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Lunch » Tags » Books » Reviews » Ivy League Wealth Secrets: That the Master Planners Don't Want You To Know! » User review

Ivy League Wealth Secrets

  • Mar 21, 2010
Rating:
+5
The author shows us how to keep more of what
we earn. The cost of a college education rises
5-6% per year. Public colleges provide a cheaper
alternative than private colleges. The next
biggest cash outflows are for home finance, retirement
savings and the payment of income taxes.

The most important thing we can do is to prepare
a budget to monitor the sources and uses of cash.
There are some very discriminating differences
between whole life and term insurance which result
in considerable alternative uses for our savings.

The book depicts a pyramid consisting of commodities,
precious metals, investment property, stocks, bonds,
bond funds and savings plans. The hiring of a
financial professional can help quantify the
"What if" scenarios all of us face. Another important
consideration is the default environment for our
savings. The federal government increased taxes
dramatically from 1932- 1981. Then , taxes were
reduced.

The author shows us how mortgage debt can reduce
taxes considerably while building equity simultaneously.
Lastly, we should teach our children the value of
money because financial management is a lifetime
skill. Overall, this book is an excellent value for
the price paid. The contents will benefit heads of
households everywhere.

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review by . March 26, 2010
For most people, the best thing that they can do about improving their financial health is to simply spend some time performing a realistic and honest analysis of what they are doing. As Soltis so rightly points out, repeated many times over an extended period, even a $1-$2 savings can add up to a substantial amount. When considering whether to finance a major purchase or to pay cash, it is necessary to factor in what the money would earn if it were to be invested rather than spent. Unfortunately, …
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Dr Joseph S Maresca ()
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Dr. Joseph S. Maresca CPA, CISA      21 Amazon / KDP Books including:   SEARCH- America's Comparative Advantage by Dr Joseph S Maresca   SEARCH- The Solar Energy … more
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BEHIND THE CURTAIN: A BEHIND THE SCENESLOOK AT THE SECRET SCIENCE OF MONEY

Build and Protect your Wealth by Creating an Environment for your Money. We live in one of the most educated countries in the world, yet we are largely fi nancially illiterate as a group. Few of us even balance our checkbooks or adhere to a monthly budget. Our top colleges and schools off er few courses on basic fi nancial life skills. What Types of health, auto and life insurance should we select? What is the right way to fi nance my home? Which debts should I pay off fi rst? How should I fi nance my car purchases? Not everyone gets into an Ivy League School…but anyone can benefi t from an Ivy League Education.Stop guessing and make confi dent money decisions. Imagine a life where money doesn’t cause you any worry, confusion or anxiety. Imagine a world where we all understand the science of money. A life where there is no fear surrounding money and personal fi nance. Imagine a life where you are in control of your money…and your money is not in control of you! It begins with creating an environment for your wealth to grow. This book off ers you a glimpse behind the curtain, at the secret science of money. The Rich Keep Getting Richer Now You Can Too! ...Learn How. Tired of market ups and downs? You’ll need to learn how to create an environment for your money, to build your wealth in any fi nancial market cycle. Learn how to avoid many common fi nancial pitfalls. Dispel fi ...
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Details

ISBN-10: 1432746502
ISBN-13: 978-1432746506
Author: Keith R. Soltis
Genre: Business & Investing
Publisher: Outskirts Press
First to Review
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