July 02, 2007
Alison's Book Review
We've been focusing on the idea of Cash Flow investing lately. So I gave our radio listeners some resources to reference for more information on the topic. I thought it would be useful to list them here too. First, let me say that I'm a pragmatist. I know I can suggest that folks read all of these great books but people are busy. So, if you can't spend time reading, then try listening to books on your iPod or a similar device.
I also mentioned the well known fact that most people are taught next to nothing about money. What's worse is that many of us find out what not to do (the hard way) before we finally get around to handling money well (assuming that ever happens). I can tell you that my family's money advice was rather vague: "Don't spend too much!" or "Geez, you just got that money and it's already burning a hole in your pocket?!" (this one, I'm afraid was often true).
So here are three excellent websites for audio books. I think they're a great start to learning more about money issues: Audible.com, Simplyaudiobooks.com and Recordedbooks.com. When I typed in the keyword "money" at Audible.com it gave me 15 pages of results with a wide range of choices. You can get more academic choices like Milton Friedman's "Money Mischief" or the more practical "Money Wisdom" by Suze Orman and just about everything in between.
The books I mentioned on the radio show were: "Cashflow Quadrant: Rich Dad's Guide to Financial Freedom" and "Rich Dad's Who Took My Money?: Why Slow Investors Lose and Fast Money Wins!" These two relate to Cash Flow investing specifically. When I performed a search at Audible.com I found both books available for download as well as several others by Kiyoaski. Finally, I highly recommend that you check out Kim's reading list under the resources tab at www.kimsnider.com. I've read several of her suggested books and I got a lot out of each of them.
Kim Snider, Kim Snider Financial Communications and/or Snider Advisors make no representation that the information and opinions expressed are accurate, complete or current. The opinions expressed should not be construed as financial, legal, tax, or other advice and are provided for informational purposes only. Call 866-952-0100 to request the Snider Investment Method Owner's Manual, which includes a description of the Snider Investment Method, investment objectives, risks, suitability and other information. Please read and consider carefully before investing. All investments are subject to risk including possible loss of principal.
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