Mellow Your Money

How to Surf the Market and Build Wealth Without Stressing Yourself Out

Non-Fiction - Business/Finance
Kindle Edition
Reviewed on 10/18/2023
Buy on Amazon

This author participates in the Readers' Favorite Free Book Program, which is open to all readers and is completely free. The author will provide you with a free copy of their book in exchange for an honest review. You and the author will discuss what sites you will post your review to and what kind of copy of the book you would like to receive (eBook, PDF, Word, paperback, etc.). To begin, click the purple email icon to send this author a private email.

This author participates in the Readers' Favorite Book Review Exchange Program, which is open to all authors and is completely free. Simply put, you agree to provide an honest review an author's book in exchange for the author doing the same for you. What sites your reviews are posted on (B&N, Amazon, etc.) and whether you send digital (eBook, PDF, Word, etc.) or hard copies of your books to each other for review is up to you. To begin, click the purple email icon to send this author a private email, and be sure to describe your book or include a link to your Readers' Favorite review page or Amazon page.

This author participates in the Readers' Favorite Book Donation Program, which was created to help nonprofit and charitable organizations (schools, libraries, convalescent homes, soldier donation programs, etc.) by providing them with free books and to help authors garner more exposure for their work. This author is willing to donate free copies of their book in exchange for reviews (if circumstances allow) and the knowledge that their book is being read and enjoyed. To begin, click the purple email icon to send this author a private email. Be sure to tell the author who you are, what organization you are with, how many books you need, how they will be used, and the number of reviews, if any, you would be able to provide.

    Book Review

Reviewed by Bryone Peters for Readers' Favorite

Making money through investments and the stock market can be daunting. Like most things, people manage their investment portfolio with too much emotion and too little excellent financial behavioral wisdom. People can learn from working with a financial advisor that they are comfortable with, but also from a literary resource. Mellow Your Money by Mick Heyman is a resource containing investment pearls of wisdom. Mick cautions everyone against panic behavior. He succinctly describes the forms of panic behavior in ways exemplified by former clients and the fear behavior in his own experiences. There are ways to develop wealth without so much fear. Mick will show you how to head back to the shore when the waves of financial life leave you with more stress than you need.

Mellow Your Money by Mick Heyman is a fantastic game-changer and a must-have investment resource. It was such a pleasure reading this book that I could not stop reading it. Mick’s words were honest about the hard lessons that he learned. The wisdom gleaned from the unexpected twists was funny and intriguing. Many of his investment anecdotes that paralleled experiences in real life made sense. It’s a brilliant read on the stock market trends, what to expect, and how people should and should not react. Mick includes a comprehensive list of movies and the lessons that each teaches. He stresses never losing focus in the long game because the market can be counterintuitive. The 100 points on the board story was a highlight for me.

Pikasho Deka

Everyone wants to be financially independent. But how do you do that without raising stress levels in an ever-changing market where nothing is guaranteed? A wealth manager with decades of experience, Mick Heyman offers the answers in Mellow Your Money. Heyman introduces readers to a somewhat laidback approach to investment that doesn't require you to pay much heed to the latest market trends but instead focuses on long-term objectives and investments. According to Heyman, sometimes what you don't do counts more than what you do. In this book, you will learn to find the right balance to managing your life and your money, the difference between perceived risk and actual risk, manage expectations, and know your risk thresholds while being patient and humble. The three-headed approach to good investment factors in fundamentals, valuation, and technicals.

Using personal anecdotes and stories from his own life, Mick Heyman explores the fundamentals of investment and showcases the ways our outlook can change in how we see investments and life. Mellow Your Money is a comprehensive guide to navigating the ups and downs of the market while feeling secure with a proven and established framework that provides good returns in the long term. Heyman is meticulous with his assessments and cites people from his life who helped him learn essential aspects of investment during his long career. In each chapter, you will find some valuable words of wisdom and recommendations for Hollywood movies focusing on how money works and its influence on people. I found the book very inspirational and informative, and I will recommend it to anyone seeking advice on the stock market.

Courtnee Turner Hoyle

In Mellow Your Money, Mick Heyman shares stories about past clients that helped shape his view on money and affected his life. Heyman explains investment terms and provides movie recommendations with money or life lessons, like patience, consistency, kindness, and goodness, as the central theme. The author discusses his experience managing finances, but he also studied history, collecting data for a company during a time when it wasn’t an easy task. He includes powerful quotes from prominent figures and pictures of his adventures and the people who have inspired him.

With real-life examples that support diversification, Mick Heyman grabs his readers with digestible language and relatable stories. Even if readers only pay attention to the narrative, they could gain a lot of market insight. Heyman does a great job of linking his childhood and adult experiences to money and the market and reminds readers to step outside their comfort zones. In the sections specifically about investments, the author shows a recurrent change through the decades that solidifies the idea that the market has cycles. Readers learn how to take manageable risks in life, compare tumultuous relationships to the market, and recognize that some hard moments turn out for the best. Heyman imparts wisdom throughout his book, and his references to certain incidents give the book a memoir-like quality, furthering its readability. Mellow Your Money is a great selection for readers who want to mold their experiences into life lessons and understand the long-range cycles of their investments.

Foluso Falaye

In Mellow Your Money, Mick Heyman shares the investment strategies he learned from his personal experiences. Through his stories, he explains the theory of benign neglect, the history of money, what incremental success means, the importance of striking a balance between risk and safety, the mixed-up rules of investment, and more. Additionally, he discusses how he believes in diversifying his investment portfolio and how it prepares him for unpredictable developments. The book follows his rich experiences of working in the financial market, including the impact of the September 11 attacks on investments. We also see the insights Mick gained from his grandfather's golfing method, a life-threatening tennis match with his father, fearing a four-foot fall in Mexico, a chaotic plane travel experience, and more of his captivating memories.

Mick's book makes learning about the money market a pleasant and smooth journey. Despite it being such a fun read, I gained a lot from the book about life as an investor, even as a former student of economics. From his fear of falling off a four-foot cliff in Mexico, I learned that I have to consider whether a situation or investment plan is genuinely risky or it just seems frightening but has "low ​odds of happening." Mick not only shares his own investment strategies but also enlightens us about what he learned from various amazing characters, including his family members, clients, and colleagues. This engrossing, investment-themed book shows readers that investment can be fun and in line with your personality. Mellow Your Money is a must-read for new and veteran investors alike. A fantastic read!

Essien Asian

Where the acquisition of wealth is involved, the rule of thumb is generally to first get it and then find the fastest means by which one can multiply it. As simple as that sounds, you quickly come to realize that when you take that idea and apply it to the money markets the tendency to lose it all is far more common than you think. This is because very few people have enough exposure to the industry to understand exactly what it entails to grow your wealth in it. Years of growing, protecting, and sometimes losing some of that wealth on a professional level puts Mick Heyman in the perfect position to explain it all to us. He has developed a set of rules based on his experiences that he believes would enable you to achieve your desired goal. Mellow Your Money is that book.

Mick Heyman uses his professional experience over the years as a template to explain what one can and cannot do when trying to build wealth using stocks, bonds, and the money markets. His explanations are straightforward enough to understand. The way he theorizes on them gives the reader more than enough time to understand the logic behind his instructions. The use of his experiences while dealing with his family members to buttress certain points goes a long way in making the book feel less like a lecture and more like some homely advice that is being passed down by concerned family members. The best part of this book is that he not only documents his losses but goes into detail about what went wrong and how he could have prevented it. Heyman puts his all into this book and opens himself up to possible criticism of some of his methods but the undeniable fact is your money management skills will be positively impacted by utilizing the knowledge in Mellow Your Money.