What do you think?
Rate this book
The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life
#1 AMAZON BESTSELLER IN “Business Motivation & Self-Improvement”
#1 AMAZON BESTSELLER IN “Real Estate Investments”
“A story that will captivate you, educate you, and inspire you” – Robert Kiyosaki, author of Rich Dad Poor Dad
What does financial freedom mean to you?
The Wise Investor is an inspiring parable about building what Rich Dad Author Rich Fettke calls Real Wealth , the foundation of financial freedom. It tells the story of Ryan Brooks, a husband, father, and CaptivSoft’s hard-working lead coder who, with the help of a new friend and mentor, finds a different path to financial security for himself and his family and becomes wealthy in more ways than he thought possible.
The Wise Investor will show you …
Why working endless hours to climb the corporate ladder in search of "enough" may never give you the financial security you want.The true cost of a life lived on someone else’s terms—your time—which no amount of money can ever buy back.How to shift the limiting beliefs that might be keeping you stuck and blind to what’s possible for your finances and your life.An actionable, play-by-play guide to transforming your financial situation by taking charge of your habits so you can live your best life now, not in some far-off future.Whether you seek an investment path that allows you to overcome the fear and or are struggling just to start, the advice and wisdom in this book will help you get on track to financial freedom. If you’ve ever sought to build wealth, secure your financial future, and live a life that aligns with your values and dreams sooner rather than later, this heartwarming story about one family’s financial transformation will help shine the way.
Are you on the right path to financial freedom?
In Rich's "In writing The Wise Investor, I dedicated myself to creating a story that would inspire and educate — and help you believe that you can live life on your own terms. Real wealth is having the money and the freedom to do what you want, when you want, with the people you want to be with. Each of us has the power to secure financial freedom by believing in what is possible in our lives and taking action to achieve it. If you agree… your transformation has already started."
#1 AMAZON BESTSELLER IN “Real Estate Investments”
“A story that will captivate you, educate you, and inspire you” – Robert Kiyosaki, author of Rich Dad Poor Dad
What does financial freedom mean to you?
The Wise Investor is an inspiring parable about building what Rich Dad Author Rich Fettke calls Real Wealth , the foundation of financial freedom. It tells the story of Ryan Brooks, a husband, father, and CaptivSoft’s hard-working lead coder who, with the help of a new friend and mentor, finds a different path to financial security for himself and his family and becomes wealthy in more ways than he thought possible.
The Wise Investor will show you …
Why working endless hours to climb the corporate ladder in search of "enough" may never give you the financial security you want.The true cost of a life lived on someone else’s terms—your time—which no amount of money can ever buy back.How to shift the limiting beliefs that might be keeping you stuck and blind to what’s possible for your finances and your life.An actionable, play-by-play guide to transforming your financial situation by taking charge of your habits so you can live your best life now, not in some far-off future.Whether you seek an investment path that allows you to overcome the fear and or are struggling just to start, the advice and wisdom in this book will help you get on track to financial freedom. If you’ve ever sought to build wealth, secure your financial future, and live a life that aligns with your values and dreams sooner rather than later, this heartwarming story about one family’s financial transformation will help shine the way.
Are you on the right path to financial freedom?
In Rich's "In writing The Wise Investor, I dedicated myself to creating a story that would inspire and educate — and help you believe that you can live life on your own terms. Real wealth is having the money and the freedom to do what you want, when you want, with the people you want to be with. Each of us has the power to secure financial freedom by believing in what is possible in our lives and taking action to achieve it. If you agree… your transformation has already started."
- GenresFinance
256 pages, Kindle Edition
Published April 19, 2022
37 people are currently reading
148 people want to read
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
Displaying 1 - 18 of 18 reviews
July 16, 2023
"It was amazing." - 5 out of 5 star rating.
If you've ever read The Phoenix Project, this is very similar in delivery. Instead of Agile Methodology and around the office antics however, this is revolving around the financial kingdom instead.
The author uses a narrative tale about basically nearly hitting rock bottom professionally, time management/work-life balance wise, and many other aspects in life.
