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Book: Rich is a state of mind: Robert Gignac, Michael Townshend
Old 12-06-2006, 08:43 AM   #1
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Book: Rich is a state of mind: Robert Gignac, Michael Townshend

Since the poll results didn't recomend the last book, I thought I would try another one that my investment adviser gave me about 3 years ago but I didn't have the chance to read it. Well I have more time now but was wondering what your thoughts were?

Begins with a dying man, Richard Jarvis, whose final wish is that his friend, Linden, carry out his estate instructions.
Structured like Chilton's The Wealthy Barber, the financial planning process is taught to Jarvis' niece and nephew Linden and Jarvis.
Financial concepts are based on investment and tax principles but also on values such as courtesy, punctuality, organization, life-long learning, thrift, awareness and a healthy curiosity.
Includes the process of goal-setting, the power of compound interest, saving and investing, the guarantee of inflation and taxation, the pros and cons of leveraging and of RRSPs, discerning risk comfort, and allocating assets.
Epilogue addresses the issue of finding and selecting a financial planner, and the Appendix highlights financial planning resources.

Apparently a #1 Best Selling Business Book, 2003


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Re: Book: Rich is a state of mind: Robert Gignac, Michael Townshend
Old 12-06-2006, 09:18 AM   #2
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Re: Book: Rich is a state of mind: Robert Gignac, Michael Townshend

Never heard of it. But I have only read 2 books in last 5 years. That will change after retirement.
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