» » Missed Fortune 101: A Starter Kit to Becoming a Millionaire
e-Book Missed Fortune 101: A Starter Kit to Becoming a Millionaire epub download

e-Book Missed Fortune 101: A Starter Kit to Becoming a Millionaire epub download

Author: Douglas R. Andrew
ISBN: 0446693510
Pages: 304 pages
Publisher: Business Plus; Reprint edition (April 29, 2010)
Language: English
Category: Investing
Size ePUB: 1447 kb
Size Fb2: 1672 kb
Size DJVU: 1782 kb
Rating: 4.8
Votes: 491
Format: lit mbr doc lrf
Subcategory: Business]

e-Book Missed Fortune 101: A Starter Kit to Becoming a Millionaire epub download

by Douglas R. Andrew



Missed Fortune 101: A St. .has been added to your Cart. Douglas Andrew is currently the owner and president of Paramount Financial Services, Inc, a comprehensive personal and business financial planning firm

Missed Fortune 101: A St. Douglas Andrew is currently the owner and president of Paramount Financial Services, Inc, a comprehensive personal and business financial planning firm.

Missed Fortune 101 book.

is like no other money guide you've ever read. Its author, successful financial strategist Douglas R. Andrew, dares to question the conventional wisdom on personal finance that most people accept.

Andrew, Douglas R. Publication date. Books for People with Print Disabilities. Internet Archive Books. Delaware County District Library (Ohio).

They're All False MISSED FORTUNE 101. is like no other money guide you've ever read.

book by Douglas R. Andrew. They're All False MISSED FORTUNE 101.

Douglas Andrew is currently the owner and president of Paramount Financial Services, Inc, a.It is easy to read and understand Mr. Andrew's concepts. He says in the book that his investment strategy is not for everyone and it isn't

Douglas Andrew is currently the owner and president of Paramount Financial Services, Inc, a comprehensive personal and business financial planning firm. He says in the book that his investment strategy is not for everyone and it isn't. You must be very disciplined or it could cost you unnecessary expenses. I have been using his strategy for about . years now and it is going quite well.

Listen to unlimited audiobooks on the web, iPad, iPhone and Android. Missed Fortune 101: A Starter Kit to Becoming a Millionaire. Written by Douglas R. Narrated by Douglas R. Unaware, we proceed down the highway of life, pursuing financial security with one foot on the brake pedal and the other on the gas. We may eventually make it to our destination, but only after a pretty jerky ride. We wonder why a few others arrived at the station of financial independence sooner, achieving more, with a much smoother ride.

Электронная книга "Missed Fortune 101: A Starter Kit to Becoming a Millionaire", Douglas R. Эту книгу можно прочитать в Google Play Книгах на компьютере, а также на устройствах Android и iOS. Выделяйте текст, добавляйте закладки и делайте заметки, скачав книгу "Missed Fortune 101: A Starter Kit to Becoming a Millionaire" для чтения в офлайн-режиме.

Written by Douglas R. Andrew, narrated by Douglas R. Missed Fortune 101. A Starter Kit to Becoming a Millionaire. By: Douglas R. Narrated by: Douglas R. Length: 9 hrs and 54 mins. Categories: Business, Personal Finance & Investing.

True or False? * Always prepay your mortgage. * The right 401(k) or IRA will completely cover your retirement. * Defer your taxes and postpone the pain. * True wealth doesn't last forever. They're All False! MISSED FORTUNE 101 ...is like no other money guide you've ever read. Its author, successful financial strategist Douglas R. Andrew, dares to question the conventional wisdom on personal finance that most people accept. He reveals the ways banks, credit unions, and insurance companies amass tremendous wealth-what they do, and what they don't do. He shows you how to seize financial opportunities you never knew existed. With MISSED FORTUNE 101 as your guide, you'll never view your house, your mortgage, your retirement plans, your investments, and your other assets the same way again. * Put the lazy, idle dollars trapped in your home to work safely-and reap as much as an extra million. * Discover hidden and perfectly legal tax breaks-and treat yourself to some surprising windfalls. * Play the bankers' favorite game-borrow at one rate and invest at a higher one. * Explore lesser-known retirement vehicles-and avoid falling into a higher tax bracket when you stop working. * Turn your life insurance policy into an investment-and keep your taxes down and your capital up. * Find out which low-return instruments should be in your portfolio today-and why they'll become high-return stars tomorrow. * Reach your "freedom point"-your financial independence-long before "retirement age"! Learn the real rules of smart investing. Maximize your wealth with MISSED FORTUNE 101.
Survivors
I have read this book several times. It is easy to read and understand Mr. Andrew's concepts. He says in the book that his investment strategy is not for everyone and it isn't. You must be very disciplined or it could cost you unnecessary expenses. I have been using his strategy for about 6.5 years now and it is going quite well.

