© and (P) Made For Success Inc.
This was really dreadful. The first hour or so was ok but then it just went down, down, down. Eleven hours of fluff, motivation speak. The title leads one to believer there is some real financial planning substance here. There isn't. Some of the stories were so ridiculous it was sad. Motivational speak from some very shallow people.
I was expecting a book loaded with tips and tricks on Investment techniques and Wealth Management options. I got a series of pep talks from speakers telling me how "You Can Do It."
Self improvement and motivation was not what I was looking for.
If you are looking for advice on investing, look elsewhere. If you are looking for hype and motivational speakers, look no further.
Would you pay for an informercial? That's all this 11 hour "audiobook" is all about. It doesn't give you any information on how to invest or how to manage wealth. All they talk about is in reference to their self help programs or books. So you are actually paying them for advertising their products, exclusively, to you.
The series of lecturers spent a lot of time stating the obvious in dramatic tones and missed providing the key hard facts that would make their advice workable. For instance, the lecture on Financial Freedom recommended hiring a stockbroker or financial adviser with no rules on how to find a competent and honest adviser. Many financial advisers and stock brokers take advantage of clients via putting them in high front end fee (5%+) mutual funds and other investments where they benefit without disclosing that to the client. The lecturer with the 21 principles for success had good principles but completely bypassed explaining the pitfalls in working for a corporation or having a bad boss. If you are not in the right job in the right company, following the principles may not help much.
Disappointment. The description and title promised more than the book delivered.
"Not what the title suggests!"
This has to be one of the most disappointing buys I've had recently. The book has little of nothing to do with wealth management or investing. It is basically 4 people trying to sell you more of there own books as there "isn't enough time" to go through everything. The worst part of this book is that on real estate. The advice is dangerous and based on no actual facts and figures! The author basically says buy anything you can as soon as you can and flip it. In the current marketplace there still are ways to make money from real estate but flipping isn't one of these ways.
Other authors are basically massaging the readers ego and telling them that they can do anything they want once they have belief, have a "dream team" and have drive. These are all very nice but certainly won't give you the basic knowledge you need to comfortably invest in anything. Everyone wants multiple sources of income, the book talks about it but gives no idea of how to obtain it. They repeat it over and over again... yet it rarely touches on bonds, common stocks, securities etc..
If you are looking for a book on real estate and want practical advice on how to approach the topic, look at " The Real book of Real estate" by Kiosaki for large scales land developments or "The millionaire Real Estate Investor" by Gary Keller for buying, renting and smaller scale developments. At least with this book it has a download with tables and charts to help you understand. If you want a book on investing look for the "intelligent Investor" by Graham to get you going.
Steer clear of this book unless you like listening to people talking about their own personal successes without actual insights to what happen. If you like pep talks however... you'll love it.
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