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Book Review and Giveaway: Fast Profits in Hard Times

FSB Associates contacted and provided me with a free copy of the new book "Fast Profits in Hard Times – 10 Secret Strategies to Make You Rich in an Up or Down Economy" by Jordan E. Goodman for review. 

This hardcover book, as the title suggests, goes into various investment strategies for the more aggressive investor.  All of the strategies vary in risk.  Some of the strategies, like FOREX trading, are on the extreme side of risk.

If you are interested in winning a free copy of this book, scroll down to the bottom of this post. 

Who is Jordan E. Goodman?

According to their publisher,

Jordan E. Goodman is a former Money magazine journalist and the author of several bestselling books, including Everyone's Money Book, The Dictionary of Finance and Investment Terms, and Master Your Money Type. He provides financial advice to millions of people each month through regular appearances on radio call-in and TV shows and through his seminars to corporate, association, and university audiences. He has been a regular contributor to NBC News at Sunrise, The Marketplace Morning Report on Public Radio, and many other shows. He hosts a popular financial resources Web site, www.moneyanswers.com, and is the host of The Money Answers Show on the VoiceAmerica Radio Network at www.voiceamerica.com. You can find out more about this book at www.fastprofitsinhardtimes.com.

What are the main points made by the book?

Discover how to profit from:

  • Tax liens and deeds
  • Buying real estate below market value
  • Income trusts and master limited partnerships
  • High-yielding stocks
  • Dividend reinvestment plans
  • Options trading
  • Unusual bond strategies
  • Foreign exchange trading
  • Passive income strategies
  • Brokering cash flow opportunities

What I liked?

  • For those readers who have been following for a while, you know that I enjoy reading/writing about new money making ideas.  This book does just that, it provides 10 ways to make extra income, some of which are fairly new ideas to me.
  • I liked how the author interviewed and obtained information from experts in their field.  Also, at the end of each strategy, the author lists recommended books for further reading on the topic.
  • Each of the strategies contain a certain amount of risk.  I appreciated that the author pointed out the least riskiest path of each strategy.

What I didn’t like?

  • Although the book has some good ideas, the ideas were not explained in enough detail to actually go out on your own and implement them.  Much more research is required on the cash flow methods mentioned. 

Final Thoughts:

  • This book is well written and provides many ideas for making extra cash flow.  Word of warning for my Canadian readers though, a lot of the content is geared towards our American friends. 

Book Giveaway!  

Would you like to win a free copy?  Simply leave a comment in this post indicating your favorite food and I'll pick a winner at random.  Deadline for entries is 5pm EST Thursday March 13, 2008.  Please, only one comment entry per person.

Update:  Contest entries are closed. 

Find out how you can save an additional 4% on this book from Chapters. 

If you would like to read more articles like this, you can sign up for my free weekly money tips newsletter below (we will never spam you).

101 Comments

  1. Al x on March 11, 2008 at 9:09 am

    Pizza!!!!



  2. Mike on March 11, 2008 at 9:58 am

    Steak!



  3. Harry G on March 11, 2008 at 9:59 am

    Pad Thai



  4. Goga on March 11, 2008 at 10:02 am

    Bean soup.



  5. Linds on March 11, 2008 at 10:04 am

    Guacamole!



  6. jdp on March 11, 2008 at 10:11 am

    looooooove Sushi



  7. MunEconomist on March 11, 2008 at 10:31 am

    Onion Bjhia
    Naan Bread
    Basmati Rice
    spicy Dal
    tandori chicken
    Bengali Vegetable

    Best meal. Food group indian.



  8. Jeff on March 11, 2008 at 10:34 am

    French fries



  9. Charles on March 11, 2008 at 10:42 am

    Green Onion Pancake



  10. Chris on March 11, 2008 at 11:06 am

    pizza



  11. Irene on March 11, 2008 at 11:06 am

    mushroom



  12. Andrew on March 11, 2008 at 11:19 am

    Ice cream



  13. Daniel on March 11, 2008 at 11:26 am

    Butter chicken



  14. […] – Million Dollar Journey is giving away the book Fast Profits in Hard Times […]



  15. Jeff S on March 11, 2008 at 11:29 am

    bacon



  16. Alex on March 11, 2008 at 11:35 am

    Foie gras!



  17. newinvestor on March 11, 2008 at 12:01 pm

    caribou



  18. djg on March 11, 2008 at 12:09 pm

    beef ribeye!!!



  19. Nate on March 11, 2008 at 12:10 pm

    Sushi!

