Do you think you need 30 years of saving to make your retirement happen? Do you think you need to make a lot of money? Or know what the best stocks are to invest in each year? Of course not! I’m a huge fan of early retirement stories of the everyday-man; stories that prove that good-ole fashioned saving, simple investing, and living within your means CAN and WILL provide you with not just the means to enjoy a healthy retirement, but (when used correctly) the opportunity to retire 20 years ahead of the typical schedule! One incredible example of this has been captured in the outstanding ebook “How to Retire Early” by Robert and Robin Charlton. The book tells the tale of exactly how the two of them were able to retire after … [Read more...] about How This Couple Was Able to Retire Early After Just 15 Years of Saving
Money Books
“The 3% Signal” by Jason Kelly – A Book Review
It’s not very often anymore that I go inside a book store and see a physical copy of a book that catches my attention. But when you publish a book that suggests a strategy that will beat an index fund, you’ve certainly caught my attention! That was the appeal behind the latest book I’ve been reading called “The 3% Signal” by Jason Kelly. In case you’re not familiar with this author, Jason Kelly is a very well-known financial writer who created the “Neatest Little Guide to …” series on investing. “The Neatest Little Guide to Stock Market Investing” was one of the first personal finance books I ever read, and to this day I still hold it in high regard whenever anyone asks for a good-book recommendation. In this latest release, The … [Read more...] about “The 3% Signal” by Jason Kelly – A Book Review
Tax Saving Strategies and Outsmarting the System – A Book Review
One of the principles I preach here on My Money Design about building your wealth is to find smart ways to KEEP more of what you earn. And in no other way can you accomplish this more than by using the right tax saving strategies to help avoid paying more than you have to. I say that because taxes are something that eats into your finances no matter how low or high your income is. In fact the more money you make, the worse your tax bill becomes because it scales upward with your earnings to the point where it could potentially be one of the largest expenses you have. But with the right tax planning strategies it doesn’t have to be this way. There are many ways to lower your tax bill that you probably either don’t use or simply … [Read more...] about Tax Saving Strategies and Outsmarting the System – A Book Review
How to Find Good Cheap Stocks to Invest In – A Book Review
I think all of us at one time or another imagine ourselves doing it – buying that one stock that doubles or even grows by ten times its own share price. Even though we know the right thing to do is to follow conventional advice and only investing in large, high-quality companies, what if we’re missing out? What if there truly are some good cheap stocks to invest in where you could quickly multiple your money within a year? That might sound crazy, but you have to remember: All large companies were just small stocks at one time or another. At some point they experienced a period of explosive growth, and someone became rich as a result! Why can’t that someone be you? This subject is exactly the premise of a book I recently finished … [Read more...] about How to Find Good Cheap Stocks to Invest In – A Book Review
Book Review: The Smartest Retirement Book You’ll Ever Read by Daniel R. Solin
Sometimes when it comes to financial advice, you don’t want a lot of fluff. You just want someone to tell you like it is – straight and to the point. Not a whole bunch of “maybe this, maybe that”. That aspect is what I loved about the Smartest Retirement Book You’ll Ever Read by Daniel R. Solin - definitive and conscience advice! So far I’ve already written two separate posts highlighting pieces of advice in this book. But there’s actually a lot more to it. Solin has JAMMED PACKED this book full of useful knowledge. The information it contains could be appreciated by both newbies as well as intermediate/advanced investors. Here’s some of the more important tidbits you can take away from The Smartest Retirement Book: … [Read more...] about Book Review: The Smartest Retirement Book You’ll Ever Read by Daniel R. Solin
Book Review: Rich Dad Poor Dad by Robert Kiyosaki
Without a doubt, Rich Dad Poor Dad has become one of the most controversial personal finance books of modern times. Some people have praised it as the revolutionary how-to guide for creating ultimate riches through passive income. Others despised what they read because Kiyosaki challenged the conventional system for how people make a living and live their lives. When was the last time you were told that going to college and becoming an employee for someone else for the next 30 years is a terrible plan? Or that the only reasons you became an employee in the first place was out of your own fear and greed of money? Or that your house is NOT one of your greatest assets? Rich Dad Poor Dad is NOT a book that will explain to you what a 401k … [Read more...] about Book Review: Rich Dad Poor Dad by Robert Kiyosaki
Book Review: “Dividends Still Don’t Lie” by Kelley Wright
If non-fiction books had sequels, this would be one of them. Over almost 20 years after the release of the original classic "Dividends Don't Lie" by Geraldine Weiss, author Kelley Wright breathes life into the subject once again with his version "Dividends Still Don't Lie: The Truth About Investing in Blue Chip Stocks and Winning in the Stock Market". The main theme of the book is that a stock’s dividend yield is the best indicator of its value and ultimately the right time to buy. Building upon “The Dividend-Yield Theory” presented in the first book, Kelley reviews and updates this theory using new and recent data. The book then goes on to explain how this theory can be applied by individual investors. … [Read more...] about Book Review: “Dividends Still Don’t Lie” by Kelley Wright
Book Review: “The Millionaire Messenger” by Brendon Burchard
Could my “message” really be worth a million dollars? That may sound cheesy, but that was the hook that grabbed my attention as I singled this title out amongst the many recent publications of finance books on Amazon. There are a million books that encourage you to save as much money as you can in your 401k and IRA. However, as a student of passive income, I wanted to read about something different from conventional advice. Along the same theme of how the book “ProBlogger” entices you to become a six-figure blogger, I figured why not see if this guy can help me step it up to a million? What Is This Book About? As you would expect, “The Millionaire Messenger: Make a Difference and a Fortune Sharing Your Advice” is precisely about what … [Read more...] about Book Review: “The Millionaire Messenger” by Brendon Burchard
