Re: The Rules of Wealth
I found The Rules of Wealth
(or in the U.S., it is titled The Rules Of Money for some unknown reason)
an interesting mix of target markets.
I got the impression that Templar was trying to appeal to everyone
so he'll have the rule about setting aside funds for retirement on one page
and taking equity rather than lending money on another.
I didn't really understand how he broke the sections up either.
In Getting Wealthy, he talks about only buying shares
and then in Get Even Wealthier, he talks about learning how to read a balance sheet.
Jeepers, if you don't know how to read a balance sheet,
DO NOT buy shares.
In Staying Wealthy, he mentions putting something aside for your old age.
Well, if you're wealthy then you're living off investment income
so that something should have been put aside already.
I think there are some great points
(though there is a lack of any shared personal wealth building experience).
It killed a long stop over in Heathrow for me.
I simply wish it had been organized better.
: )
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