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Money Master The Game – TONY ROBBINS

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    • ASIN :  1471148610

 

    • Publisher :  Simon & Schuster; Export edition (12 October 2016)

 

    • Language :  English

 

    • Paperback :  688 pages

 

    • Item Weight :  450 g

 

    • Dimensions :  13 x 4.5 x 19.8 cm

 

  • Condition : New
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“Money Master the Game” by Tony Robbins, a renowned life and business strategist, was published in 2014 with the primary objective of providing readers essential financial advice and strategies to attain financial freedom and secure their financial future. The book can be summarized as follows:

Tony Robbins starts the book with an emphasis on the significance of mastering money to take control of one’s financial destiny and build lasting wealth.

He likens the financial industry to a “game” with its set of rules and players, which significantly influence people’s financial outcomes. Robbins stresses the need to understand this game to make informed financial decisions.

The book outlines seven fundamental steps to achieve financial freedom, encompassing setting clear financial goals, becoming an educated investor, and maintaining discipline in one’s approach.

The first step involves making a decisive commitment to attain financial freedom and taking full responsibility for one’s financial future.

Robbins highlights the importance of self-education about money and investing in the second step. Understanding financial principles is crucial for making sound decisions.

In the third step, Robbins advises learning from the world’s most successful investors and financial experts. He shares insights from interviews with renowned figures in the finance industry.

The fourth step involves creating a customized financial plan tailored to individual goals, risk tolerance, and time horizon. Diversifying investments is advocated to minimize risk.

Staying disciplined and committed to the financial plan, even during market fluctuations, is emphasized in the fifth step. Emotional decision-making is discouraged.

Robbins discusses the investment strategies used by the wealthiest investors and how ordinary people can apply these strategies to their own portfolios in the sixth step.

The seventh step involves taking action on the financial plan and continuously monitoring and adjusting it as necessary.

The book sheds light on the impact of hidden fees and charges in investment products, which can significantly reduce returns over time.

Robbins introduces the concept of the “Core Four” investment portfolios, consisting of stocks, bonds, real estate, and alternative investments, as a means to diversify and optimize returns.

Understanding one’s emotions and psychological biases when it comes to money is crucial to making rational financial decisions, as discussed in the chapter on mindset and emotions.

The book emphasizes that true wealth encompasses more than just money; it includes health, relationships, and personal fulfillment. Balancing all aspects of life is vital for achieving genuine wealth.

Overall, “Money Master the Game” aims to empower readers with the knowledge and tools to navigate the complex world of finance and investing, ultimately helping them achieve financial freedom and lead fulfilling lives.

Weight 0.4 kg
Dimensions 25 × 15 × 5 cm
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