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How to Become a Millionaire: Make Money While You Sleep
 
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How to Become a Millionaire: Make Money While You Sleep (Paperback)

by Jim Slater (Author), Tom Stevenson (Author)
3.4 out of 5 stars See all reviews (8 customer reviews)

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Product details

  • Paperback: 232 pages
  • Publisher: Texere Publishing,US; New edition edition (16 Nov 2002)
  • Language English
  • ISBN-10: 1587991527
  • ISBN-13: 978-1587991523
  • Product Dimensions: 21.2 x 13.8 x 1.8 cm
  • Average Customer Review: 3.4 out of 5 stars See all reviews (8 customer reviews)
  • Amazon.co.uk Sales Rank: 291,343 in Books (See Bestsellers in Books)

    Popular in this category:

    #89 in  Books > Business, Finance & Law > Personal Finance > Money Management
  • See Complete Table of Contents

Product Description

Amazon.co.uk Review
There are a hundred get-rich books out there, but it always pays to examine the credentials of the guys who wrote them--after all if they've discovered the Midas Touch, why aren't they out there making money instead of writing about it? Jim Slater, of course, has the CV to back up his words. One of the most notorious financial whizzkids of the 1960s, he rose to head up the giant Slater Walker financial conglomerate before crashing, burning, dusting himself off--and then making a million all over again.

How To Become a Millionaire is the fourth in his series of books demystifying investment and the acquisition of riches for small investors. And there is an evangelistic zeal and irresistible sense of fun about the whole process--Slater hates to see people not making the most of their money and he wants to share his secrets. And though he wants you to get rich, he makes no pretence about getting rich quick. "If this is your fantasy there are plenty of other publications to indulge it", he says pointedly. This is get-rich-slow, in fact. There are no magic formulas or high-risk strategies and, as far as possible, Slater and former Independent City Editor Tom Stevenson steer clear of mind-bending maths. You will discover a point-by-point personal strategy for maximising the return on your savings, eliminating wasteful investments and harnessing compound interest to turn your small nest egg into a future million. And if that all seems simple... it is. Slater's is a twin-pronged strategy of capitalising on the steady growth in property and the stock market, as you buy your home--and then use your mortgage payments to invest in tax-shielded ISAs.

The authors offer a selection of models--for the risk-averse and the daring alike. Choose your level of risk, then, as property and share prices reliably outstrip inflation, watch your investments compound and grow. As a focus on "the steady, relentless accumulation of real wealth through intelligent investment", this book takes some beating. --John Rennie --This text refers to an out of print or unavailable edition of this title.

Sunday Express
"How to Become a Millionaire shows how to progress and become a more active private investor"

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Customer Reviews

8 Reviews
5 star:
 (2)
4 star:
 (2)
3 star:
 (2)
2 star:
 (1)
1 star:
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Average Customer Review
3.4 out of 5 stars (8 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
13 of 13 people found the following review helpful:
2.0 out of 5 stars Accumulation of a fortune first, quality of life second!, 21 Nov 2001
By Mr. R. Eastwood "rich41978" (Edinburgh, UK) - See all my reviews
(REAL NAME)   
Despite each subsequent chapter saying essentially the same as the previous with a little more breadth, the book gives plenty of good ideas for how to accumulate a million by the time one retires. Unfortunately, to do so the author advocates scrimping and saving, and being miserly and miserable for your entire working life. Not my idea of an enjoyable way to spend one's years. Surely a calculated middle ground would be more sensible.

This book is intended to sell on its title - well it suckered me! Rather amusingly though, the author unwittingly parodies his own work throughout, peaking at the key phase - "a dollar spent is a dollar lost". If you want to save money, don't spend any on a book with a title like this. Go and see a financial advisor instead.

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8 of 8 people found the following review helpful:
4.0 out of 5 stars Superb for the new investor, 2 Nov 2003
I was new to investing when I first read this book and for me as a newbie it was superb. It is an excellent place to start for any wannabe investor with a good recommended reading section for whichever style of investing you choose to take up. It's an easy read that is directed at the newbie investor so if you fall into this catagory this is a MUST READ.

however for the experienced investor you will learn very little from this book and I would not recommend it to you.

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6 of 6 people found the following review helpful:
3.0 out of 5 stars Not bad .... if a little simple, 15 Feb 2001
By A Customer
This book is a great book to introduce you to the world of 'having loads of cash'. It is very easy to read and explains the concepts in a simple and easily understood manner. But once all the basis concepts are out of the way there's not much advanced information. Therefore I strongly recommend it if you're a beginner, but not if you have a good idea about what personal finance is all about.
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Most Recent Customer Reviews

3.0 out of 5 stars How to become a millionaire - make money while you sleep
There is a lot of good common sense advice in this book ( I have only got about 1/2 way through so far), however the writers continually assume that a 15% investment growth rate... Read more
Published on 5 May 2003

4.0 out of 5 stars Back to Basics
Its often the simple basic fundamentals we forget, these steps in HOW TO BECOME A MILLIONAIR, form the foundation to what the future may bring.
Published on 10 Jan 2001

5.0 out of 5 stars BRILLIANT BOOK FOR THE NON-EXPERT
This is a great book for those of us who don't have much experience in investing. But it's more than just a book about the fundamentals of investing. Read more
Published on 25 Nov 2000

1.0 out of 5 stars Possibly the worst investment book I have ever read
It's very rare that I return books to Amazon. But I will definitely be returning this one.

This is (mostly) a rehashing of previous books by Jim Slater. Read more

Published on 19 Nov 2000

5.0 out of 5 stars IT REALLY COULD BE ME!
That's how I felt after I'd finished reading. Great advice, set out clearly with surprisingly amusing cartoons. A practical and useful book. Read more
Published on 12 Oct 2000

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