I read 40 books on money. Here's what will make you rich

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Published 2023-09-24
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In this video I summarise some of my favourite books on money & investing, what they're about and the key things I've learned. Enjoy Xx

Rich Dad Poor Dad: amzn.to/452RIfh
Cash Flow Quadrant:amzn.to/46kq2DJ
4 Hour Work Week: amzn.to/46nHSWl
The Millionaire Fast Lane: amzn.to/3LwEYGQ
Psychology Of Money: amzn.to/3ZulLve
Think & Grow Rich: amzn.to/3EVgAuE
Little Book of Common Sense Investing: amzn.to/3EP8GmD
Girls That Invest: amzn.to/3LychJH
One up on Wall Street: amzn.to/3LycjRP
The Dhandho Investor: amzn.to/46odEmg

DISCLAIMERS & DISCLOSURES ā¤

This content is for educational and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Thank you for your suppo

All Comments (21)
  • None of these books give you any advice on how to actually make money. They are all just mindset books. If your looking for advice on what actions to take, then none of these books will help you. My advice is just to get out there and do what you love and get good at it. If you make it then great. If you dont then keep trying. Learn to love the process. If you love the process and enjoy the job then thats half the battle. The worlds a tough place. Life is very short and we just gotta learn to enjoy the journey. Its over before you know it.
  • @RebeccaSheer
    I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
  • @leonradman7473
    greetings Nischa, simply brilliant video and thank you for the books you shared, but the book Astro Money Alchemy really deserves to be mentioned because in it things go really deeper into the world of money magic, attracting money and all those mysterious secrets, really all the recommendations, and once again to say that this video of yours is brilliant
  • Good video, but there's nothing specific here. I recommend everyone to find the forbidden book Whispers Of Manifestation you'll be shocked its a must-read book full of secret techniques
  • My finance teacher was brilliant. Two lessons I got from him were 1. The Money you have today is worth more now, than tomorrow. With today high inflation really shows that powerfully. 2. He said in the 70's you could have paid $1,500 for a brand-new car or you could have taken that same $1,500 and invested in the car company stock and made a lot more than buying the car. He said thirty years later, the car would have been worth nothing a liablity and owning and keeping that stock would have made you a millionaire. That was so powerful.
  • @gutenbird
    Hereā€™s what will make you money. First write a bestselling book on how to make money. 2nd when someone ask you how you made all that money, tell them to buy your book.
  • If you ever listen to anything while reading comments, let it be this go to borlest and read the forbidden money books, then come back and thank me
  • @CH-en4er
    Thanks for the video Nischa, it helped me a lot. I have left sorting my finances late in life, I'm 53! Ive no savings whatsoever which i'm embarrassed to admit. Ive worked basic low paid jobs my whole life, driving, packing shelves, etc. But only 1 year ago i studied up on plumbing and went on a few courses (i was the oldest by 20yrs!!). Its been difficult at times because ive been embarrassed, but the flip side is ive become a little more confident and more skilled. From basic changing a tap, i have recently fitted showers, fixed leaks, replaced toilets and baths. September i earned extra Ā£300 per month thru this side hustle and i hope to increase this. I aim to spare Ā£1000 per month to invest, so i'll be viewing a few more of your posts. Thanks again.
  • @imWillJ
    love owning a physical book, you can read on your computer, but there's something special about a physical novel.
  • @backcountyrpilot
    I read ā€˜The Richest Man In Babylonā€™ by Classon at 24. By adhering to the
    central lesson to ā€œPay YourselfmFirstā€, I was able to retire and live on my
    investments at 46.

    Rich Dad-Poor Dad, The Cashflow Quadrant, The Millionaire Next Door,
    Die Broke (not what you think), The E-Myth, The Forgotten Man, and
    The Road To Serfdom are books that also enriched my life.
  • I love the pace of your videos!! I feel like every word you say is meaningful with minimal filler words ā¤
  • @Rishav_Jejani
    00:05 Key things learned from books on money and investing

    01:46 Two books to begin your personal finance journey: 1) Explains core concepts of personal finance and importance of viewing money as an employee, 2) Challenges the conventional nine-to-five job as the only path to financial security and introduces the concept of the cash flow quadrant.

    03:34 Achieving financial freedom through smart work and passive income

    05:14 Success requires a mindset and consistent action

    06:54 Understanding the psychology of money is essential for building wealth

    08:29 The key things for investment success

    10:04 Investing books recommended for beginners.

    11:52 Investing in oneself is more important than investing in the stock market
  • @BlondeJedi
    Great video. I have read many of those books but I must say, you "can't" skip the mindset books like Think and Grow Rich because the mindset and understanding IS where it all starts to get where you want to end up. I know from experience. Those books changed my outlook and understanding.
  • @LynGrengs
    Engaging in an individual option is fair but its performance level canā€™t generate high dividends. Diversification is the secret to optimal performance, thatā€™s why I have my interest set on options based on projected growth and performance.
  • @TS-mt6rm
    Thing I found is; you have to do things. Do with what you have got. The more information you have, the better choises you make. But no matter how much information you have, without choises, or action, nothing happends.
  • @cjsmith8319
    Thereā€™s a sense of comfort and motivation from opening the pages of a fresh book. The crisp crinkle of the paper. The brushing sound of the smooth cover. The knowledge yet to be retained. Which is why I love to go to Bookstores and Libraries. I do my best work surrounded by books.
  • @YouTube4Rudy
    I did read the "Think and Grow Rich" once, and then I read it again, but this time, I actually followed the instructions. It was weird because I was going "mad", and becoming obsessed with creating my own business (a bar owner) and investing in real estate. Opportunities came up that never would had cross my path until I actually did these exercises. I went to PSI Seminars which was founded by the "Think and Grow Rich" philosophy that further amplified my motives. I had more energy than I ever had before- and it was exhausting. I used these concepts with my existing $26K/ year job (this was in the 1980s). But then I "settled". With the same job, I ended making over $120K a year with bonuses upwards of $30K and with real estate investments of over $400K (again this is the late 1980s to early 1990s). Would I read this book again, yes, and indeed I do. But will I follow the crazy instructions? Maybe. Because in doing so, it really does change something fundamental in your subconscious mind that programs you in your daily life. I really don't know if I want to go "mad" again,