The Pure Equity Plus Plan

Your Plan to a Multi-Million Dollar Retirement

Non-Fiction - Business/Finance
178 Pages
Reviewed on 09/15/2023
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    Book Review

Reviewed by Bryone Peters for Readers' Favorite

Most people wish to retire comfortably. You need to invest your money, but the options are daunting and sometimes conflicting. Do you trust your hard-earned cash to someone who manages other people’s money, or should you do the research yourself? Making money means having to take risks, but which risks are worth taking? Perhaps there is a middle ground. The Pure Equity Plus Plan: Your Plan to a Multi-Million Dollar Retirement by Peter J. Tanous covers the basics of personal finance that relate to investing in stocks. It is perfect for anyone who wants to know about personal financial investment portfolios. Tanous delves into the history of the stock market and the conventional approach that financial advisors propose for under-fifty-year-old clients to retire comfortably. However, the plan that Tanous recommends is different.

The author provides compelling reasons in support of his proposals. The Pure Equity Plus Plan by Peter J. Tanous is written with authority and describes what he believes is the best investment strategy. I learned a great deal from the wealth of knowledge provided in this book. Tanous delves into aspects of financial risk and provides solid arguments against traditional investment practices. His narrative on economics and the history of finance is interesting and often entertaining. I was captivated early on in the book. Tanous makes extensive use of charts to impart his knowledge. The chapters follow each other logically to outline the strategy that Tanous advocates. The book provides guidance and clarity that the layperson can follow easily, especially for those with little knowledge of business or economics.

Doreen Chombu

The Pure Equity Plus Plan: Your Plan to a Multi-Million Dollar Retirement by Peter J. Tanous is a retirement guide for people who are under fifty. The author discusses the role that probability and risk management play in this financial plan, and explains how staying invested in stocks and not getting spooked by market changes can still make you a multimillionaire. He debunks popular financial advice like asset allocation and diversification and provides sound reasons for this. He gives historical data to back his investment plan and the steps needed to execute it. He explains why the American stock market is the best to invest in and recommends a long-term financial portfolio that you can use. The portfolio contains various investment plans and strategies that will suit your preferences and lifestyle.

The Pure Equity Plus Plan is a well-detailed financial guide that is clearly explained and easy to follow. Peter J. Tanous does a great job of presenting his information. He uses graphs, tables, and charts, which make the information easy to read and understand. The book is well-researched, organized, and educational. The author showcased his experience and passion for the topic, and I loved his unique financial perspective. He is honest in stating that there is risk in his plan, but the reward is worth the wait. Most people check on their investments regularly and scare themselves with any adverse financial news, being tempted to withdraw. The author advises investors to do the opposite and encourages them to be patient. I enjoyed reading this book because it is enlightening and eye-opening, and I highly recommend it to anyone planning for the future.

Pikasho Deka

Intelligent investing in the stock market can set you up for a nice life with financial freedom after retirement. With The Pure Equity Plus Plan: Your Plan to a Multi-Million Dollar Retirement, Peter J. Tanous shows readers the benefits of long-term investing and offers a practically applicable framework for investors to maximize their investments. Despite traditional advice on asset allocation and diversification, Tanous argues against it and uses clear-cut examples, citing the work of world-renown finance academics to explain why some of these modern theories don't work in most scenarios, as they tend to minimize risk in exchange for substantially reducing future returns. According to Tanous, these theories are designed to protect financial advisors more than the clients. Taking inspiration from successful investors like Warren Buffet, Tanous shows you how to tailor your portfolio for maximum long-term returns with easy-to-follow guidelines.

In The Pure Equity Plus Plan, Peter J. Tanous strongly emphasizes that long-term investors shouldn't pay much heed to constantly changing market trends and to exercise caution with modern investing theories. The author also takes a deep dive into the concepts of fractal geometry and "fat tails" as they relate to the stock market. Additionally, Tanous explores the Gaussian bell curve while analyzing history's biggest stock market declines. After finishing this book, you will also gain an understanding of mutual fund and gold investments, the differences between active and passive investing, choosing your style, an overview of the Efficient Market Theory, and advice on which stocks to buy and how. Ultimately, this book will guide you as you build a lifetime portfolio. Highly recommended.

Joseph Helou

Excellent book. Detailing in easy way a reliable financial retirement plan.

Ramy Adly

The book is one of my favorites in my library. It's straight to the point about the stock market, retirement, and planning ahead. I learned a lot from it, and it's akin to The Richest Man in Babylon strong .