Just Keep Buying: Proven ways to save money and build your wealth

I enjoyed this book. The author backs up most of his points in the book with data that he has collected through research. His information about retirement accounts is a different take than is provided by most other financial writers. Definitely worth a read.

I read this before recommending it to my daughter and future son-in-law. Lots of good financial advice and when accompanied by a couple other books would give you everything you need to know to live a financially secure life and retirement. This book is not geared for quantitative financial analysts as everything is written towards the average reader. Mr. Maggiulli can be as numerically sophisticated as necessary — check out his GitHub if you’re so inclined.

You know a book is impactful when it causes you to not only think differently but to make actual changes. This book provided me with information that caused me to think differently and then to act differently. I think this is the best thing one can hope for when writing a book. If you’re new to investing or don’t know where to start, then this book and Morgan Housel’s book “Psychology of Money” are game changers.

I have read over a hundred personal finance books in the past five years. (Thank God for libraries.) Just Keep Buying by Nick Maggiulli is the best book yet. This book replaces I Will Teach You to Be Rich on my list. Nick is a much humbler narrator, who invites you to learn from his minor mistakes. He also argues against the hyper-rationality and Uber-frugality demanded by so many of the other personal finance gurus. Maggiulli successfully combines the mathematics of pro-index tomes, such as A Wealth of Common Sense by Ben Carlson, with the behavioral economics, exemplified by books like The Psychology of Money by Morgan Housel. At the end of Keep Buying, Maggiulli lays out the rules of the financial game we are all playing: 1. Saving is for the Poor, Investing is for the Rich 2. Save What You Can 3. Focus on Income, Not Spending 4. Use The 2x Rule to Eliminate Spending Guilt 5. Save at Least 50% of Your Future Raises and Bonuses 6. Debt Isn’t Good or Bad, It Depends on How You Use It 7. Only Buy a Home When the Time Is Right 8. When Saving for a Big Purchase, Use Cash 9. Retirement is About More Than Money 10. Invest to Replace Your Waning Human Capital with Financial Capital 11. Think Like an Owner and Buy Income-Producing Assets 12. Don’t Buy Individual Stocks 13. Buy Quickly, Sell Slowly 14. Invest As Often As You Can 15. Investing Isn’t About the Cards You Are Dealt, but How You Play Your Hand 16. Don’t Fear Volatility When It Inevitably Comes 17. Market Crashes Are (Usually) Buying Opportunities 18. Fund the Life You Need Before You Risk it for the Life You Want 19. Don’t Max Out Your 401(k) Without Considerable Thought 20. You’ll Never Feel Rich and That’s Okay 21. Time is Your Most Important Asset

Nick has a gift for cutting through the noise. Every sentence in this book packs a punch. There's no fluff, no fuss, no fanfare. Just actionable financial advice backed by research studies and the numbers, sometimes with data going back over 100 years. This is a must read. (And even more impressively… a fun read!) Something from the intro that rung true as I was reading this book: it’s designed to 1) provide value for wherever you are in your financial journey, and 2) not waste your time. As someone who’s comfortably in the investing stage, I assumed that I’d get the most value out of the later chapters and might even skip the first few, but I honestly found that each chapter provided me with a new lens (and practical tools/formulas/philosophies!) for how to see my money and what to do with it. Both right now and later on. Honestly, I wish I had this book when I was in college. It would've been a game changer. It’s an impressive feat to write financial advice that can resonate with anyone. Nick has accomplished that with this book. He’s among the best thought leaders in finance and I never miss his weekly blog, Of Dollars and Data. I’ll be first in line to buy whatever he writes next.

I was looking for investment strategies more than life lessons but the lessons were good. Lots of wisdom and counterintuitive thought.

Nick has done an excellent job of highlighting practical financial wisdom. I would advise everyone who earns a paycheck to consider his advice.

This book was a very interesting read. I enjoy books about investing and finance in general, and this book was recommended to me. What I liked about it was the author backs up different claims and ideas with real data and numbers. One example is whether it's better to invest one large lump sum versus dollar-cost-averaging. The author claims it's historically better to invest one large lump sum and gives multiple examples throughout history to back these claims up. He proves that those who invest one lump sum make on average 4% higher gains 68% of the time than those who dollar-cost-average. I found this very helpful as I've often wondered which approach to take. This is just one example of many that I found helpful. He writes about saving for a savings account, about investing in real-estate and the pluses and minuses, as well as many other financial topics. Overall, I highly recommend this book and I'm going to continue to recommend it to anyone I know that's interested in stocks, investing and finance in general.

The book is quite complete, and there's a huge amount of references to support the information provided - and not only the old, standard references we all hear and read in most books on finance, but also plenty of references from as close as to the last couple of years. I don't agree 100% with the author (he doesn't think stock-picking is a good idea, but I believe that it really depends on each person and can be a good idea). A great read, that anyone thinking of saving or investing should take a look at.

Changes the way you think about money and investing. Super practical. Helped me build my financial strategy for the coming years.

Very useful!

Very well written and interesting book for those starting off in investing, or even for those who have been doing it for a while. Some great anecdotal evidence and statistical data to back up the text in the book. I would highly recommend reading this great book

This book clearly stands out from the other personal finance books by one great strength - Data visualization. Maggiulli, a wealth management data scientist, beautifully represented his thoughts in the consumable pattern. His charts and graphs help you to retain the information decently but, (there's always a but) it is not easy to retain the maximum of the information if you've bought a single stock in your life. This book needs some good exposure in asset classes like stocks and bonds, the bare minimum. Also, this book mostly talks about the investment strategy based out of the U.S. stock market and a plethora of historical data ranging from the great depression to the COVID-19 pandemic. I must say, that I admire the research Maggiulli put into this book to make it readable. The book has been separated into 2 parts. Saving and Investing. I was able to relate to the Saving part of the book a lot more than the Investing part. This is mostly because I'm not an American and I totally got disconnected in the taxes chapter of the book where he talks about Roth and 401(k). I must say however, that's a little portion when compared to the entire book. I really felt great when Maggiulli, declares that Time is the most valuable asset than anything in this world. In his own words, "You can always earn more money, but nothing can buy you more time." The book needs re-read if you want to get hold of the investment part of it. That's a non-negotiable part of this book I would say. But give it a read, and see what you can do with it.