Missed Fortune: Dispel the Money Myth-Conceptions-Isn't It Time You Became Wealthy?

by Douglas R. Andrew

Overview

Most of us dream of becoming wealthy. While some take steps to achieve it, few realize the goal. Why? According to financial planner Douglas R. Andrew, flawed financial strategis - or what he calls "money myth-conceptions" - lead us down the wrong road. In his revolutionary financial guide, Missed Fortune: Dispel the Money-Myth Conceptions - Isn't it Time You Became Wealthy?, Andrew rattles conventional attitudes about personal investments and challenges readers to build wealth with new and - and very contrarian - strategies.

Product Details

ISBN-13:	9780446550017
Publisher:	Business Plus
Publication date:	04/08/2025
Sold by:	Barnes & Noble
Format:	eBook
Pages:	535
File size:	18 MB
Note:	This product may take a few minutes to download.

About the Author

Douglas Andrew is currently the owner and president of Paramount Financial Services, Inc, a comprehensive personal and business financial planning firm. He is the bestselling author of Missed Fortune, Missed Fortune 101, Last Chance Millionaire, and Millionaire by 30.

Table of Contents

	Preface	xv
	Introduction	xxi
Section I	Successfully Managing Equity to Increase Liquidity, Safety, Rate of Return, and Tax Deductions
1.	The $25,000 Mistake	1
2.	The $150,000 Lesson on Liquidity	19
3.	Separating Home and Equity To Increase Safety	29
4.	Is Your Home Really Safe?	37
5.	The Return on Equity Is Always Zero	45
6.	Make Uncle Sam Your Best Partner	55
7.	Use Debt for Positive Leverage	73
8.	The Cost of Not Borrowing	87
9.	Home-Made Wealth	93
10.	Strategic Refinancing	119
11.	Selling Your Home Effectively	147
Section II	Freeing Yourself From Traditional Money Traps and Tax Traps
12.	What Is the IRS Really Saying?	159
13.	Pay No Money Down	185
14.	House Rich, Cash Poor	205
15.	IRAs and 401ks--Do You Know "The Rest of the Story"?	225
16.	Why Delay the Inevitable?	245
Section III	Understanding Which Investment Vehicles Are Best to Use for Safe Accumulation of Wealth
17.	Accumulating, Accessing, and Transferring Your Money Tax Free	269
18.	Choose Investments That Generate the Most	339
19.	Increasing Your Net Spendable Retirement Income	371
20.	Repositioning Assets and Attitude	437
Section IV	Using Dynamic Strategies to Enhance, Preserve, and Perpetuate Wealth
21.	Charitable Remainder Trusts	469
22.	The Ultimate Arbitrage	481
23.	Empowering True Wealth	499
	Glossary	515
	Select Bibliography	527
	About the Author	529
	For more information about these concepts	531