Total Page : 272
Publisher : Pocket
Publication Date : 1998 10 01
>> Somewhat dated but still an interesting read
The stats are from 1996 which makes the book somewhat dated Nevertheless I think the theories derived from them remain valid even today The anecdotal illustrations are interesting and sometimes humerous It would be really interesting if the authors updated it and expanded to allow references to the major economic swings since 1996
>> Very solid pragmatic advice
The one thing most worth remembering from this fascinating book is the distinction between income and net worth Many people may have a high income but because of high expenses and poor savings patterns their net worth is low Conversely some people are able to build prodigious amounts of wealth the authors term by being careful with their purchases investing well and planning ahead While reading this book I was able to identify friends of mine in both categories
The advice that the authors give is solid and pragmatic They tend to be a bit repetitious and the book could have been at least 50 pages shorter without losing any of its impact
>> The Millionaire Next Door
This book is a classic It shows how millionaires think and spend their time especially in dealing with their finances and investments
