Tag Archive for Book

Book Review: “Get Rich Click!” by Marc Ostrofsky

With a name like “Get Rich Click! The Ultimate Guide to Making Money on the Internet” by Marc Ostrofsky is a giant collection of tips and advice on just about everything you could do to start making money online. It covers dozens of topics including:

• E-Commerce

• Understanding Search Engines

• Online Advertising

• Improving you Search Engine Optimization (SEO)

• Using affiliate marketing

• Owning marketable domain names

• Creating valuable content

• Taking advantage of social networks

• Setting up payment processing

• Marketing for mobile phones

• Using Internet videos

• Partnering with non-profits

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Book Reivew: “Stop Acting Rich: …And Start Living Like a Real Millionaire” by Dr. Thomas J. Stanley

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Think all rich people drink fancy wine and drive luxury cars? How about the inverse – that everyone who lives in an expensive home or wears a Swiss watch is a millionaire? You’d be very surprised to learn that most “true millionaires” are nothing like this.

In his latest book “Stop Acting Rich: …And Start Living Like a Real Millionaire”, Dr. Thomas Stanley further explores the subject of what makes a millionaire. Similar to his previous books “The Millionaire Next Door” and “The Millionaire Mind”, he uses data from thousands of surveys from real people on various aspects of spending and saving habits. The results are presented throughout this book to demonstrate the true identity of millionaire habits.

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Book Review: “Higher Returns from Safe Investments” by Marvin Appel

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This isn’t another book of “buy a bunch of stocks, hold them for 30 years, and hope for the best” type of investment advice. “Higher Returns from Safe Investments: Using Bonds, Stocks, and Options to Generate Lifetime Income” by Marvin Appel delivers an alternative perspective on the risks and returns from other types of investments; namely bonds. However, he doesn’t just stop there. The book also covers a broad range of other under-appreciated investments such as high-dividend stocks, preferred stocks, and covered call options.

I’ll be the first to admit: There is nothing sexy about reading a book about bonds. But after experiencing the evaporation of money during the Great Recession of 2008, I think a book with this sort of title deserves its due time.

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Book Review: “Aftershock: The Next Economy and America’s Future” by Robert B. Reich

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No, this isn’t a mistake. I didn’t just publish the same post twice. This summer, I read two separate books titled “Aftershock”. Each one was about our economy and fortunately they were both outstanding! For my review of the other “Aftershock” book by Wiedemer, Wiedemer, and Spitzer, click here.

“Aftershock” by Robert Reich was a liberal perspective towards understanding our economic mess, what it could turn into, and how we can solve it. The theme of this book is simple:

• Without change, the middle class will not be able to sustain our economy.

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Book Review: “Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown” by David Wiedemer, Robert A. Wiedemer and Cindy S. Spitzer

Wow. That’s all I can say about this book. Wow. If everything they predict in this book is coming true, we are all in TROUBLE!

Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown is a book about economic “bubbles”. In short, a bubble is when the price of something grows out of control beyond its true value. Eventually, the erratic price becomes unsustainable, and the bubble “pops” meaning that it rapidly drops in price. Bubbles are nothing new; they can be found all throughout history. Some examples of recent, prominent economic bubbles include the “dot.com” bubble and the “housing market” bubble which many of us are still suffering.

This was very exciting read. It was written in 2009, and some of the events of 2011 have leaned towards their otherwise haunting predictions. The authors vividly and thoroughly explain away the financial breakdown of the past decade, explain why our current recovery is basically artificial and a fake, and paint a very bleak picture of the world to come.

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Book Review: “The Little Book of Big Dividends” by Charles B. Carlson

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If you think that putting your money into bonds or CD’s is the only way to hedge against the roller-coaster ride of the stock market, think again! Author Charles Carlson demonstrates that an age old benefit of owning stocks called “dividends” can be used to create a stream of income and protect against market conditions.

Right now if you asking yourself “what is a dividend?”, then this is the right book for you. “The Little Book of Big Dividends” is a great introduction for anyone looking to get acquainted with dividends and how they relate to stocks. The material is easy to read and it is not overly equation-heavy (except for the Appendix) or preachy on risky investments. In fact, Carlson’s advice is very modest and follows the lines of most conventional teaching.

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