Tag: 5 takeaways
5 Takeaways from “The Myth of Making It”
“The Myth of Making It” by Samthi Mukhopadhyay is a hands-on account of what it takes to make it in corporate America. I was drawn to the book because I spent 24 years in the Marine Corps trying to “make it.” Becoming successful in America is challenging for everyone, especially if you become a manager…
5 Takeaways from “Work, Retire, Repeat”
“Work, Retire, Repeat” by Teresa Ghilarducci discusses the problems facing older people in the workforce and during retirement. From the outside, working into your 70s or 80s may sound like good financial advice, but it usually does not play out that way. Mrs. Ghilarducci presents an argument that defies the current “work longer” model that…
5 Takeaways from “How to Day Trade for a Living”
“How to Day Trade for a Living” by Andrew Aziz is a powerful look into the world of day trading. Although I do not aim to become a day trader, I can transfer many essential skills to my love of options trading. Day trading is a brutal profession that can destroy most people who try…
5 Takeaways from “My Money My Way”
“My Money My Way” by Kumiko Love is a step-by-step guide on how to turn your financial (and emotional) life around. This book does a beautiful job of talking about the psychology of money. Changing money habits without understanding why we developed them is almost impossible. Money is only a tool we use to achieve…
5 Takeaways from “Rich Dad Poor Dad for Teens”
“Rich Dad Poor Dad for Teens” by Robert Kiyosaki is more of the same Kiyoaski goodness, but this time focused on a younger generation. Robert Kiyosaki is my favorite author by a long shot, and you don’t have to twist my arm to read more of his books. This book further expands on the lessons…
5 Takeaways from “Rich Kid Smart Kid”
“Rich Kid Smart Kid” by Robert Kiyosaki is a masterclass on how parents can raise financially literate kids who can thrive in the information age. It’s no secret that Robert Kiyosaki is my favorite author, so it was my destiny to love this book from the start. It also happens that my kids are presently…
5 Takeaways from “Smart Money Smart Kids”
“Smart Money Smart Kids” by Dave Ramsey and Rachel Cruze is a masterclass in raising smart money kids. My boys are 17 and 12, so this book is what I need to help my family learn good money habits at this crucial age. Raising money-smart kids isn’t about perfection from parents or children. It is…
5 Takeaways from “The Multi-Family Millionaire, Volume II”
“The Multi-Family Millionaire, Volume II,” by Brandon Turner and Brian Murray, takes a deeper dive into finding, evaluating, underwriting, and funding multifamily properties. You may not be interested in buying a multifamily property right now, but this book is still a must-read. This book gives you the inside scoop on how to purchase multi-family property…
Don’t Gamble with Retirement 11
There couldn’t be a better time to release Don’t Gamble with Retirement 11. I will retire from the Marine Corps in 10 days after 24 years of service. I will not work another job, instead relying on the principles of passive income to increase my revenue every year. But, I didn’t always understand passive income…
5 Takeaways from “Gen F’d”
“Gen F’d: How Young Australians Can Reclaim Their Futures” by Alison Pennington looks at how Generation Z and younger Millennials can regain control of their lives. I’ll admit that the author and I share different economic views; I consider myself a capitalist. However, I did work for the government for 24 years and had a…
5 Takeaways from “Debt: The First 5,000 Years”
“Debt: The First 5,000 Years” by David Graeber is a generational must-read book for anyone serious about learning the truth about money. This book has changed my view on debt, relationships, money, monetary policy, wars, and capitalism. It is a massive book, clocking in at over 700 pages. However, it is worth the read. It…
5 Takeaways from “Credit Spread Options for Beginners”
“Credit Spread Options for Beginners” by Freeman Publications simplifies the complex world of options trading. In particular, it covers Net Credit Spread options that are more advanced than selling covered calls and cash-secured puts. Selling covered calls and cash-secured puts requires a level-one options account from your brokerage. I acquired a level-one account and traded…
5 Takeaways from “Living on Almost Nothing”
“Living on Almost Nothing” by Amber Storck is a book about living “beyond” what you would consider frugal. However, her advice is necessary in today’s economy and world climate. The author starts by giving us her work history and how she bought a home in Arizona in cash. Next, she details how she saves money…
5 Takeaways from “Scale”
“Scale: A Successful Agent’s Guide to Leveling Up a Real Estate Business” by David Greene is book three in the Top-Producing Real Estate Agent Series. Luckily, I have finished all three books in the series (Sold, Skill). At its heart, Scale is a leadership manual. You can use this book for any profession where you…
5 Takeaways from “Walk Yourself Wealthy”
“Walk Yourself Wealthy” by Dominic Hodgson is the ultimate guide to running an elite dog-walking business. I chose this book because I have a dog, am retiring, and want to stay in shape. Therefore, perhaps dog walking is something I can do in my spare time. Dog walking is a business. As such, you can…
5 Takeaways from “Create Something Awesome”
“Create Something Awesome” by Roberto Blake is a working template for success in any creative pursuit. If you plan on becoming a creator, this is the manual for you. People have glamorized being a creator, with most failing to understand the amount of dedication and discipline it takes. Don’t worry; Mr. Blake is here to…
5 Takeaways from “The 1-Page Marketing Plan”
“The 1-Page Marketing Plan” by Allan Dib walks us through the sales funnel of a successful business. A business thrives on acquiring new leads, warming them up, selling to them, and finally re-selling to them. Successful businesses don’t do any of this passively, however. Marketing needs to be at the forefront of your business operations.…