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Title: Getting Rich In America : Eight Simple Rules for Bulding A Fortune--And A Satifsying Life by Dwight R. Lee, Richard Mckenzie, Conger Eric ISBN: 0-694-52159-0 Publisher: HarperAudio Pub. Date: 01 January, 1999 Format: Audio Cassette Volumes: 2 List Price(USD): $18.00 |
Average Customer Rating: 4.25 (20 reviews)
Rating: 5
Summary: Unique, effective approach showing how anyone can get rich.
Comment: Most get rich books for popular consumption are based on gimmicks and raise false hopes among the gullible. Lee & McKenzie are different. They show how anyone, even low-income people, can gradually build a fortune without luck and without expert advice. They show how getting rich in America is a choice that anyone can make. It takes discipline, resolve, perserverance, and patience. It doesn't require any financial expertise or knowledge of the stock market. Every young person should read this book and follow its simple rules. It gives the lie to the widespread belief that you have to be rich to make money. It will build confidence in the free-market system.
Rating: 1
Summary: Advice for the fearful!
Comment: This book was terrible, maybe the worst book I have read on investing. It was so basic I felt like I was in pre-school learning how to tie my shoes. It's a book for whimps who are full of fear and are too scared to do anything with their live's. There is even a section warning you not to use drugs. Come on..... Don't waste your money..........
Rating: 2
Summary: Time is money. Save both and pass on this one. Really!!
Comment: First let me say that I bought the audio tape and not the book. The tape is 3 hours in length so I assume it highlights the most important points of the book. (if there were any).
The book does cover 1 or 2 relavant topics like the importance of compounding interest and begining to invest at a young age. However, if you are like me, I was hoping for something a little "meatier." Oh, it does give you many examples of how X dollars over time will turn to millions. My tip if these type examples interest you: buy a calculator.
The other points covered in the book/tape I considered filler waste. For example the author explains that married people are more likely to get rich. He then goes into many statistics about those that are married. Also covered, Why divorce is not good and some tips on how to avoid it. His premice: Married people live longer. If you live longer you'll have more time to save and become rich.
I could go on with examples like the above mentioned but since time is money I'll save a little of both. My point however is this: If you're looking for REAL ways to increase your assets and you comprehend basic concepts like compound interest and time, this book will bore you with off-topic detail.
When I buy a book on this subject, I hope it will be one that has content that I can learn from and refer back to. This book however, is a once read and a waste of time and money.
My tip for getting rich in america is don't buy this book and save your money. Over time it will be much more valuable than the book. If you must own it though, email me and I'll sell you mine.
I hope this review saves someone the disappointment that I went through.
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Title: The Millionaire Next Door by Thomas J. Stanley, William D. Danko ISBN: 0671015206 Publisher: Pocket Pub. Date: 01 October, 1998 List Price(USD): $15.00 |
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Title: Ordinary People, Extraordinary Wealth: The 8 Secrets of How 5,000 Ordinary Americans Became Successful Investors--and How You Can Too by Ric Edelman ISBN: 0062736868 Publisher: HarperBusiness Pub. Date: 26 December, 2000 List Price(USD): $15.00 |
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Title: The New Rules of Money: 88 Simple Strategies for Financial Success Today by Ric Edelman ISBN: 0062720740 Publisher: HarperResource Pub. Date: 01 February, 1999 List Price(USD): $15.00 |
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Title: Discover the Wealth Within You : A Financial Plan For Creating a Rich and Fulfilling Life by Ric Edelman ISBN: 0060008334 Publisher: HarperBusiness Pub. Date: 01 April, 2003 List Price(USD): $15.95 |
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Title: What You Need to Do Now : An 8-Point Action Plan to Secure Your Financial Independence by Ric Edelman ISBN: 0060094044 Publisher: HarperBusiness Pub. Date: 01 April, 2003 List Price(USD): $9.95 |
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