The Truth About Money 3rd Edition

A-Z of Investments:

From annuities to zero-coupon bonds, go from owing money to OWNING money. Get out of debt (and stay that way). Discover how dollar cost averaging turns market volatility into an opportunity, and build a balanced portfolio that manages risk.

Maximize your company 401(k) to capture every dollar of employer matching funds. Build an emergency cash reserve of six to twelve months of spending (without raiding it for daily expenses).

Estate Planning & Long-Term Care:

Learn how to protect yourself and your family. Shield your assets with a revocable living trust (avoiding the costs and delays of probate court). Prepare for the reality of long-term care before illness strikes, and ensure your wealth passes intact to your heirs.

• Investment Strategy: Learn how compound interest turns time into your greatest asset, why market timing consistently fails, and how the Rule of 72 proves that even modest sums can compound into massive wealth.
• Case Studies: Examine real-world financial disasters from the 1988 hostile takeover of RJR Nabisco to the risks of chasing high yields in corporate junk bonds.
• Car Financing: Uncover the hidden economics of auto leasing, why dealers push capitalized cost reductions, and how gap insurance protects you from paying thousands out of pocket after an accident.
• Actionable Strategies: Navigate the soaring expenses of higher education with Section 529 plans that permit tax-deferred growth and tax-free withdrawals without sacrificing your own retirement security.
• Also by This Author: Ordinary People, Extraordinary Wealth, Discover the Wealth Within You and New Rules of Money.