muses of the moment

January 15, 2015

What has groovygirl been reading?

totallygroovygirlfriday has been super busy with real estate the last few years. Things are going well so far.

Groovygirl came across an interesting book by Tony Robbins. It’s called Money, you may have seen it. Tony has been making the rounds on TV/internet.

This is a heavy book, very dense (600 pages). It doesn’t focus on gold or silver. But gg likes it because it gives an overall education regarding investing , especially 401ks. (You know how gg feels about 401ks.) This goes beyond debt reduction and teaches you about investing and what to look out for.

If you are an advanced investor, don’t worry about it. But if you have a friend that is out of debt and looking for the next lessons to learn, suggest this book. Tony’s cheer-leading way of writing may help give a boost where you fail with a friend. Investing and markets can so confusing and depressing sometimes, that people just give up.

600 pages….skip around for the info you need, if you find that overwhelming.

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4 Comments »

  1. Happy New Year, GG! If it’s not too personal, I would like to hear more about your real estate adventures

    Comment by Anonymous — January 16, 2015 @ 12:17 am

  2. What ere your main take always from the book GG?

    Comment by Mikephila — January 17, 2015 @ 12:10 am

  3. Happy New Year, GG! Any predictions you are hearing about for stocks and metals?

    Comment by Benmark — January 17, 2015 @ 11:27 pm

  4. Long term investing (20+ years): if you don’t know what you are doing, invest outside your 401k in an S&P no-fee index fund. If you do know what you are doing, spread your investments over 5 investment classes equally outside your 401k: cash, real estate, commodities (including gold), bonds, and stocks. Know the market and focus on national or international investments in each asset class.

    Fees will kill your investment return over the long term.

    gg

    Comment by totallygroovygirlfriday — April 21, 2015 @ 10:53 am


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