MoneySense Guide to the Perfect Portfolio (Book Review)

The MoneySense Guide to The Perfect Portfolio Book Review

The MoneySense Guide to The Perfect Portfolio by Don Bortolotti

The MoneySense Guide to the Perfect Portfolio, by Don Bortolotti, is designed to help Canadians boost returns and grow your wealth, with a few simple adjustments to what you’re probably already doing.

So how does the Guide to the Perfect Portfolio stand up? And what can this book do for you?

Well, that’s what I hope to show you in this book review. Keep in mind I’ll be looking at the 2012 edition, but it’s still highly relevant and the 2013 version looks very similar. Now, let’s get on with this book review…

Why You Should Read The MoneySense Guide to The Perfect Portfolio:

To put it simply, The MoneySense Guide to the Perfect Portfolio is a fantastically practical primer for the average Canadian who is starting to accumulate some wealth. And whether you’re just getting started, or have built up a nice little nest egg, The MoneySense Guide to The Perfect Portfolio can help you understand your options.

And it doesn’t matter if you are actively interested in your personal finances or not. For example…

If you want to grab your trading by the horns, The MoneySense Guide to The Perfect Portfolio gives you the basic industry knowledge to get oriented. And even more critically… this book highlights the best way that the average retail investor can generate significant returns. So if you’re looking to actively manage a portfolio of money this book will give you a clear picture of how to benchmark.

And do you know what else?

Even if you have zero interest in actively keeping tabs on your assets, you can read The MoneySense Guide to The Perfect Portfolio in one afternoon and be knowledgeable for the rest of your life. Simply put…

This is the easiest way I know of, to learn how you can grow your net worth. You might be struggling in student loans or even credit card debt. And this book will set you straight. If you’re trying to decide between TFSA and RRSPs, this book can help you figure it out.

By the way, if you already have a financial adviser, then you REALLY need to read The Guide to The Perfect Portfolio. And I don’t mean to offend you. I’m sure your financial adviser is a fantastic individual. But here’s the thing…

Your savings are your capital base. And it’s your responsibility to learn how the financial services industry is scheming to make it theirs. I know this might sound a little crazy.

But seriously:

The MoneySense Guide to The Perfect Portfolio is a best-practice primer that will arm you with the knowledge you need to make sound financial decisions for the rest of your life. Even if you only take one of the suggestions in this book, it will immediately pay for itself. You can even buy a digital copy on Amazon for $5 – it’s the smartest decision you’ll make today. And I haven’t even told you my favorite part yet!

So check this out:

What I Loved Most About The MoneySense Guide to The Perfect Portfolio:

Unlike a lot of investing and personal finance books, The MoneySense Guide to The Perfect Portfolio is incredibly applicable for the everyday Canadian. I’m very lucky my Grandmother thought to buy me this book for Christmas a few years ago. So I can definitely recommend it as a holiday gift. Here’s how the book works:

The MoneySense Guide to the Perfect Portfolio is basically a step-by-step guide to reducing the fees you pay when you’re investing, and how you can boost your returns. If you’re not interested in finance this might sound complex. But it’s easy! The book assumes no prior knowledge and gives you all the background info you need.

The chapters pan out as follows in a very easy-to-follow approach:

  1. Change the Way You Think: The trouble with mutual funds, stock picking and a new way to think about investing. (Stop being average!)
  2. Set Your Targets: How to get serious about saving – and defining your financial goals.
  3. Understand Your Risk Profile: Why time is on your side, targeting your rate of return and understanding what you can stomach.
  4. Choose Your Asset Classes: Where to put your money, and how to handle it with care.
  5. Select Your Funds: Indexing, fees and currencies – all you need to know.
  6. Opening Your Account: Learn which broker is for you.
  7. Build Your Portfolio: How to buy your very own funds (for almost no fees!)
  8. Keep It In Balance: The easiest way to boost your long term returns.
  9. Stay The Course: Patience etc.
  10. Sample Portfolios: Your financial success is as easy as copy and paste!

To make it even better, at the end of each chapter there is a real life example from another Canadian that makes it very easy to see how these tips could apply in your life as well. It shows you the exact accounts and products you can use.

But let me make one thing clear:

The MoneySense Guide to The Perfect Portfolio Is Not a Get Rich Quick Guide:

The good folks at Moneysense are pragmatic and practical in their advice. And this is the right approach. This book doesn’t have any fancy technical indicators to help you time your stock purchases. It just has time tested tactics and sage advice you can use easily… to regularly achieve consistent returns and minimize fees.

This book contains a ton of information you can use to increase your net worth. But it’s “get rich slowly kind of advice.” Now I know you might be looking for some financial razzle-dazzle. But this book is just the bear bones advice on how you can responsibly, conservatively and predictably grow your fortune for the rest of your life..

That’s why I encourage you to check out The MoneySense Guide to The Perfect Portfolio for yourself. But just know it is decidedly not a get rich quick scheme. It really just shows you how to make a few quick adjustments to what you’re already doing. And the advantages will accumulate in your accounts for the rest of your life.

Sounds like a good read, right?

It is.

So one last thing:

The MoneySense Guide to The Perfect Portfolio – A Final Word…

I don’t usually endorse a book so fervently. But The MoneySense Guide to The Perfect Portfolio is super easy to read, it’s only $5, and you can literally benefit from it for the rest of your lives. A lot of my friends have now been working for a few years now and are starting to accumulate some cash. This book is the first one I would recommend to all of them to get oriented on their personal finance options. Seriously!

So do yourself a favor and at least read the reviews for The MoneySense Guide to The Perfect Portfolio on Amazon! Unless you have a really in-depth knowledge of your financial options and how to avoid feeds, you won’t regret it. Plus there are tons of illustrative pictures, personal examples and you can read it in about 3 hours. So what are you waiting for?

The MoneySense Guide to The Perfect Portfolio Book Details and Video Book Review:


Author: Don Bortolotti
Publisher: MoneySense
Pages: 127 (with lots of infographics and pictures)

Leave a Reply