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Paperback Multiple Streams of Income : How to Generate a Lifetime of Unlimited Wealth Book

ISBN: 0471714550

ISBN13: 9780471714552

Multiple Streams of Income : How to Generate a Lifetime of Unlimited Wealth

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Book Overview

In Multiple Streams of Income , bestselling author Robert Allen presents ten revolutionary new methods for generating over $100,000 a year--on a part-time basis, working from your home, using little or none of your own money. For this book, Allen researched hundreds of income-producing opportunities and narrowed them down to ten surefire moneymakers anyone can profit from. This revised edition includes a new chapter on a cutting-edge investing technique...

Customer Reviews

5 ratings

Read this book right along with Nothing Down!

Multiple streams of income offers diverse ways to effectively make money. But I also recommend Nothing Down for those who want to create wealth via real estate.

Be ppreared to make a lot of money

Robert Allens techniques work. No matter if you are interested in real estae, network marketing, discount mortgages, infopreering, Entrepneuring, Tax Liens, Internet or whatever, you will make a lot of money only if you apply what Robert G. Allen teaches.Great book. Highly recommended.

I'd buy it..In fact I did and I love it!

Multiple Streams of Income is a very powerful book with lots of information to take you where ever you want to go. I bought the hardback copy about 4 years ago and was quite impressed to have made money in mutuals while just about everybodyelse lost money.I have been using the Pro Funds Ultra and Short Funds switching back and forth based on moving average indicators. I have also used the Cooper Covered Call Strategy and option strategy covered in this book and have continued to make money since 2000 while the market averages as a whole have been down.In addition, I have also used the tax lien stratgy both to invest in tax liens and to buy real estate property for literally pennies on the dollar.Network marketing? Just check out the stock performance of USANA to determine how powerful this concept is and how well network ma rketing companies have been doing while other industries are shutting down. If you think USANA was a fluke then check out Nu Skin, Natures Bounty or other publicly traded MLM companies. Network marketing has exploded while other industries have imploded. Folks, MLM works and once again Robert Allen was absolutely correct in promoting this concept way back before the fact.Interesting that Allen is always disputed and always prooves his detracters wrong. Thank you Robert. I let my ex boss and all the people I used to work with when I used to work a J-O-B how much I don't miss that RUT and how much I LOVE the FREEDOM that I now enjoy.Multiple Streams of Income is a very powerful book if used and applied.

Very possibly Allen's best book

Not since Charles Givens More Wealth Without Risk has someone put together so many risk free or low risk ways to make money.You can use the "Cooper Covered Call" method along with IBD to make 10%+ monthly returns. You can invest in index funds or if you are more aggressive but still shun the stock market, you can invest in the Pro Funds Bull or Bear Funds. In the past year I have made over 90% with the bull fund. During the NASDAQ meltdown over the last three years I made over 200%. And these are No-Load funds.Allen also does his usual unequalled job discussing the merits of real estate investing, discounted mortgages and investing in tax liens. With tax liens you can earn 18%-50% (in some states) goverment guaranteed. Sure beats the returns of money market funds, cd's and savings accounts.Allen also discusses Network Marketing in depth. Anyone who does not understand network marketing and why it is the wave of the present and the future, well, just stick to your 9-5 job. Check out the stock performance of publicly traded network marketing companies like Cell Tech, Usana, Natures Bounty and NuSkin to see how well network marketing companies are doing. It works folks.Allen also discusses how you can be an entrepreneur or an intropreneur. How to create an internet business legally and ethically. I hate to even address the nonsense about Mr. Allen sending out spam and other such nonsense. I can only assume that these comments are made by people envious of Mr. Allen's success. They are completely without basis.

Residual Income - future income off past efforts

J. Paul Getty said it many years ago; "I would rather earn 1% off the efforts of 100 people than 100% off the efforts of myself."Michael Gerber says pretty much the same thing in his excellent book "The E-Myth"Network marketing as espoused in Multiple Streams of Income by Robert G. Allen offers you the opportunity to not only earn off the efforts of man other people, but create an income stream that will last your life and your heirs as well.Tax leins are another powerful strategy recommended by Bob Allen, only because they work. No tax leins may not be available in your state. But so what? You can buy tax liens through the mail or travel to other states. The up to 50% yields make tax liens worth your time to invest in.My only two gripes with Bob Allen are the reommendations for universal life policies and options trading. There are better tax deffered plans than a universal life policy and options are tricky.I believe that for the aerage person, network marketing, mutual funds, tax leins, discounted mortgages and real estate offer the best return with little or no risk involved. Leave the stock market to the gamblers.If you lke this book, I suggest you also read the 16% Solution, The E-Myth and Turner, Turner, Turner: The King of Network Marketing.
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