    Eye of round steak!

    and of course… frozen peanut butter pie…



  20. Mike Gillard on March 11, 2008 at 12:23 pm

    BBQ’d Rib Eye Steak, rare.

    Trust me, once you’ve had Rib Eye, there’s no going back.



  21. Ramona on March 11, 2008 at 12:39 pm

    Pasta, pasta, pasta!



  22. Dan on March 11, 2008 at 12:43 pm

    Hmmmm, So many possibilities…but gotta go with Pizza!

    I may have second thoughts later :p



  23. Sarlock on March 11, 2008 at 12:47 pm

    Spaghetti!



  24. James on March 11, 2008 at 12:47 pm

    broccoli



  25. Big Ryan on March 11, 2008 at 12:49 pm

    Sushi!



  26. Brad T on March 11, 2008 at 12:52 pm

    Cold, hard, ca….
    |
    |
    |
    ..rrots.



  27. Carolyn on March 11, 2008 at 1:07 pm

    chocolate



  28. […] Read the rest of this great post here […]



  29. 45free on March 11, 2008 at 1:21 pm

    Probably highlighting exactly why I am not yet retired…venison carpaccio with a reduced balsamic and raw sea salt



  30. Frank Conradie on March 11, 2008 at 1:36 pm

    “Potjie” – a South African slow cooking method in a 3-legged cast iron pot.



  31. Jeff Renaud on March 11, 2008 at 1:39 pm

    You guys forgot POUTINE !!!



  32. JN on March 11, 2008 at 1:55 pm

    papad



  33. Jason R. on March 11, 2008 at 1:56 pm

    Indian lamb, mutton or goat curry of just about any variety!



  34. Marianne O. on March 11, 2008 at 1:56 pm

    Mmmm, roesti… the Swedish answer to latkes

    http://en.wikipedia.org/wiki/R%C3%B6sti



  35. Marianne O. on March 11, 2008 at 2:15 pm

    Oops I meant swiss…



  36. Scott M on March 11, 2008 at 2:32 pm

    Ribs!



  37. Damir on March 11, 2008 at 2:38 pm

    Metamucil



  38. FearLES on March 11, 2008 at 2:39 pm

    cheese and chocolate (though not together)



  39. Miso on March 11, 2008 at 2:45 pm

    Miso noodles…



  40. Looking for Fast Profits on March 11, 2008 at 2:54 pm

    Meat lovers pizza!



  41. AD on March 11, 2008 at 3:04 pm

    Seafood.
    Any type of crustacean, langoustine or fish.



  42. Yuriy on March 11, 2008 at 3:23 pm

    Borsch!



  43. VG on March 11, 2008 at 3:57 pm

    TacoBell Chalupa.



  44. Senk on March 11, 2008 at 5:29 pm

    Pizza



  45. Shoaib on March 11, 2008 at 5:35 pm

    Chicken Tandoori



  46. lencurrie on March 11, 2008 at 5:39 pm

    Spaghetti & Meatballs.. but only my mothers! ;-)



  47. Jared on March 11, 2008 at 5:43 pm

    Pizza..

    Which was the best section of the book?



  48. Dividendgrowth on March 11, 2008 at 6:07 pm

    My favorite food is chicken casserole with potatoes.



  49. StillLearning on March 11, 2008 at 6:26 pm

    Beaver Tails… on the canal in Ottawa with lots of cinnamon.



  50. Jesus on March 11, 2008 at 6:55 pm

    BBQ ribs



  51. dj on March 11, 2008 at 6:58 pm

    Milk chocolate



  52. Sarah Galbraith on March 11, 2008 at 8:19 pm

    protein shakes….hahah Just kidding. I love me a chicken chimichanga!! Mexican food is definitely my favorite! Oh, and chocolate!!



  53. Noah on March 11, 2008 at 8:25 pm

    It used to be pizza, but now it’s perfectly prepared steel-cut oatmeal.

    My favorite food is boring :(



  54. TL on March 11, 2008 at 8:31 pm

    I love pizza!!!!



  55. Kris on March 11, 2008 at 9:02 pm

    pizza!



  56. dale on March 11, 2008 at 9:26 pm

    I like crawfish, potatos, and corn.



  57. telefantastik on March 11, 2008 at 9:31 pm

    big mac



  58. chuck on March 11, 2008 at 9:45 pm

    Carne Asada Burrito



  59. Andrea on March 11, 2008 at 10:40 pm

    Fettucini Alfredo



  60. Deanna on March 11, 2008 at 10:40 pm

    Chocolate!



  61. Susan on March 11, 2008 at 11:08 pm

    Chocolate!



