A real estate investor who owns over 1,000 units shares the 21 investing, personal development, and leadership books that helped him find financial freedom at age 36
He shared the 21 books that helped him achieve financial freedom at age 36.Within a span of just 13 years — from the ages of 23 to 36 — Dave Allred purchased his first real estate property, made his first million dollars, andNone of that happened by coincidence. Instead, Allred was able to find financial freedom for himself and his family through a meticulous process he referred to as"" his family's cost of living.
"It's about amassing assets that make money for you," he said, adding that Kiyosaki also teaches how to differentiate between buying assets versus liabilities."I love how it explains the difference between being an employee versus an investor versus a business owner, and how our tax code affects each one of those different roles.
The hardships he faced, however, eventually turned into Allred's motivating factor to reset the standard and build a legacy of wealth for himself, his wife, and their four children. He believes that winning at the game of money is much more about mindset than logistics — a concept illustrated in Hill's book.
But in this book, Dalio does just the opposite. He successfully zooms out to put what's happened in the past into today's context, giving an incredible perspective on human history and psychology, said Allred.The biggest takeaway from this book, Allred's favorite, is that an individual's thoughts shape their character, their character shapes their actions, and their actions shape their circumstances.
"I was 30 years old on a Sunday; I remember very clearly. I sat down for four hours and I was like, okay, I'm going to reverse engineer this whole process and get a clear blueprint on how to achieve financial freedom," he continued."So I started off by figuring out my family's cost of living."
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
6 tips for stock market investing in 2023: high net worth CIO strategyHere are 6 tips to navigate this year's stock market, according to the CIO of a wealth management firm for high-net-worth individuals
Read more »
Salesforce succession plan would appease activist investorsThere are growing expectations that Salesforce is readying a succession plan to appease activist investors. 'There's not a lot of people sitting on the bench,' one analyst said.
Read more »
10 Places Wall Street Experts Say to Invest Amid High Risk For StocksTop Wall Street strategists and money managers are warning that the risk-reward ratio for stocks is at its worst since the 2008 crisis. Here are 10 places they say to put your money instead with further downside expected for the S&P 500.
Read more »
Big home-flipping companies are basically as flawed as ticket scalpersInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
How to invest, what to buy as international stocks rally: top fund managersHere are the 5 best ways to take advantage of a comeback rally for foreign stocks, according to 5 market-beating international fund managers
Read more »
Gen Z is more enthusiastic about Apple iPhones than Android phonesInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »