christopher Manske's book is its long-awaited conveyer!