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Stop Sitting on Your Assets: How to Safely Leverage the Equity Trapped in Your Home and Transform It Into a Constant Flow of Wealth and Security

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List Price:
$24.95
Pay Mortgages Price:
$18.21
Your Savings: $ 6.74 ( 27% )
Subject To Change Without Notice
Availability: Usually ships in 24 hours
Manufacturer: Ethan Madison Publishing
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Average Customer Rating:     

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Binding: Hardcover Dewey Decimal Number: 332 EAN: 9780979014208 ISBN: 0979014204 Label: Ethan Madison Publishing Manufacturer: Ethan Madison Publishing Number Of Items: 1 Number Of Pages: 253 Publication Date: 2008-03-01 Publisher: Ethan Madison Publishing Studio: Ethan Madison Publishing
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Editorial Reviews:
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Are you caught up in the financial thinking of the last century? That's when we learned to buy a home and pay it off as quickly as possible. It made sense in the conditions that existed back then. It doesn't make sense today. How would you like to: - Safely leverage and compound assets you didn't realize you had?
- Become your own bank and build family wealth?
- Pile up stock market gains, but never take the losses?
- Lock-in a rich, secure and carefree retirement?
- Transform the IRS into your wealth-building partner?
- Create real wealth, empowering you to help others?
- Get to your existing retirement funds with little or no taxes?
- Leave a fortune to your heirs?
Stop Sitting on Your Assets makes these strategies crystal clear--and you can apply them with security and ease. If you own a home, you owe it to yourself to know about today's new reality: You are sitting on a potential fortune that can safely and confidently be put to work to build a massively abundant financial future. A future so rich that, before this book, could have only existed in your dreams.
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Spotlight customer reviews:
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Customer Rating:      Summary: The SIMPLEST way to get your head around Equity Management! Comment: I buy this book by the case and give a copy to every client in my business. It is the simplest form I have found to help people understand the concept of Equity Management! You can read the books put out by Doug Andrews and you can get lost in the complexity of his language and style. The book is the "Equity Management FOR DUMMIES" that makes it all very easy to understand and gets you moving in the direction of taking action with a competent financial professional or two.
Customer Rating:      Summary: A great enlightenment Comment: I am glad I stumbled upon "Stop Sitting on Your Assets", it is an amazing book that I believe should be picked up by anyone who cares about taking charge of their financial future. I know a lot more now than when I started, am not groping in the dark about concepts of mortgage, equity and real estate. The H.E.R.O. Solution taught me significant financial concepts so that I can be capable of being my own bank -- which is one of the things that author Marian Snow promises. Apart from learning, I have started to apply these principles, and I am reaping the financial rewards. I'd like to give a hefty thanks to Marian Snow for sharing these secrets. It's about time somebody changed Americans think about equity and mortgage.
Customer Rating:      Summary: Loose your HOME (with little or no risk) Comment: Very sad and full of danger.
Get rich by writing a book for to help loose your money.
Customer Rating:      Summary: Excellent guide to build wealth for retirement! Comment: Stop Sitting On Your Assets is far more than just a fun and intriguing title. This book will put you on the course to amass a retirement nest egg that is beyond what you thought possible. Marian Snow provides a clear, concise message with a strong call to action. I have purchased dozens of copies to loan or give my financial planning clients.
Customer Rating:      Summary: Take Out Mortgage to buy Life Insurance?? Comment: I haven't finished the book, but I think I want to raise a question here. Any different thoughts are welcome.
I feel the comparison table on page 26 is questionable. Since Harry did not need to pay mortgage, he could put a total of $240,000 into a side account over the 15 years and let them grow, this will be easily more than double the account at the end. The earning of this side account should be added to Harry's Net Worth. So nobody actually getting ahead.
Who is the winner actually should depends on if the investment outside the mortgage outgrows the mortgage interest (if ignoring the tax benefit to make it simple in the calculation).
I agree the home equity is not safe and illiquid. But saying the side account borrowed from mortgage will definitely outperform is not true to me.
Yes, there is tax benefit. But outside account needs to pay capital gains too. Insurance policies? I need to dig into this more, but at least you need to pay the insurance premium. There is no free lunch really.
For whom who wants to take out mortgage to buy life insurance policy, think a little deeper before doing so, at least for me.
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