Review: Informative
Rating: 5 out of 5
Date: 04 22, 2014
A great outline for anyone interested in pursuing financial freedom via investments.Some of the information is dated, such as finding a 5% interest rate savings account in the United States (nowadays banks offer less than 1/5 of that rate - you have to look overseas for rates of 5% or more now which can be risky) and CD (certificate deposit) rates are also not worth a serious look unless you're willing to put $500 on ice (you will be charged a fee with you withdraw early) just to make $5 after a full year.Some of the strategies mentioned are also not "passive", such as network marketing. There's also theorycrafting but not too many specifics. This book is a great outline for several investment and money-making strategies though. If you are looking for a general direction, or are a beginner with investing and have some cash lying around, then pick this up. It's where to start. It tells you the mentality you will need to move from a hopeless consumer to a smart investor.