Consumption and Real Estate
How to Unscramble Your Nest Egg: A Fresh Approach to Personal Abundance and Building Real Home Ownership
In uncertain economic times, financial security belongs to those who possess genuine ownership and a solid nest egg. Nationally recognized mortgage consultant John Cunningham uses his unique, proven insights to provide a remarkable plan that helps home buyers build real equity. 30 line drawings.
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(out of 2 reviews)
List Price: $ 11.95
Price: $ 6.99
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#2 written by Anonymous 1 year ago
Review by for How to Unscramble Your Nest Egg: A Fresh Approach to Personal Abundance and Building Real Home Ownership
Rating:
The author accords interest payments due 20 or 30 years in the future the exact same value as cash in hand today. It appears that there is NO time value for money.I don’t disagree with the premise that many families are better served by prepaying their mortgages than by spending surplus family cash flow, but the Cunningham’s “proof” of that wisdom is such a far fetched reach, that the entire book is not suitable for anyone wanting to understand the most basic concepts of money, finance and investing. It misleads the reader and denies the advantages of saving and investing money.A “proof” of the foolishness of the author’s basic premise is this reader’s intuitive answer to a hypothetical offer to accept employment from an employer today; but not to receive today’s wages until 25 years in the future. No interest, no compounding; just payment of today’s wages deferred until middle age…. No thanks. - Comment Feed for this Post
Review by for How to Unscramble Your Nest Egg: A Fresh Approach to Personal Abundance and Building Real Home Ownership
Rating:
A fresh perspective on managing your mortgage with thoughtful insights into home ownership. I highly recommend this book to anyone trying to make sense of their finances. Paying a mortgage can cost you more than you can afford if you also want to save for retirement. In this book you’ll learn how to turn unproductive (lazy) debt into a hard working, asset building tool. You will also learn to free yourself from years of mortgage payments and how the money you would otherwise use for mortgage payments can build your retirement nestegg. READ THIS BOOK!