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Motivated Money
Sound Financial Advice for the Post-GFC World.
Peter Thornhill’s new book gives people an exciting insight into the investment philosophies that has made him a renowned investment speaker and consultant. In the updated and expanded sixth edition, it offers guidance for future decades, along with demystifying the complexities of investment with particular reference to shares.
Who can benefit from this knowledge?
The young who are just setting out on life’s great adventure
Those working and raising families
Those contemplating retirement
Retirees
Peter Thornhill’s new book gives people an exciting insight into the investment philosophies that has made him a renowned investment speaker and consultant. In the updated and expanded sixth edition, it offers guidance for future decades, along with demystifying the complexities of investment with particular reference to shares.
Who can benefit from this knowledge?
The young who are just setting out on life’s great adventure
Those working and raising families
Those contemplating retirement
Retirees
199 pages, Kindle Edition
Published July 29, 2020
74 people are currently reading
851 people want to read
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Displaying 1 - 30 of 32 reviews
October 30, 2024
While I put this book down for a few months, I got a lot from this simple explanation of why the share market is such a good investment. Definitely worth reading if interested in long term wealth creation.
January 27, 2023
I was expecting to read a thesis on how dividends are better than capital growth. Instead, I came out with much more - how shares are better than property, the true definition of asset vs liability, gender differences in relation to life change, what constitutes long short timeframes, giving back to society, and being challenged to design your dream future. And at just over 100 pages, it is a short, sharp and easy read. A must read for all.
November 18, 2013
A must-read! Kick start your financial education with this common sense guide to building your personal wealth with a sense of purpose.
September 26, 2022
Peter has written a fantastic resource in this book that challenges the stereotypes of investment strategy and retirement planning. Everything I thought I knew has been brought into question after reading this, and by doing so has opened my eyes to an alternative argument around what constitutes a sensible investment.
It is clear that the Australian property market is over emphasised in the investment world in terms of generating wealth and returns. There have always been other asset classes in which to invest, and this book is a great reminder there is more than just residential property markets. It’s interesting to observe Peter’s strategy to reduce mortgage repayments can also be achieved using stocks through utilising different financial instruments.
The book is more about questioning your own personal beliefs of the share market and how this often misunderstood asset class can still be utilised to grow your wealth without incurring the substantial liabilities that often come with investing in property. Peter has been able to clearly articulate his message in a way that is easy to understand and implement. Highly recommend!
It is clear that the Australian property market is over emphasised in the investment world in terms of generating wealth and returns. There have always been other asset classes in which to invest, and this book is a great reminder there is more than just residential property markets. It’s interesting to observe Peter’s strategy to reduce mortgage repayments can also be achieved using stocks through utilising different financial instruments.
The book is more about questioning your own personal beliefs of the share market and how this often misunderstood asset class can still be utilised to grow your wealth without incurring the substantial liabilities that often come with investing in property. Peter has been able to clearly articulate his message in a way that is easy to understand and implement. Highly recommend!
January 25, 2024
Very good
Peter has an obvious bias to investing in industrial shares over a long time. I found the book interesting but what a pity is out of date and the references are mainly about the GFC and the dot com bubble. Peter is almost a puritan in terms of his character and the way he invests. I think that he unreasonably biased against real estate investing but each to his own. I think that a balanced portfolio includes should include an investment property in an area which will attract people to live in. Investing in resources stocks I think, if not excessive can be included in a portfolio to attract income. I know that Lincoln stock doctor would not agree. Peter’s last chapter on Philanthropy is very valuable.
Peter has an obvious bias to investing in industrial shares over a long time. I found the book interesting but what a pity is out of date and the references are mainly about the GFC and the dot com bubble. Peter is almost a puritan in terms of his character and the way he invests. I think that he unreasonably biased against real estate investing but each to his own. I think that a balanced portfolio includes should include an investment property in an area which will attract people to live in. Investing in resources stocks I think, if not excessive can be included in a portfolio to attract income. I know that Lincoln stock doctor would not agree. Peter’s last chapter on Philanthropy is very valuable.
November 2, 2023
40 year old on the FIRE path
I’d figured out that property wasn’t for me after rent vesting and owning a couple of IPs. Switched to shares, mainly US based, but Thornhill makes the case to look closely at Aussie industrials.
I wish I hadve bought a home and debt recycled into shares 10 years ago, but I didn’t. In any case, it’s my plan moving forward. This book is base line education for ppl who want an overview of outcomes from decisions made over time from someone who is living in their retirement.
I’d figured out that property wasn’t for me after rent vesting and owning a couple of IPs. Switched to shares, mainly US based, but Thornhill makes the case to look closely at Aussie industrials.
I wish I hadve bought a home and debt recycled into shares 10 years ago, but I didn’t. In any case, it’s my plan moving forward. This book is base line education for ppl who want an overview of outcomes from decisions made over time from someone who is living in their retirement.
