Book Review and Giveaway: Killing Sacred Cows

Sounds like an interesting book, I’d love to win a copy!

I’ll toss my hat in the ring…

Sign me up.

Would love to win a copy of this book.

The book sounds interesting. Count me in!

That’s one thing people tend to get confused, price and value. Price does not necessarily reflect value and vice versa. A good example would be oil and gas. Six months ago oil was $140/b, people got up and drove to work. Today oil is $55/b, people get up and drive to work. The price has changed drastically but the value remains the same. Or the other way — Cabbage Patch Kids.

The same goes for ‘people value’. Although the market usually prices things accordingly (e.g. surgeons making more than paperboys) there will always be anomalies (e.g. CEO’s of failed banks “earning” more than anyone; volunteers who build schools in Third World countries getting paid nothing — I though education was important?).

As for working your “soul purpose”, that idea has been around forever. Unfortunately, the world doesn’t always value or price everyones “soul purpose” at living-wage levels. What if your “soul purpose” is poetry and that’s what you had “extreme passion” about? The current market is still not going to price nor value you even a fraction of what a mechanic or plumber gets paid (even if they hate their jobs).

The real soul killer is when it works the other way, when the worker finds no value in the job he/she does and does it simply for the pay cheque — like me and millions of others. Sometimes reality trumps soul.

Hope I win!

I’d love to read it.

Count me in!

Would like to give it a read!

If this book is any indication, it didn’t take long for the capitalist system to kick right back in. Working for “soul purposes” works only in an environment that doesn’t require wealth creation. So unless your born a Warren Buffett, be prepared to make sacrifices of the soul. Count me in, and enjoy your day.

What if your soul purpose is killing sacred cows?

This actually sounds like an interesting read. I’ll put on my library list even if I don’t win. Thanks for the review and contest. Moo!

I love free stuff! Sign me up.

I’d love to win a copy of this book!

Based on your review, it promises to be an interesting read!

If I win, and once I completed reading it, I would donate the copy to the local library as they don’t have one yet.

I’m definitely interested … the Soul Purpose section caught my eye as I’m in one of those “working for a paycheque” situations and want out!! :)

count me in

If money is the result of adding value to the world, then people who work in various low (or no) paying jobs helping other people (NFP workers, volunteers, teachers, etc) are not adding value to the world? Perhaps I am taking this too literally. Like similar books, it is only one man’s opinion and view of the world – which can be quite colored when you are a multi-millionaire under 30. Take from it what works for you and that you think is logical.

Ooooh, a challenge to most if not all of my core beliefs about money. Sounds like a must read.

Thanks for the review.

sounds like an interesting read

I believe this book is very informative!

I like business books. Sign me up.

I feel lucky today.

Fuzzy Wuzzy was a woman

Sounds interesting, sign me up!

I like to try my luck

Sounds interesting for sure……… maybe we are all wrong.

I don’t know what my “soul purpose” is, but I know my “sole” purpose is to make some ca$h.

Lots of it, now and for later.

Oh, and to score a free book or two along the way. Also good.

Oh Oh Oh Pick me!!!! :)

Count me in.

For more money myths, download and watch “Zeitgeist Addendum” – it’s free and will shake up the way you think of money… even if slightly overexaggerated. Count me in btw

That ’soul purpose’ is what every person is created for.

Please count me in…

This book sounds interesting and a good read. I am in the middle of determining my “soul purpose” so it could be very relevant.

I would love to read it – sign me up!

great post! I’ve heard good things about this book.

Sounds very interesting. I’d love to have a copy!

Can’t pass up a free book!

Count me in.

All well and good as far as it goes. But to what extent is just plain luck a factor? “Time and chance…”?

Count me in…

Yeah, free book!

I’ll bite.

Sounds like an inspiring read!

I’m starting to wonder if the real trick to making lots of $$ is to write a book.

Great.

Nothing like a giveaway to bring the traffic up (guilty as charged)

Very interesting book. Please count me in.

