7 SIMPLE STEPS TO GET RICH

1.      GET IN THE GAME: The biggest mistake most people make when it comes to investing money. Robbins says, is simply not doing it out of fear that's too daunting a task." You don't want to own an Apple phone, you want to own Apple." He wrote in Money, Master the game.

2.      DON'T LOSE MONEY: This may seem like an obvious one but you always need to be thinking about mitigating risks. In unshakeable, Robbins explains that the first thing he wants to hear from his investors is how they can "minimize the downside" of a new investment.

3.      THE FIRST GOAL SHOULD BE FINANCIAL SECURITY: Robbins defines " financial security" as the money in your life where you are able to pay for at least five things with money you have made from investing; mortgage, utilities, transportation, food and basic insurance.

4.      MAKE FINANCIAL INDEPENDENCE YOUR NEXT GOAL: Robbins defines "Financial Independence" as the moment you make approximate 20 times your income off your investments. "It's where I don't have to work but I get the same lifestyle."

5.      DIVERSIFY YOUR INVESTMENTS: So how do you achieve security and independence? First Robbins says not to put all of your eggs in one basket. Diversify your investments in four ways: across different asset classes, within asset classes, across markets and countries and across time.

6.      BEWARE OF FEES: Compare adviser fees on everything. "What you don't know will hurt you in the financial world." Robbins writes in Money, Master the Game.

7.      BEWARE THE "ENDOWMENT EFFECT": Robbins says this emotional bias is caused by "Investors placing a greater value on something they already own, regardless of it's objective value." This makes it harder to part ways with a falling investment.

References; www.inc.com, The book; MASTER THE GAME written by Anthony Robbins.