- He is working 6-7 days a week
- Missing his kids sporting events
- Wife is upset he is not home enough
- Desperately trying to climb the corporate ladder for more pay
-- Yet, each rung up he takes, the more time poor he becomes with his wife and kids
- Loaded to the brim with vampire funds; subscriptions, latte syndrome, etc.
- Luxury items killing his financial success; boat that is hardly used, drives a brand new BMW
- Let his health go; zero fitness and super unhealthy eating habits
- Took 10 years to save only $20k
-- Got suckered in a scam, losing $5k of that nest egg he worked so hard to save
-- Didn't tell the wife; martial problems ensue
This is a scenario that I think sadly is a reality for a lot of people.
The good thing about this book is that the main character has his 'ah ha' moment and comes around to eventually a happy ending. He eventually corrects all of his financial and other mishaps one way or another, achieves financial success, and becomes a present Dad/Husband.
What makes this book great and why I am giving it a 5/5 and comparing it to Phoenix Project, is that it sends the message through story telling of one's life in a way you can really relate to. As opposed to flash-bang-pow, in your face, "get up and take chare of your life", loads of check-lists, and all of that like... the delivery here is done in a fun and super easy to digest manner.
Financial advise wise, I do not agree with 100% of everything found here. But I will say he is not wrong, there are just different ways to reach the desired end state for individuals. Some are more risk adverse, some are more risk acceptant. The author here leans a bit more towards the risk acceptant side - and there's nothing wrong with that. Like I said, more than one way to get there.
Looking for a super fun, financial + life success book that isn't a bunch of checklists?
This is it right here.
If you've ever read The Phoenix Project, this is very similar in delivery. Instead of Agile Methodology and around the office antics however, this is revolving around the financial kingdom instead.
The author uses a narrative tale about basically nearly hitting rock bottom professionally, time management/work-life balance wise, and many other aspects in life.
- He is working 6-7 days a week
- Missing his kids sporting events
- Wife is upset he is not home enough
- Desperately trying to climb the corporate ladder for more pay
-- Yet, each rung up he takes, the more time poor he becomes with his wife and kids
- Loaded to the brim with vampire funds; subscriptions, latte syndrome, etc.
- Luxury items killing his financial success; boat that is hardly used, drives a brand new BMW
- Let his health go; zero fitness and super unhealthy eating habits
- Took 10 years to save only $20k
-- Got suckered in a scam, losing $5k of that nest egg he worked so hard to save
-- Didn't tell the wife; martial problems ensue
This is a scenario that I think sadly is a reality for a lot of people.
The good thing about this book is that the main character has his 'ah ha' moment and comes around to eventually a happy ending. He eventually corrects all of his financial and other mishaps one way or another, achieves financial success, and becomes a present Dad/Husband.
What makes this book great and why I am giving it a 5/5 and comparing it to Phoenix Project, is that it sends the message through story telling of one's life in a way you can really relate to. As opposed to flash-bang-pow, in your face, "get up and take chare of your life", loads of check-lists, and all of that like... the delivery here is done in a fun and super easy to digest manner.
Financial advise wise, I do not agree with 100% of everything found here. But I will say he is not wrong, there are just different ways to reach the desired end state for individuals. Some are more risk adverse, some are more risk acceptant. The author here leans a bit more towards the risk acceptant side - and there's nothing wrong with that. Like I said, more than one way to get there.
Looking for a super fun, financial + life success book that isn't a bunch of checklists?
This is it right here.
January 26, 2023
This is a fiction book with a practical message about investing in real estate. However, it is really more than that. It takes a couple through the difficult times of him working many overtime hours just to pay the bills and still making no headway. The monetary strains on the marriage are severe, but so is his absence from the family life, like soccer games, dance recitals, and sweet time with his wife.
As I learned many years ago, job stands for just over broke. Generating outside income, preferably passive, is the key to getting ahead. Ryan, the man of the house, finds a mentor and the family profits from the advice that John gives him, both verbally and through modeling.
The book is strong on real estate and paints a positive picture for it and explains in some fashion how to go about it. On the other hand, it paints a negative picture of investing in stocks and says nothing about bonds or other types of investing. Crypto and stocks are alluded to as gambling or time consuming and not very remunerative.
