Educational Resources
Hello,
Our Strategies and books that help you to live abundantly.
Summary: In the game of property investment, understanding how banks operate can mean the difference between a profitable venture and a costly gamble.
Summary: The Equity Rocket: From $50,000 to $3.6m in 10 years is your guide to unlocking the potential of your hard-earned money and turning it into life-changing wealth through a powerful real estate investment strategy.
Summary: Behavioural economics is the study of the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.
Summary: Strategy of Turbocharging the Equity Rocket is a guide to understanding tax implications as an essential element of successful real estate investing.
Summary: Rental Riches: From Equity to Endless Earnings is your indispensable guide to the generation of steady and sustainable income through the power of real estate.
Summary: Opportunity Capital represents the funds required during the initial stages of real estate investing—more specifically, in the land acquisition phase.
Summary: The Oroshiuri Systems encourages streamlined processes and continuous improvement in property selection, purchase, management, and sale.
Investing Methodologies That Have Influenced Our Strategies
"The Richest Man in Babylon" by George S. Clason
Summary: This classic book provides financial advice through a collection of parables set in ancient Babylon. It emphasizes the importance of saving at least 10% of one’s income.
Application: The principle of saving and investing consistently is an essential part of the investment strategy presented in this course.
"The Total Money Makeover" by Dave Ramsey
Summary: Ramsey presents a comprehensive guide for individuals to get out of debt and achieve financial health. It recommends a disciplined approach towards money.
Application: This course’s strategy of investing consistently and maintaining financial discipline aligns well with the principles taught by Ramsey.
"The Power of Habit" by Charles Duhigg
Summary: Duhigg explores how habits work and how they can be changed. It reveals the science behind why habits exist and how they can be altered.
Application: Understanding the power of habit can help investors stick to the discipline required by this long-term investment strategy.
"The Flywheel Effect" by Jim Collins
Summary: Collins uses the metaphor of a heavy flywheel to represent persistent efforts leading to the build-up of momentum, culminating in a breakthrough.
Application: The strategy’s method of consistently investing over a long period to build momentum, leading to significant wealth growth, reflects the “flywheel effect”.
"Thinking, Fast and Slow" by Daniel Kahneman
Summary: Kahneman discusses two types of thinking: fast, intuitive thinking, and slow, rational thinking. He highlights cognitive biases that can influence one’s decisions.
Application: The course aims to leverage slow, rational thinking in its strategic approach to long-term investment, recognizing the potential pitfalls of quick, emotional decision-making.
"Predictably Irrational" by Dan Ariely
Summary: Ariely explores the reasons why our behaviors might not align with rational decision-making, particularly in economic contexts.
Application: The course employs strategic methods to mitigate irrational behaviors, fostering disciplined, rational decisions for successful long-term investing.
"Nudge: Improving Decisions About Health, Wealth, and Happiness" by Richard H. Thaler and Cass R. Sunstein
Summary: This book explores the concept of “nudge”, a method of subtly guiding decisions and behaviors without forceful instruction.
Application: The entire strategy acts as a ‘nudge’, guiding investors towards better financial decisions and disciplined investment practices.
"12 Rules for Life" by Jordan B. Peterson
Summary: Peterson combines psychology, philosophy, science, and his own life experiences to provide 12 profound and practical principles for living a meaningful life.
Application: The idea of defining and pursuing long-term goals, as suggested by Peterson, is echoed in the strategy’s commitment to long-term investing.
"The Little Book of Common Sense Investing" by John C. Bogle
Summary: This book advises the reader to harness the power of compound interest by investing in broad-based index funds. It underlines the importance of patience and consistency in investing.
Application: The principle of long-term investing and making use of compound interest is reflected in this strategy’s approach to gradually building wealth through real estate.