Safe Strategies for Financial Freedom

by Steve Sjuggerud

Commonsense Rules for Financial Freedom--Anyone Can Do It! Safe Strategies for Financial Freedom shows you how to know in 30 seconds whether you should be in or out of the market. The authors show you how great investors avoid mistakes--and win big. With Van Tharp's legendary risk-control techniques, learn how the world's most profitable investors reduce their risk and leave their wealth-generating potential unlimited, and how you can too. You'll learn how to invest wisely--in every type of market, protecting what you earn, and developing sources of regular income to achieve financial independence. Safe Strategies for Financial Freedom provides you with a specific program for freeing yourself from the workplace--forever. Let it show you how to seize control of your financial life by investing in the assets that will provide you with steady income until the day when your investment income surpasses your monthly expenses--and you are, once and for all, financially free.

Genres: Finance, Nonfiction, Personal Finance, Business

350 pages, Hardcover

First published May 3, 2004

Reviews

[Piotr Karaś · Rating 3 out of 5]

There's a lot of general financial advice in this book: know your financial freedom number, focus on the income-generating assets (passive income), some general rules of investing in stock market (that are actually of no practical value - too introductory), risk control in terms of position-sizing and the common pitfalls of playing the victim game or the blame game. A lot of sensible stuff, especially for anyone starting in their adult life.

[Justin · Rating 2 out of 5]

For the record - shorting stocks and flipping houses are NOT "safe" investment strategies. Let alone casually mentioned ideas like trying to predict major changes in a stock's value and then buying or selling massive quantities of it at the beginning of the trading day to take advantage of the "pop" in the price. But this is the kind of stuff peddled in this book.

[Jaimee Choi · Rating 4 out of 5]

Though definitely dated, the information was presented enjoyably enough to be picked up every day. And valuable enough that I took notes to reflect back on. I'd gladly buy an 20-year anniversary edition updated for the post-2008, post-lockdown world. But as it stands, this one is going back to the library where perhaps if I come across it again, I'll take the refresher course.

[Pamela · Rating 3 out of 5]

Went on a diversion from my typical reading. Curious about what information may be in this book.

[Arvind · Rating 3 out of 5]

Booklet

[R · Rating 5 out of 5]

First book I found with how-to steps on journey towards financial freedom.
A bit dated. Some investing strategies might not be applicable outside of US. But overall a very good book.

[Shivani Gupta · Rating 4 out of 5]

Nice tips on calculating and reaching your financial freedom. One time read.

[Lori Tian Sailiata · Rating 4 out of 5]

This book was written before the housing crisis, financial meltdown, and Madoff hedge-fund implosion...and it shows. Hindsight is a wonderful thing! That said, it's interesting to see what strategies and advice still hold true.

[Darin Davis · Rating 5 out of 5]

The first book in my recommended curriculum of self-study on personal finances and investing. See www.ProfitableForAllThings.com for more details.

[Dee Renee Chesnut]

I don't think this author gave credit to other authors for THEIR original work.

[Javier Villar · Rating 4 out of 5]

One of the best books on personal finances I've come across. A lot of useful beliefs in it, and R-Multiples are so useful!

Van Tharp is an excellent author.

[David Robins · Rating 4 out of 5]

Decent; some overlap with his other books; some good long-term and money management strategies.