Editors Reads Verdict
The clearest beginner investing guide in the Broke Millennial series. Lowry explains brokerage accounts, index funds, and retirement accounts without jargon or condescension — essential for anyone who has mastered budgeting and is ready to invest.
What We Loved
- Picks up where the first book ends — assumes basic financial literacy
- Explains complex investing concepts without condescension
- Covers socially responsible investing and crypto with appropriate scepticism
Minor Drawbacks
- US-focused on account types and tax structures
- Less useful for experienced investors
Key Takeaways
- → You do not need to be wealthy to start investing — starting small is better than waiting
- → Understand what you own: index funds, actively managed funds, and their costs
- → Automate contributions so investing happens regardless of motivation
| Author | Erin Lowry |
|---|---|
| Published | April 9, 2019 |
| Language | English |
| Genre | Personal Finance, Investing, Non-Fiction |
Overview
Following the success of Broke Millennial, Erin Lowry narrowed the focus to investing — the topic her readers asked about most. This book is a standalone investing guide that assumes only basic financial literacy.
What the Book Covers
Opening and funding a brokerage account, understanding asset allocation, choosing between index funds and active funds, using robo-advisers, navigating employer-sponsored plans, managing taxes in taxable accounts, and the basics of socially responsible investing.
Who Should Read This
Readers of Broke Millennial ready for the next step, and any beginner who finds standard investing books intimidating or jargon-heavy.
Final Verdict
The clearest beginner investing guide in the Broke Millennial series — essential for anyone who has mastered budgeting and is ready to invest.
Frequently Asked Questions
What is "Broke Millennial Takes on Investing" about?
The follow-up to Broke Millennial, focused entirely on investing — from opening a brokerage account and understanding index funds to navigating robo-advisers and tax accounts.
What are the key takeaways from "Broke Millennial Takes on Investing"?
You do not need to be wealthy to start investing — starting small is better than waiting Understand what you own: index funds, actively managed funds, and their costs Automate contributions so investing happens regardless of motivation
Is "Broke Millennial Takes on Investing" worth reading?
The clearest beginner investing guide in the Broke Millennial series. Lowry explains brokerage accounts, index funds, and retirement accounts without jargon or condescension — essential for anyone who has mastered budgeting and is ready to invest.
Ready to Read Broke Millennial Takes on Investing?
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