Tony Robbins is a world-class teacher & his speeches & seminars are having big impacts in the lives of millions. Like most of the inspiring characters, he also started with nothing. His father was a truck driver & he started his career as a Janitor. Soon he realized that this will not take him to his dream. So, he started to change his thinking, his lifestyle, his character & eventually changing his destiny. As the name suggests, Money Master The Game is a book about money & how can one become rich irrespective of the current situation.
He was saddened by the fact, there are so many people in the world who are not able to fulfill their financial dreams for some reason or the other. So, with his knowledge & his connections, he framed a path which is proven & stamped by top people of the world in the financial industry.
Like any new field, investing is also a field which requires a reading & understanding of underlying principles. There are lots of valuable points explained in the book. The detailed explanation of each point is fantastically written & well described. Most of the people ignore investing or saving because of the pessimist approach to life. Like money is not good, it is evil, or what if we are dead tomorrow. All the points are a getaway to avoid pain which is caused due to sacrifice.
In the book, it has been mathematically proven that one can enjoy a leisure life even with a minimum balance. The path is clearly constructed & it is your responsibility to follow it. There are many ways which will help you plan your portfolio in a balanced way. By the balanced way, I meant it will account for inflation, deflation, recession or any rainy days.
There are many ways through which one can invest some of these are funds, commodities, stocks etc. One should look to invest aggressively during the early phase of life & wait to reap rewards during the latter half of the years. Based on your capabilities you should decide your budget either to invest or to save.
The basic principle of the book regarding how much to save, invest & for rainy days is somewhat similar to 10% rule explained in the book The Richest Man In Babylon. So, basically, the principles are the same across most of the investing books. It is just modes that you choose to invest in.
If it was a far fetched dream to retire rich, this book will change your notion about that. I am personally using many of the tips & tricks mentioned in the book & also tweaked my portfolio based on the points mentioned in the book. I really liked the concept explained in the book, which is basically is maths & vaguely believe that it can be achieved. So, if you are on this journey with me, maybe we can both track my progress & update this post accordingly. But, one thing that should be noted is that wealth building is time-consuming ;).
You can check my work at http://www.markmyadventure.com/