  62. Joe on March 12, 2008 at 12:06 am

    Thin Spaghetti – The Besttt!



  63. Brenna on March 12, 2008 at 12:16 am

    Noodles



  64. Jeff on March 12, 2008 at 12:33 am

    Butter Chicken! :-)



  65. Agent389 on March 12, 2008 at 12:56 am

    Chilli Cheese Burger



  66. Deb on March 12, 2008 at 1:07 am

    tacos



  67. USN ElCid on March 12, 2008 at 1:40 am

    Pork Fried Rice



  68. Ramis on March 12, 2008 at 3:20 am

    pizza



  69. augustabound on March 12, 2008 at 7:23 am

    Gotta go with pizza.



  70. Daniel on March 12, 2008 at 8:07 am

    Chinese food!



  71. Mark on March 12, 2008 at 8:45 am

    Fish Fingers



  72. AndrewP on March 12, 2008 at 9:36 am

    PIZZA!



  73. clalc on March 12, 2008 at 10:02 am

    mussels



  74. FFBlog on March 12, 2008 at 10:47 am

    The Keg’s Surf & Turf (Steak and Lobster Tail Dinner)



  75. Sonia on March 12, 2008 at 11:10 am

    Ceviche – love the fresh, light and pure flavours. And living on the edge of eating seafood ‘cooked’ by lime juice. Mmmmm, another reason, other than Machu Pichu, to go to Peru.



  76. Elizabeth on March 12, 2008 at 11:57 am

    SUSHI!!!!!!!!!!!!!!!!!!!!!!



  77. Mofiq on March 12, 2008 at 12:52 pm

    Mutton Biryani



  78. Danny C on March 12, 2008 at 2:19 pm

    A nice peice of Filet Mignon, marinated with olive oil, bit of soy sauce, and a lil balsamic vinegar.
    Then grilled Med. Rare.



  79. HeatherP on March 12, 2008 at 4:01 pm

    Lasagne. Thanks for the review!



  80. Robby Colvin on March 12, 2008 at 4:01 pm

    Any food from Argentina–absolutely delicious!!



  81. Candi on March 12, 2008 at 4:35 pm

    Definitely Pizza!



  82. Ryan on March 12, 2008 at 5:09 pm

    Sushi all the way!



  83. Jeff on March 12, 2008 at 6:29 pm

    Lobster!



  84. Alison on March 12, 2008 at 8:24 pm

    Chocolate covered strawberries.



  85. telly on March 12, 2008 at 9:46 pm

    Cookies & Cream ice cream!



  86. Elliott Russell on March 12, 2008 at 9:50 pm

    Jerky! (any kind)



  87. LYu on March 12, 2008 at 9:52 pm

    Albacore tuna!!



  88. tom on March 12, 2008 at 10:03 pm

    Pasta.



  89. Karina on March 12, 2008 at 10:05 pm

    Cheesecake.



  90. finman on March 12, 2008 at 10:10 pm

    Chicken wings and beer.



  91. Kevin on March 12, 2008 at 10:18 pm

    Ice Cream!



  92. neil on March 12, 2008 at 10:19 pm

    pho (vietnamese beef noodle soup)



  93. Pascal on March 12, 2008 at 10:47 pm

    gnocchi with gorgonzola sauce!!!



  94. Brandon on March 12, 2008 at 11:33 pm

    liver with a hint of broccoli.



  95. Ron M on March 13, 2008 at 4:00 am

    I want the book!



  96. Brian on March 13, 2008 at 10:00 am

    Pad Thai



  97. GH on March 13, 2008 at 10:51 am

    Gotta go with shrimp quesadillas!



  98. CMR on March 13, 2008 at 11:16 am

    I HOPE I WIN THE BOOK



  99. Middle Class Millionaire on March 13, 2008 at 12:01 pm

    Wings. With extra wing sauce on the side.



  100. Wendy on March 13, 2008 at 12:25 pm

    Cheese! Any kind any time any how!



  101. Adam on March 13, 2008 at 1:33 pm

    Some nice Chicken Curry



  102. AppleTree on March 13, 2008 at 2:42 pm

    Cheese…Good cheese with good bread.



  103. Cheri on March 13, 2008 at 5:13 pm

    I’m always looking for new ideas beyond “The Richest Man in Babylon” type books – thanks for the review. Did you have any good ideas on where to follow up for more information on the ideas presented?



  104. […] amAdd comment Permalink Before I start the link fest, I'd like to announce the winner of "Fast Profits in Hard Times". Out of the 103 comment entries (all of which made me hungry), Lyu was randomly chosen as the […]



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