Ordinary-income

I have joined his and his associate seminar. Therefore, I have his book. Major advantage of his book is that he is drawing you to the right direction with combination of others ideas. Major disadvantage of his book is his illustrations are not very well arranged. If I have never attended of any kinds of his seminar, I will not able to finish his first chapter because I have seen a lot the ideas from the others. In short, it is a great book because he shares his experience in understanding and practising others great Millionaires' thinking. Worth to invest!

This is the most practical book I have ever came across. It is especially good for those who have read books on the fundamentals of positive thinking, subconcious mind, value system, goal setting etc, but don't know how to go about applying them in real life. The Millionaire Mindset does not only tell you about the fundamentals (which are clear cut, not long-winded & easily understood), but also shows you step-by-step how to go about achieving what you want in life. For anybody who wants to attain success & wealth, mindset plays the most important part, then come courage & take MASSIVE ACTIONS!!! Well done, Gerry!

I bought this book and was very surprised at how practical it is. This guy's story is phenomenal. If he could do it, anyone can. It's a lot more than a book. It's a workbook.

I don't hesitate for a second to recommend it to anyone who is serious about creating wealth using the M.S.I. (Multiple Source of Income) method.

First, I'll say that this was one of the first 10 investing books I've read as I'm starting the venture to becoming a wise investor.

The point of this review is to say that the book is pointless when the same exact info is given free and more concisely on the website with the same name. This book seems to try and fill up pages by adding fluff to a simple concept: invest 1/3 of your long term funds in each of US large cap stock index fund, US small cap stock index fund, and the large cap asian index fund. The rest of the book is really fluff around this.

I'd suggest simply visiting the armchair millionaire website to read the same info in a few pages.

Also, for the people in other reviews who say the strategy isn't performing well, they are forgetting that this is a LONG TERM strategy, and the reason the funds are currently at -2% return is because the crashes in 2000-2001 are being included. Over the long term, this strategy is considered sound. Thinking short term is entirely opposite to the strategy this book and others suggest.

In short, don't buy the book, just read the site.

The Armchair Millionaire gives everyone the advice and support they need to succed in investing. The book shows you the simple things that everyone can do no matter how small their paycheck is to eventually become a millionaire and retire early. There is great advice on what to invest in safely and how to get the most out of your money by avoiding some taxes. Everyone who wants to become a millionaire needs to read this book.

Besides the fact that the authors manage (I think successfully) to present themselves clearly and in a straightforward manner, I think what's worth appreciating about this book is what's NOT in it: It has none of the typical "my-idea-is-newer-and-better-than-yours" blather that makes up so many investing books these days.

Instead, the authors promise to keep it simple and they do just that. It's tempting to want to ask, "what's new in this book." I think what's new is the fact that it's got an easy and proven plan to build a million dollar portfolio. Proven with the author's own money!

That's pretty good stuff for a $20 book.

The authors show great restraint by not dwelling on the gobs of investing science behind the Armchair Millionaire's Five Steps to Financial Freedom. In fact, there's enough Nobel prize winning research behind their method to choke a horse. They mention it along the way but avoid the temptation to bog you down in it. Instead, they stick to their own self-imposed line and keep it simple.

The risk of this is they can be called simplistic. The value, of course, is that they provide all the tools you need--and only those tools--to do-it-yourself. In other words, they'd rather you successfully start your own portfolio than convince you that they are smarter than everyone else. Rare indeed, these days.

My recommendation is to give this book to people you care about--People who you want to succeed. There's an old saying, you can lead a horse to water but you can't make them drink. This book is the water. It's got everything you need to build financial success for yourself. What you do with the information contained inside is up to you.

PS: This is my first book review--I finally felt I could say something that might help someone make a smart decision. Hope you like it!

The first two chapters should be read by every person age 16 or older. It focuses on your thought process concerning money. The book consists of ideas for increasing your income and adding new sources of income. The wealth creating strategies involve stocks, real estate, tax liens, network marketing, intellectual property, the internet, taxes, estate planning, and others. The ideas lack depth and would require more research. Most of the chapter topics could each be expanded to become books. One idea taken from this book and applied could change your financial life.

The gaping stupidity of all the "dot-bombs" in the last few years is that other reasonably intelligent people listened to a bunch of geek heads in horn-rimmed glasses for marketing advice. Duh! What were they thinking? What Allen does brilliantly is market and his book is not about a bunch of techno-gizmos that don't translate to the bottom line. MSoII is about "Show Me the Money" and "Getting to 'Yes!'" all in one easy-to-read volume that will give you a clue of what you REALLY need to do on the Internet if you want an ebusiness instead of just a website. Is Allen a self-promoter? Absolutely. Does he then show people exactly how to do it themselves? You bet. I have more respect for that level of honesty and someone who's withstood a few knocks over the years compared to some snotty-nosed 20-something brat who's never seen a downturn in the economy since he's been old enough to drive. Allen has been there and back and I respect his opinion.

I followed most of the instructions in Robert Allen's book, and am making money on the internet as a result of it. This book provides step-by-step instructions on how to
1) Generate an idea.
2) Create an internet business based on the idea.
3) Market the idea to make money.

The example Robert Allen gives of making money in 24 hours is not very reasonable for most people, for anyone really. However, I was able to generate income in 8 days from my web site's launch and it hasn't stopped!

I've read several books before starting my internet business, cybermasons.com, and this was by far the best. You can't go wrong with this book. The proof is in the sales!