BOOKS: Ali Velshi's "Gimme My Money Back"

Listen to a SAJA webcast with Ali Velshi above or at http://www.blogtalkradio.com/saja/2009/01/23/Ali-Velshi-CNN-biz-correspondent. Co-hosts: Meena Thiruvengadam (meenakthiru[at]gmail), Washington-based Dow Jones reporter covering the financial crisis and Sree Sreenivasan, (sree[at]sree.net), SAJA co-founder and Columbia Journalism School professor.

Ali Velshi, chief business correspondent of CNN and one of the most visible commentators on the economic crisis, has a new book out. And its title reflects what a lot of people are thinking about these days: "Gimme My Money Back Your Guide to Beating the Financial Crisis."

Velshi says: "I'll show you how to map out an investment strategy that's right for your individual situation: your age, your income level, your family status, your wants and needs.  And I'll show you how to modify your investment plan as your needs evolve over time."

Here are the testimonials about the book:

"Despite the topic, this book is upbeat and very practical. Velshi does a great job of explaining complex financial scenarios in terms even the most inexperienced can comprehend. The 'What Did We Learn?' and 'Coming Up' chapter endings are a great asset." — John Eckberg, Cincinnati Enquirer Business Reporter and Author, The Success Effect

“This book is essential reading for anyone who takes even a passing interest in their financial affairs. A must read.” — Stephen Leeb, Editor, The Complete Investor, Author The Oil Factor

"When I hosted The Money Gang with Ali on CNNfn, we had a very simple test to decide whether a segment would work on the show. It had to be 'actionable.' Ali keeps that concept in mind on every page of his book. Without talking down to the reader, he manages to explain aspects of the financial crisis that just aren't easily simplified. He's made the content easy to understand and it's easy to put his advice to work for you." — Pat Kiernan, Anchor, NY1

Book description:

One way or another, you lost money as a direct result of the financial crisis. Now you have to start making it back, and you can do that by reading this book.

This book shows how the markets work and how to be involved, how to calculate personal risk tolerance based on personality, goals, age and years from retirement, how to avoid losing money, and how to use mutual funds, index funds, stocks, ETF’s, bonds, and other investment vehicles to speed up readers’ own personal recovery. Includes model portfolios to get you started right away.

Written by CNN Chief Business Correspondent Ali Velshi using his trademark user-friendly voice, GIMME MY MONEY BACK is a straightforward guide to understanding how we got into the mess we’re in, with concrete, simple, proven steps to get you out of it.

Review copies, interview requests: Drew Nederpelt at Sterling and Ross - drew[at]sterlingandross.com (tell him SAJA sent you).

See his website: AliVelshi.com - and the Amazon listing.

Post your questions and/or comments below.