Just over a hundred pages is a plenty for a scientific thesis or any other format that presents one particular tiny detail with maximum depth. What can we find between the just over a hundred pages of The Wealth Taboo? The history and mechanism of the global banking system, how to read a balance sheet, personal finance and common financial instruments, the proper mindset, ways to generate income (with examples from a photography business), how to get a loan, the basics of networking, entrepreneurship, portfolio theory, the mechanics of inflation and how to find your purpose.
The framing story of The Wealth Taboo is about Aguirre meeting his friends (he calls them his ”little friends”) for a picnic, and generously teaching them the most basic personal finance in a way that is both jovial and patronizing. The friends (they seem to be young adults based on what they do) ask questions so imbecilic that for a long time I thought they were young children. Or dogs.
Nothing in The Wealth Taboo is wrong. But none of the many topics raised by the book is explained in satisfying depth. Readers with very little financial knowledge will take away some phrases to google. But those who at least read Rich Dad, Poor Dad will learn little new. The Wealth Taboo is devised as a starting point for young adults, and may work as that, but even young adults should demand more from books.
So, despite the plethora of topics covered, despite of all the good ideas presented, The Wealth Taboo simply lacks a proper target audience.
- pay attention to your investments
- choose your mindset
- strive for personal growth
manuscript provided by author
final book version:
ReiWealth, LLC (April 2018)