Book Reviews
The Solomon SecretAge-old and timeless, the proverbs of King Solomon provide a strong foundation for the financial advice offered by author, Bruce Fleet, in this book. Incorporating the lessons of King Solomon in a story involving a young boy, Abidan, Fleet provides sound financial guidelines for modern day investing, as well as for modern day living. The author's willingness to share his personal financial failures is courageous and honest. The Solomon Secret is an interesting read for anyone, not just for those seeking financial advice.
The Solomon SecretThis was a quick read, which is necessary for me, mother of 4 kids ages 6, 9, 11 & 12! It was so interesting and the principles are simple and I can't wait to put them into action in my life. I am also excited because I want to read parts of it with my kids so that they can have these truths in their foundations for life. What an amazing life we can have! I already have a list of people that I want to tell about this book! I highly recommend this book to everyone!
The Solomon SecretThe Solomon Secret is inspiring and convicting. Built on solid Biblical principle; drawn with real-life experience and application, I recommend the Solomon Secret to all ages and financial position. At the end of each chapter are pointed questions, which makes me think and re-evaluate the financial messages I'm sending in my family. I recommend this book as a guide and workbook toward healthy financial stewardship.
The Solomon SecretBruce Fleet has captured important and time tested philosophies about life, value, worth as well as finance. This is truly a book for everyone. You will find yourself entertained by the story line context the author weaves into the narration, as well as the down to earth lessons that everyone should read, re-read and think about as it pertains to their everyday life. I highly recommend this book to everyone. It is a quick read, but one that will inspire you to think long and hard, both while reading and afterwards, about your life, your life's values, and the priorities you maintain, or should maintain. Great book and strongly recommend it. You will find it valuable for yourself, and simultaneously thinking of many others you know who will also benefit from its lessons and messages.
Demystifying Wall StreetWell written and entertaining. Fleet "shoots from the hip" but is "to the mark" in my estimation. Worth the price, but more important, worth the time to read!
The Solomon SecretI was hooked from the start. There are 2 books within this book. One is a captivating story and the other is factual lessons. I started applying some of the lessons already. Mr. Fleet exposes some of the mistakes he has made thru the years and I can relate to some of them. I finished the book in 2 days and wanted more. I want my children to read it and bypass some of the mistakes that are easy to make.
Demystifying Wall StreetFortunately for me,I was able to get the last copy of this book from my local book store and can now highly recommend this for anybody who has interest in smart investing. I have been a client of a Major Wallstreet Brokerage house , and have experienced so many examples sighted by Bruce Fleet in this well written book. It is now most clear that the clients interests are subjugated to the interests of the money managers and their hierarchy. Merrill's Thain received $15 Million Bonus for '07 is an example. Be sure and read page 131 ,if your Broker is not available to your needs. Bottom line, you can not afford to ignore this insightful read--it will give you the means and motivation to greatly improve your own financial strategies. One thing for sure - you won't be given this book by your current WallStreet financial Adviser!
Demystifying Wall StreetI enjoyed reading the book a lot. Bruce Fleet tells you like it is. He helps you think how you can avoid the proverbial "used-car salesman" in investing your hard-earned money. All of us want to deal with honest people. Bruce helps you in understanding Wall Street from the other side so that you may find honest people. Unfortunately, the Wall Street is full of people who care about their compensation much more than they care about your returns. Their huge compensations do indeed come out of your pocket whether you make money or not. Indirectly, the brokers, financial advisors and others take away a substantial bite out of your money. From his personal experiences, Bruce tells you more directly about how Wall Street intermediaries take away a lot of your returns than other champions of the cause have tried. (For example, John Bogle of Vanguard and Arthur Levitt have also tried to educate the investors and have written excellent books.) Whether you invest $1,000 or $10,000,000, I recommend that you read this relatively shorter book. I really like Bruce's conclusion, "... the person handling your money should not be paid as a car salesman." A simple lesson from this is to ask, "How is the financial advisor paid?" Please read chapter 11 carefully. Then, you can figure out the underlying incentives of the brokers and financial advisors. If you ask better questions (where this book will help you), you will get better answers and find honest people. I am writing this on the day when a $7 billion loss, potentially the largest ever, is discovered from an alleged rogue trader. It makes me think that when small investors like you and me lose money or don't earn the right amount, those losses don't make headlines. However, you can educate yourself to protect your wealth and also help increase your returns by educating yourself about the other side (Wall Street). There are many books that claim to teach you how to make a few percentages more than the market. Those arguments are often not well founded. However, Bruce teaches you how to potentially earn more by simply not losing enough of what you may be entitled anyway. He also has chapters on risk tolerance and getting to be in touch with your inner self. There are very few books like this one and I recommend it highly.
Demystifying Wall StreetBruce Fleet is the Kevin Trudeau of Wall Street. There is a huge audience that can benefit from this book. For the typical American with investments in IRA's and 401K plans this is a must read. This will answer some questions like why my account is constantly being turned over, why the offices of the brokers I work with are posh and luxurious, why I am only getting modest returns, and how the heck do these people get paid? Stand up for yourself, go to page 147 in the book, and ask your broker the questions listed there. If they start to blink or get nervous - maybe it's time to find a new broker.
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