Multiple Streams of Income

Yeh, I'm sure the naysayers who read this book hated the self promotion he often does in the book, but the information that he presents is incredibly useful. If you want to succeed in todays wild upside down economy..you need multiple streams of income. It'll guide you to what steps to take in order to thrive in our turbulent times. And if you can't afford to buy the book just yet. Go borrow in from the library. But keep in mind this book has such useful ideas that you're going to want to look over it again and again..So eventually you're going to want to have a copy you can refer to it time and time again. Don't rely on your normal 40 hour job..you need more to survive and be successful in this world. Better yet when you follow Roberts techniques, you won't have to work day in day out 40 hour a week job!..you can work when you want! Its all about RESIDUAL INCOME.

I have been a friend of Robert Allen's for over 20 years and Multiple Streams of Income is the finest book he has written. He already has a over 600 people who have paid $3000 for his coaching course on how to apply these techniques. They already are making money. YOU have to do the work but YOU can build your own wealth and independence and it doesn't mean you have to start with a large amount of money, just a lot of discipline and focus and that's where Robert can help you. Check out what he has to say about my investment strategies as well. How does over 50% a year for the past three years with little additional risk over investing in an index funds sound?

I read this book some time ago but it is still very relevant and one of the best books on the topic. Bob Allen rocks!!!!1

I studied Kiyosaki and Allen brings us one step further. Not only does he show us what to do, but tells you how to do it in an easy and manageable way for anyone to apply! This is a great investment.

Not since Charles Givens blockbuster More Wealth Without Risk has anyone put together so many winning strategies in one book! And unlike Givens, Allen shows many ways to make more money even if you have nothing to start with.I have been a fan of Robert Allen since I read Creating Wealth back in 1986. (I did it a little backwards, reading Creating Wealth first ahead of Nothing Down)Creating Wealth opened my mind to what was available and typical of Mr. Allen's wisdom, what he taught back in 1986 still works today. Take a look at the foreclosure markets. I rest my case!Allen was also one of the very first to taut the coming (at that time) marketablity of discount mortgages. Guess what? Discount mortgages made a lot of money for people in those days and is still making money for people today.I invested in Gold as per Allens advice and when the big stock market crash occurred in 1987, I made a ton of money by being in other investments such as gold. Ditto for real estate that market plummeted inthe 80's. Following Allen's advice, I was able to pick up loads of real estate at bargain prices becuase most real estate investors back in those days saw real estate only as a tax benefit, not for gains. Their loss.Robert Allen has always been ahead of the herd, a pacesetter in wealth building.Multiple Streams of Income offers advice similiar to Creating Wealth with several new ideas.-Cooper Covered Calls - most everyone has heard about covered calls, but trading?-Options - many people think that options are risky. No so.-Inforpreneuring- interesting and profitable-Network Marketing - even Wall Street has taken noticeOf course Allen revisits Real Estate with Nothing Down Techniques, Discounted Mortgages, Tax Liens and more.He makes a strong case for network marketing and offers the difference between investing in say a franchise for hundreds of thousands as opposed to starting your own network marketing business, which is much like a franchise with a proven system only you can start with literally nothing down and use the leverage of people. Similiar concept as real estate with some of the advantages of franchising. No capital investment with huge returns.Multiple Streams of Income is chock full of advice. The investing advice is also great and certaintly better than what you will find say in JBQ's ridiculous book which cost many people millions in lost dollars. I saw a review here by Mr. Donoghue. My guess is that some people will try to bury that untill mindless 1 star reviews. If you can scroll back and read it, I highly recommend that you do. It shows a system of investing that yielded huge returns even during the Clinton "bear market."Multiple streams of Income covers this strategy. I highly recomend you read it if for that reason alone. Beats the typcial buy and hold (or is that buy and hope), dollar cost averaging and other so called sensible stategies which don't work unless you have a 20-30 year time horizon. Ask anyone who saw their investments plumet during the Jimmy Carter years back in the 70's how long they had to wait to get their investments back up to break even level. Want to take a guess? Would you believe 15 years? That is close.Overall I rate Multiple Streams of Income a 10 in a field which only allows 5 stars. This book works as a great enema for people who have read other junk on real estate, stock market investing or just wealth building.I also recommend Rich Dad Poor Dad and The Automatic Millionaire and I believe Allen would too.Be wary of books written by people who are writers only and have no real investment or business background.

I guess the people who bash this book would prefer to read a financial book by someone like Jane Bryant Quinn. How many people have made a fortune or any money at all following her advice? I rest my case.Or perhaps these bashers think the Road to Wealth is a college degree and work 9-5, 40 hours per week for 40 years and think that their employer will take real good care of them right? WRONG! Or perhaps these bashers feel the real key to wealth is to invest your 401 (k) money in your companies stock or you rate your wealth by your stock options huh? Ask employees invested in Lucent, Compaq or Enron how good they feel about retirement considering whats "left" in their company 401 (k) plan or by the value of their stock options (those who haven't been downsized that is).Robert Allens book is a excellent book for anyone who wants to reach permanent and rapid wealth. He teaches you how to invest with index funds and create cash flow with covered calls and options.He shows you how to 86 your job and start your own business through Network Marketing. He talks about the internet and licensing; real estate, discount mortgages and tax lien cerficates and then he shows you how to put it all together.Whats not to like about this book?I also recommend Who Stole the American Dream.For those who are happy with mediocity, keep your J-O-B *Which stands for just over broke) and read Jane Bryant Quinns book.

A bit dated and much of the information is relevant to those living in USA. I reside in the UK where the financial system has different rules. Having said that, the core principles to make money are throughout the book and there is still alot of beneficial information to assist you on your journey towards financial freedom!