1) Who Moved My Cheese by Spencer Johnson
If a Stock is Not Working for You Anymore, Get Out.
While this sounds subjective, it has several important meanings such as: If a company has reduced your dividends and you do not see upside stock potential where your stock has lost 8% or more recently, then maybe you can get out of the position and cut your losses. See: Johnson, S. (1998) Who Moved My Cheese? An Amazing Way to Deal with Change in Your Work and in Your Life, London: Random House.
2) The Way to Wealth by Benjamin Franklin
Make Use of Your Investments . As Ben Franklin said, " We are taxed twice as much by our idleness, three times as much by our pride, and four times as much by our folly, and from these taxes the commissioners cannot ease or deliver us by allowing an abatement.”
See: Franklin, B. (1993) “The Way to Wealth” in Benjamin Franklin: Autobiography and Other Writings, O. Seavey (ed.), Oxford: Oxford University Press.
3) The Science of Getting Rich by Wallace Wattles
Convey the Impression of Increase to Your Customers. Look for the value in your investments. If you can clearly see how the company's services or products are providing solutions; then, you have isolated the ability of the product to increase the lives of others. If you have not read this 100+ year old book, do it. It is quite an astounding piece of prosperity writing from the turn of the century, and the book is concise. See: Wattles, W.D. (1976). Financial Success through the Power of Thought [The Science of Getting Rich]. Rochester, Vermont: Destiny Books. (Written originally around 1910). or How to Promote Yourself by Wattles - Lulu Press ISBN-10: 0615223494
4) Rich Dad Poor Dad by Robert Kiyosaki
Getting Your Assets to Work For You 24/7 is the Key to Cash Flow
Kiyosaki famously stated, "“Rule one. You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know.”
See: Kiyosaki, R. with Lechter, S. (1997) Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money… That the Poor and Middle Class Do Not! London: Time Warner.
5) Buffett - The Making of an American Capitalist by Roger Lowenstein
There is No Income Tax Due While Holding Great Growth Stocks. While this may sound like old news, holding great stocks is the oldest form of owning a deferred tax growth investment. Further, growth with dividends is the greatest way to have cash flow and potential upside. See: Lowenstein, R. (1995) Buffett: The Making of an American Capitalist, London: Orion.
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