Missed Fortune 101: A Starter Kit to Becoming a Millionaire
by Douglas R. Andrew
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Book Summary Information
Author: Douglas R. AndrewEdition: Hardcover
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2005-01-03
ISBN: 0446576573
Number of pages: 304
Publisher: Business Plus
Book Reviews of Missed Fortune 101: A Starter Kit to Becoming a Millionaire
Book Review: How To Lose Your Home & Retirement and Lose Your Home in the Process
Summary: 1 Stars
As someone who works in the financial industry, sells investments and insurance, guides clients to prudent investment strategies, I have to say the book is loaded with tripe and miss-information. Who but an idiot would mortgage their home, cash in their 401k and IRAs, suffer the taxes and penalties on early distributions so they can invest everything in an universal life policy.
Yes, I read the book cover to cover; not once but twice. This is a very dangerous book. It went in the trash when I finished it.
If you're looking for a prudent way to invest, I'd suggest "The Intelligent Investor," by Benjamin Graham.
"Missed Fortune 101" is Douglas Andrew's contribution to the housing and credit crunch we're in today.
More Missed Fortune 101: A Starter Kit to Becoming a Millionaire reviews:
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