One advisor from JP Morgan recommends active management, whereas Jack Bogle states indexing is the way.
Get more from MarketWatch.I thought Jeremy did a good job of reading the material, but hes no Tony Robbins.Cullen Roche is the founder.On the positive side, for readers who are just starting to invest, the book does have a lot of information that youll likely find helpful.Robbins refers to it as a never-before-revealed strategy, but the All Weather strategy has been well-documented and is even replicated by many fund companies.The best-investing nugget I got out of reading the book was about yoga retreat bali tripadvisor asymmetric risk/reward.
In fact, it is nothing more than a cookie-cutter bond-heavy asset allocation.
Its not the first time hes done this.
As Tony does with all his other material, hes constantly mixing education, entertainment, windows xp professional sp3 english patch name dropping and upselling of other products and services throughout the book.
Be forewarned if you purchase the audiobook version of the book: While Anthony Robbins does read the book, he only does the first and last chapters.
This section gives a much stronger reason why we should save and the intermediate goals to get to my final destination.
He holds the Ray Dalio All Weather strategy up as if its some sort of genius asset allocation, but as I previously noted, the Tony Robbins All Weather is not really Dalios All Weather approach.He also stresses the idea of saving, but makes the classic fallacy by misunderstanding that aggregate saving cannot lead to more saving.Was on the verge of a fiscal crisis.In case you don't want to buy the book, here are the resources I wrote virtual drive pro 14 serial down as worth checking out for next steps: Fiduciary px, stronghold m - All Seasons Portfolio 401k m/401k-fee.This book is in a style similar to his other books.Its not as good as I was expecting but is still an interesting read.Editors Note: A brand-new paperback edition of Tony Robbins money Master the Game has just been released.Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and, understanding the Modern Monetary System.But the Tony Robbins portfolio, which Dalio himself says is vastly oversimplified, is just a bond-heavy allocation that performed well over the 30-year period when bonds were in a bull market.Again, the commentary seemed to contradict itself consistently.First, I am excited that someone of Robbins stature and reach is taking this topic seriously.Ill first say for full disclosure, Im a fan of Tonys previous work and have attended.