Missed Fortune 101, Douglas R. Andrew
Missed Fortune 101, Douglas R. Andrew
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Missed Fortune 101
A Starter Kit to Becoming a Millionaire

Author: Douglas R. Andrew

Narrator: Douglas R. Andrew

Abridged: 3 hr 41 min

Format: Digital Audiobook Download

Publisher: Business Plus

Published: 12/01/2006


Synopsis

Isn't it time YOU became wealthy? Bestselling author and expert financial planner presents an extraordinary collection of must-have financial advice.
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.

Reviews

Goodreads review by evan on March 23, 2007

this book is written just like an infomercial. seems like the first 2/3 of the book is promises about what will be revealed later in the book. his examples have a lot of logical holes in them - it's mostly sensationalist proof - based on circumstances. his writing style is crappy, he doesn't do a go......more

Goodreads review by Cordell on July 27, 2008

This is a dangerous book. Dont read it unless your a financial professional. He makes a lot of claims that simply dont stand up. 2/3's if the book is puffing about how great the book is and 1/3 is full of half truths or rather half disclosures. For example he recommends you take a 2nd mortgage out on......more

Goodreads review by Major on August 06, 2014

Good read; however, after querying a financial advisor, an insurance agent and a tax attorney, the tactics seem more appropriate for folks of a more advanced monetary status and those a bit further along in their lives.......more

Goodreads review by Wilson on May 12, 2009

As this book is titled as a Starter Kit, it goes over some basic concepts and gives out simple financial advices. It is a great way to learn a bit on how to manage your own finances.......more

Goodreads review by Geoffrey on January 20, 2017

Best lesson to be had from this is that if you are an astute investor and have the ability to remove primary residence equity via an equity line and invest it elsewhere in a product that is simple, relatively secure, something you understand, and produces a return greater than what you are paying fo......more