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Multiple Streams of Income
 
 
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Multiple Streams of Income [Paperback]

Robert G. Allen (Author)
3.7 out of 5 stars  See all reviews (157 customer reviews)

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Hardcover CDN $16.92   -- --
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Paperback, Mar 14 2002 --   -- --
Audio, CD, Abridged, Audiobook CDN $35.86   -- --
There is a newer edition of this item:
Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth 3.7 out of 5 stars (157)
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From Amazon.com

The author of the rags-to-riches real estate bestseller Nothing Down for the '90s presents advice drawn from 20 years of writing and promoting get-rich books through seminars, infomercials, and home-study courses. In Multiple Streams of Income, Robert G. Allen shows you how to create income with little or no investment. Says Allen: "Today, very few families can survive on less than two streams of income. In the volatile future, you will need a portfolio of income streams--not one or two--but many streams from completely different and diversified sources."

Beginning with advice on controlling spending and increasing savings, Allen hits his stride in chapters on stock market and real estate investing. He draws on the investment advice of others, including Peter Lynch, and even suggests that you invest in Berkshire Hathaway and let Warren Buffett manage your money. Allen also shares his real estate strategies for finding motivated sellers, securing creative financing, and buying foreclosures and tax liens. Additional chapters cover multilevel-network marketing, information and product licensing, and marketing on the Internet. Throughout are checklists, work sheets, and testimonials, as well as pointers to more articles and materials on the author's Web site. It's useful to have so much information so concisely and well explained, and many who read this book will find it hard to resist implementing one, if not several, of Allen's recommended income strategies. --Scott Harrison --This text refers to the Hardcover edition.

From Publishers Weekly

The man behind Nothing Down: How to Buy Real Estate with Little or Nothing Down is back; this time, he stops just short of promising every reader untold riches. A quick look at the chapter titles--"Infopreneuring: How to Turn a Tiny Classified Ad into a Fortune," "The Internet: Your Next Fortune Is Just a Click Away," etc.--prepares readers for the journey ahead. Allen's basic advice is to get paid multiple times for the same work: write a book or a song or license an innovative idea and collect royalties for years; become a multilevel marketer and get a piece of every sale made by others in the organization. The dollars will literally roll in while you sleep, Allen claims, hardly wasting a comma on the fact that most people fail to create recurring streams of income from these ventures. The hype obscures the sound financial advice he does offer: live well within your means, save regularly and invest a significant portion of your money in index funds. However, Allen doesn't help his case by making it sound as if a 20% return in the stock market is commonplace or by suggesting that engaging in esoteric investment strategies such as writing "covered calls" is as easy as falling off a log, and much more profitable. It is too bad the book doesn't come with a money-back guarantee for readers who don't become millionaires. At least that would have been a sure thing. 150,000 first printing; $300,000 ad/promo; 15-city author tour. (Apr.)
Copyright 2000 Reed Business Information, Inc. --This text refers to the Hardcover edition.
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"The whole idea of Multiple Streams of Income will be a powerful paradigm shift for most people. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews

157 Reviews
5 star:
 (88)
4 star:
 (13)
3 star:
 (9)
2 star:
 (12)
1 star:
 (35)
 
 
 
 
 
Average Customer Review
3.7 out of 5 stars (157 customer reviews)
 
 
 
 
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2 of 2 people found the following review helpful:
5.0 out of 5 stars Multiple ways of creating income and wealth, July 7 2004
This review is from: Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth (Hardcover)
Robert Allen has written an excellent book here. For people opposed to network marketing (I'm very bullish on network marketing), that's o kay, Allen offer many other strategies to create wealth. In fact, to create Multiple Streams of Income.

For me, the best and safest way to create multiple streams of income is via network marketing. With network marketing, you can use the same power of leverage that Allen uses and suggests in his real estate books. It is the same principle that Donald Trump used to become a billionaire. In fact, speaking of Donald Trump, several years ago The Donald was on a tv talk show and when asked if he had to start over again, what would he do differently. Trump said he would find a good network marketing company and go to work!

Personally, I feel that everyone should set up a network marketing business. It's low cost, can be started part, part time and you can create a high income rapidly if you are with the right company and put forth the right effort.

Enough of network marketing. It's a winning stategy and I am glad that Robert Allen understands it and is recommending it.

Allen also discusses real estate. He explains how to buy real estate with no money down and using the power of leverage. He also discusses tax liens and discounted mortgages. Both powerful ways to create passive income and again, Allen shows you ways to invest in these power packed strategies with no money down.

Allen also discusses how to be an intropreneur (not my choice) and how to use the internet.

All in all, Multiple Streams of Income is a powerful book that can add many streams of income to your income portfolio. Much better strategy than relying on just 1 income streams---a job.

AND the good news is that anybody can start any of these strategies right now while you are working at your job. They can all be started part, part time with little or no investment and create cash flow immediately.

Great book Mr. Allen. I recommend it.

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3 of 4 people found the following review helpful:
1.0 out of 5 stars Cave Canum - A Book of Bad Advice, July 3 2004
By 
P. Yanov "techno pater familias" (Greenville, SC USA) - See all my reviews
(REAL NAME)   
This review is from: Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth (Hardcover)
Multiple Streams of Income is a whole lot of hype punctuated with just as much bad financial advice. Like a carnival barker, each in your face chapter espouses themes as ridiculous as "Network Marketing Is The Income Stream of the Future." The "advice" in this book is worthless and unactionable. Test it for yourself. Pick up the book, read any single chapter, (this will take no longer than five minutes) and then write down on a piece of paper the specific steps you would take to generate the miraculous stream of income the author describes. You will find that like all peddlers of poof he has skipped over the challenging elements or potential points of failure for each scheme. If you really need to generate additional income, you'd be better off finding someone in an honest line of work and asking them how you can learn the ropes. Books like this one build unrealistic expectations and then crush the spirit of those who attempt to follow and fail. The poor souls who pin their hopes on these cheapjacks blame themselves rather than the true author of their failure... another huckster with a handful of magic beans.
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5.0 out of 5 stars Multiple Streams of Income, Jan 3 2010
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This review is from: Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth (Hardcover)
Multiple Streams of Income is insightful. The books' scope is broad. It has great tips on how to save money, grow it, and adding other streams of revenue. The investing section is interesting, but I would take the "Dogs of the Dow" section with a grain of salt; See Ric Edelman's: The Lies About Money. Multiple Streams of Income is not a quick rich scheme book. The book arrived in excellent condition; Excellent vendor.
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