a one sentence summary....

I wouldn't call myself a fan of Tony Robbins but I appreciate his work, knowledge, spirit and incredible business sense. I was looking forward to this book since Gary Vaynerchuk had him on his daily YouTube show and openly endorsed it.

I should not be able to summarize an entire book on money management in one sentence. but it's possible here. .

Invest early (let compounding interest work for you), diversify across asset classes and industries (use index funds for vast majority of your investments), don't let the market corrections and bear market shake your confidence in your investments, in fact, invest more during these times as everything bounces back.

there. I just saved you hours of time, money or a credit. Don't believe me? Listen. but I did warn you.

1 572 personnes ont trouvé cela utile

Similar Material to last book.

Basically same info as his last book, "Money, Master The Game". I was disappointed.

Long story short, same old lesson= after every Bull Market there is a Bear Market.

Don't wait to invest. Invest & wait 20 to 30 years.

Very Basic Material for Passive Investors NOT savvy investors looking to create exponential wealth.

214 personnes ont trouvé cela utile

Superficial!!! Barely Scratched the Surface.

The book contain a few good nuggets but I wasn't impressed. The text provided a lot of superficial information, considering Tony supposedly interviewed all these billionaires. The book was simply a sales pitch for the company Created Planning.

The Benjamin Graham 's book the Intelligent Investor is 100 times better and provides more substance.

Leon W.

190 personnes ont trouvé cela utile

This audio book is a giant advertisement

Tony let's the owner of an RIA that pays him write a book about how you should let the RIA manage your money (if you meet their investment minimum of 100k) and discloses his conflicts of interest in the last 15 seconds of the 10+ hour book. Take a pass. Or, if you want only the valuable stuff, skip to the index at the very end. Everything else is garbage.

73 personnes ont trouvé cela utile

Sales Job

Good information and I liked the book, but the whole thing felt like a sales pitch for companies that Tony is part owner of. The companies even changed between his last book.

49 personnes ont trouvé cela utile

Half Truths

What would have made Unshakeable better?

FULL disclosure.

Tony bashes a multitude of professionals. Some of which I agree with. Some of which I don't. Any good advisor can show his/her worth by their advice without bashing others.

All it takes is FULL disclosure with a client UP FRONT. You tell the client exactly what ways they can work with you and how you get paid in each way. Then give them the pros and cons of each way of working with them. Let the CLIENT choose which way is best for them.

If they want FEE ONLY (usually the highest fee level and what Tony recommends), let them choose that.

If they want FEE BASED (usually a smaller fee, but also commission, "Dually Registered"), let them choose that.

If they want PRODUCT BASED (usually commission only advice, "Broker / Insurance Agent"), let them choose that.

Once the CLIENT chooses how they want to work with the advisor, the advisor works only in that space.

A "Dually Registered" advisor can operate in any of the 3 scenarios above. Let the client choose how they want to proceed.

Would you ever listen to anything by Tony Robbins again?

Probably not.

Who would you have cast as narrator instead of Tony Robbins and Jeremy Bobb ?

I liked Tony's enthusiasm, but that doesn't make up for the content.

Jeremy Bobb felt monotone to me. Did not inspire action.

What character would you cut from Unshakeable?

Creative Planning, America's Best 401(k).

The book would have had more merit if it were product neutral, planning firm neutral and not skewed to be an advertisement for TONY'S companies.

Any additional comments?

This book is basically a testimonial to Peter Mallouk and Creative Planning.

Testimonials are illegal for anyone governed by the Investment Advisers Act of 1940.

Costs are considered ONLY on the advisory space. If there is not one who has a "broker" license (Series 3, Series 6, Series 7, Series 52, Series 62), then you have to pay an additional person to enact trades. Who is that person / firm? How much do they paid for making the trades?

Why is it that in the book they say that you should NEVER pay more than 1% for an advisory fee, however, Creative Planning charges 1.2% for accounts at $100,000 - $500,000?

What about other assets? What about Real Estate? What about Annuities? What about Private Placements? What about Permanent Life Insurance? What happens when you start to withdraw for income in retirement? What about art collections?

There is more to the world than Index Funds.

This book is also an advertisement. Tony earns profits from Creative Planning by being on the board and "Chief of Investor Psychology". Tony earns profits from being on the board of America's Best 401(k)

A $14,000 Chevy Spark and a $50,000 Mercedes E-Class will get you from Point A to Point B. Does that mean that you should only buy a Chevy? It costs much less, which in turn you could have put into your indexed funds and gotten an additional 10 years of income, just by buying a cheaper car.

66 personnes ont trouvé cela utile

Great Book

I feel that anyone no matter what your financial situation is, could find something useful in the book.

4 personnes ont trouvé cela utile

Asset building 101! Learn from the best!

This book is jam packed with useful information and a step-by-step action plan. I found it really helpful all of the useful website links and other recommended steps to take. I highly recommend it. Learn how to create wealth & build assets that you can pass on to your family.

4 personnes ont trouvé cela utile

Value for the common man. Thank you, Tony!

Well articulated in simple terms that just about anyone can understand. Don't be deterred by the subject matter. Tony goes deep to help educate people on what has historically worked best and how to protect yourself from being eaten alive in your financial investments.

13 personnes ont trouvé cela utile

Shorter version

I love listening to Tony Robbins but this is a much shorter version of his other book Mastering Money.

54 personnes ont trouvé cela utile