Comments on: Book Review: Findependence Day

By: Potato

Potato — Thu, 18 Dec 2008 06:50:58 +0000

Thanks for the book CC, my review is up.

By: 2op mike

2op mike — Thu, 04 Dec 2008 18:23:51 +0000

I must say I like the novelette approach. Most good advice is never taken because folks can’t get past the third boring chapter in a book on finance. Jon has a good common sense approach to investing, neither a cheer leader nor a true sceptic I find his stances reasonable.

By: Gail

Gail — Tue, 02 Dec 2008 22:56:06 +0000

First Margaret Atwood and now Jon Chevreau… what do you think it means when a person enters the current literature as a re-occurring character? Hmmm.

By: Nurseb911

Nurseb911 — Mon, 01 Dec 2008 20:27:46 +0000

Great point CC.
It’s not enough to be only frugal, but to be smart with your money and use common sense to further your financial position over the long-term.
I think this will be one book I place on my wishlist for the holidays.

By: Canadian Capitalist

Canadian Capitalist — Mon, 01 Dec 2008 19:30:42 +0000

Rob: I agree. This is an excellent book. A lot of people are huge fans of the novel format and this book is a worthy successor to The Wealthy Barber.

DGI: A lot of people are frugal but fail to invest their savings wisely. Investing regularly despite the market ups and downs, paying attention to costs, not chasing performance would get most people to achieve their financial goals. Taking advantage of market declines would accelerate the process.

By: Dividend Growth Investor

Dividend Growth Investor — Mon, 01 Dec 2008 17:13:38 +0000

Frugality is only one side of the coin. Allocating the extra resources that you have accumulating by taking advantage of certain opportunities like the curret stock market decline is what will separate the financially independent from the rest of the pack.

By: Rob

Rob — Mon, 01 Dec 2008 16:51:41 +0000

Chevreau has successful achieved what too few financial books have done – that is, introduce the concept of frugality (or gorilla frugality as he terms it) as a key component of financial success. That alone is a great service to readers.

Also, to focus on “financial independence” as the ultimate goal as opposed to most book’s “retirement” goal, the book becomes applicable far beyond those at, or near, their retirement.

Unlike “retirement”, “Financial Independence” is relevent and important to the large number of readers still many years away from ending their working careers….but wishing to eliminate the financial necessity for work in their lives.