Missed Fortune 101: A Starter Kit to Becoming a Millionaire

Abridged Audiobook

Written By: Douglas R. Andrew

Narrated By: Douglas R. Andrew

Publisher: Hachette Book Group USA

Date: December 2006

Duration: 3 hours 42 minutes

Summary:

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.

Genres:

  • Anonymous

    Well, this book has a lot of technical jargon. I was actually looking for something a bit more simplified/general in terms of finance. The book narrows its focus down to annuities, mutual funds, and life insurance. It is also on interest-only home loans. Its in regards to tax advantages to the max. Nice, yes? but hard to understand if you don't pay attention closely. The book is not for the everyday person looking for general advice, but is geared for the serious investor w/ some general experience.

Missed Fortune 101: A Starter Kit to Becoming a Millionaire

by Douglas R. Andrew

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