A definitive, easy to understand and breakthrough guide on how young people can take their limited first income and turn it into a small fortune by the time they turn thirty.
Douglas R. Andrew is the owner and president of Paramount Financial Services, Inc., a comprehensive personal and business financial planning firm. His sons, Emron and Aaron Andrew, have clients nationwide whom they advise for asset optimization, equity management, and wealth empowerment.
In a narrative format, Andrew and sons mix classic personal finance counsel-e.g., cut and track your spending-with nontraditional thinking along the lines of "don't pay down your mortgage, or you'll lose all the tax write-offs." Reminding dudes that time's on their side (this is not for baby boomers), the authors keep the big picture paramount. Their attitude is "buy and hold," not "buy and mess around with your long-term investments every week." While the main method they promote might be tough in a recession, the basic concept (real-estate appreciation) has held true since.well, the Mayflower. The unabridged versions, read by the authors, are worthy as well. Check the Kindle version, too.-Douglas C. Lord, Connecticut State Lib., Middletown Copyright 2008 Reed Business Information.