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Reviewed by William See for Readers' Favorite
Stocks, Bonds, and Taxes: A Comprehensive Handbook and Investment Guide for Everybody by Phillip Bruce Chute describes itself as a comprehensive handbook and investment guide for everybody. It is precisely that – comprehensive. The handbook style makes it an enjoyable casual read and an updated reference point. It will serve as a handy source of information for anyone as it addresses every conceivable topic in investing. A standout difference between this text and others in the genre is its discussion of tax considerations applicable to each asset type. The end of each chapter includes a section on planning tips, taxes, legal compliance, and an anecdotal vignette called “horror story.” Tax and legal information elude most economic texts, but this book addresses it with bravado.
Chute uses simple language to shed light on all aspects of investing in assets. No single topic is particularly belabored, nor is any topic left out. He provides concise information and up-to-date legal and tax rules. The text is clear and the layout is manageable, with keywords in bold type. Many tables and bulleted lists elucidate the pros and cons as well as specific tax rules and tax brackets. Helpful information regarding legal compliance for trading different assets adds to the value of this text. The author includes suggestions for successful strategies in each section. This resource for investment information is up to date and provides wisdom to anyone who may read it. Stocks, Bonds, and Taxes by Phillip Bruce Chute is an asset to every taxpaying investor’s book collection. It is an excellent source of enlightenment on investment concepts, rules, and regulations.