Unshakable Summary.
Updated: Jul 12, 2020
You are more than the moment. You are more than your economy. You are more than any challenging time you may face. You are soul, spirit, and essence and you are truly 𝐔𝐧𝐬𝐡𝐚𝐤e𝐚𝐛𝐥𝐞 💪
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Book = Unshakable⠀
Author = Tony Robbins ( my all-time favorite ❤️)⠀
Publisher = Simon and Schuster
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Intro 💲💲⠀
The book was written in 2016. Since then it has become a New York Times bestseller. We all think that becoming rich is very difficult and only a few can achieve it. This myth is broken 💔 in this book. It's one of the most simplistic and logical books I have ever read on a financial matter ⠀
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Main part 💲⠀
The book provides the in-depth strategies and techniques of all world-famous investors like Warren Buffett, Ray Dalio, Richard Branson, and how they see investing which is quite different as we all see. The main advice Tony gives to common people is to invest in low-cost index funds because of minimizing fees and taxes. And for those who want to become professional and want to earn million, there are four things which you should never forget.
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1) 𝗗𝗼𝗻'𝘁 𝗹𝗼𝘀𝗲( if you lose 50% in the market you will need 100% gain just to recoup your loss)⠀
2) 𝐀𝐬𝐲𝐦𝐦𝐞𝐭𝐫𝐢𝐜 𝐑𝐢𝐬𝐤/𝐑𝐞𝐰𝐚𝐫𝐝
( Only risk 1 dollars to gain 5 dollars just example)
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3) 𝐓𝐚𝐱 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 ( Tax can take 30 to 50% so always try to reduce it)⠀
4) 𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 (Don't put all egg in one basket diversify in stocks, bonds, countries)⠀
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Conclusion⠀
If you master this four principal and understand rest of facts in the book no bear market🐻can ever destroy you but will make you stronger 💪⠀
One of the easiest and simple books I ever read you will enjoy it a lot
Buy on Amazon
Also, read = Rare books for achieving Mastery in anything