Anderson, Thomas J. (Certified investment management analyst)
The value of debt : how to manage both sides of a balance sheet to maximize wealth / Thomas J. Anderson, CIMA, CRPC. - 1 online resource.
Includes bibliographical references and index.
Part 1. The value of debt in the management of wealth -- part 2. The assets-based loan facility -- part 3. Scenarios for success -- part 4. Appendixes.
"This book strives to develop a new vision of the value of debt in the management of individual and family wealth. Virtually every company examines both sides of its balance sheet--assets and debts--and consciously strives to achieve an optimal debt ratio. In contrast, the vast majority of individuals, wealthy or not, are either dramatically over leveraged (too much debt) or, conversely, believe that debt is always bad and should be paid off as soon as humanly possible. There are reasons, however, why practically all companies acknowledge the value of debt and seek to have an optimal debt ratio in place. As it turns out, many wealthy individuals and families--from the moderately affluent to the ultra-affluent--can also make use of similar strategies, leading to substantial long-term economic advantage. The strategic use of debt can enable individuals to become progressively wealthier by "capturing the spread" between the cost of debt and the return on investment that potentially can be generated. The use of debt can also help generate tax-free income in retirement and provide instantly available funds needed to respond to natural disasters, health crises, or personal financial difficulties. The book frames the discussion around what is an optimal debt ratio, as well as the costs, benefits and risks of implementing the strategies"--
9781118758779 1118758773 9781118758632 1118758633 9781118758519 111875851X
EB00085602 Recorded Books
CL0500000368 Safari Books Online E258B11F-319D-4CF2-85DC-B7485B44623C OverDrive, Inc. http://www.overdrive.com
2013022092
Finance, Personal.
Debt.
Finance, Personal.
Debt.
Consumer credit.
BUSINESS & ECONOMICS--Finance.
Debt.
Finance, Personal.
Finance, Personal.
Debt.
Consumer credit.
Electronic books.
HG179
332.024/02
The value of debt : how to manage both sides of a balance sheet to maximize wealth / Thomas J. Anderson, CIMA, CRPC. - 1 online resource.
Includes bibliographical references and index.
Part 1. The value of debt in the management of wealth -- part 2. The assets-based loan facility -- part 3. Scenarios for success -- part 4. Appendixes.
"This book strives to develop a new vision of the value of debt in the management of individual and family wealth. Virtually every company examines both sides of its balance sheet--assets and debts--and consciously strives to achieve an optimal debt ratio. In contrast, the vast majority of individuals, wealthy or not, are either dramatically over leveraged (too much debt) or, conversely, believe that debt is always bad and should be paid off as soon as humanly possible. There are reasons, however, why practically all companies acknowledge the value of debt and seek to have an optimal debt ratio in place. As it turns out, many wealthy individuals and families--from the moderately affluent to the ultra-affluent--can also make use of similar strategies, leading to substantial long-term economic advantage. The strategic use of debt can enable individuals to become progressively wealthier by "capturing the spread" between the cost of debt and the return on investment that potentially can be generated. The use of debt can also help generate tax-free income in retirement and provide instantly available funds needed to respond to natural disasters, health crises, or personal financial difficulties. The book frames the discussion around what is an optimal debt ratio, as well as the costs, benefits and risks of implementing the strategies"--
9781118758779 1118758773 9781118758632 1118758633 9781118758519 111875851X
EB00085602 Recorded Books
CL0500000368 Safari Books Online E258B11F-319D-4CF2-85DC-B7485B44623C OverDrive, Inc. http://www.overdrive.com
2013022092
Finance, Personal.
Debt.
Finance, Personal.
Debt.
Consumer credit.
BUSINESS & ECONOMICS--Finance.
Debt.
Finance, Personal.
Finance, Personal.
Debt.
Consumer credit.
Electronic books.
HG179
332.024/02