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Summary: Five Star Method To Help All Of Us Be Financial Winners !
Review: This brand new 300 page course can be the path to wealth for everyone, not just the big money folks. Robert leads us down the path of wealth, without regard to where we currently stand financially. He provides the basic steps and tools, shows exactly how simple it is to attain wealth, with a minimum of effort, only discipline. He covers retirement, low-risk methods, big consistent gains, and provides great ideas in easy to understand language. There's even info on the best tax shelters for you. His "Money Tree Formula" shows how to create lifelong streams of cash flow, simply. He emphasizes that "every dollar bill is a money seed," helping you realize the value of each single dollar in attaining financial success. Simple to follow charts and worksheets show you the facts and help you plan and track your financial success. Mr. Allen says "divert a few of your ill-spent dollars and funnel them into some well-timed investments, you can achieve financial success." You'll learn the really simple "key" that we generally ignore as we look for the golden goose. I completely agree with his premise that "procrastination is expensive." This is probably the main reason most of us never attain real financial success. One of the best books on gaining wealth that I have read. I intend to put his theories into practice. Consider doing the same. A great idea book.
Rating: 
Summary: Pretty good book. Makes some good points.
Review: The main thing I like about this book is the premise of it. There are pretty much two schools of thought to getting rich in America. The conservative approach is to save and invest for the long term by buying good quality stocks and holding them for the long haul. With diligence month in and month out, you will certainly have a nice pile of money at the end of your working life. The problem with this approach is that you have to wait for years and years and then you enjoy your money. The opposite extreme is to "get rich quick" through various methods like daytrading or what have you.This book takes more of a middle of the road approach. I like the concept of multiple streams of income. It's a different "diversification" strategy than just a defensive strategy. Most people never make it in life because they're so busy either working for a living or protecting what money they have accumulated. This book is different from most in that it talks about income as opposed to accumulation. It doesn't talk about getting rich quick, but I suppose you could get rich quick with some of the methods. It talks specifically about income. Income is what people need to conduct their daily lives. You can't eat the stock you are buying and holding for the long term. What you need are sources of income other than a job. If you lost your job tomorrow, what do you do then? Saving for retirement is great, but what about now while you're still working? You need more than one source of income, and this book tells you how to achieve that. I'm giving this book 4 stars because I like the strategy the book presents. The problem is that some of them are not realistic. Tax lien certificates are not available in all states for instance. Some people may not want to invest in real estate. Overall, it's a good book. If you don't follow any of the strategies, at a minimum you can start thinking about diversifying your sources of income which is certainly a far cry from desperately hanging onto a job.
Rating:
Summary: Excellent Guide for Beginners and Intermediate Investors
Review: "Multiple Streams of Income" is the course on money we never had in high school. For those of us in the "middle class" and "lower class," Robert Allen offers a ray of hope about our financial condition. With some discipline we can get out of debt and not only become financially healthy but also have the opportunity to reach for financial freedom. He sheds some light on a truth that, with a little discipline and persistence, we can participate in the American Dream. In the first four chapters Robert Allen introduces us to some key concepts. He starts off showing us that $1 a day with enough time and invested in the right place can grow into $1,000,000 in less than a lifetime. He then teaches us seven essential money skills and introduces us to the concept of money streams (income) that can pour into our cash reservoir and the leaks (expenses) that can dry up that reservoir. In the third chapter he explains the difference between linear and residual streams of income and how all of us need to develop residual streams of income. He offers his concept of the Money Tree formula, 9 characteristics that a stream of income must have in order to help us out in the long run. In chapter four Robert Allen introduces us to another concept - the three great money mountains - investment, real estate, and marketing. Ten streams of income flow from the mountains that can - with discipline, persistence, patience and wisdom - lead us to financial freedom. The next section of the book focuses on those ten streams of income that flow from the investment, real estate and marketing mountains. In these chapters Robert Allen introduces us to ten different ways we can create wealth. Each way deserves a book of itself, and indeed, Allen does highly recommend that you study further whatever strikes your interest. I really found it refreshing that an author would recommend in his book others who had areas of expertise where he did not. The last section of the book focuses on taxes, shielding your wealth legally and how to create time to work on the streams of income you choose to develop. Those who have long been involved in the different streams of income Robert Allen introduces in his book will find "Multiple Streams of Income" elementary in flavor. But for those of us who find ourselves living paycheck to paycheck and having "too much month at the end of the money" can really learn a lot from this book. Bob Allen introduces us to a new world we didn't know existed and tells us that we can participate in that world too. A note about the web site.... In his book Robert Allen does encourage you to visit his website where there is a ton of other information as well as the opportunity to receive a newsletter and join in on a seminar. The website is an extention of his book. Though some may find this offensive, this provides the reader with an additional opportunity to explore streams of income that can enhance one's financial health. This book is a great graduation gift, wedding gift, anniversary gift, birthday gift.
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Summary: You need Multiple Streams of Income...
Review: I have attended Robert Allen seminars, read his books, and listened to his tapes. Multiple Streams of Income is now #1 in my financial library. Many books and seminars give you a brief overview of the how to make money - this book gives you a step by step plan. By following his system, I have made more residual income during the first four months of 2000, than I made in the entire year of 1999 - that's exciting! This book gives you multiple ways of earning multiple streams of income. With this book, I am proud to have Robert Allen as my personal success coach and mentor.
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Summary: It is a must
Review: This book is a must for ANYBODY who is looking for ways to increase his/her income...One of Allen's recomendations is producing me 4 figures EVERY WEEK!
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Summary: Bad Investment
Review: Robert Allen's book is a waste of time and money. He explores topics that are not reasonable for the average consumer. He gets the juices flowing for most people by dangling the possibilities of vast fortunes in front of his readers. He doesn't deliver. I've found other programs of his to be a disappointment as well. DO NOT BUY THIS BOOK!
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Summary: Absolutely Robert Allen's best work yet!
Review: This is the most informative, nuts and bolts book I have ever read on how the layman can become a millionaire in his or her lifetime. It is jam packed with information and strategies you can use the minute you buy the book to speed you quickly on your way to an abundance of wealth. Most importantly, you learn how to have this abundance in time to enjoy it yourself as well as being able to leave your heirs a huge estate. Bravo!
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Summary: Extension of Rich Dad Poor Dad
Review: I studied Kiyosaki and Allen brings us one step further. Not only does he show us what to do, but tells you how to do it in an easy and manageable way for anyone to apply! This is a great investment.
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Summary: Definitely worth buying, BUT...
Review: Overall a book worth reading and owning, if only for its inspiration. The basic finance and infopreneuring chapters are strongest, and his writting style is friendly and accessible. BUT...some of his strategies are probably too risky for most people (options), and others may be entirely ill-advised (the fees for most variable universal life policies are ridiculous).
Rating:
Summary: Multiple = Maximum!
Review: This book shows how to generate passive income while you're sleeping. Great concepts and very accessible. As Michael Gerber, author of The E-Myth Revisited says, "If your business only depends on you, when you're out for lunch, you're out of business." Robert Allen dispels the myth that the harder you work the richer you get. It's a matter of managing and leveraging your income. This book is an excellent investment.
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