Safe Strategies for Financial Freedom

by Van K. Tharp, Steve Sjuggerud, D.R. Barton, Jr., et al.

Book Overview

Commonsense Rules for Financial Freedom--Anyone Can Do It

Safe Strategies for Financial Freedom shows you how to know in 30 seconds whether you should be in or out of the market. The authors show you how great investors avoid mistakes--and win big. With Van Tharp's legendary risk-control techniques, learn how the world's most profitable investors reduce their risk and leave their wealth-generating potential unlimited, and how...

• Format: Hardcover
• Language: English
• ISBN: 0071421475
• ISBN13: 9780071421478
• Release Date: June 2004
• Publisher: McGraw-Hill Companies
• Length: 350 Pages
• Weight: 1.50 lbs.
• Dimensions: 1.2" x 6.4" x 9.4"

Customer Reviews

Exellent Resource

Safe Strategies is by far the most comprehensive book on financial management I have ever read. If you want a better understand of trading, a realistic analysis of your financial position, a plan to eliminate all your debt in years instead of decades, effective tools to increasing your own personal wealth, or just an overall understanding of your financial option beyond your day job, I strongly recommend Safe Strategies. Van Tharp's online newsletter is an incredible resource that compliments and expands upon many of the concepts in his book.

The next classic in financial literature

Safe strategies is the best book every written relating to financial freedom. The authors do a fantastic job of taking the complex macro world of finance and simplifying it into very simple and easy to apply models. These simple models only require about 20 minutes a week of your time for you to know which strategies / markets to be getting into, or staying with or avoiding. And the bonus is that they also provide you with clear cut and simple guidelines on how to implement the appropriate strategy given the current financial climate.The books' genius is in it's simplicity, everything is spelled out in plain english and the referred resources are fantastic tools for mentoring you towards your objectives. The authors have just done so much groundwork for you, in all the investing arenas, be that bonds, stocks, realestate, cash or commodities or mutual/hedge funds. And the real kicker is that it doesn't matter whether the Dow is going up or down, there is always something you can do to further your progress towards your financial freedom goals. This book is the best book ever written in the financial genre, though I suspect that it won't be widely acknowledged for another decade or so. I believe that money flows towards integrity, freedom and responsibility. This books reeks of those three qualities.I found my financial freedom four years ago (age 29) after spending my 20's learning what this book can teach you in a few weeks. This book can take your journey of learning from decades to months. Do your self a favour ... committ to safe strategies.

Safe Strategies for Sound and Successful Investing

This book goes straight to the heart of sound financial investing with straight-talking, easy-to-grasp and clearly presented concepts on the foundations of common-sense investing: how to manage risk, preserve existing capital, and use your investing power to create an investment income where you are making more than you spend (i.e. at that point you are, in the words of the author, `financially free.'). In my mind, the book has earned its price many times over just by clearly defining and explaining these fundamental `need-to-know' concepts of successful investing. The authors offer their readers further value by evaluating the current conditions in several major investing arenas (including the stock market, mutual funds, real estate) and presenting a series of low-risk, easy-to-implement safe strategies that are specifically designed for investing in these current uncertain and often volatile market conditions. Jack Schwager, in his original book, `Market Wizards,' devoted a chapter to profiling Van Tharp, one of the principal authors of `Safe Strategies for Financial Freedom.' It looks like Van Tharp has not only survived, but thrived, throughout the differing and sometimes euphoric, sometimes tragic, market conditions of the last several decades. He and his associates draw on decades' worth of depth of experience and breadth of understanding across various-and radically varying-market conditions, and are able to put the recent and current investing scenario into a coherent perspective that will appeal to everyone who wants to improve their investing performance in a safe, solid, `I can sleep at night' way. I found it hard to put the book down, I refer to it frequently for practical strategies, and probably many others will have a similar experience. Whether you're looking for down-to-earth ways to begin investing, or whether you're already an investor and looking for highly successful, proven ways to increase your investment income, this book is an obvious and highly productive `must-have' for your life and library.

Fantastic Book!

This literally is one of those rare books that should be on everyone's "must read" list. In a world where we are bombarded with messages about how life consists of working hard so that we can retire at age 65, this book shares ways for every single person to become financially free at any point in their life. Best of all, the authors lay out step by step methods for implementing the ideas that they share. In the opening chapter, the authors start with "What it takes for you to never have to work again." In that section, they help readers identify their all-important "Financial Freedom Number". This is the current difference between someone's monthly passive income, and their monthly expenses. By the time the first chapter is over with, readers have a clear picture of where they want to get to financially. Chapter two contains excellent ideas on how to save for financial freedom, including the idea of "Pay Yourself First". Using that concept, people prepare for their own financial freedom first, before distributing the rest of their income. In a book full of paradigm shifting concepts, without a doubt, one of the most powerful ones is in the chapter titled "Getting Out of Debt in Just a Few Years". In that chapter, the authors go step by step through a very practical, possible, and incredibly powerful method by which people can quickly become debt free. Not only that, but after using this method to become debt free, people will be in fantastic position to gain their financial freedom, and never have to work again if they don't want to.As readers get deeper into Safe Strategies for Financial Freedom, they will learn about different ways to generate passive income, such as through the stock market, real estate, and other means. These sections are not merely high level descriptions of how to be successful. The authors take readers by the hand and walk them step by step through how to be successful.If you never get beyond the third chapter of Safe Strategies for Financial Freedom, it will still be a book that forever changes your views about wealth. If you take the time to read it all, this book will become your map for never having to work again.

EXCELLENT! A must have for those wanting financial freedom!

This book provides you with the basics you need to develop your own path to financial freedom. Prior to presentation of any strategies, there are worksheets and exercises for your own financial evaluation. This in itself was a big eye opener. In addition to the concepts of financial freedom, the authors do a fantastic job in presenting the reader with many options to acquire your financial freedom; from stock market (including Mutual Funds) strategies, to Real Estate strategies, and more. Each chapter ends with a series of action steps for you to perform to get you moving on your own safe path to Financial Freedom. The examples given in the book illustrate the needed information to evaluate any particular strategy. It is then up to the reader to act upon their selected path.A must have for those who want to take control of their financial future!