The Money/Finance Shelf

Don't Feed the Clowns
Dale Wannen
Precocity Press
9798987350188, $7.95 Kindle

https://www.amazon.com/Dont-Feed-Clowns-Sustainable-Investing-ebook/dp/B0BX= FQWKHM

Don't Feed the Clowns: Sustainable Investing for Everyday Life holds an imp= ortant message: if sustainable living is an individual's ultimate ideal, on=
e can't then choose investment vehicles that include companies unsupportive=
of this effort.

Sustainable living choices do not always neatly translate into sustainable = investing approaches, however - and that's where money manager Dale Wannen = comes in. His book covers all the possibilities and pitfalls of tailoring o= ne's investments to match one's ideals. It opens with a key insight: "...ev= ery penny you invest in a 401k, 403b, IRA, etc., is literally changing the = way the world works. Yes, you are that special. Think about it. That decisi=
on you made by checking some boxes because "Big Daddy Large Cap Dividend Su= cker Growth Fund" sounded appealing after you chatted with Kathy from HR. Y=
ou know Kathy. She drives that fancy Infinity GHBG720. Kathy too is changin=
g the world."

Wannen also points out the ongoing disparity between envisioning sustainabi= lity and actually living it: "People are walking around like zombies. But t= heir 401k balances are way up. This is the path we have been on for decades= .." Linking individual decision-making to sustainable accountability, Wannen=
refuses to let the individual reader off the hook of responsibility for hi= gher-level decision-making in the economic world. This is an important less= on, indeed.

Some of his advice is basic Investing 101, such as setting up a sound asset=
allocation unique to a risk profile. The meat of his approach lies in advi=
ce that takes the time and additional steps that led more solidly into sust= ainable thinking and action. Yes, investors as a whole are already adopting=
this mindset. What differentiates Don't Feed the Clowns from most other su= rveys of sustainability is Wannen's attention to drawing further connection=
s between money management and investor influences and impact on business b= ehaviors and choices. Whether investors are interested in IRAs, mutual fund=
s, or active investing (which involves a more hands-on approach), Wannen li= nks typical financial vehicles, choices, and investments to bigger-picture = thinking about impact, responsibility, and sustainable ideals.

As a result, Don't Feed the Clowns is very highly recommended for readers s= eeking to live more sustainable lifestyles, investors looking to move their=
choices into financial vehicles which better support the world's health an=
d diversity, and libraries that would add a more lively discussion of inves= ting that incorporates social and conscious ideals into their business book=
collections. Book clubs (either reader groups or those addressing sustaina= ble living choices) will find plenty of information for not just solid inve= stment approaches, but discussions about the intersection of investment obj= ectives and sustainable ideals.

EDITOR'S NOTE:

The Midwest Book Review is an organization of volunteers committed to promo= ting literacy, library usage, and small press publishing. We accept no fund=
s from authors or publishers. Full permission is given to post any of these=
reviews on thematically appropriate websites, newsgroups, listserves, inte= rnet discussion groups, organizational newsletters, or to interested indivi= duals. Please give the Midwest Book Review a credit line when doing so.

The Midwest Book Review publishes the monthly book review magazines "Califo= rnia Bookwatch", "Internet Bookwatch", "Children's Bookwatch", "MBR Bookwat= ch", "Reviewer's Bookwatch", and "Small Press Bookwatch". All are available=
for free on the Midwest Book Review website at www (dot) midwestbookreview=
(dot) com

Anyone wanting to submit books for review consideration can send them to:

James A. Cox, Editor-in-Chief
Midwest Book Review
278 Orchard Drive
Oregon, WI 53575-1129

To submit reviews of any fiction or non-fiction books, email them to Frugal= muse (at) aol (dot) com (Be sure to include the book title, author, publish= er, publisher address, publisher website/phone number, 13-digit ISBN number=
, and list price).

James A. Cox, Editor-in-Chief
Midwest Book Review

--- MBSE BBS v1.0.8 (Linux-x86_64)
* Origin: ---:- FTN<->UseNet Gate -:--- (3:633/280.2@fidonet)