September 21, 2022
Excellent - even for Canadians!
This book provides great guidance for anyone looking for a roadmap in achieving financial security in/for retirement.
The advice is sound and will apply to everyone; not just Aussies. There is really only one chapter, taxes, that won’t apply to any non-Aussie. However, the down-to-earth, straight shooting, and relatable approach made for an easy, fun, and educational read.
This book provides great guidance for anyone looking for a roadmap in achieving financial security in/for retirement.
The advice is sound and will apply to everyone; not just Aussies. There is really only one chapter, taxes, that won’t apply to any non-Aussie. However, the down-to-earth, straight shooting, and relatable approach made for an easy, fun, and educational read.
February 18, 2019
Much needed financial advice for a post-GFC world who doesn't want to repeat the 20th century. Thornhill breaks down complicated financial concepts in an accurate, relatable, and practical way. Everyone should read this and go to one of his talks. Best finacial book about Australian shares that I have read so far. Think you know property? Think again.
May 1, 2023
Excellent book. Peter encourages a focus on income producing assets, and evidences this opinion with historical graphs to explain why. There were some quite complicated concepts, that you wouldn’t think were complicated because of how well explained they were. A very empowering book for anyone starting out
January 1, 2019
Amazing book to give you an idea of how passive investing can work for you. Written in a plain language in a way that anyone can understand without much knowledge in finance or investing. Easy read. Much recommended.
July 17, 2020
Easy read with easy to understand finance lanuage. This book doesn't necessarily contain instructions on how to get your finances under control or budget but instead challenges the way you think about investing, why you invest, what you should invest in and the timeframes around it.
July 24, 2017
An easy read on a very simplistic approach to shares investing (not speculating!) - so simple it may work!
July 8, 2018
This was a great addition to my money education. Very clear writing from a knowledgeable source.
January 17, 2019
Great introduction and overview to investing.
January 29, 2019
Peter provides a different perspective on long term investing which is explained in a manner that is easy to digest for beginners.
July 9, 2019
Just what the financial doctor ordered. Simple instructions, clear explanations.
September 30, 2020
Excellent read for anyone wanting to understand the basics of investing.
January 6, 2021
Good read about the importance of investing. Also provides an interesting outlook on shares VS Australian property market.
June 6, 2021
Easy to read and opens my eyes to the bias in views about shares. Is not a get-rich-quick guide but guide to retiring without worrying about whether there is enough to live on.
October 24, 2021
Highly recommended for anyone serious about building wealth.
December 4, 2022
A fantastic book on making money, simple, really informative. I'm so glad I read it.
May 7, 2023
Easy to read, great use of data to support theories & arguments. This is a good education between property and the share market.
December 9, 2023
It’s not often that I complete reading a book in a single day but I just couldn��t put this one down. Short and to the point, there’s a lot of information packed in here.
April 28, 2024
essential reading for Aussie finance specifics
July 25, 2024
Everyone needs to read this 👏🏻
July 31, 2022
This a must read book for the “investor”
I have been advising clients for many years how to secure their income in their retirement years and I believe that Peter Thornhill has nailed it in simple layman terms on how to invest for your better retirement.
I have been advising clients for many years how to secure their income in their retirement years and I believe that Peter Thornhill has nailed it in simple layman terms on how to invest for your better retirement.
December 15, 2020
An interesting perspective on investing. Many takeaways.
But it all comes down to the two rules:
1. Spend less than you earn.
2. Borrow less than you can afford.
Invest now.
This book has changed my whole perspective. The goal was always to buy property because that is what my parents had done before me. My uncle and auntie chose the same path as well. Seeing this and not knowing enough about the world of investments limited my vision. I was slowly making the shift towards investing in businesses rather than property. This book helped me to take the plunge and go at speed into the world of investing.
I've shifted to a money generating portfolio with the aims of allowing compounding interest to take hold of my money. I no longer have to think about investing, I just do it. Instead of buying property I'll be buying a home, only out of security due to the rental climate of Australia.
But it all comes down to the two rules:
1. Spend less than you earn.
2. Borrow less than you can afford.
Invest now.
This book has changed my whole perspective. The goal was always to buy property because that is what my parents had done before me. My uncle and auntie chose the same path as well. Seeing this and not knowing enough about the world of investments limited my vision. I was slowly making the shift towards investing in businesses rather than property. This book helped me to take the plunge and go at speed into the world of investing.
I've shifted to a money generating portfolio with the aims of allowing compounding interest to take hold of my money. I no longer have to think about investing, I just do it. Instead of buying property I'll be buying a home, only out of security due to the rental climate of Australia.
November 2, 2020
A great book to show you how shares work. Easy to grasp and understand.
January 6, 2021
A cogent guide to passive investing for the masses, that assumes little and imparts much. I loved it, so much so that I bought it for my parents and siblings.
Displaying 1 - 30 of 32 reviews