Saturday, July 03, 2004

Book Review -- Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth, Second Edition

Multiple Streams of Income is a whole lot of hype punctuated with just as much bad financial advice. Like a carnival barker, each in your face chapter espouses themes as ridiculous as "Network Marketing Is The Income Stream of the Future." The "advice" in this book is worthless and unactionable. Test it for yourself. Pick up the book, read any single chapter, (this will take no longer than five minutes) and then write down on a piece of paper the specific steps you would take to generate the miraculous stream of income the author describes. You will find that like all peddlers of poof he has skipped over the challenging elements or potential points of failure for each scheme. If you really need to generate additional income, you'd be better off finding someone in an honest line of work and asking them how you can learn the ropes. Books like this one build unrealistic expectations and then crush the spirit of those who attempt to follow and fail. The poor souls who pin their hopes on these cheapjacks blame themselves rather than the true author of their failure... another huckster with a handful of magic beans.

qv: Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth, Second Edition at Amazon.com

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