Main lesson of the book: It is better to hold a diverse set of Index funds than it is to buy individual stocks. I have the pleasure of reading the 12th edition of this book as it seems that the book is periodically updated to reflect the most recent developments in the market. That alone…
Main lesson of the book: Know where you stand in the world of finance and how to move into a better position. This entire book is based on the following concept: This very simple concept encompasses the possible positions one can hold in life with regards to how they make their money. Cashflow Quadrant takes…
Main lesson of the book: Power is game, and you can either play to win or choose to be powerless. Now here is a book that seems to be in direct opposition of the methods and ideologies laid out in financial books. This book without a doubt ruined whatever innocence my inner child had stashed…
Main lesson of the book: Work hard, be sincere in your actions and plan your finances according to the 7/2/1 rule of budgeting. So far this book is without a doubt my favorite financial book. The reason why this book just jumped to the top of the list is because it mixes my two passions:…
Main lesson of the book: Events outside of our imagination can and will happen. This book is a lot more philosophical than the other books I’ve read so far. And within that lies its value. This book tackles the need for humans to simplify and quantify the world around them. There is a false believe…
Main lesson of the book: Man can form things in his thought, and by impressing his thought upon formless substance can cause the thing he thinks about to be created. This was nothing if not an interesting read. I loved the fact that this book equated the process of getting rich to something as fact…
Main Lesson of the book: Understanding how to invest and what to look for This was without a doubt the perfect follow up to Rich Dad Poor Dad as it goes into depth on how you can improve your financial IQ. At this point I am actually a few book in on how to improve…
Main lesson of the book: How to control situations by understanding self and the opposition This book is famous for several reasons and each one of them is valid as long as you use the proper perspective. Now I am making the assumption that none of us will actually use the tactics as they are…
Main lesson of the book: How to escape the rat race There are a few books out here in this world that can complete change your point of view. Rich Dad Poor Dad is one of them. I am sure that most of us have been embedded with the concept of “Go to school, Get…
Main lesson of the book: Find your path to connect with infinite intelligence. Napoleon spend over 25 years to complete this book. He mentions it in several chapters as to make sure that the reader is aware of the extensive amount of research and dedication that went into the book. And after finishing it, I…