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MONEY Master the Game: 7 Simple Steps to Financial Freedom

Series: Tony Robbins Financial Freedom Series

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'MONEY Master the Game: 7 Simple Steps to Financial Freedom' by Tony Robbins is a comprehensive guide to financial knowledge, offering vital lessons to improve one's financial outlook. It includes interviews with various financial experts like Marc Faber, Paul Tudor Jones, and Ray Dalio, providing insights on investing psychology, asset allocation, and risk management. emphasizes the importance of educating oneself about the intricacies of the financial industry to protect against exploitation and deceit. Tony Robbins is commended for his efforts to help the average investor gain tools for wise and safe investments.

Writing/Prose:

The writing style is informal and engaging, making financial topics approachable while providing practical insights through interviews.

Plot/Storyline:

The book focuses on interviews with financial experts and practical advice, making complex financial concepts accessible, and emphasizing the importance of informed investing.

Setting:

The setting reflects the contemporary financial landscape, focusing on personal finance and investments relevant to today's market.

Pacing:

The pacing is steady and varies, with some in-depth chapters and quick sections providing actionable advice.

Notes:

The interviews in the book offer unique insights from financial experts that aren't commonly found in other finance books.
Ray Dalio's All Weather Portfolio is emphasized as a safer investment option compared to broad market index funds.
Tony stresses the importance of having an independent Registered Investment Advisor to avoid conflicts of interest in financial advice.
The book educates readers about the pitfalls of the dual registration of financial advisors, which allows them to provide potentially biased advice.
A significant focus is on the importance of the first three years of retirement on long-term financial health.
Tony Robbins highlights how giving and philanthropy can enrich one's life beyond mere wealth accumulation.
The book challenges many common market myths and misconceptions, especially regarding investment advisor fees and returns.
Carl Icahn is noted for his activist investing, which can lead to positive changes in underperforming companies.
John Bogle is credited with revolutionizing investing for the average person through index funds, and his advice is highly recommended.
Some interviews, like those with Warren Buffett and Kyle Bass, didn't provide new strategies but reinforced established investment principles.

From The Publisher:

Tony Robbins turns to the topic that vexes us all: How to secure financial freedom for ourselves and for our families. "If there were a Pulitzer Prize for investment books, this one would win, hands down" ( Forbes ).

Tony Robbins is one of the most revered writers and thinkers of our time. People from all over the world-from the disadvantaged to the well-heeled, from twenty-somethings to retirees-credit him for giving them the inspiration and the tools for transforming their lives. From diet and fitness, to business and leadership, to relationships and self-respect, Tony Robbins's books have changed people in profound and lasting ways. Now, for the first time, he has assembled an invaluable "distillation of just about every good personal finance idea of the last forty years" ( The New York Times ).

Based on extensive research and interviews with some of the most legendary investors at work today (John Bogle, Warren Buffett, Paul Tudor Jones, Ray Dalio, Carl Icahn, and many others), Tony Robbins has created a 7-step blueprint for securing financial freedom. With advice about taking control of your financial decisions, to setting up a savings and investing plan, to destroying myths about what it takes to save and invest, to setting up a "lifetime income plan," the book brims with advice and practices for making the financial game not only winnable-but providing financial freedom for the rest of your life. "Put MONEY on your short list of new books to read…It's that good" (Marketwatch.com).

November 2014
688 pages

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