Review: Growing Your Personal Wealth
Rating: 5 out of 5
Date: 08 4, 2013
A few months ago, an "investment consultant" from my bank called and asked for a meeting to discuss financial planning. He emphasized that though he was paid by the bank his advice was in my best interests. Fifteen minutes into our meeting, it was apparent to me that I knew more about investing than he did, and that he wanted to keep his job by serving the BANK'S best interests.From the very beginning of the book, author Andrea Plos makes it clear that YOU have to take charge of your life and your money. One of his first wealth-accumulation discoveries was to learn ONLY from those who are already wealthy, not from those who only aspired to be wealthy.A self-made millionaire, Plos is now passing on the knowledge he accumulated over the span of 20 years.  He believes that anyone with the interest, and the will to learn about the rules of investing, can become a savvy investor no matter what stage in life they are in.  "Everyone has the power to take their finances into their own hands and gain greater control over their lives."Many people are afraid of the financial world and therefore simply never get started. "Sources of Wealth" walks you through everything you need to understand so that you have a foundation on which to build. From understanding the mindset of a millionaire to learning the basics of asset accumulation; from knowing the difference between speculation and investment to learning how to develop your own investment strategies, this book covers it all. There are sections on getting started, investing in bonds and stocks, investing in real estate and in starting your own business.I particularly like the chapters discussing the different types of investment strategies and the examples of how your strategies might change depending on your age and stage of life."Sources of Wealth" is a must for anyone who wants to take control of their finances and grow their personal wealth. It is up to YOU to take control of your financial well-being; take the first step and get this book!