Unshakeable: Your Financial Freedom Playbook by Tony Robbins is a comprehensive financial guide for those looking to achieve success in their financial life. The book not only provides realistic and actionable advice, but it also provides powerful mindset shifts that will help readers on a psychological level. Unshakeable is an essential guide to achieving financial freedom and fortifying resilience against the vicissitudes of life.
The premise of Unshakeable is that investing is an essential part of building wealth and achieving financial freedom. Robbins writes that to be truly successful, investors must approach the stock market with an 'unshakeable' mindset, taking smart risks while being aware of the market’s vulnerabilities.
Robbins starts by laying out the fundamentals of investment, offering guidance on developing an awareness of market cycles, understanding individual risk appetites, calculating effective investments, and setting realistic expectations for returns. Unshakeable also offers advice on tax optimization, which is especially helpful for those looking to boost returns.
Robbins emphasizes that investors must look at the long-term when planning investments and ignore short-term market trends. He describes the “buy and hold” approach for maintaining ownership and control of investments. This strategy involves taking a long-term view of the market and minimizing taxes by buying and holding investments for long periods of time.
Throughout the book, Robbins emphasizes the importance of maintaining both an open mind and emotional control when it comes to investing. He encourages the reader to be humble, patient, and to stay focused on the long-term goal. Additionally,Unshakeable provides vital insight into the psychology of investing, helping readers to formulate a mindset that cultivates resilience in the face of volatility.
Unshakeable also offers a comprehensive guide to retirement planning, with advice on how to best invest in assets to ensure a secure retirement. It also provides valuable advice on how to best reduce costs and make smart financial decisions. Additionally,Unshakeable explains the process of estate planning, taking readers through the process of setting up succession plans, protecting assets, and making smart tax decisions.
Unshakeable provides an invaluable perspective on the psychological and behavioral aspects of financial success. By understanding the markets and the psychology of investing, readers can become empowered to make well-informed decisions about their financial future.
Robbins has written this book with a practical and realistic perspective, providing readers with actionable advice and easy-to-follow tips on how to achieve financial freedom. Unshakeable is an essential read for those looking to gain a better understanding of the stock market and how to create lasting wealth.
