A No-Nonsense Guide To Investing For Liberty Lovers: 5 Steps To Freedom
July 30th, 2009 6:22 pm | by Marc Gallagher | Published in Books, Commentary, Debt, Economics, Free Market, Investing, Liberty, Maven Commentary, Money, Peter Schiff, Ron Paul, Thomas Woods, inflation, precious metals | 7 Responses
The government would love nothing more than for you to believe that they have all the answers. They want you to believe that through their laws you somehow magically become more free or more equal. This notion is a fallacy. Government by its very nature is force. Over time many people have attempted to seek methods to minimize government’s force over our lives, but as time moves forwards more and more laws are created limiting our options.
One of the key ingredients in attaining some semblance of freedom is to become financially independent. A new book, “5 Steps To Freedom“, by Jeff Nabers and Phoebe Chongchua supplies us with some extremely effective tools to escape financial slavery. Take elements of Tom Wood’s “Meltdown
“, Ron Paul’s “Manifesto
“, and Peter Schiff’s “Crash Proof
” all rolled into one and you come very close to describing “5 Steps To Freedom”.
The five high level steps are:
- Measure
- Move
- Maintain
- Multiply
- Mention
The first portion of the book is an education on topics such as:
- How to evaluate your wealth by creating your own currency without using the fluctuating values of federal reserve notes as your only measure.
- Knowing what inflation is and how it affects your wealth.
- Why investing in precious metals like gold is a great way to help protect your existing wealth.
- How the government manipulates economic statistics to make us believe we are more prosperous than we really are.
- And much more.
The final part of the book gives us several case studies that demonstrate how we should think about investments. This portion is extremely useful because it shows how seemingly good investment ideas can end up being much more risky than you think. It’s an effective method to teach an investment mindset geared toward income rather than speculation-a running theme in the book.
The principles of freedom are apparent throughout the book. It becomes obvious, even before he is mentioned several times, that the authors are huge fans of Ron Paul. The book can be thought of as a no-nonsense guide to investing for libertarians and freedom-seeking individuals of all flavors.
The only negative regarding the book is that I found the transition between the first part and the case studies to be a bit like an infomercial, but once the case studies started that quickly disappeared. Jeff Nabers promotes the Solo 401K in the book, but he does so mostly by example and never tries to force it upon the reader. It is offered as a tool for those looking for an alternative, freedom-oriented investment direction.
The philosophy of liberty is an ongoing theme and applying that to investment decisions makes this book indispensable in today’s freedom-eroding world. I recommend it highly.
Purchase “5 Steps To Freedom” and be sure to visit the accompanying web site: 5StepsToFreedomBook.com for more information. Your financial net worth will thank you later.
Liberty Maven









July 31st, 2009 at 2:58 am (#)
[...] posted here: A No-Nonsense Guide To Investing For Liberty Lovers: 5 Steps To … This entry was posted in Debt, Investing and tagged book, books, conservative, Debt, freedom, [...]
July 31st, 2009 at 10:38 am (#)
[...] The five high level… [see the whole review here] [...]
July 31st, 2009 at 3:35 pm (#)
I just my copy of this book in last week from Amazon and devoured it in one day. I do agree that the section just before the case studies is very INFOMERCIAL-ish… but in all fairness it's an infomercial for the power of compound investment returns; not a promotion of any product or service.
What a powerful book! Good job getting the word out there
September 29th, 2009 at 12:06 am (#)
Yeah this a great book. I love compound interest and savings, not too many younger people know and understand this prinicpal
January 19th, 2010 at 7:50 am (#)
[...] the most powerful information in the book is the simple exercises you can follow to remove the confusing “inflation goggles” and [...]
January 21st, 2010 at 2:02 am (#)
Jeff and Phoebe are the real deal. I just picked up a copy of the book. I look forward to reading.
February 1st, 2010 at 5:48 pm (#)
[...] The five high level… [see the whole review here] [...]