All the Math You Need to Get Rich: Thinking with Numbers for Financial Success |  | Author: Robert L. Hershey
Publisher: Open Court
List Price: $16.95
Buy Used: $0.64
as of 11/21/2009 17:20 CST details
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Rating:  4 reviews
Sales Rank: 746599
Media: Paperback
Edition: illustrated edition
Pages: 224
Number Of Items: 1
Shipping Weight (lbs): 0.6
Dimensions (in): 8.8 x 6 x 0.3
ISBN: 0812694473
Dewey Decimal Number: 332.024001513
EAN: 9780812694475
ASIN: 0812694473
Publication Date: August 31, 2001
Availability: Usually ships in 1-2 business days
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Product Description
With so many options for investing, retirement planning, and home financing available, consumers need a thorough understanding of the concepts and terms underlying financial decisions. All the Math You Need to Get Rich will leave even the math phobic with a solid foundation in the mathematics behind mortgage and insurance payments, compound interest, stocks and mutual funds, cash flow, gambling, and risk-taking. Writing in a light-hearted and humorous style, Robert Hershey takes readers step by step through several real-life sample problems in each area. Organized for easy reference, this book provides the necessary tools to make informed decisions about financial investments.
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| Customer Reviews:
solid foundation September 18, 2009
Jesse Jones (Texas)
If you want to be smarter, specially with your money, this book is a must read.
If you are in buiesness then you need to this book.
the auther starts with simple interest and odds and the such and works his way into annuity and calculating mortage payments. Each chapter esplains an idea and at the end there are probloms for you to work out. Don't know how to work one of the problems? no problem, he works each one out for you, step by step.
almost the whole book uses the compounding tables in the back, but you have to use compounding tables unless you know trigonometry. Or you can get a financial calculator, then you would still need this book so you can learn how to use the formulas on the calculator.
Whether you own a business or a 401k, you NEED to work through this book.
This will give you a great foundation.
RULE OF 70? August 17, 2002
1 out of 9 found this review helpful
I PURCHASED THIS BOOK AND IT SEEMS TO BE GOOD EXCEPT THAT WHEN THE AUTHOR REFERS TO THE "RULE OF 70", I HAVE ALWAYS HEARS IT REFERRED TO AS "THE RULE OF 72". IS THIS AN ERROR OR A TYPO?
 Fun With Financial Math December 12, 2001
13 out of 13 found this review helpful
Here is a handy guide to life's financial problems. It is more than just an inventory as it provides the steps necessary for working with the numbers that underlie the solutions. You aren't a math wiz? No problem. Every example, and there are so very many of them, comes complete with simple words and an easy walkthrough to the solution. They build on each other, much as our real world financial problems are extensions of each other. Question: What is the world's most powerful financial force? Answer: Compound interest, of course. It is easily applied and can be made to work for anyone. The author suggests using a pocket calculator, and for most of the examples it will suffice. The more adventurous reader will want a spreadsheet, as the more involved (and realistic) examples/problems have many parts. A descriptive phrase can then accompany each number, and the rather straightforward formulas can be programmed at the start. All in all this is an excellent primer for the realities of money. The author's humorous touch adds to the book's enjoyment and utility.
All The Math You Need To Get Rich - Definitely October 17, 2001
Ron Rolfe (Washington, DC)
16 out of 16 found this review helpful
Mr. Hershey's lighthearted tome takes a humorous yet enlightening approach to providing clarification on a subject that frightens many - crunching the numbers. If math was one of the subjects you avoided like the plague in high school, you might think this book isn't for you, and yet, it's the perfect guide for those that might find math a little unsettling. Loaded with clear examples of everyday financial situations, it's easy to track down the answer to questions many people face on a day to day basis. I especially liked the emphasis on the effect of compounding interest and the details on calculating investments in chapter 6 and 7. One word of caution though, if you're a big time gambler, just waiting for your horse to come in, skip chapter 3. In a nutshell, if you want clear advice on understanding investments, percentages, the odds of winning or how you can strategize on long term goals, this book is the place to find it. Even for the weak of heart when it comes to numbers.
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