Your easy-to-understand guide to financial freedom!
Have you ever wondered how wealthy people actually made their first million? Here is a book that shows how various people have made their money in their own unique ways, thus allowing you to find a method that works for you so that you, too, can make your first million and gain financial freedom.
We would all like to reach a stage where we are able to live off the income from our savings and investments. Sadly, only five out of every 100 people reach that stage. This highly accessible book is aimed at anyone who wants to learn how to make their first million in savings. The book provides real examples of ordinary people who have reached their financial goals and explains how you can do the same. It also provides practical ways of setting goals and keeping yourself motivated to achieve them, especially in tough times. How to Make Your First Million provides people from all walks of life with practical information on how to achieve financial freedom in a range of different ways and shows that it is possible for everyone to be financially free.
The book is based on South African finance/investing but it seems like 90% of the information translates to the U.S. System. There's a ton of good, basic information on stocks, bonds, index funds, and other investments options for short and long term. (But beware, "your first million" in South African Rand is like $68k in USD as of today... so you may not be getting the exact information you bargained for.)
A concise non intimidating book on how to create wealth through long term investing.
I love how simple to understand and follow this book was. Financial terms were simplified with ease. It was particularly refreshing in that it is written by a South African author, which makes the advice relatable and practical.
It was more than just a book on investing - there were some valuable career, relationship and life advice thrown in that was unexpected but highly appreciated.
The key takeaway is that anyone can create wealth by applying great discipline, patience and staying closely connected to your vision for your financial future.
Thoroughly enjoyed and learnt a lot from this book.
This book covers a wide range of investment types many of which I was unaware off. Many of the material discussed in the book are also covered in the personal finance podcast with Bruce. I love the case studies and how Warren explains each person's strategy. I am not a reader and I don't read but I did finish this book in 3 days. I first heard about this book form the personal finance podcasts. Now I am getting ready to read Become your financial Advisor also by Warren Ingram
Usually I'd avoid such title books, but that's why I'm in a Reading Club, that frequently challenge me. Will not add stars. Why? Read further. The first two chapters were really thought provoking and eye opening. Everything afterwards was mostly about South Africa related options of investments. While still informative, it left me wanting to have such overview of possibilities in my county. Research it is. Overall takeaway - be disciplined in your financial habits and you'll do well (given the proper choice of financial strategy).
A refreshing financial book that looks at ordinary South Africans who became millionaires by adopting sage investments, lived within their means and had no debt. For years I believed that property was the hottest investment to hold, surprisingly it's not, not in today's climate of high interest rates anyway. Warren Ingram shares his vast knowledge of financial expertise and gives advice on investments based on your vision for your future. Everyone thinks being a millionaire is out of their reach, after reading this book it seems achievable!
Kukapa ei kiinnostuusi tämän nimisestä kirjasta? Kirjassa ei ollut mitään uutta jonkin verran jo sijoittamiseen perehtyneelle ja säästeliäälle sielulle. Kirjassa kerrottiin myös jonkin verran Etelä-Afrikassa sijoittamiseen kohdistuvia vinkkejä, joten kaikki kirjan opit eivät välttämättä käänny suoraan Suomessa sovellettaviksi.
So far I've read so many different books about investing that it seems I should know everything, yet there is always something new I learn. This book had quite a few useful points I will implement while investing.
An easy to read book, with good advise, simple to understand and implement. Highly recommend for anyone who want to start investing or fine tune their current portfolios.
The book started a bit slow for me but the further along I read I could not put it down. Some very good ideas and I have learnt more in this book than Economics 101 at Varsity!
Brilliant book for financial knowledge and direction! Author touches base on financial basics and more, I encourage anyone to read this book if needing financial advice or “How to make your first million”
Great to read a book from a South African context. Some good insights as well. However, if you already do some research yourself or listened to Warren's radio or podcasts before, it is a bit basic. Good beginner guide, though
Good, practical, relatable. A MUST read for any South-African! It's great to read an investment book that is focused on your local market. It makes the content SO much more useful.