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Cash Cows, Pigs and Jackpots: The Simplest Personal Finance Strategy Ever
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Cash Cows, Pigs and Jackpots: The Simplest Personal Finance Strategy Ever

2.91 of 5 stars 2.91  ·  rating details  ·  22 ratings  ·  5 reviews
A contrarian and controversial look at personal finance, and a super simple strategy for making--and keeping--more moneyTraditional financial wisdom persuades us to grow our net worth and build our assets. But traditional financial wisdom is often wrong. In "Cash Cows, Pigs and Jackpots: The Simplest Personal Finance Strategy You'll Ever See," author and Chartered Accounta ...more
ebook, 192 pages
Published September 19th 2012 by Wiley (first published September 17th 2012)
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Holly Vipond
Someone who is not a financial professional holding himself out as a personal finance guru. He is strangely biased against wealthy people, saying that you may as well not try to be wealthy because you'll probably lose it all anyway and other people's wealth is built on a house of cards. He also says stupid things like that you can't make money off a rental property unless the mortgage is fully paid off, and the best way to protect your earning power is to eat well and exercise (no mention of dis ...more
I was hoping for some insight into my cash inflow and outflow. Unfortunately as a homeowner who is not near retirement, this book didn't have a lot for me. A large part of it is an analysis of whether you should buy or rent, and should you buy a condo. If you haven't bought property yet, it might indeed be useful.

Another part of the book evaluated the CPP, OAS, and RRSPs. It may help you understand these things more, and would be interesting if you were near retirement, but there were no "lightn
Overall, I found Trahair's ENOUGH BULL to be a better personal finance book than this one. I wasn't a fan of the (well-intentioned) bits on happiness, or generally the theme of cows, pigs and jackpots. But, I found the chapters on condominiums (which even include an example of buying a condo in Toronto vs. Renting) and CPP to be very helpful information that is tough to get elsewhere.
Jeff Wyonch
Trahair is a great writer on personal finances, and I love his balanced 'no silver bullet' approach. While this is not the greatest news to hear, it's better advice than most get. Covering mortgages, retirement, and basic personal finance issues, I highly recommend this.
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