UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next
Author: JAFO31 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 72  
Subject: Re: New book: Missed Fortune Date: 5/11/2004 4:55 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 2
FitzWealth: "Ok, I got a chance to look through it at the local bookstore. I noticed two main points in the book.

First, mortgage to the hilt, NEVER pay off early, etc.

Second, Universal Life Policies are the BEST investment vehicles.

Both these have to do with taxes: deductions, capital gains, passing on to heirs.

I have no idea if his theory is sound as, reasoning that such strategies would not make sense in my situation for at least a few years, I stopped there and returned the book."


Must have been written by an insurance sales person (or a former sales person). And upon further speculation, I suspect that it is as much a Rohrschach test (and as accurate) and the Rich Dad, Poor Dad stuff written by Robert Kiyosaki.

http://www.johntreed.com/Kiyosaki.html

See also: http://www.mastermindforum.com/kiyosakiresponsetoreed.htm

Regards, JAFO
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement