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Summer reading list

If you are planning a relaxing break this summer it doesn’t mean you can’t also take the opportunity to tone up your financial flexibility. Here is a selection of books that won’t weigh down the Christmas stocking too much but may provide much greater returns than submerging into a lengthy novel for the duration of your holiday.

Tuesday, January 7th 2003, 1:34PM


Making Money on the New Zealand Sharemarket By Frank Newman with Phil Briggs
Only $29.95

Making Money on the New Zealand Sharemarket is the most comprehensive book ever written about the New Zealand Sharemarket. A gateway to the world of investment and finance this is a fascinating and enlightening read for anyone interested in how the sharemarket works.
It begins by backgrounding the evolution of the stock exchange, explains how to interpret both financial statements and financial pages, explains different investing strategies and has an excellent sharemarket dictionary and even a revision crossword. If you have ever felt like a fish out of water in discussions about happenings on the sharemarket this book will empower you to be the one initiating the conversation!
 

Get Rid of Your Student Loan Now
By Lisa Schulz
Only $19.95

For many people these days gaining a tertiary education can also mean accumulating a hefty student loan.
According to the author of this book, Lisa Schulz, many students are struggling to get their heads around the financial mess they find themselves in. In effect students are having to start thinking strategically about their financial future years earlier than in the pre-student loan era.
An arts student herself, Lisa is not divulging the exact amount outstanding on her own loan but she says it is higher than the average and she is in exactly the same position as her target audience. Perhaps that is why other students will have no problem reading this book, written as it is from a position of empathy and a non-financial background.
The hours spent listening to students bemoaning their lot made her realise there were a lot of simple steps they could be taking to take control of their finances and extinguish their loan faster saving thousands of dollars in the process.
Lisa has also developed a website www.student-loan.co.nz that enables students to calculate when they will become debt free under different repayment scenarios. She says that working through this process is a revelation to many students and allows them to select the repayment plan that is right for them.
If you (or someone you know) have a student loan, this book could be the best present you get (or give) this year.
 

Your Investment Property
By Anita Bell
Only $19.95

Anita Bell’s two earlier books Your Mortgage and Your Property have sold nearly thirty thousand copies in New Zealand. The reason her books are so successful is simple. Her advice is practical, easy to understand and easy to apply.
Her latest book Your Investment Property- How to choose it, pay for it and triple your returns in 3 years by someone who did it in 2, applies the same recipe. It shows you how to become a successful property investor by buying the right property, paying the minimum price and managing the property to ensure maximum returns.
It also covers every aspect of the financial side too, from loans and property management plans to government fees and taxes and shows how to make the system work for you rather than against you.
 

Make Success Your Friend
By Tim Sole
Only $24.95

If you read nothing else this summer you should at least treat yourself to this book.
In it Tim Sole, recently retired ceo of The Public Trust, tells us to “hit the pause button” which is what reading this book is the equivalent of doing.
Challenged to master language because of its obstinate refusal to comply with logical mathematical principles, Sole says gave him an appreciation for the pithy and succinct. In this book he blends the two in a pleasing potpourri of anecdotes and insights.
As Dick Hubbard notes in the forward “there is nothing like little vignettes to help lift us up, to inspire us and to make us think.”
One reflection “sometimes it is better to travel than arrive’, sums up how one feels reading this book. You don’t really want it to come to an end.
 

 

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