andbenn reviewed The Wealth Ladder by Nick Maggiulli
General financial strategies and his personal advice
4 stars
As one of the employees at Ritholtz Wealth Management which has several Internet/content celebrities, the author brings his experience of working with clients and defines 6 levels of personal wealth.
For each level, he steps through generally speaking of what they do and the kind of things they do to manage their money.
Most of us will be in Level 4, being $1mil-$10mil. What he says is getting to level 5 $10mil - $100mil, requires different strategies and usually involves owning/running a business.
Suffice to say, the steps to get through the first four levels are generally attainable by most.
It's an entertaining read and the content won't harm you. One could shorten the book and ship a few levels, either the lowest or highest. Depending.
As one of the employees at Ritholtz Wealth Management which has several Internet/content celebrities, the author brings his experience of working with clients and defines 6 levels of personal wealth.
For each level, he steps through generally speaking of what they do and the kind of things they do to manage their money.
Most of us will be in Level 4, being $1mil-$10mil. What he says is getting to level 5 $10mil - $100mil, requires different strategies and usually involves owning/running a business.
Suffice to say, the steps to get through the first four levels are generally attainable by most.
It's an entertaining read and the content won't harm you. One could shorten the book and ship a few levels, either the lowest or highest. Depending.
