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Updated over 13 years ago on . Most recent reply

User Stats

33
Posts
4
Votes
Jeremiah J.
  • Contractor
  • Wisconsin
4
Votes |
33
Posts

Book Review: Missed Fortune 101

Jeremiah J.
  • Contractor
  • Wisconsin
Posted

I have begun reading the book missed fortune 101 by Douglas R Andrew, and have to say that it is a very intriguing way to look at mortgages tax deductions and retirement accounts. I have not finished yet but would like to recommend this book already anyways and hear from anyone else who mightve read it. To me it opens your eyes to the way our tax system works and can be worked in conjunction with tax free investment vehicles to work in everyones favor.

Most Popular Reply

User Stats

33
Posts
4
Votes
Jeremiah J.
  • Contractor
  • Wisconsin
4
Votes |
33
Posts
Jeremiah J.
  • Contractor
  • Wisconsin
Replied

Haha I read those reviews as well. I agree that the insurance policy part is a sham. What about the concept of equity harvesting though. Does it make sense to take out the cash and re-invest...in whatever that may be and no im not thinking insurance policies. There is risk just like any other investment strategy but it seems viable. If for example I wouldve taken out a hundred grand and bought Ford stock at a buck a share I would be pretty happy right now. Maybe it was just a novel idea to me and everyone else has been doing this stuff for years.

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