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BOOK MONEY Master the Game: 7 Simple Steps to Financial Freedom

Discussion in 'Education, Learning, Books' started by Daniel A, Nov 22, 2014.

  1. Daniel A
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    Daniel A DIESEL Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Hey,

    I'm not sure if you've heard about Tony Robbins new book or not...

    Well if you haven't, he launched his new book recently and there's one aspect of his launch that's just great.

    Tony is going to donate all the proceeds from his new book to help feed less fortunate people this Thanksgiving ... because of the good deed someone did for his family one Thanksgiving.

    Plus the information in the book itself seems very impressive.

    He says he interviewed "50 OF THE WORLD'S MOST BRILLIANT FINANCIAL MINDS" to help create his new book. And if you look at who some of those people are, you might be as impressed as I was.

    There's also some bonuses that you can get...

    Anyways, I bought the book for Kindle already and I wanted to share it here so you have the chance to help yourself ... while helping others at the same time.

    Here's where you can get the book - and - the bonuses: http://moneymasterthegame.com/

    PS: If that seemed "salesy" - sorry about that. It's really just something I thought I should share and the link has nothing to do with me.

    PPS: Happy early Thanksgiving! :)
     
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  2. jpmartin
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    jpmartin Jedi Master I've Read UNSCRIPTED

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    Thanks, already pre-ordered it a while back. It's a whopping 600 pages! I'm now listening to the audio book, which is itself 20 hours!
     
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  3. Jamesdoesmith
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    Jamesdoesmith Bronze Contributor Speedway Pass

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    Ordering. Love what he is doing and love his visualization processes. He is also really funny and thats a great way to get customers. The fact that he is donating says not only alot about his heart and mindset but ALSO his success.... he doesn't need the income
     
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  4. Daniel A
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    Daniel A DIESEL Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    @jpmartin Nice! Yeah there was another offer (pre-launch) where the buyer only had to pay for shipping. I think it was for a hard cover copy too. That would have been cool, but I was too late :(

    Haha. With Kindle I lose the sense of how lengthy a book will be. It's a really lengthy book though and will take some time to read (or listen to), but I hope it's worth it :)

    Edit: "Hangry" I like it!

    @Jamesdoesmith I'm glad you're getting the book and I hope it's helpful! He's had MAJOR financial success. I watched the video again and realized I missed the part where he said he's also donating some of his own money on top of all the book's earnings. Hahaha. It's also funny how he's such a huge dude, but he's super nice and lives to help people. A gentle giant. That's the great thing about video/audio too, you get to connect with a person better. "Mirror neurons" ... when he smiles and laughs, we do too :)
     
    Last edited: Nov 24, 2014
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  5. FionaS
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    FionaS Silver Contributor Read Millionaire Fastlane Speedway Pass

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    My problem was ordering it too early, so I missed the 'free' version. ;)

    I haven't read it yet, but it's the next on my list. Glanced through it, though, and it looks really pretty good.
     
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  6. Ryllban
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    Ryllban Bronze Contributor

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    Only 20 minutes left on my audiobook for this book. Very good eye opener to how we can use different ways to minimize our taxes and maximize our profits.

    Even though I'm not interested in just investing and getting rich when I'm 60, I still think the book it great for showing you what and how to invest when you make money. So instead of having our fast lane cash just in the bank, we can now let them grow and give us interest every year.

    Good read!
     
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  7. Daniel A
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    Daniel A DIESEL Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    @FionaS Haha. Same here. I'll have to read it after I finish my current book. I hope it's good, but I've read some critical articles about it online recently. James Altucher is a very smart guy (especially in Finance) so I listened to his podcast with Tony on the book. It was sort of disappointing since I wanted to hear James thoughts on the book but, Tony gets paid to speak :D. Let us know what you thought when you finish though, please.

    @Ryllban Thanks for sharing your thoughts man! Was there anything that seemed "esoteric" in terms of investing? That's the approach I want to take too. There have been some threads in the past where people got a nice amount of capital ... but don't really know what to do with it afterwards. So learning more about investing (even now) seems like a great idea. Especially for the long-term.
     
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  8. Ryllban
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    Ryllban Bronze Contributor

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    The fact that I was going in with completely fresh eyes when I read this book (have never done any investing before) a lot of the words and terms they use got me a bit off track sometimes. My biggest takeaway and also something people might not think about at all is:

    1. Don't lose money. (many people just think how much they can earn)
    2. Diversifying your investments.

    For example, some people see one of their stocks get higher in value as the months/years go. They pour all they got into the stocks because the stocks are great right now. Then some market crash happens and they loose it all.

    This is where diversifying comes into play. You have an broad portfolio where you take x% into this stocks, x% into gold, x& into real estate. And when a market crash happens, you have such a broad portfolio that your loses won't hurt that bad.

    They also go more into detail about index stocks & funds. And a lot of ways to reduce your taxes on the return you get from your investments. But as I said before, Im green in this field. So I have a lot of reading and learning about investment to gain maximum value from this book.

    Hope it helps!
     
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  9. Daniel A
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    Daniel A DIESEL Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    I have to give credit to Robert Kiyosaki on really getting me started with this. In a video I watched a while back he said you have to "learn the language of money" or something like that. So I searched for resources that looked legit and found a nice website. I posted it on my forum profile, but my privacy settings prevent it from being seen now.

    http://www.investopedia.com/dictionary/

    You can sign up for the term of the day email newsletter, visit the website and I believe there is also an app. Over time a lot can be learned :) They try to get you signed up to sooo many other email newsletters though so watch out!

