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Automatic Wealth: The Six Steps to Financial Independence Audiobook
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(3.06) - 116 listener ratings
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Publisher Description
Best-selling author Michael Masterson explains in plain language how to amass a fortune in 7 to 15 years. To simultaneously generate both income and equity, he recommends cultivating multiple streams of wealth. He offers simple yet profound secrets about stocks, bonds, real estate, direct mail, consulting, and business ventures. Going beyond mere theory, he reveals how ordinary people-taking small, simple steps-actually generate phenomenal wealth.
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"I thought this book had some good tips that weren't just run of the mill. It went into a lot of detail on adding real estate to your portfolio. Nice charts; it seemed like it had pretty sound advice. "
— Kay (4 out of 5 stars)
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“I have known Michael for over twenty years. He has one of the smartest business minds I know. When he gives me advice, I pay attention, and you should, too. Automatic Wealth is full of wisdom and insight filtered by a master and brought to you in a well-written and delightful style.”
— John Mauldin, editor of the bestseller, Just One Thing: Twelve of the World’s Best Investors Reveal the One Strategy You Can’t Overlook -
“I am not usually a fan of this kind of book. One entitled Automatic Wealth made me suspicious. But I am a fan of Michael Masterson, and when I read the book, I was impressed. Masterson manages to go beyond the theory to tell you exactly how real people make real money in the real world. That, I think, is his genius. He's able to open his own eyes and see for himself what actually works. The result is original, clever, and very helpful to anyone who is serious about building wealth.”
— Bill Bonner, coauthor of Empire of Debt: The Rise of an Epic Financial Crisis -
“Michael Masterson has been a great friend of mine for over twenty years. I know for a fact that the strategy he teaches is the exact same strategy he has personally used to amass extraordinary wealth and prosperity for himself. He's reduced a normally daunting process down to six simple and unfailing steps YOU can absolutely use to vastly and rapidly increase your financial situation, often times doubling and redoubling your wealth every few years. This book will become your financial bible.”
— Jay Abraham author of Getting Everything You Can Out of All You've Got: 21 Ways You Can Out-Think, Out-Perform, and Out-Earn the Competition -
“Michael Masterson's book is brilliant and concise, packed with breakthrough insights and unique wealth-building tips. Best of all, it's practical because it combines proven investment and financial planning advice with street-smart business and real estate secrets.”
— Robert Ringer, author of Action!, Looking Out for #1
Automatic Wealth Listener Reviews
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" Great book to get you motivated to start working. "
— Vinnydbullet, 9/24/2013 -
" I read the first half and flipped through the second half. While the author makes some good points, I think I'm just too lazy to follow his methods. Basically he's saying work really hard and you'll make lots of money. I'll just stick with saving 10 percent and not plan on retiring for 40 years. "
— travelgirlut, 9/9/2013 -
" Excellent advice. NOT a get-rich-quick book. Glad to know we are on the right track. Also new steps we will be taking soon :) "
— Becky, 2/25/2013 -
" A great first investment/ finance book. "
— Paul, 6/10/2012 -
" Certainly one of the less sophisticated "get rich slowly" self-help style books. Some decent enough insight and a few good points make it a worthy bathroom read. "
— Barry, 5/5/2010 -
" Great book. I enjoyed this book. I understand i can't apply every part of this book to my life. But a great deal of it is useable. "
— George, 4/29/2010 -
" Excellent advice. NOT a get-rich-quick book. Glad to know we are on the right track. Also new steps we will be taking soon :) "
— Becky, 5/28/2008
About Michael Masterson
Michael Masterson started his first business when he was eleven years old, and in the forty-five years that have elapsed since then, he has started dozens of successful businesses. The author of numerous business books, several of them New York Times and Wall Street Journal bestsellers, Masterson consults for private clients and writes the Palm Beach Letter, a newsletter for individual investors.