Killing Sacred Cows: Overcoming the Financial Myths that are Destroying Your Prosperity
Written by Garrett B. Gunderson
4.5/5
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About this audiobook
Tackling 9 specific financial myths, Killing Sacred Cows is a must for mission-driven individuals. It plainly reveals these shocking truths kept hidden by the traditional financial industry:
• A 401(k) is not the “safe” and “smart” plan that you have been told it is; in fact, it's an extremely risky investment for most people. Learn to create safer investments that are collateralized, cash-flowing, controllable, and aligned with your expertise, passion, and purpose.
• Conventional retirement planning strategies, techniques and products are probably keeping you from the retirement you really want. You can maximize the productivity of your resources, reduce risk, and retire well with the right education and a proper macroeconomic plan.
• Net worth is a poor indicator of wealth and your ability to retire well. What matters is cash flow, and this book will teach you how to develop it.
• Debt may not be what you think it is. Learn the proper definition of debt and how this understanding can immediately increase your prosperity.
• “High risk equals high returns” is dangerous dogma. Learn how to increase your returns and reduce your risk through smart, value-based investing.
• How to identify the hidden factors that are causing you financial pain and misery. Finally, you can treat more than just symptoms and address root causes.
By the time you're done listening to this book you'll know more about personal finance than most financial advisors - and this is no joke! You'll discover how to take control of your finances NOW. After hearing it, you'll scoff at generic recommendations from financial advisors who push the same products on every client regardless of their unique personal goals and financial blueprint.
Garrett B. Gunderson
Garrett Gunderson is called a "financial genius" in entrepreneurial circles, but he wasn't born with a silver spoon. In fact, Garrett's blue-collar roots are what make him so passionate about helping entrepreneurs build Economic Independence. Garrett comes from a 4th generation coal mining family, raised in rural Utah. His company, Wealth Factory, helps people with first generation businesses and entrepreneurs who understand hard work -- but who haven't been given the proper financial tools to build lasting wealth. He believes your legacy is defined not just by money, but by the values and contribution you pass along. It is something you both live and leave. Garrett lives in Salt Lake City, Utah.
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Reviews for Killing Sacred Cows
93 ratings10 reviews
- Rating: 5 out of 5 stars5/5If everyone invested in their brain the world would be a better place!
1 person found this helpful
- Rating: 5 out of 5 stars5/5This is a fast pace book that has awoken a huge curiosity in me. Thank you for inviting the right questions into my life.. I’m a huge fan of Killing Sacred Cows and will be going onto the web site and other platforms to learn more. Congratulations!
- Rating: 5 out of 5 stars5/5This is by far the best financial book on the market. It goes against the societal common sense to help you accomplish goals/financial independence.
- Rating: 5 out of 5 stars5/5The best book on finances I ever read!! Loved it ?
- Rating: 5 out of 5 stars5/5An amazing read! Exposes some of the biggest money myths that most people believe in. Definitely worth a read!
- Rating: 5 out of 5 stars5/5Learned a ton that made sense to me. Listening a second time.
- Rating: 5 out of 5 stars5/5Easily the best financial book I’ve ever read. Actually, it’s way more than a finance book; it’s a book that can help you think differently than 99% of people. Really good.
- Rating: 5 out of 5 stars5/5Extremely insightful. He busted many financial myths clearly. I appreciate his tact and genuine care he has for others. It makes sense what he's saying. The more financially literate people I get to know the more I realize how caring wealthy people really are. It's amazing. I will highly recommend to my friends and coaching students to read this book.
- Rating: 5 out of 5 stars5/5Love the content. Wondering why you wouldn’t find someone to read it a bit slower. I know you wanted your enthusiasm to sine but at times, it made comprehension a bit hard. There were areas that I just had to stop the book until I had a safe place in my commute to go back and relisten. I also came close to putting it down after the first chapter even though I knew it has profound truths in it.
- Rating: 3 out of 5 stars3/5A entry level look at a handful of financial paradigms that cause most people trouble. The only significant problem I found was the chapter on insurance which needs to be processed through "Aftershock" by: David WiedemerThe single most important chapter could well be the one describing the difference between price and value and how focusing exclusively on price will always hurt the buyer.