Download The Evidence Based Approach to Wealth (Life - Your Missing Guide Book 1), by Rick Zhang
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The Evidence Based Approach to Wealth (Life - Your Missing Guide Book 1), by Rick Zhang
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Times are tough. We live in a world with increasing inequality between the haves and have-nots. The rich are getting richer and the middle class hasn’t seen a raise since 1980. Robots replace traditional jobs, cost of living continues to rise, and student loans are an anchor around the neck of new grads. Everything looks pretty bleak.
A new world requires new thinking. What if I told you that there is a way to stay employed, make a great salary, build a business, and take hold of your life? Drawing upon accumulated evidence in personal finance and individual success stories, this book will show you time-tested and proven ways to join the haves.
Whether you’re struggling with choosing a career, paying off debt, or buying a home, this book will equip you with the tools you need to make smart financial decisions — and all without the confusing jargon. How much mortgage can I afford? What is the difference between stocks, mutual funds, and bonds? Why, and how, should I invest? How can I save for retirement? When can I retire? These are the questions that will shape the course of our financial lives — and all these and more will be answered here.
In this book, you will learn:
•How the economy has changed and who the new winners and losers are
•How working for a wage will never make you rich (even if you are a neurosurgeon)
•How anyone regardless of background or skills can develop a profitable business and live entirely on passive income
•How to give your kids the best setup for succeeding in life
•The proper way to invest
•How to retire early, never have to work again, and live the way you want
- Sales Rank: #1751498 in eBooks
- Published on: 2016-01-21
- Released on: 2016-01-21
- Format: Kindle eBook
Most helpful customer reviews
1 of 1 people found the following review helpful.
I appreciate its focus on long term strategy as opposed to the “buy high sell low” cursory tactics and emphasis on blockbuster c
By Amazon Customer
“The Evidence Based Approach to Wealth (Life - Your Missing Guide Book)” is definitely worth a read. I consider myself fairly well rounded in my assets and occupation and business sense (I am Chinese after all), but this book did unveil interesting information, especially in the budgeting, savings and investment section. I appreciate its focus on long term strategy as opposed to the “buy high sell low” cursory tactics and emphasis on blockbuster companies like I see on so many investment sites and forums. The cost-cutting section was also useful, especially its emphasis on mental adjustments. I also liked its extensive background on the increasing chaos and troubles facing the millennial generation, though I am uncertain whether that section is too dry for or familiar to most people. However as a bit of a cynic myself, I do take issue with some sections that seemed a little too idealistic and/or naïve, such as how successful the idea of self-incorporation can be. Still, I enjoyed its can-do-attitude, which at least gives me a different point of view. Finally the book is a little dry. Though I appreciate an evidence-based approach, I am a scientist and this somewhat reminded me of the research papers I have come across, and I am not sure how others would take it. All in all, the book is fairly balanced, a good source of ideas and information, and an interesting way of looking at things, so it was worth $10. 4.5 stars.
0 of 0 people found the following review helpful.
There are many books out there about the best way to accrue wealth but most of them are ...
By Dennis Chang
There are many books out there about the best way to accrue wealth but most of them are glorified get quick rich schemes and one gets the feeling that peddling these books only accrue wealth for the authors and not the intended readers. This book is different in the sense that it is a serious and in-depth look at the issues confronting young people today in an uncertain world. The book gives excellent perspectives on a variety of issues relating to financial management and backs it up with solid data. It is dense and requires some commitment from the reader but if that commitment is made, you'll get a lot out of it. Would rate it 5 stars and excellent value for 10 dollars.
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