Mr. Andrew's main premise is to use other people's money to buy a home and invest the extra money (unpaid principle) into some other separate investment. Interest only loans are getting harder to find (2014) but you can still use conventional loans and refinance often if desired. He recommends investment grade indexed universal life insurance contracts that you can get from many sources besides him. I have mine through an investment manager who lives across the street. The secret is to fully fill the contract (he calls them buckets) in four to five years depending on age. Once a bucket is filled you can start another which I plan on doing.

Insurance products have a very high cost up front but over 20 - 30 years or more they are about the same as a typical mutual fund. However, they do not fluctuate wildly with the stock market and can be borrowed against tax free. They also protect your family well before you reach your investment goals. One thing to remember is your investments don't stop when you retire. They should go on until you pass which could be a long time depending on how long you live to.

If nothing else, Mr. Andrew shows how important it is to start saving for retirement as soon as possible. Time really helps your investments. Good luck.
Naa
The alternative of using life insurance as the "safe" part of your portfolio makes sense. Do you have to do it? NO, but at least learn of the option and then decide if you will use it or not. I think it is wise to have a variety of assets and investments so that you are not too exposed into just one kind of investment. As an example, imagine if all your wealth is concentrated in real estate and something happens that makes real estate values plunge, you are in deep trouble. However if your wealth is dispersed in insurance products, real estate, precious metals, mutual funds, etc., now while your real estate holdings may be hurting, your other investments may be doing well. So at the end of the day, why not consider adding life insurance to your portfolio? Douglas Andrew makes a convincing argument for the use of life insurance, it is worth exploring. All it will cost you is a few dollars to buy the book and a few hours on a Saturday afternoon to read the book.
Ynonno
Don't know if it will be relevent if new federal tax laws are enacted. Congress can't seem to get anything done. Always taking vacations on the tax payer. Its full of good info but better have a really good tax attorney look at your situation. Some one like Moskowitz, LLP. They're the best in the country!!
Black_Hawk_Down
Thought the book was good but examples are old and do not apply to this day when interest rates are at all time lows.
Everything is based on your money earning 6-7 % interest.
Still made me think differently about IRAs.
Quemal
There are a lot of plans for a comfortable retirement but this one is one of the best. It isn't for everyone though, because it goes against all the "traditional" ideas of retirement planning. There are many people that will attempt to discredit this plan but it is solid and it works. Read the book and decide for yourself.
Arryar
Very Informative, .... a bit of a sleepy read. But the material is valuable. But you can only make financial material but so interesting..
Nikok
Great book!
I think I would sign up for this if I had a lot of money and have as a small part of my portfolio - but for the most of us this would mean putting all our eggs in one basket, and not be able to take them out again.

I had 2 telephone appointments with the author's son contemplating signing up with their method. I expressed our concerns about our liquidity if another disaster of some sort happens. When 9/11 happened our income went down significantly for 1-2 years afterwards, and if it happened again we would not be able to pay the much higher mortgage we would have if we re-financed according to his plan. He swiftly explained that we would just file for bankruptcy(!). We have worked hard for ten long years putting our sweat equity into making our little house our dream home that we never want to leave - you can't buy a view like ours for a mortgage of $800/month anymore - why would we want to gamble with that?? The negative amortization loan he suggested would easily be covered by the continually rising house values here in Southern California, he explained. I protested that nothing can keep going up and up forever, and I didn't want to sit with an upside-down situation in my house at re-finance time. He didn't agree - just look at history he said - it keeps going up! Fast forward a few weeks and the whole foreclosure heaven came down, and our house is worth a good $100.000 less than just a year before...

Boy are we happy we didn't put blinders on and get too gullable!
We will find another way to provide for our retirement, thanks.

Also his projections of payouts in retirement are not adjusted for inflation so it really doesn't tell you much. $70k might sound like enough today but what will it be in 30 years...?

Please look into your options, consult a few traditional financial planners and ask them to explain the differences and in particular the high fees associated with this method. We found out that we'd be pretty well off just by investing the difference between our current mortgage payment and the one we would have re-financed to. Also have an equity line on your house and you will have the liquidity the book tells you you can't have unless you go with their method.