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Untapped Riches: Never Pay Off Your Mortgage -- and Other Surprising Secrets for Building Wealth
Posted on 2010-04-13
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Author: Robert Slater, Anthony Cutaia, Susan Cutaia
Publisher: AMACOM (2007) Binding: Paperback, 240 pages pricer: $18.95 ISBN-10: 0814473962 editorialreviews Why do some folks get rich while others just get by? The biggest stumbling block for most people is believing they lack the capital required for serious wealth-building. Untapped Riches dispels this myth. This remarkable book reveals that most homeowners are in fact sitting on "untapped riches." Working diligently to pay down mortgages, they are unwittingly tying up money in equity they could be investing elsewhere for greater return. Offering 40 wealth-building and wealth-protection strategies, many of which fly in the face of conventional wisdom, Untapped Riches will change how readers think about borrowing money, investing, and mortgages. Challenging the idea that it is more financially sound to be debt-free, the authors believe that there is both good and bad debt -- and that the former is essential to generating cash flow and building significant wealth. Real estate tycoons know it¡¯s all about leverage. Now, the authors, who made their own fortune in real estate, show how anyone can get the cash they need, and really put it to work. checked checked checked
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