Best of
Personal-Finance

2001

The Millionaire Mind


Thomas J. Stanley - 2001
    Stanley, Ph.D., answers these questions and provides us with further insight into the thoughts and lives of this wealthy segment of the population in The Millionaire Mind. A follow-up to Stanley's New York Times bestseller, The Millionaire Next Door, The Millionaire Mind may surprise readers with its findings about the kinds of people that millionaires really are. Interestingly, many millionaires were not straight-A students in high school, nor did they attend prestigious colleges. Instead, they were often told when they were younger that they were not bright and that they would not be successful. These challenges taught them how to surmount obstacles and motivated them to try harder and to take risks to get ahead financially. The major risks that these millionaires have taken and continue to take are financial ones. They must overcome the fear of taking risks, and they must maintain this courage throughout their adult careers. Stanley discovered that many millionaires share similarities in techniques to allay their anxieties and stay on track financially. Some of these include: Believing in myself Counting my blessings every day Countering negativethoughtswith positive ones Sharing concerns with spouse Visualizing success Outworking, outthinking, out-toughing the competition Hiring talented advisors Constantly upgrading my knowledge about my occupation Spending considerable time planning my success Exercising regularly Having strong religious faith Stanley also reveals that millionaires are very often successful in marriage as well as in work (the typical millionaire has been married to the same spouse for over twenty-five years) and that they usually lead relatively frugal, economically productive lifestyles. Perhaps most interesting to readers will be the section that Stanley devotes to how millionaires chose the career in which they would be most likely to succeed. So don't miss out on picking apart and analyzing the thoughts and habits of millionaires with Thomas Stanley and The Millionaire Mind, a book sure to be as brilliantly revealing and fascinating as his previous bestseller on millionaires. Thomas J. Stanley, Ph.D., is a researcher, author, and lecturer. He has studied the wealthy for more than 25 years. The Millionaire Next Door, published in 1996, has sold more than one million copies in hardcover and nearly one million in paperback. The book has been on The New York Times Best Sellers list for more than 150 combined weeks. His previous books include Marketing to the Affluent, which Best of Business Quarterly named one of 10 outstanding business books, Selling to the Affluent, and Networking with the Affluent. Dr. Stanley lives in Atlanta. He was a professor of marketing at Georgia State University, where he was named Omicron Delta Kappa Outstanding Professor. He holds his doctorate from the University of Georgia in Athens.

Money, Power, Respect: What Brothers Think, What Sistahs Know


Denene Millner - 2001
    It was hailed as the African American Men Are from Mars, Women Are from Venus. Then, in What Brothers Think, What Sistahs Know About Sex, the savvy supercouple told African American daters and maters how to get it on and heat it up in the bedroom -- or wherever else couple may find themselves.Now Nick and Denene have set their sites on three of the hottest topics facing couples today. Money. Can he deal when she makes more? Power. He's at the office 24/7. Where does she get her face-time? Respect. How much of their dirty laundry should both he and she air to their friends? In their inimitable he-said/she-said format and hip approach, Denene and Nick reveal the real deal on what black men and women think about financial issues, power struggles, and the importance of respect. They delve into everything , from whose career is more important to who should punish the kids to who should pay for dinner.Enlivened by their trademark humor and sassy and bold approach, the message in Money, Power, Respect is crystal clear: While money issues may lead to power struggles, this doesn't have to lead to lack of Respect. In this perspective and insightful guide, Nick and Denene show couples how engaging in fierce, sincere communication will have both partners wearing the pants in the family.

The Business of Options: Time-Tested Principles and Practice


Martin P. O'Connell - 2001
    While it addresses the principles and practices of option trading and hedging in great detail, the book is the first to do so from a management perspective. O'Connell's extensive experience in option trading, training, and consulting enables the book to offer a unique combination of sophistication, clarity and insight. Most option books that are written for professionals focus on advanced math or on specific trades. This book goes farther, incorporating broad strategic considerations and exploring the implications of likely human behavior. It often challenges conventional wisdom of "what works" in the options business. Its intuitive approach to complex issues involving options enables readers to stretch their mathematical capabilities. Its down-to-earth explanations about the business of options reflect both the optimism and skepticism of a seasoned practitioner in the option market who has, for over 20 years, advised and trained professional dealers and users of options around the world.

Pocket Guide to Trading Online: Put Your Money Where Your Mouse Is


Alpesh Patel - 2001
    Patel's straight-forward, time-saving, profit-enhancing guide to the ins and outs of online trading.