You are more than the moment. You are more than your economy. You are more than any challenging time you may face. You are soul, spirit, and essence and you are truly šš§š¬š”šš¤eššš„š šŖ
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Book = Unshakableā
Author = Tony Robbins ( my all-time favorite ā¤ļø)ā
Publisher = Simon and Schuster
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Intro š²š²ā
The book was written in 2016. Since then it has become a New York Times bestseller. We all think that becoming rich is very difficult and only a few can achieve it. This myth is broken š in this book. It's one of the most simplistic and logical books I have ever read on a financial matter ā
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Main part š²ā
The book provides the in-depth strategies and techniques of all world-famous investors like Warren Buffett, Ray Dalio, Richard Branson, and how they see investing which is quite different as we all see. The main advice Tony gives to common people is to invest in low-cost index funds because of minimizing fees and taxes. And for those who want to become professional and want to earn million, there are four things which you should never forget.
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1) šš¼š»'š š¹š¼šš²( if you lose 50% in the market you will need 100% gain just to recoup your loss)ā
2) šš¬š²š¦š¦ššš«š¢š šš¢š¬š¤/ššš°šš«š
( Only risk 1 dollars to gain 5 dollars just example)
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3) ššš± šššš¢šš¢šš§š ( Tax can take 30 to 50% so always try to reduce it)ā
4) šš¢šÆšš«š¬š¢šš¢šššš¢šØš§ (Don't put all egg in one basket diversify in stocks, bonds, countries)ā
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Conclusionā
If you master this four principal and understand rest of facts in the book no bear marketš»can ever destroy you but will make you stronger šŖā
One of the easiest and simple books I ever read you will enjoy it a lot
Buy on Amazon
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