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Review title: Parable of the Pipeline by Burke Hedges
Product review: The Parable of the pipeline is a captivating story with a serious message on how one can achieve personal and financial freedom. Instead of leaving from pay cheque to pay cheque every month for the whole of one's life, the author is advocating something better and smatter. From one's salary, one needs to put aside residual income for investment. This the author calls building a pipeline. An investment yield returns all the time, any time of the day, in good and bad times, whether one is sick or not. Just like a pipeline, which once constructed keeps pumping daily, year in, year out, whether one is there or not? With a paying job, one is trading time for a pay cheque (a day's work for a day's pay) but if one falls ill and is no longer able to work, the pay cheque also stops and life grinds to a halt for those people who never thought6 of investing in a pipeline, but instead were to content live from month to month on their salaries.
