tag:blogger.com,1999:blog-14245531.post113675145696771483..comments2023-11-18T01:21:55.631-05:00Comments on My Open Wallet: Personal Finance Books: What's the Next Big Thing?Madame Xhttp://www.blogger.com/profile/11536189690094235926noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-14245531.post-1156278438596249242006-08-22T16:27:00.000-04:002006-08-22T16:27:00.000-04:00For those new to the Rule #1 process, I invite you...For those new to the Rule #1 process, I invite you to check out http://ruleoneforum.com<BR/><BR/>This is an open discussion group dedicated to the teachings of Mr. Town and the Rule #1 Method.<BR/><BR/>With nearly 1000 members and new posts/discussions daily, you will have access to volumes upon volumes of user-submitted information and insight.<BR/><BR/>Our members have developed numerous automated techniques to aid you in the process of gathering a company's "Big Five" and reaching an appropriate Margin of Safety.<BR/><BR/>To date, we have have uncovered around 70 "gems" that meet or exceed the Rule #1 criteria. Ongoing discussions of each of these businesses pull up some very useful information that will aid you in choosing your investments wisely.<BR/><BR/>Also, you will find a section of the forum that is dedicated to monitoring the active trades of these potential Rule #1 candidates.<BR/><BR/>With nearly 1000 pairs of eyes and ears in direct contact with the market, it is a great way for you to bolster your confidence by getting that extra confirmation from your fellow members who are very much interested in the same investments as yourself.<BR/><BR/>So come check us out, our membership base comes from all experience levels. Those new to the Rule #1 philosophy and those who have been trading for 40 years and finally feel like they can make sense of this chaotic market.<BR/><BR/>And as always, if there is anything I can personally do to improve you experience with the website, please feel free to contact me any time!<BR/><BR/>Warm Reguards,<BR/><BR/>Justin Brand<BR/>admin@ruleoneforum.com<BR/>http://ruleoneforum.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-1136904992100116212006-01-10T09:56:00.000-05:002006-01-10T09:56:00.000-05:00Great post... I mentioned your Loral review today ...Great post... I mentioned your Loral review today on Sitting Pretty!Nina Smithhttps://www.blogger.com/profile/07073245192107488505noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-1136868897270753202006-01-09T23:54:00.000-05:002006-01-09T23:54:00.000-05:00Excellent Post!I received a copy of Loral's book. ...Excellent Post!<BR/><BR/>I received a copy of Loral's book. It is interesting and VERY different. This book is going to step on a lot of toes.<BR/><BR/>One thing that bugs me about her book is that it seems to be an advertisement for her "Wealth Building Community." She wants you to build your own companies with "experts" to help you out. Guess where you find the experts? Through Loral's company.<BR/><BR/>I hope to review this book in the near future.<BR/><BR/>Later,<BR/><BR/>JLP<BR/><A HREF="http://allthingsfinancialblog.com" REL="nofollow">AllThingsFinancial</A>JLPhttps://www.blogger.com/profile/10233425972214458090noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-1136849366566530222006-01-09T18:29:00.000-05:002006-01-09T18:29:00.000-05:00"Too many books have said all the same things, abo...<I>"Too many books have said all the same things, about cutting expenses, paying yourself first, maximizing 401k savings, etc."</I><BR/><BR/>Yep. But to strain the point, we all know the way to lose weight (eat less, exercise more, etc.). Yet there still seems to be a popular new diet that captures the public's imagination every couple of years. As long as there really isn't a "one size fits all" diet/exercise program (or savings/investing regimine), then the equivalent of easy fixes that tell people what they want to hear will be popular.<BR/><BR/>And the good news, for authors and publishing houses, is that there are large and numerous niches. There will be popular real estate authors, get out of debt programs, and even doomsayers telling you the world is going to hell tomorrow (has Ravi Batra ever been right about anything?).<BR/><BR/>I haven't read a personal finance book in at least a decade, but I do have a question on who is out there now. Is there a Dr. Phil (for lack of a better way to put it) of personal finance? Someone who tells you quit being a victim and take charge? I'm guessing Suze Orman is pretty close, but I'm not sure. I ask because I would guess that pop psychology trends and personal finance trends are interwoven.<BR/><BR/>OK, I'll stop rambling now. It's been a long day...Dwighthttps://www.blogger.com/profile/13688525659034403580noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-1136847617179839602006-01-09T18:00:00.000-05:002006-01-09T18:00:00.000-05:00caitlin-maybe what's "contrarian" about Kiyosaki i...caitlin-<BR/>maybe what's "contrarian" about Kiyosaki is that he says to buy assets not liabilities, and to always cash flow, while nowadays most RE "investors" do the opposite and are putting their money into negative cashflow properties.<BR/><BR/>(somewhere in that statement i just made is some deep-rooted spite about the stupid housing-bubble conundrum this country's gotten itself into...)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-1136847068009782672006-01-09T17:51:00.000-05:002006-01-09T17:51:00.000-05:00i can tell you i've had a sneak peak at phil town'...i can tell you i've had a sneak peak at phil town's book - it's pretty wonderful. very engaging and readable. dare i say "empowering"? i think his edge is going to be his ability to make direct investing in the market seem easy and intuitive. and he blows holes in the notion that mutual funds will secure anybody's financial future.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-1136834719652450772006-01-09T14:25:00.000-05:002006-01-09T14:25:00.000-05:00Great post...those two books both look interesting...Great post...those two books both look interesting to me.<BR/><BR/>But I really wonder what PW sees as "out of the ordinary, even contrarian" about Kiyosaki. I know a lot of people really like him, and whatever works for people I am all for, but all he's saying is "buy assets, not liabilities" IMO. Which seems extremely basic. Maybe I'm missing something (I only read RDPD and wasn't inspired to read further)<BR/><BR/>I am starting to think that the big successes are the people who take a very standard, simple idea and just market the hell out of it.Caitlinhttps://www.blogger.com/profile/07099173870125319819noreply@blogger.com