Wealth Without Stocks or Mutual Funds – A SavvyReview and Giveaway

John JamiesonAuthor John Jamieson’s biography notes he has come a long way from his days as a college dropout. He has been a successful businessman for over 22 years and has launched several companies from nothing more than an idea and a goal. He has spoken to hundreds of audiences all over the United States and Canada on the subjects of Business, Real Estate, and Wealth Creation.

As he traveled, speaking and training, he realized there was a better way to reach more people; and be home more often for his family. He decided to write a book about what he has learned and put into practice in his own life. The idea was to help people of all economic means in reaching their goal; to create and build tax-free generational wealth as well as retire comfortably.

The result is Wealth Without Stocks or Mutual Funds: The Ultimate Blueprint of Little-Known, Powerful Strategies for Building Diversified Wealth and Income.

As someone who will be relying on pensions, one from active duty service, the two the wife and I are currently securing through our present employer and of course, Social Security as the anchors of our retirement portfolio; and who uses mutual funds – via Thrift Savings Plans (a 401k equivalent) and IRAs – as a significant support to those pensions, my interest was piqued and I jumped at the opportunity to review a book where the title clearly states that wealth can be achieved without stocks or mutual funds and a description which notes, ‘Most traditional financial advisors will tell you a “balanced & diversified” portfolio consists of different sectors of stocks. Garbage!’

Wealth Without StocksOf course I was already fully aware there are other avenues to building wealth. However, while my own experiences, training/education and interaction with other investors has led me down one particular path for building wealth and preparing for retirement, I’m certainly interested in learning more about a different approach. Building wealth, which can provide income from multiple sources, via various methodologies, is a good thing.

Early on, in the Preface, Jamieson makes a claim that is sure to gain the attention of most readers. Most ‘traditional’ investors typically think in terms of holding different assets classes (stocks, bonds and cash), different assets within those classes and adjusting the weighting of those classes as they progress toward retirement – or some other financial goal – when they think of ‘diversification.’ For Jamieson, “A truly diversified yet powerful wealth strategy must include investments and strategies outside of the stock market completely.”

Broken down into seventeen chapters, at 263 pages the book can be read in a weekend. Each of the first sixteen chapters covers a specific strategy. As examples, chapter three discusses reducing your taxes, chapter eight provides lessons on turn-key income properties and chapter thirteen sheds light on investing in mobile home parks. In the seventeenth, the brief and final chapter, Jamieson identifies three groups who would be reading this book … those with higher wealth ($100,000 – $500,000 in investments) and salaries (over $100,000), more moderate wealth ($30,000 – $100,000) and income ($50,000 – $100,00) and those with a modest amount ($0 – $30,000) currently invested; and identifies game plans for each respective group.

While I am quite satisfied with the approach – heavily reliant on mutual funds – I have taken on my road to retirement, and I have no interest in some of the strategies (e.g. investing in mobile home parks) mentioned, I do believe there is value in looking for alternative ways to build an investment portfolio or augment a portfolio that consists of stocks and mutual funds. That is particularly true for younger individuals and those who are not fortunate to have access, or limited access, to defined benefit or defined contribution plans. Wealth Without Stocks or Mutual Funds: The Ultimate Blueprint of Little-Known, Powerful Strategies for Building Diversified Wealth and Income is available at Amazon in Kindle and Paperback formats.

The Giveaway – simply leave a comment to be entered – will end, and the winner selected, at 12:00 p.m. (EDT) on Sunday, February 14th.

Following the publication of this post, I received an email from the author with this notification:  “I am offering a free home study course with 13 audios and manual to book buyers. This course has been sold from the stage for $995.00 at Rich Dad Poor dad events as well as several others.  If they [readers] buy the paperback or kindle they get the downloads of the entire course for free.”

Blogger-in-Chief here at RetirementSavvy and author of Sin City Greed, Cream City Hustle and RENDEZVOUS WITH RETIREMENT: A Guide to Getting Fiscally Fit.


  1. James – Is he presenting any new or innovative ways to diversify your portfolio or does it mainly fall in the area of real estate?

    • Real estate in various flavors – he discusses mobile home parks and turn-key income properties – is one component. However, there are other options including Internet marketing. While there are some other investment options outside of traditional stocks and bonds, he combines those options with what I would refer to more as strategies (e.g. reducing income taxes) vice investment options. Check out the table of contents in the Look Inside! feature of the book at Amazon to see a listing of the investment options/strategies he discusses.

  2. It is good to see people willing to help others navigate through the cloudy investment world.

    Most people are used to the old investment models. You have to try a new approach.

    Great review James.

    • Thanks for stopping by, Michael and you are correct, there are multiple ways to reach your retirement/investment goals. With any approach, the keys are to educate yourself to the greatest extent possible and be disciplined during the execution of a well developed plan.

    • Congratulations! I look forward to getting your feedback once you’ve had a chance to read the book.

  3. Sounds to me like he is saying the same thing as “most traditional financial advisors” he is just selling a different product.

    • I think one big difference is that he turns the focus away from stocks and mutual funds to focus more on other types of investments. Thanks for stopping by, my friend.

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