I’d like to hear more on which of the myths you might disagree with from the book.

For myself, I already investing in myself, I have the job and life I want right now, I’m becoming financially literate and continuing to build wealth.

So I’m curious but also kind of thrown off that these ideas of wealth accumulation, lowering risk for long term investments, avoiding debt, living below my means, and self insuring may be myths.

sounds interesting I wouldn’t buy it but love to win it

FT; the titles on the myths are all pretty short. With even a little wiggle room, it’s pretty easy to “disprove” all of these.

Take the whole RRSP/401ks concept. Check out this post on the Mint.com blog.

The post talks about the 10 / 10 / 4 rule for retirement. Starting in your 20s, save 10% of your income target 10x your ending salary in savings, withdraw 4% per year. This is the type of model being pimped to you and to me, it’s the type of model that was pimped to our parents. Experts have been pimping these retirement models for decades.

The model is full of shit.
(and I don’t swear very often)

Read the post for explanations.

From Gunderson’s web site, here are realities we’ve been talking about on this blog for a very long time:

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.
Listen to the masses of people who are now worried about retirement b/c the market tanked. If you are anywhere close to retirement, why would a tanking market have any influence on your ability to retire?

Conventional retirement planning strategies, techniques and products are probably keeping you from the retirement you really want.
(see above) It already sounds like something’s wrong here and I haven’t read the book.

Net worth is a poor indicator of wealth and your ability to retire well.
Talk to Derek Foster.

Debt may not be what you think it is.
We’ve been over the Good debt vs. bad debt. Look at the use of SM. Our discussions about student loans. How many people on any of these blogs have actually bought all of their cars in cash?

We’ve been talking about the themes in this book for a very long time.

This book is just the big hammer that tries to place reality all at once instead of the bite-sized pieces in which we’ve been working.

Don’t include me in the draw, I’m off to buy my own copy (and likely mail out a few), this sounds like the book I’ve wanted to write for over a year :)

Count me in!

Always up for a good book. Thanks for the review.

Sounds interesting. Count me in!

@#62

I’ve watch Zeigeist Addenum. Before this video, their earlier videos were “informing” you about the potential danger of the so called “elitists” to enslave the world via microchips and other tactics a la “Big Brother” style. Now, in Zeigesit Addenum, they turn their ideologies 180 degrees around and are actually PROMOTING the enslavement of people in their so called “Technological Utopia”. If I didn’t know any better, I’d say the Zeigeist videos were actually produced by the same so called “elitists”. But to gain your trust, they had to bash themselves in the first few videos…

Interesting concept….I’ve often thought about that too (people, in theory, maximize their utility when they’re doing what they’re best at/good at/love doing). Too bad it doesn’t seem to jive with our humanity.

Wouldn’t mind to read that book, either.

Sign me up! Better not advocate stocks like other million books. Would love to read though!

Put my name in the hat. Another good book that sounds similar is the 4-Hour Work Week.

Put me in!

Will definitely check this book out

Thanks

Sounds interesting.

Keep it up thanks for the free books to readers

I don’t mind not winning a copy.
Through the interlibrary loan system I can get almost all the books I want, usually for free and sometimes after a bit of waiting time.
But if I win a copy I would be glad to read it and then donate it to my local library!

Thierry

I would love to win a copy!!

I’m tired of reading about clipping coupons and maxing out the 401k. Neither apply to me. I’m all about killing some sacred cows and, as such, would love to win a copy of this book. Thanks.

Looks like an interesting read, count me in!

I am always interested in a read that poses new thoughts/perspectives that challenges traditional wisdom. Sounds like an interesting read…

count me in!

Thanks for Sharing. Please count me in.

Count me in.

Include me, please.

mmmmm free books

Interesting. I’d love to win a copy!

i would like to read this book. So , please sign me up…

Looks good. Count me in.

Perfect, timely, I need to know more about how to make my money back and how to act on investment loan call backs that I can’t afford to pay back without cashing in investments.
This would be an interesting read !