Rating: 
Summary: How the wealthy limit expenses and invest wisely
Review: An excellent book on how the wealthy live frugally,
invest wisely, and struggle with the merits of
leaving a large inheritance to their children. Why
struggle? Once you've accumulated enough capital -
why not Retire Early? Read my complete review of this
outstanding volume at:
http://www.geocities.com/WallStreet/8257/millbook.html
Rating: 
Summary: Starting a second month as a New York Times Best-Seller!
Review: We wish to thank all of our patrons for the success the book has achieved! As of 3/2/97, it will have been on the New York Times' Best-Sellers list for six consecutive weeks. Currently, it is also #6 on Business Week's Best-Sellers list. THE AMERICAN DREAM LIVES!!
Rating:
Summary: Excellent for young couples interested in achieving wealth.
Review: This is a practical approach to accumulate wealth as well as making many excellent suggestions in regards to raising children as it relates to finances and responsibility. Self control is emphasized
Rating:
Summary: This is an outstanding book. I highly recommend it.
Review: This is an outstanding book. I highly recommend it
Rating:
Summary: Very good book--A classic that still rocks!
Review: With great authors like Dave Bach who has written an excellent book "The Automatic Millionaire", sometimes classics like The Millionaire Next Door get shoved aside and forgotten. The Millionaire Next Door should be read in addition to The Automatic Millionaire. I also recommend More Wealth Without Risk by the late, great Charles Givens.The Millionaire Next Door shows how the wealthy became wealthy. It wasn't due to luck, politics, inheriting a fortune or help from the government. It was by developing and applying a few simple disciplines. This book will show you how too.
Rating: 
Summary: Nice work, but let's hear more...
Review: I firmly believe in the principles, having seen it work for several people including my Dad. I live in an area that is like a case study for the book. However, like other reviewers, I feel it would have been nice for the authors to tell us how these folks balance their lives. Although the (car) price per pound thing is factual, I doubt any of the millionaires ever thought or care about this piece of trivia. I understand not overspending on a car, suit, watch, etc. But what is the best vacation they ever took? Not spent the most - but the best. What is the most expensive gift they bought their wife on an anniversary? What kind of mutual funds did they pick? They spend several hours each month addressing their finances. What are they doing? Do they regularly assess the performance of their stocks, or ??? Did any of them not figure out the MND formula until their late 30's, or do you have to be like this from birth in order to make it into the club? In other words, what makes them tick, not just the statistics
Rating:
Summary: Worth a Read
Review: I am an avid reader of "motivational" and "success" books. This book is one that I would classify as "worth a read" Stanley and Danko drive home some hard truths in this book, and expose the mistakes a lot of us make in our perceptions of who really are the millionaires. Not the hyperconsuming lawyers or doctors out there living in exclusive neighbourhoods, but rather the average mum and dad, running their own business, who have learnt how to save their pennies, and invest them wisely. This is not a "rags to riches" book in the sense that it does not cover the inspiring stories of people such as Ford, Disney and Edison. But books on these topics are now dime a dozen. "The Millionaire Next Door" gives us a different perspective on who really are the millionaires out there and how they got that way. It should be noted that frugality is an often repeated word in this book. One thing I do disagree with the authors about, is that once a person does have considerable wealth, I believe that they should enjoy it. After all, life is an adventure - if you've achieved your goals of being financially wealthy, sit back, relax, and enjoy!
Rating:
Summary: Interesting insights into wealth behaviour
Review: I love wealth creation books, and character improvement books.
This one explores the common misconceptions about the habits of wealthy persons, mainly self-made millionares and business people.
The book also gives results of interviews with some of these waelthy people answering questions like " How much did you pay for your most expensive watch, suit, car etc"
It also offers a fascinating insight into how many business people accumulated their wealth.
A real thought provoking book!
Rating:
Summary: Stanley proves of what we already know:
Review: Quiet capitalism provides a more effective and stronger foundation for society than unrealistic communist idealogy.
