Get Rich Slow: Build A Firm Financial Foundation-- A Dollar At A Time

E-Book Overview

This book will enable you to tap into the powerful yet simple wealth-building tools the rich use to build and grow their fortunes. Whether you are trying to avoid the common mistakes most investors make, buy your next house, stomp out credit card debt, find the right mutual funds to invest in, or discover how to "cover you assets" with the right kinds of insurance. It will give you the financial knowledge and wisdom you need to make the right choices. You will learn controversial personal finance truths, such as why retirement plans like 401(k)s may not be your best bet, why your home could be your worst investment, why some no-load mutual funds can cost you more, and why your guaranteed pension may not be so guaranteed. Some people inherit their wealth. The rest of us have no choice but to earn it so get rich yourself, one dollar at a time.

E-Book Content

GET RICH SLOW 4TH EDITION 0A GRS title.pmd 1 1/16/2004, 3:51 PM This page intentionally left blank GET RICH SLOW 4TH EDITION BUILD A F IRM F INANCIAL F OUNDATION … A D OLLAR AT A T IME Tama McAleese, CFP Franklin Lakes, NJ 0A GRS title.pmd 3 1/16/2004, 3:51 PM Copyright 2004 by Tama McAleese All rights reserved under the Pan-American and International Copyright Conventions. This book may not be reproduced, in whole or in part, in any form or by any means electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system now known or hereafter invented, without written permission from the publisher, The Career Press. GET RICH SLOW, 4TH EDITION Cover design by Cheryl Cohan Finbow Printed in the U.S.A. by Book-mart Press To order this title, please call toll-free 1-800-CAREER-1 (NJ and Canada: 201-8480310) to order using VISA or MasterCard, or for further information on books from Career Press. The Career Press, Inc., 3 Tice Road, PO Box 687, Franklin Lakes, NJ 07417 www.careerpress.com Library of Congress Cataloging-in-Publication Data McAleese, Tama. Get rich slow : build a firm financial foundation— a dollar at a time / by Tama McAleese.— 4th ed. p. cm. Includes index. ISBN 1-56414-706-1 (pbk.) 1. Finance, Personal. 2. Investments. 3. Portfolio management. I. Title. HG179.M3736 2004 332.024’01—dc21 0A GRS title.pmd 4 2003054648 1/16/2004, 3:51 PM Chapter Title Here Please 5 DISCLAIMER This book is designed to provide accurate and authoritative information of a general and current nature only. It is published under the express understanding that neither the author nor the publisher has the specific background to, or is engaged in rendering legal, accounting, or other professional services through this format. Any information, therefore, should be evaluated in the context of each individual’s particular and unique financial circumstances, and the knowledge that the benefits of various financial strategies may change or may not be applicable in every case. The services of competent legal and accounting professionals should be sought and consulted before implementing any strategy outlined here. It is also assumed that tax taws and economic dynamics change on a constant basis, and other uncontrollable factors including editing or space limitations may limit or even prohibit the use of certain investment options or financial planning strategies. Because a basic financial education is desirable and helpful to begin self-reliance and personal empowerment toward financial independence, this book was developed as a helpful tool and basic building block upon which to develop additional personal money management, financial planning, and investing skills. 0B GRS disclaimer.pmd 5 1/16/2004, 3:51 PM This page intentiona
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