Synopses & Reviews
Popular speaker, multimillionaire, and author of the all-time bestselling real-estate book Nothing Down
, Robert G. Allen knows how to bring you financial success. With his seminars sweeping the nation, Allen is at the cutting edge of strategic wealth creation now more than ever. And in this completely revised edition of his classic bestseller Creating Wealth
Allen gives you the basic principles that you need to stop thinking poor and start growing rich.
Moving beyond just real estate, Allen goes straight to the core of people's inner motivations and beliefs about money to give you all the fundamentals of wealth creation. By developing a wealthy mind-set, anyone can take off into financial self-reliance -- and Allen shows you how. He explains the ways in which most of us have been programmed to think that only saving is good and debt and risk are bad, so that in our efforts to gain security, we cheat ourselves out of getting rich. The key to changing that mind-set is Allen's unique integration of real estate with other wealth-generating investments.
In his trademark, easy-to-understand style Allen spells out all his practical applications and shows you how to:
- Take advantage of recent tax laws
- Use leverage to multiply holdings while minimizing risks
- Benefit from high-yield discount mortgages
- Acquire long-term profits in gold and silver coins
- Set up corporations and trusts to protect assets
- Find the highest rate of return with the greatest liquidity
As Robert Allen has proved in his own life -- becoming a multimillionaire well before he was thirty-five -- it doesn't matter how much or how little money you have when you start as long as you understand the right principles -- timeless principles that can make you a fortune.
"It provides a good lesson for all of us to follow -- a life of positive action."-- Nashville Banner
"If you are serious about making profits in real estate, you must read Robert G. Allen's outstanding new book."-- Chicago Tribune
"Allen's second book . . . provides a sophisticated investment strategy -- for achieving wealth and keeping it."-- San Francisco Examiner
"It provides a good lesson for all of us to follow -- a life of positive action."
-- Nashville Banner
"I have just finished reading Creating Wealth for the second time and will say this book is definitely the best financial text I have ever studied."-- Jeff Rickerson, Jefferson City, Missouri
"Thank you very much! You have given me the knowledge, the courage, and the direction to secure my own financial independence."-- Robert J. Evans, St. Charles, Missouri
"Your book has really paid off for me."-- Dane R. DeForest, Olympia, Washington
"Hallelujah! A brilliant 'down-to-earth' step-by-step book . . ."-- William O'Riley, Houston, Texas
About the Author
Robert G. Allen is one of America's most famous and most influential financial advisers of all time. After graduating with an MBA from Brigham Young University in 1974, Allen began making small real-estate investments, transforming his tiny nest egg into a large, multimillion-dollar net worth in a few short years. He shared his powerful system with the public in the #1 national bestseller Nothing Down, with forty-six weeks on the New York Times national bestseller list. He followed that success with Creating Wealth, with well over three quarters of a million copies in print. His other major bestsellers include Multiple Streams of Income and The One-Minute Millionaire. For over twenty years, Robert Allen has been successfully sharing his wealth-building techniques in popular seminars throughout the fifty states and Canada. A popular television and radio guest, he has appeared on hundreds of programs, including Good Morning America and Larry King Live. He has also been featured in such national publications as The Wall Street Journal, Newsweek, Barron's, Money magazine, and Reader's Digest.
Table of Contents
Part One \ The Foundation
1 \ We Were Programmed to Fail from the Moment We Were Born
2 \ Developing a Wealthy Mind-Set
3 \ A Fool and His Money Are Soon Parted: Master the Seven Principles of Wealth
Part Two \ The Creating-Wealth Strategy
4 \ Launching Yourself into Financial Self-Reliance
5 \ The Automatic-Pilot Principle
Part Three \ Concentrating: Being in the Right Place at the Right Time
6 \ Cookie Cutters: Geese That Lay Golden Eggs
7 \ The Lazy Man's Method: Making the Opportunities Come to You
8 \ The Win-Win Philosophy: How to Achieve Win-Win Wealth in a Win-Lose World
9 \ Leverage: I Love Debt!
10 \ Overcoming the Three Major Problems That Leverage Creates
11 \ I Hate Real Estate!
Part Four \ Perpetuating Wealth: Spreading the Risk
12 \ The Coming Enormous Profits in Discounted Mortgages
13 \ Numismatics: The Secret of the Midas Touch
14 \ Liquid Money and Where to Pour It
15 \ Limited Partnerships: Getting a Piece of the Action
16 \ How the Rich Pay Lower Taxes
17 \ Insulating Your Assets from Lust, Liability, and Lawyers
18 \ Do-It-Yourself Financial Counseling
Part Five \ Real Wealth
19 \ Education: The Shortest Distance Between Wealth and Poverty
20 \ Wealth Is Thoughts, Not Things
Postscript: You Can Take It with You