This book points out the truth that is so often overlooked in today's society: you can indeed live a comfortable retirement on your wage; your financial security is largely based on your ambition, determination, and discipline. The book in question puts this in terms that a "peasant" can understand. A "peasant-class" individual could gain security, afford to educate his children, and thus benefit society in general by following the guidelines in this book.
M. Veiluva "sputnik99", author of the review "The Capitalist Exploiter Leech Next Door" of this book on 2/18/05 would have you feel guilty for realizing the full potential that was intended for ambitious, ordinary workers in a free market society. I am a "cog in the machine" of capitalism; I worked hard in your beloved academia and then put those skills to work in the real world. In the end, this Stanley capitalism minimizes my drain to society and maximizes my contributions, financial and otherwise.
In fact, it is those that neglect the basics Stanley illustrates in his book who end up being "leeches." One person's fiscal irresponsibility costs the next man, indirectly or directly. Consider how we are required to pay for "uninsured motorist coverage" because of those who will not pay auto insurance, frivolous lawsuits, exploitation of government programs, etc. These things all have a negative effect on the cost of goods, services, and the overall quality of life.
The self-titled "academician" would have you believe that his long hours of reading Marxist history and his pompous use of large words make him something of an authority, better equipped than you to judge the effectiveness of this book. In a sense, he who speaks out against a "class system" is perpetuating an invisible, sub-concious class system where he can feel superior to the average Amazon.com customer.
You see, in the Soviet Union, a peasant was just a peasant. He may eat, he may have health care, he may retire, or he may be murdered by Stalin. The author of this book intends to encourage the "peasant" (and yes, M. Veiluva intends to put you down with that term) to find his financial potential through basic and prudent fiscal decisions.
By the way, if Stanley is so wrong, and the book is exploitative propaganda, why has classic Marxism failed so miserably when put into practice in the real world with the imperfections intrinsic to humans? Veiluva himself proves that even a socialist desires to be better than the next man. This book can truly help you find a mindset for fiscal responsibility that will reduce stress in the later years of your life.
Rating:
Summary: A Book People in Today's Society Definitely Need to Read
Review: This book is an excellent book and definitely not deserving of the review it received entitled "The Capitalist Exploiter Leech Next Door". Of course books like this one irritate communist so-called intellectuals like the self-described "academician" who authored that review, and has undoubtedly spent his whole grown up life on a college campus, brainwashing students, while making no useful contributions to society. I must confess that I too am an "academia" type, but my degrees are real degrees, in Electrical Engineering, where through pain-staking hard work, you are trained to actually do something meaningful and constructive, as opposed to coasting through your college career spewing intellectual nonsense, in order to ultimately be able to spend your time indoctrinating captive audiences of impressionable students with propaganda. So I suggest that maybe the author of that review is not qualified to be the judge of what does and does not constitute hard work.
As is stated in "The Millionaire Next Door," it is in fact through hard work and saving that you can become rich in this country. People like the previous reviewer, who are of the communist/socialist inclination, are just envious when they see people reaping the benefits of freedom and making themselves wealthy. They think that wealthy people are exploiting the working "class", but what they do not understand is that since we are in fact a free society, we have the right to run our businesses and conduct ourselves in a fashion that we see fit, which includes being benevolent to those less fortunate. Except, we do it as individuals; we do not rely on the government to do it for us, and we certainly do it much more efficiently (and honestly) than government.
You want to talk about oppression, how about the way anti-freedom governments oppress their people? The individual that wrote that review sees "classes," but in America, we see everybody as God's people, with all the potential that has been given to them by God. But of course, we have the freedom to believe in God. Communist doctrine shuns the belief in God, as it is a danger to people having complete reliance on government.
If you follow the advice provided in "The Millionaire Next Door," you have the definite potential to get wealthy. The book points out some genuine misconceptions about what constitutes wealth, including some that I admittedly had for some time. But to benefit from this book, you have to be willing to make your own path, and not necessarily go with the crowd. Being wealthy is not about flash and glamour. It is about achieving real security, and through careful planning and diligent efforts, not having to work the rest of your life. If you think wealth is all about flash and impressing people, you need to get yourself a copy of this book and read it before it is to late.
|
