Product Details

• Amazon Sales Rank: #159762 in Books
• Published on: 2003
• Binding: Paperback
• 93 pages

Customer Reviews

Theory and application
This is a great read and an interesting way of financing anything especially with where the author started and where we are now in the real estate market. I've seen people try and pick it apart and still most of the criticism is done with just enough knowledge to make themselves seem foolish... Penny wise and Pound foolish to be exact.

It's not for the faint of heart and requires dedication as well as an open mind about the history and the financial practices of mutual insurance companies. Lastly, you need to be able to descern that there are multiple strategies in this book and you CAN pick and choose just-in-case you have an irrational aversion to certain financial products. It's as much of a savings strategy as it is an investment strategy.

It is NOT a get rich quick scheme. It's a get rich slowly or a STAY rich strategy. One of the criticisms about today's financial guru's is that they've won and lost fortunes many times. Even the most successful people that you know have been broke at one point or another. Applying these concepts in your life will help put a 'stop loss' on your risky assets... like real estate... like it did for the author.

Maintaining Control of Your Money, Increase Income, Decrease Taxes
Everyone who is interested in getting maximum use from their money could benefit tremendously by reading this book and applying the methods discussed.

This book and the application of what it teaches should be a major requirement for graduating from high school for everyone. By doing so it would allow us as a society to be much more productive. More opportunities for the advancement of all, in all fields, would increase.

Speaking from my own background as a business owner, Tax Accountant and small business consultant with over 30 years experience and degrees in B.S. Accounting, MBA (concentration in Accounting) and a PhD in Taxation, the concepts presented in this book are some of the most valuable I have seen in my career. Just wish I had learned these many years ago.

What you will learn about is how you can profit more than the bank does from applying the methods taught in this book, legally, and on a tax free basis.

This book shows you the way to stop having to play all of the ridiculous tax deferral games (Qualified Retirement Plans, 401K's, 1031 Exchanges, etc). Basically when you use tax deferral plans you give up control of your money. You also risk the uncertainty of not knowing if the tax rates you will pay when you take the money out will be higher or lower than what your current tax rates are. If you do not take out the required distributions on the right schedule, you risk paying an even higher tax, in the form of penalties, for not observing very complicated rules. This book shows you a way to stop having your financial life manipulated by our tax regulations.

Another benefit of this book is learning powerful ways to use your money and resources much more efficiently. You can also learn how you can become financially independent, as well as show your children and their children how to do the same. Thank you Mr Nash

Great Book!
This is a great book. Teaches how to create massive wealth with complete safety by becoming the banker yourself, and increasing your net worth dramatically by paying yourself what you would normally lose to banks. Its truly incredible.