Thursday, January 13, 2011

Save Money - Buy College Textbooks Online, Literally

Here's a tip for the broke college kid:  buy your textbooks online.  I'm not talking about the regular old way; I'm talking one chapter at a time delivered in .pdf format.

Why would you want a chapter at a time?  You get your syllabus at the beginning of the semester, which tells you the required chapters for the semester.  Just think about it -  how often do you actually go through an entire textbook?

I thought about buying the books, scanning the chapters I needed, then returning the books, but there's no way I would have manually scanned hundreds of pages.  Ebooks also came to mind, as they should be cheaper than a hard copy, so I went to looking.

Eventually I came across iChapters.com.  The thing I liked best is that they offer lots of books and you can purchase individual chapters!  My Math 190 textbook ran me $110 used at my local bookstore, and we were only using 8 chapters.  I looked on iChapters and compared the price of the individual chapters at $7.99 each-  a total of $63.92 for the 8 chapters I needed.  Purchasing only the chapters I needed saved me about 41% off the price of a used book at the local bookstore.

The chapters aren't some washed out, scanned POS .pdf's, they are actually high quality OCR scans, which means you can Ctrl+F and search the documents.  That's a godsend during homework and studying, much better than flipping aimlessly through pages.  iChapters also offer a free download of the first chapter of a book as  a preview.

However, there's one thing that I hate - the security of the .pdf.  If you want to access your material, you must login through the website and install (or authenticate through) their anti-piracy software.  You cannot open the .pdf's unless you have an internet connection, nor can you view the chapters and print them to a .pdf or .ps file.  I wish I could view the .pdf's offline without having to install any software, but that's just what they have to do to protect their content.

If you want to save LOTS of money, then buying only the chapters you need will definitely do so.  You might not find all your books on iChapters, but it's definitely worth it even if you can find just one.  The more money for pizza and beer, the better :)




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Tuesday, January 11, 2011

Review The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)

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More than one million hardcovers sold
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The Classic Text Annotated to Update Graham's Timeless Wisdom for Today's Market Conditions

The greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949.

Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles.

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Among the library of investment books promising no-fail strategies for riches, Benjamin Graham's classic, The Intelligent Investor, offers no guarantees or gimmicks but overflows with the wisdom at the core of all good portfolio management.

The hallmark of Graham's philosophy is not profit maximization but loss minimization. In this respect, The Intelligent Investor is a book for true investors, not speculators or day traders. He provides, "in a form suitable for the laymen, guidance in adoption and execution of an investment policy" (1). This policy is inherently for the longer term and requires a commitment of effort. Where the speculator follows market trends, the investor uses discipline, research, and his analytical ability to make unpopular but sound investments in bargains relative to current asset value. Graham coaches the investor to develop a rational plan for buying stocks and bonds, and he argues that this plan must be a bulwark against emotional behavior that will always be tempting during abrupt bull and bear markets.

Since it was first published in 1949, Graham's investment guide has sold over a million copies and has been praised by such luminaries as Warren E. Buffet as "the best book on investing ever written." These accolades are well deserved. In its new form--with commentary on each chapter and extensive footnotes prepared by senior Money editor, Jason Zweig--the classic is now updated in light of changes in investment vehicles and market activities since 1972. What remains is a better book. Graham's sage advice, analytical guides, and cautionary tales are still valid for the contemporary investor, and Zweig's commentaries demonstrate the relevance of Graham's principles in light of 1990s and early twenty-first century market trends. --Patrick O'Kelley





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Sunday, January 9, 2011

Review The New Atkins for a New You: The Ultimate Diet for Shedding Weight and Feeling

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