The New Mortgage Investment Advisor: Structuring Your Mortgage to Work as a Financial Planning Tool by Peter, D. Mitchell, James, D. Pidd
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Book Summary Author: James, D. Pidd, Peter, D. Mitchell Edition: Paperback Audio: English (Original Language); English (Unknown); English (Published) Published: 2007-07-01 ISBN: 0975481975 Number of pages: 196 Publisher: Anderson-Noble Publishing |
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Book Reviews of the The New Mortgage Investment Advisor: Structuring Your Mortgage to Work as a Financial Planning Tool
Customer Review: The New Mortgage Investment Advisor
Summary: 5 Stars
For most people the purchase of their home is the biggest investment they will ever make. In this book Peter Mitchell and James Pidd teach you how to use the equity of your home and turn it into a vehicle for a more financially secure retirement. They bring to reality the common knowledge that mortgage interest is simple interest and investment interest is compounding interest.
The examples in this book make clear the power of compounding interest when combined with the tax advantage of life insurance and the impact that has on your retirement goals. They make a compelling case that turns the equity of your home into a financial vehicle that meets the investment criteria of safety, liquidity and rate of return.
This should be a must read book for everyone starting with every High School senior.