Simon & Schuster Money Master the Game: 7 Simple Steps to Financial Freedom

The information you need is in the book but Tony added a lot of fluff... 100 pages on how investment bankers rip you off with mutual funds and hidden fees on top of hidden fees and lie to your face that their fees are "only" 1%... Get a good brokerage firm like Interactive Brokers with low fees (not an investment bank!) and buy index ETFs just as Ray Dalio recommends in the book according to his "all weather portfolio" or just google it!

Must read if you want financial change in your life.

Ive started reading this book but boy is it full of fluff. Ive done 50 pages but besides a whole lot of financial dreams describing ,Tony goes out of his way to name call all the famous people he either knows or doesn't or promote himself or his other products like his app. i would say there is 10% of the matter that is relevant and the rest is just fluff. i aint no quitter so im going to struggle through the remaining of this book besides it helps me go to sleep : ) Edit- I am now on page 189! And my review remains the same. This is a 600 page book by the way. I guess if you don’t know about low cost ETFs and the main points about financial freedoms this might be a good impulsive purchase . But there are a lot of distractions , tangents and useless information. I wish he would edit this book and make it shorter.

This is the second book I read from Tony Robbins, after 'Awaken the Giant Within', that I absolutely loved. As the author states: this book is not just a book, it is a blueprint. No matter where you are financially, it will help you change your life - if you take the advice to your heart and take action. Quote: If what you learn leads to knowledge, you become a fool; but if what you learn leads to action, you can become wealthy. There are many books out there that cover the topic of how to get wealthy. I think what sets this book apart, is Tony Robbins incredible passion to help people combined with his knowledge of the topic. He is described as one of the greatest or THE greatest motivational speaker. His personal power and empathy can be felt thorough the book. A very inspirational and recommendable book.

SERIOUS QUESTION: If you had two investments, one that's $50 000 and one that's $1 000 000, which one would you put more energy into? Simple logic says you don't even consider the $50k, and pour all your time into the million. But, after a short poll of friends and colleagues, I learned that we do the exact opposite. Here's an example: About a year ago I bought a new car. I spent months pouring over consumer reviews, test driving, talking with friends, and investigating resale value. Conversely, when I committed to saving for my retirement I did a little "Google" research, then went to my bank, met an adviser, and trusted him to help me pick my investments. I've diligently made contributions from my paycheck ever since. The truth is, I spent about 1/10th of the time investigating my retirement as I did investigating a $50k vehicle I'll drive for 5 years tops... HOW STUPID IS THAT? Apparently not that stupid, it's what most people do. Tony Robbins new book, "Money - Master the Game" is an absolute gem! Even as a Canadian, despite the heavy US focus, this book opened my eyes to an industry designed to TAKE not CREATE wealth. This book certainly isn't the end all of investment strategies - BUT - if you want to retire on-time (or early), if you don't want to worry about running out of money before you die, if you want to maintain your current standard of living when you retire, then this book is for you! If you don't know any of the following, you really need to read this book (you'll be glad you did): 1. 96% of mutual funds DO NOT beat the stock market (and you pay fees on top of that) 2. The advertised average rate of return for mutual funds is NOT what anyone actually got! (up 50%, down 50%, up 50%, down 50% is not 0% - it's a 43.75% loss!) 3. Fees (even as low as 3% total) could bleed you of more than 50% of your future nest egg - OUCH! 4. Your broker/adviser has no legal requirement to do "what's best" for you. They are employed to do what's best for them and their employer. That may sound like a lot of doom and gloom - but this book does an amazing job explaining it all, making it simple, and making it usable. If you're Canadian, you'll need to do some extra research to learn the differences between our country (they're not significant). DON'T LEAVE YOUR FUTURE AND RETIREMENT TO CHANCE. This book is an amazing place to start learning how to invest your future.

Having already read and loved 'Awaken the giant within' and 'Unlimited power' by Tony Robbins, I was excited to say the least when this book was published especially as better finances is one of my goals for 2015. At 600+ pages this book is heavy reading! it took me a few weeks to finish the book but there is lots of great advice and wisdom in there which makes the effort worthwhile. If you are completely new to this area and a book this size seems too daunting for you then you're probably better off reading 'The richest man in Babylon' by George S Clason and 'Rich Dad, Poor Dad' by Robert T Kiyosaki which cover the fundamentals of making money. Indeed, as Tony states on page 69 of this book "As a young man, I came across George Samuel Clason's classic 1926 book the richest man in Babylon, which offered common-sense financial advice told through ancient parables. I recommend it to everyone." Whilst money: master the game essentially covers the same advice in the aforementioned books it goes into far more detail about investing on the stock market and as can be expected from a Tony Robbins book, there is a heavy emphasis on personal development too. The biggest problem I found with this book is that I am British and it is clearly aimed at an American market so some of the advice is not relevant to a British or International audience. Having said that, there are some universal principles about investing in the stock market and you can still learn a lot from this book if you're not American. One thing I particularly liked is the interviews with Billionaires. I had already heard of Warren Buffett but knew none of the other investors interviewed such as Ray Dalio, Carl Icahn, Charles Schwab, T Boone Pickens, Sir John Templeton, Jack Bogle, Paul Tudor Jones and David Swensen. I found all the interviews inspiring but particularly liked the ones with Ray Dalio, Carl Icahn and Sir John Templeton. If like me you don't really know the difference between inflation and deflation and your eyes glaze over when news readers start talking about Consumer Price Index and the economy, there is a great video produced by Ray Dalio 'How the economic machine works' which Tony recommends readers watch at www.economicprinciples.org the video is half an hour long and it is brilliant! learning about this video was worth the price of the book alone as it makes everything easy to understand. In conclusion if you are completely new to managing finances you will learn a lot from this book but at 600 pages it's a lot to get through so you may wish to try the two books I mentioned earlier first which can be read relatively quickly. If you are already in the game so to speak then the interviews with highly successful investors are very insightful.

An excellent book for those searching for knowledge about financing and a good add for those who live in the financial field as financial administrators, CFOs, financial advisers, brokers, fund managers, I'm a business administrator and that book helped me a lot, it's a book that makes the person think and also gives wisdom. I already have this book on the shelf, I bought one 5 or 4 years ago, but decided to buy a fresh new one of the same just to read again, just to keep the mindset.

Robbins non si smentisce...utilissimo libro per chi vuole investire i propri risparmi. tony e' dalla parte del lettore comune, non dalla parte di banche o brokers che fanno solo il loro interesse, e non quello dell 'investitore. L'unico vero lato negativo e' quello di dover trasportare le informazioni finanziarie forgiate per un pubblico americano, in un contesto europeo/italiano, cosa assolutamente non semplice... ad ogni modo consigliatissimo per tutti coloro i quali voglio investire i propri risparmi in modo indipendente e intelligente.