The Value of Debt in Building Wealth

De: Thomas J. Anderson

Narrado por: Tim Andres Pabon

Conventional financial management advises people to pay off debt as quickly as possible, but The Value of Debt in Building Wealth turns this idea on its head and shows you how to strategically use debt to your advantage. This comprehensive road map provides specific and actionable direction on how to leverage both sides of your balance sheet so you can establish a financial safety net, grow your personal wealth, support your dreams, and save for retirement.

In his best-selling The Value of Debt, nationally renowned financial planning expert Thomas Anderson introduced his thought-provoking approach to growing wealth by incurring strategic and purposeful types of debt. In this long-awaited follow-up, he applies his widely proven approach to all stages of your financial life with up-to-date case studies and a tangible framework that makes it easy to custom-fit his methodology to your unique circumstances and practice it in the real world. He provides tools and specific guidance for optimizing your assets and debt in order to evolve into the next phase and eventually retire - possibly making more money than you did when you were employed! The cornerstone to his accessible approach lies in the power of compound interest, one of the most basic investing principles, and this extensive guide offers in-depth discussions on the asset side of your personal balance sheet with actionable ideas on risk, return, and diversification, so you can capture the spread over time in bull and bear markets. From investment basics to the nuances of fixed and floating debt, this authoritative guide shows you how to make debt work for you and includes discussion of:

• Where you should direct your cash flow funds
• How to get a very important jump start on maximizing your investments earmarked for retirement
• The importance of liquidity and lines of credit

The Value of Debt in Building Wealth reveals a path to balance and financial security through optimizing your resources.

©2017 Thomas J. Anderson (P)2017 Gildan Media LLC

Good book

If you are in your twenties or thirties, this book is for you. His glide path analogy is a good one.
If you are in your 50-60’s nothing new for you

Tables, and more tables

Good info, but I can’t listen anymore. Imagine someone reads a bunch of tables to you with a bunch of numbers. The message can easily be communicated otherwise.

Tough to follow the tables

This is a great book for anyone wants to know about the power of leopaging debt. However, it is tough to follow the financial tables without being in front of you.

good info, kind of hard to listen to

good info but very repetitive via audio. probably easier to read it via paperback. otherwise good

Worth a listen

Good concepts. Examples and math are a little hard to follow in the audiobook format.

Finance

Great to help manage finances, must have book to read! I absolutely enjoyed the book!

Great book

Only downside is not having the tables and images to see and workout the math in the formulas given.

The book and content was good, but...

The book and content was good, but he referred to many tables that can't be viewed on the audible version, nor is there a downloadable pdf as with other books. We're left in the dark.

summary: play the spread

nothing much innovative. really just play the spread between interest rates, eliminate oppressive debt, and consider hanging on to "good" kinds of debt.

had to stop

all his predictions on the return of equities from when he wrote the book until now were wrong, and he even had the audacity to bet money on his terrible financial advice he gave in the book. hope nobody listened to his advice!