Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth
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Average customer review:Product Details
- Amazon Sales Rank: #220392 in Books
- Published on: 2006-08
- Original language: English
- Number of items: 1
- Binding: Hardcover
- 272 pages
Customer Reviews
Excellent source of information for the first-timer.
After having personally read over thirty books on the subject of real estate investment, I've found Robert Allen's book stands out from the rest. It is one of only a few books avialable today that actually teaches a step-by-step approach to investing. It leaves the general theories to the other authors and instead, gets down to the nitty-gritty of starting down the path to financial independence. The author doesn't self-promote his own elaborate collection of materials and seminars as so many others do, which I greatly appreciate.
As someone who is just starting to look into this fascinating subject, I can confidently tell you; don't waste your time elsewhere, buy this book, you won't be dissapointed.
A Soild Fundation for Creating Wealth through Real Estate
Mr Allen teaches and motivates the novice investor on how to use real estate as a tool for creating financial wealth. Locating motivated sellers and creating win/win solutions allows investors to use cookie-cutter techniques in any part of the United States. Even though it was wriiten in the early 80's, the principles still hold true. I look forward to reading his other works in the future. Troy Preston
First, change the way you think
Once we enter school, we are programmed to get educated so that we can get a good job, because this will bring us security and happiness. Nothing can be further from the truth. Our salary is our employer's expense, and they will always try to pay us as little as possible to control their own costs. Just like we would not overpay for a haircut or dinner at our favorite restaurant, our employers are unlikely pay us more than they absolutely have to.
This is a great book for people who want to step out of their comfort zone and question the status quo. In order to become wealthy, we first have stop thinking like the average person does. The author lists nine false assumptions:
* False Assumption 1: Having a Job Is Good and Leads Ultimately to Wealth
* False Assumption 2: Saving Your Money is a Good Investment
* False Assumption 3: Debt is Bad - Avoid It Like the Plague
* False Assumption 4: Security is Good
* False Assumption 5: Failure is Bad
* False Assumption 6: Wealth Is Measured in Material Possessions
* False Assumption 7: The Government, My Employer, or Someone Else Is Responsible for My Financial Well-Being
* False Assumption 8: Acquiring Wealth Is A Win-Lose Game
* False Assumption 9: It Takes Money to Make Money
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market




