Wealth in a Decade: Brett Machtig's Proven System for Creating Wealth,Living off Your Investments and Attaining a Financially Secure Life

Wealth in a Decade: Brett Machtig's Proven System for Creating Wealth,Living off Your Investments and Attaining a Financially Secure Life

by Brett Machtig
     
 
Wealth in a Decade is about becoming wealthy in as few as 10 years. The author defines wealth as the ability to live off the return of one's investment portfolio. When this level of financial security is achieved,life is filled with many new and exciting choices. This is not a get-rich-quick scheme. The investment strategies outlined in Wealth in a Decade were

Overview

Wealth in a Decade is about becoming wealthy in as few as 10 years. The author defines wealth as the ability to live off the return of one's investment portfolio. When this level of financial security is achieved,life is filled with many new and exciting choices. This is not a get-rich-quick scheme. The investment strategies outlined in Wealth in a Decade were discovered during Brett Machtig's research involving hundreds of investors who became wealthy in as few as ten years. It involves identifying realistic goals and laying out a practical,achievable plan for increasing savings,getting out of debt and implementing an investment program to make the savings grow. These strategies can be implemented with or without the help of an investment professional. Wealth in a Decade will allow readers to achieve wealth in as few as ten years and show them how to: Gain control of spending and get out of debt; Use the three driving forces that will move the markets; Manage assets in such a way as to buy low and sell high in any market; Implement the laws,strategies,and tactics that hundreds of investors have used to become wealthy.

Editorial Reviews

Publishers Weekly - Publisher's Weekly
Writing with freelancer Behrends, Machtig, the senior portfolio manager in the Minneapolis office of Smith Barney, decries massively prevalent credit-card debt and argues that investors should be able to live on investment income alone within 10 years through systematic saving and prudent investing. The key is defining one's objectives and having a specific plan and sticking to both. Patience and compound interest do the rest. Machtig explains the intricacies of maintaining a sound investment portfolio: balancing risk against return through diversification, adjusting projected earnings for inflation, monitoring portfolio performance and so on. Graphs help make things clear, and forms are provided for planning and tracking investments. Citing technology, social trends and population statistics, Machtig is bullish on the coming millennial decade, a posture essential to his thesis. 50,000 first printing; author tour. (Oct.)

Product Details

ISBN-13:
9780786310722
Publisher:
McGraw-Hill Companies, The
Publication date:
08/28/1996
Pages:
300
Product dimensions:
6.29(w) x 9.32(h) x 1.13(d)

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