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The Reading Lounge

Another day, another re-read. This is a VERY QUICK read as there's lots of white-space, large margins and a good sized font. Only four more investment books to go and I'm not going to delve into the ones I have on how to find value-investment category companies, M&A targets, or derivatives.
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Another day(and a half!), another book. The Pig and the Python is a Wealthy Barber wannabe for forecasting the effects of the Boomer generation, but doesn't quite cut it. It tries to forecast 20 years into the future (it was written in 96) and projects a housing market crash as older Boomers start to die, leaving an abundance of properties available for the GEN-X and Millenials. It does correctly forecast the popularity of mutual funds which were relative new at the time.

Verdict: PASS

For the two Wealthy Barber books: the first is a MUST READ (despite some info being dated) and the RETURNS book is a RECOMMEND.
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I finished the audio version of the late Rush drummer Neil Peart’s “Ghost Rider: Travels on the Healing Road.” Fantastic journal/travelogue of a year on a motorcycle while coping with the loss of his daughter and wife in a 10 month time frame. It showed me two things: (1) journaling doesn’t have to be some profound inner exploration—thoughts about the experiences of the day counts too; and (2) the man read constantly; all kinds of stuff. One of the most well-read people I’ve ever encountered. Voracious. Something to aspire to!
 
It's taken a few days, but I have now finished Boom Bust & Echo 2000 , a 1998 book looking at how the baby boom and following two generations will have an impact on just about all aspects of Canadian life in the (then) coming years. It's a mainly dry, analytical read based on demographics and more for understanding and planning business trends than for the individual investor.

Tomorrow, I hope to start what should be a quick re-read on the 2nd to last in my slew of investment books.
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Done in one day. The Automatic Millionaire, CDN ed reads like an infomercial where the speaker has had about 50 coffees. :ROFLMAO: A lot of hype and he IS taling directly to you as if he was there/here in person. It's nice at the start, but there's just not enough meat in the book to cover the 200+ pages; it could be condensed to around 50, in my opinion. The messages are not new: Pay yourself first, try to automate your savings, pay off credit cards, and watch out for all those little things that consume lots of cash (his "The Latte Factor" concept.)

It's an okay book if you're just starting out with no idea as to how to save or get out of debt, but he oftemn goes for simplicity and what makes you *feel good* rather than what will save you more money. Eg. Pay lowest balance credit cards off first, when I advocate for paying off the one with the highest interest rate. Still, it's a plan that is better than no plan.

One last re-read to go, starting tomorrow.
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Closing off my investment refresher immersion, today was a quick 2.5hr re-read of Pape's Tax-Free Savings Account from 2009. I also read this last August and, well, not much has changed in it. :ROFLMAO: If you are Canadian and unsure of the whole RRSP-vs-TFSA thing, this is a great book to add to your library.
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While Sam spends his retirement reading about how to have enough money to stay retired, I'm enjoying this book:
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If you enjoyed the nerdiness of The Martian, this is just as good.
 
I just finished this book today. I really enjoyed it. The depth the author goes to compile the life and history of St Joseph is amazingly well done. This read took a little longer as I found myself moving pretty slowly though mainly because of how much was going on. I am sure I will reference this book many times going forward. Definitely recommend.

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woodpusher said:
After taking yesterday off to recover from reading The Wheel of Time series, I started a new thriller today!!
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Done! It took over a month ... with MANY breaks .... but I finished it today. I think that I will tackle Volume 2 next.
Ohhhh , what excitement awaits me! :p
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Finished the book on the left. A very quick and thought provoking book. Starting the book on the right while on our camping trip. Leave today.

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Finished 2 books recently. Casino Royale and The Haunting of H. G. Wells. Both were good. I have the next 2 Bond books waiting on the shelf and I think I may need to look into more historical fiction.
 
The summer my reading always slows down but while camping this weekend had a nice spot in the shade and finished this book. Really interesting read that gets the mind thinking. Anyone who is interested in that time period of history I'd recommend this book.

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I have been reading the Nameless series by Dean Koontz. They are a series of novellas written for that South American river website. Members get to read them for free. I finished the first "season" when it first came out and am in the middle of the second one now. Each novella is a quick read.
 
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