One particular piece of advice John gives to Ryan that is valuable to most everyone is to make a list of all expenditures to see where the money is actually going. Some years back I asked a couple I was counseling to do that very thing. They loved their espresso coffee, but after seeing what was being spent on designer coffee each month, they bought their own machine and began saving significant money over time.
I liked the book; it has some references in the back that would certainly be helpful to younger people looking to get help with investing. Mr. Fettke has written an easy to read but helpful book on finance and family.
As I learned many years ago, job stands for just over broke. Generating outside income, preferably passive, is the key to getting ahead. Ryan, the man of the house, finds a mentor and the family profits from the advice that John gives him, both verbally and through modeling.
The book is strong on real estate and paints a positive picture for it and explains in some fashion how to go about it. On the other hand, it paints a negative picture of investing in stocks and says nothing about bonds or other types of investing. Crypto and stocks are alluded to as gambling or time consuming and not very remunerative.
One particular piece of advice John gives to Ryan that is valuable to most everyone is to make a list of all expenditures to see where the money is actually going. Some years back I asked a couple I was counseling to do that very thing. They loved their espresso coffee, but after seeing what was being spent on designer coffee each month, they bought their own machine and began saving significant money over time.
I liked the book; it has some references in the back that would certainly be helpful to younger people looking to get help with investing. Mr. Fettke has written an easy to read but helpful book on finance and family.
April 2, 2024
This book shed a light on a subject that we don’t really talk about. What do you value most ?
September 27, 2023
I liked that this was told in a story format. Made it much more relatable and fun to listen to. Basic idea is to generate passive income using rental real estate.
September 8, 2023
Nothing earth shattering. But I do like the emphasis on what real wealth is and how it is a more wholistic approach to life.
January 4, 2024
Similar to Lifeonare, this book describes how to live a great life, not just how to get rich. It goes so much deeper than most personal finance books on the psychology of what it means to be successful. I recommend reading this book, Lifeonare and The Wealthy Way to get a clear roadmap for success.
August 20, 2024
Great Idea to write it as a story and great narration as well.
April 27, 2022
Great education in a beautiful story!
I mainly read fiction, however I am diving deeper into real estate investing and educating myself about it. I’m familiar with Rich and Kathy through RealWealth, and read the description of the book. It seemed a nice balance of storytelling and non-fiction education. And that it is!
I have to say, by chapter 3 I was fully invested in Ryan and Karisa's story, I found myself rooting for them and the knowledge that they were learning to better their lives. There were parts of the book that made me laugh and parts that brought tears to my eyes. Rich has a very natural way of telling a story, weaving in real life financial struggles that a lot of people face with easy to manage steps to create financial freedom.
There are a lot of inspiring messages and quotes in here as well. This is not just a book about “real estate” - it’s about finding what happiness and success means to you and manageable ways to reach it. Very powerful! I’m so glad I read it.
I mainly read fiction, however I am diving deeper into real estate investing and educating myself about it. I’m familiar with Rich and Kathy through RealWealth, and read the description of the book. It seemed a nice balance of storytelling and non-fiction education. And that it is!
I have to say, by chapter 3 I was fully invested in Ryan and Karisa's story, I found myself rooting for them and the knowledge that they were learning to better their lives. There were parts of the book that made me laugh and parts that brought tears to my eyes. Rich has a very natural way of telling a story, weaving in real life financial struggles that a lot of people face with easy to manage steps to create financial freedom.
There are a lot of inspiring messages and quotes in here as well. This is not just a book about “real estate” - it’s about finding what happiness and success means to you and manageable ways to reach it. Very powerful! I’m so glad I read it.
July 4, 2023
Just a nice story. Might provide some inspiration to some. You won’t actually get rich from this book or even become a wise investor. This is more like a long visualization exercise. Not sure who this would be good for.
Its a catchy title, but the book falls short on genuine investment advice or valuable insights. One of the major issues with "The Wise Investor" is its lack of substance. The content feels shallow and lacking in depth, failing to provide any meaningful or actionable information for investors. Instead of offering practical strategies or in-depth analysis, the book seems to rely on vague generalizations and clichéd advice that offers little value to readers looking for practical guidance in the investment world.
