Product Details
Fast Profits in Hard Times: 10 Secret Strategies to Make You Rich in an Up or Down Economy

Fast Profits in Hard Times: 10 Secret Strategies to Make You Rich in an Up or Down Economy
By Jordan E. Goodman

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Product Description

In FAST PROFITS IN HARD TIMES, Jordan Goodman provides a wealth of 5-minute tips for earning extra income the easy way, without unnecessary risk or extra legwork. Find out about:


-100 stocks that offer free premiums if you reinvest their dividends


-How to profit from Dividend Reinvestment Plans (DRIPs) quickly and safely


-Tax liens, which can provide risk-free interest of up to 25%


-Trading stock options and how it can be, contrary to popular belief, very low-risk with the right knowledge and tools


-Financial investment clubs and how they can help you gain leverage in the market


Product Details

  • Amazon Sales Rank: #204182 in Books
  • Published on: 2008-01-11
  • Original language: English
  • Number of items: 1
  • Binding: Hardcover
  • 256 pages

Features


Editorial Reviews

Review
"Empowers investors to take control of their money and earn high returns no matter what the economy is doing...I am a big believer in passive income strategies, and Goodman explains them in a simple, easy-to-understand way and gives you the resources to create a stream of substantial passive income." -- T. Harv Eker, New York Times bestselling author of Secrets of the Millionaire Mind

"What Goodman has done is to show how anyone can find alternative pathways to financial success. He not only explains these strategies, but also provides helpful Web sites and other key information as well. This book is a real positive investment in building your financial future." -- Douglas R. Andrew, New York Times bestselling author of The Last Chance Millionaire

About the Author
JORDAN GOODMAN is the president of Freedom Investment Club's Financial Services division. It is the largest investment club in North America, with over $35 million in assets. He speaks across the country on investing and is a regular guest on Neil Cavuto's "Your World" segment on Fox News and Jim Bohannon's nationally syndicated radio show.

From AudioFile
Distressed properties, partnerships, high-yield stocks, options, real estate trusts, foreign currencies, and even a vending machine business, the author says, are all investment choices that can yield remarkable returns during times when conservative approaches don't work. Goodman explains the complexities of the more esoteric strategies with exceptional clarity, all the while making his advice sound mainstream and easy to implement. His reading style sounds crisp and understandable in spite of rapid pacing and the abundance of unfamiliar words and concepts. Once the listener adjusts to the speed and energy of his delivery, the well-written program shines, both as a practical introduction to investing in tough times and as fascinating advice for the more adventuresome investor. With printable lists of online and institutional resources. T.W. © AudioFile 2009, Portland, Maine


Customer Reviews

Something for every level of "financial" knowledge4
Fast Profits in Hard Times well worth the money. It highlights ten successful strategies for wealth accumulation that work in rising or falling economic conditions. By wealth accumulation I mean money earned on investments. You still need seed money to start the process, of course.

Everyone knows it's easy to make money on investments when the stock market is bullish. Buy low and sell high. Even the worst mutual fund manager can't help but look like a star under this scenario. But what do you do when the bears come out? How do you generate a healthy return when stocks are dropping? This book helps answer these nagging questions.

The text is less than 250 pages, so it's an easy read. The style of writing is direct; it's like Jordan E. Goodman is sitting across the table from you in a conference room. There are ample call-outs and highlights to make sure you catch and remember the most important points of each of the ten chapters.

My favorite chapters are the ones on high-yield equities, dividend reinvestment programs (DRIPs), bonds and the mysterious foreign exchange. The chapter on stock options is solid, but I think it underemphasizes the risk associated with these leveraged investments. A summary chapter at the end of the book on risk vs. return is something I longed for. Also I found the chapters on tax liens and below-market-value real estate and trusts to be a bit too timely. It seems like everyone is pushing these vehicles nowadays in the foreclosure-rich environment. But make no mistake; the chapters are well-written and chock-full of information.

I'm still chuckling about the chapter on investing in vending machines.

Armchair Interviews says: For the novice investor, Fast Profits in Hard Times is a goldmine with ten solid veins. For experienced investors, there are some good tidbits.

NOT a "Get Rich Quick" Scheme5
Nothing is for free, and the advice Goodman doles out proves that you can't get something for nothing. You will need to make a financial investment (albeit with some low upfront options) and you will have to work (research, study, plan, organize, think). However, I thought Goodman did an EXCELLENT job summarizing often complex and "mysterious" financial investment strategies and explaining them so that an interested and alert reader could understand and implement.

I have purchased several investment books, and this is my FAVORITE. I heard about this book on CNN (or was it Fox?) and am glad I purchased it. Don't tell Goodman (or Amazon) but I would have paid several times more for the knowledge "Fast Profits in Hard Times" imparted.

I will definitely be implementing some of Goodman's strategies. Thank you, Mr. Goodman!

Same old, same old1
I heard the author on a local radio show promoting this book, and with his background, thought it would be good. I was disappointed to find many of the same old ideas. How long do we have to hear about property tax sales and below market real estate? Many of the chapters are things you've been reading about for the past 30 years and is on every late night, get rich quick, these people did it, infomercial. The real problem I had is that nothing is in depth and you really need more and better in depth books to know what you want to do to really get into any of these ideas. It was helpful with some suggestions, but a lot more research and detail needed. The author does give a lot of links to other sources.