The 30-Minute Millionaire: The Smart Way to Achieving Financial Freedom

by Peter J. Tanous, Jeff Cox

Award-Winning Finalist in the " Personal Finance/Investing" category of the 2016 International Book Awards “Who better than two keen observers of markets to guide us to successful wealth accumulation in a world flooded with information containing lots of signals and noise. By showing investors how to be a lot smarter about their time allocation, including what to look for and why, this book provides you with important and durable tips and insights.” — Mohamed A. El-Erian , Chief Economic Adviser at Allianz Investing experts and best-selling authors Peter J. Tanous and Jeff Cox return with The 30-Minute Millionaire , a step-by-step guide to achieving financial success. Whether you're new at investing or already preparing for retirement, the authors provide practical advice with specific examples, giving you the tools and knowledge you need on your path to becoming financially secure. Learn how
The authors also give detailed instructions on exactly how much cash you'll need to start (less than you think!) and the best advice from financial gurus on your journey ahead. Stop trying to actively pick stocks, trade in and out of positions, analyze the data only the wonks understand, or time the markets—get on a simple, true path to financial freedom with The 30-Minute Millionaire today.

Genres: Finance, Nonfiction

192 pages, Hardcover

First published March 8, 2016

About the author

PETER J. TANOUS is chairman of Lynx Investment Advisory, an investment consulting firm headquartered in Washington D.C. He has over 40 years’ experience in finance. A graduate of Georgetown University, he serves on the university’s investment committee. Tanous has a long writing history, starting with three novels he authored and co-authored in the late 70s. Along with Paul Rubinstein, he wrote The Petrodollar Takeover, published by G.P. Putnam. The book was successful, had multiple printings and several foreign sales.

A second co-authored book was The Wheat Killing, published by Doubleday. Tanous wrote The Earhart Mission in 1980, published by Simon & Schuster. The book received a solid paperback sale to Bantam, several foreign sales, and a film rights sale to Warner. In later years, Tanous concentrated on books in the investment and economic fields. The Secret of Fatima marks his return to writing fiction. Tanous serves on several corporate and non-profit boards of directors. He lives in Washington DC with his wife, Ann.

Reviews

[Stacy Jones · Rating 3 out of 5]

Listening to the audiobook was rough because of all the tables. Good information though.

[Geoffrey · Rating 2 out of 5]

I am big into investing books. Things to know here, 1 - it was pretty boring, 2 - definitely don't listen to the audio version as they literally read charts for like an hour, real brutal. The basic idea is to have a plan, don't over analyze, and don't spend too much time on your investments. I agree with a bunch of this, but unfortunately, I love to play the game of choosing my own investments and will never trust anyone else to manage my money. That said, I have learned my own techniques through other books and trial and error, and agree that once you have your plan in place, that you shouldn't be doing too much active management.

[NiTe Luo · Rating 4 out of 5]

If you're listening this as audiobook, you can safely skip the last part, unless you want to find out what is like to read out a excel sheet line by line

Other than that it's a good book that introduce you to long term investment, I especially the ETF and Gold

[Chris Doelle · Rating 2 out of 5]

This book didn't have a ton of new information. It was all decent stuff but it seems too caught up on the the "30 minutes" thing, so much so that Tanous mentions it over and over and over ad nauseam. I get that it needed a catch title to attract readers (it worked on me) but it just feels gimmicky.

[Courtney Reads Stuff]

It was okay. I mean it was probably better than okay for people that are really seriously deep into the world of investing. I understood some of it, but much of it, towards the end was over my head. I would probably fair better with a written book. The audiobook was a lot to digest.

[Ken · Rating 4 out of 5]

simple, easy, actionable investment idea.
however, i haven't tried it so i am not sure if that really works

[Adam · Rating 4 out of 5]

It's so crucial to know what you don't know.
Striving for happiness with no regard to money is unrealistic
Trying to catch a whale with a worm
Get on the power path

[Karla · Rating 4 out of 5]

Pretty well explained plan to follow. An easier read than the ten minute version by another author. Not regretting reading it, just not buying into the plan yet.

[Cathy Craig · Rating 3 out of 5]

The first 25% is okay then I felt it got tedious.

[Michelle Bain · Rating 3 out of 5]

I listened to this as an audiobook. A bit difficult because of so many tables.

[陈 元伟 · Rating 4 out of 5]

The author recommends delegating investing to professionals in order to save time and beat or get market returns, rather than under perform. This is for those who are employed and may not have the time to do their own analysis of the companies. Other than investing, lots of other useful tips, quite similar to the Automatic Millionaire.

[Jennifer · Rating 4 out of 5]

I listened to the audio book and the first half of this book was great. It provided a simple approach to investing in easy to understand language. The author provided historical insight to returns of the stock market over time and the inherent risks associated with short-term thinking. The second half of the book was really hard to listen to since it gave different types of investments and their returns over time which was really hard to follow. Good advice for a new investors, as well as new tips for those seasoned investors.

[A · Rating 2 out of 5]

Although an interesting concept, the book does not explain how not to be overwhelmed by the excess amount of financial information available. The best part is the specific recommendations of funds to consider in your portfolio.