Monetizing a non-liquid asset

lookout123 · 12-10-2006, 11:31 AM

26 is a better starting point than 46, but 46 is better than 66. you've still got plenty of time foot.

Intro to finance books? honestly i can't think of anything to suggest right now. there are so many good books, but they each have an agenda. if you are starting from square one you can actually set yourself back by swallowing any one of these theories whole.

on the subject of mortgages - Missed Fortune 101 is good but forget absolutely everything he says about how to invest the money as it is complete horseshit. guy either doesn't know any better or he is getting huge kickbacks from indexed annuity companies. if you hear anyone talking about buying an INDEXED annuity - slap them, tie them down, and call for help. unless you hate them.

Smart Couples Finish Rich is good.

i guess a good rule of thumb is to ignore the actual investments any of these guys talk about and only focus on the concepts.

i would absolutely run away from stuff written by Suze Orman and her ilk, though.

12-10-2006, 11:31 AM	#21
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	26 is a better starting point than 46, but 46 is better than 66. you've still got plenty of time foot. Intro to finance books? honestly i can't think of anything to suggest right now. there are so many good books, but they each have an agenda. if you are starting from square one you can actually set yourself back by swallowing any one of these theories whole. on the subject of mortgages - Missed Fortune 101 is good but forget absolutely everything he says about how to invest the money as it is complete horseshit. guy either doesn't know any better or he is getting huge kickbacks from indexed annuity companies. if you hear anyone talking about buying an INDEXED annuity - slap them, tie them down, and call for help. unless you hate them. Smart Couples Finish Rich is good. i guess a good rule of thumb is to ignore the actual investments any of these guys talk about and only focus on the concepts. i would absolutely run away from stuff written by Suze Orman and her ilk, though. __________________ Getting knocked down is no sin, it's not getting back up that's the sin

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