    I've heard it said that once you get good money, the challenge then becomes keeping it (playing defense). The tax (and legal if they have any) stuff is what I am really going to pay attention to.

    Yeah man that was super helpful. I have a much better idea of what the book covers now. Thank you! :)
     
  10. Ryllban
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    Ryllban Bronze Contributor

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    Thank you, will sign up for it :)
     
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  11. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Last edited: May 6, 2018
  12. wade1mil
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    wade1mil ¯\_(ツ)_/¯ Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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  13. Daniel A
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    I just finished reading that article and a few others that were published recently (^I mentioned I've read some before too^). Also read some of the critical Amazon reviews. They were very discouraging to be honest. I watched a video before I bought the book where Tony said he was working on the book for four years. When I heard that I literally thought "okay, that's enough time for him to write a great book." I also thought he would be careful enough not to damage or ruin his credibility before launching the book. Especially if he plans to market it as well as he did and since it has been decades since he wrote one. It's getting so much attention right now. The 50 people who he interviewed seem to be top top notch. BUT...

    If any of those 50 are offering the financial services he recommends in the book ... it's a conflict of interest to give out information that would make their business obsolete (via a book that's less than $20 too). It might also primarily be a marketing tool for their business. With new clients and more capital, they can make more money. Tony could get a kickback for bringing them too (back-end way of profiting from the book). That's just speculation though, Tony seems like a good guy.

    It's ironic because in one of the videos he says, "People can be sincere with their intentions, but they can also be sincerely wrong." (something like that)

    I'm really not sure about the book now, before I was even able to read it...

    To anyone who saw this thread and bought the book because of it ... I apologize if I was a catalyst in your buying decision. It might not be as informative as I thought, but according to several reviews there is some useful information.

    He definitely didn't. Yes, B (Business) -> I (Investing) seems to be the more practical approach. It might also be better to re-read your book instead, or at least before I read Tony's.
     
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  14. pickeringmt
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    pickeringmt Gold Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    Aw, I suddenly feel much less excited about picking this up at Costco today :embarrased:
    Started this yesterday :)
    Couldn't help but hang on to one of the copies I bought for gifts.
     
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  15. Daniel A
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    Daniel A DIESEL Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Awesome! Once Winter is near I'll be able to read it again and carefully. I usually read with kindle (or another digital format) now, but I got a physical book not long ago and it was weird -- but nice. There's pros and cons for both of course. I'm going to sell my kindle soon and just use the app instead. I didn't think so at first, but a dedicated e-reader kindle is better than a tablet kindle. At least specifically for reading.

    PS: I need to read your entire INSIDE thread soon too!
     
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  16. pickeringmt
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    pickeringmt Gold Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    yeah, now that I actually have a business I think the book will take on a whole new depth.

    I prefer a physical copy myself - and I am even thinking I may bust out the highlighter and post it notes.

    TMF is an actionable playbook, and I have a feeling that this will be only the first on many re-reads.
     
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  17. ddall
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    ddall continuous self-improvement Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    Based on that review, and the fact that Tony is 'donating all proceeds to charity', it sounds like what Robbins is really doing is creating a giant funnel. Earning trust with the readers based on charity, his alignment against the financial industry, and 'never before revealed insider strategies', he is directing hoards of buyers to pile 1000's of dollars into financial products that do indeed charge high fees. The book is the 'trip wire' and the sell, the financial products he recommends are his back end.
     
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  18. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Not sure what makes me sicker, the deception of the book being a back end upsell, or the deception of him touting the financial markets, as if that's the source of his empire. Sad as I am a big advocate of his Awaken the Giant Within.
     
  19. theag
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    theag Most Aggressive Guy on the Internet on the Planet Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Yup. I also heard that he has a massive backend built for this. He and his affiliates are going to promote the sh*t out of this and will make a killing.
     
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  20. theag
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    theag Most Aggressive Guy on the Internet on the Planet Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    I had it on my "to-buy" list until I read the review.. FLF saved me some money again :)
     
  21. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    The hypocrisy intensifies...

    http://www.entrepreneur.com/article/240206

    As I was reading the comments, I was happy to see someone even mentioned TMF in the comments with a call out to the hypocrisy.
     
    Last edited: Nov 28, 2014
  22. Iwokeup
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    Iwokeup Aut viam invenium aut faciam Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    Linked to a different article, I think.
     
  23. MJ DeMarco
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  24. Iwokeup
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    Sigh. Seems to be another in the genre, "Save now so that you can retire at 70!"

    So now, in addition to Suze Orman and Dave Ramsey, we can now include Tony Robbins.

    BTW, I get constant upsell emails from DR just about daily. SMH.
     
  25. Daniel A
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    Daniel A DIESEL Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    It most likely will. I took a quick look at the equations and Potent Fastlane #1: The Internet ... #7 on that list is E-Commerce. I remember seeing that, but for some reason didn't look into it more. :facepalm:

    I was always hesitant to put any marks in physical books, lol. It feels weird writing and highlighting inside books.

    This.

    Although at least for Stronghold Financial, Tony doesn't get any direct or indirect compensation from them. *According to their website.

    stronghold-robbins-disclaimer.png
     

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