How to Achieve Financial Success

"What's the difference between a bond and a man?" asks financial guru Ric Edelman. "A bond matures." Har-dee-har-har. Fortunately, Edelman, author of the bestselling The New Rules of Money, is a better money advisor than a joke teller (Men? Immature? Please.) Filmed before a seminar audience, the contrarian investor Edelman suggests that a home is not a person's best investment (it's a place to live), that most insurance is a waste (excepting life), and that stocks are not only as good as gold, they're actually better (than gold). Filmed in 1995, the general information offered here is still valid. Although there's a time and a place for bonds in a diversified portfolio, I don't think the assertion that "bond buyers are never happy people" is less true today, for example, than it was four years ago. Sure to be popular, thanks to Edelman's bestselling books, How to Achieve Financial Success will not only give viewers a start in the right direction, it may also stop them from throwing away good money on tax-free municipal bonds. Recommended. Also available at the same price: the 1997 production Why You Should Carry a Big, Long Mortgage and Never Pay It Off. Aud: H, C, P. (R. Pitman)