I don’t like leaving a two star review because it is a nice story and does provide something but it’s just not a good book for me personally. My advice, if you start it, and don’t find value quickly, don’t finish it.
Its a catchy title, but the book falls short on genuine investment advice or valuable insights. One of the major issues with "The Wise Investor" is its lack of substance. The content feels shallow and lacking in depth, failing to provide any meaningful or actionable information for investors. Instead of offering practical strategies or in-depth analysis, the book seems to rely on vague generalizations and clichéd advice that offers little value to readers looking for practical guidance in the investment world.
I don’t like leaving a two star review because it is a nice story and does provide something but it’s just not a good book for me personally. My advice, if you start it, and don’t find value quickly, don’t finish it.
June 9, 2023
I am not a fan that the whole book is a fable; it is full of contrived coincidences such as Karisa earning a large monthly income from her art business, the household having a lot of unnecessary expenses that could be eliminated and a spare room that could be turned into an AirBnb, Ryan meeting John at a volunteer event the former was made to go to, John being a wealthy owner of gyms and a restaurant, the couple getting into real estate with no problems or setbacks occurring, Ryan being offered a contracting job because of a simple app he made. That said, the fable was entertaining. There were good nuggets throughout such as major changes can be created by changes to daily habits; real wealth is about having freedom, health, and family; and assets provide those aspects of real wealth. There was also a good introduction to real estate and its pros and cons.
August 6, 2025
I loved this book. Typically I migrate to the self-help, self-improvement books that are more academic and straight forward. However, I related to the main character of this book so well, that it really helped me see how to apply all the other things I've learned from other books. I truly believe reading this book will be a pivot point in my life.
I loved the emphasis on wealth being more than just financial . . . health and relationships were also heavily focused on!
I loved the emphasis on wealth being more than just financial . . . health and relationships were also heavily focused on!
February 8, 2025
Great story with many lessons
NOT AT ALL what I expected when I first bought it. Certainly my fault for not reading the description/reviews. No regrets.
This is an engaging story which models how you can take control of both your life and finances to build a better you and better marriage/family.
NOT AT ALL what I expected when I first bought it. Certainly my fault for not reading the description/reviews. No regrets.
This is an engaging story which models how you can take control of both your life and finances to build a better you and better marriage/family.
June 3, 2023
Its just a story
Just a nice story. Might provide some inspiration to some. You won’t actually get rich from this book or even become a wise investor. This is more like a long visualization exercise. Not sure who this would be good for.
I don’t like leaving a two star review because it is a nice story and does provide something but it’s just not a good book for me personally. My advice, if you start it, and don’t find value quickly, don’t finish it.
Just a nice story. Might provide some inspiration to some. You won’t actually get rich from this book or even become a wise investor. This is more like a long visualization exercise. Not sure who this would be good for.
I don’t like leaving a two star review because it is a nice story and does provide something but it’s just not a good book for me personally. My advice, if you start it, and don’t find value quickly, don’t finish it.
June 6, 2022
Inspirational read!
I really enjoyed the way the author guides you through real life scenarios (very relatable) while teaching valuable lessons and steps needed to get you where you want to be. If you're into financial freedom and/or real estate investing you'll definitely appreciate this book.
I really enjoyed the way the author guides you through real life scenarios (very relatable) while teaching valuable lessons and steps needed to get you where you want to be. If you're into financial freedom and/or real estate investing you'll definitely appreciate this book.
April 3, 2023
This book is a great financial and real estate advice book written in story format. Those that want to just read a good story about an everyday family making it through life’s struggles will enjoy this book. And those that want to take it a step farther and look for applicable lessons they can apply in their own life, this book is great.
October 17, 2022
Excellent story that motivated and inspires you to take action!!! 👏
June 1, 2023
Another story of a guy who needs to get his life on track and straighten out his priorities. Kind of overplayed. Probably good for some people just not where I am in my knowledge pursuit.
October 1, 2023
I wouldn't really consider this a parable. There is some good information, but this is by no means the only way to achieve financial freedom.
Displaying 1 - 18 of 18 reviews