New Rules of Money

Rating:
Summary: This book will make you money!
Review: Whoever said that money is a very, very controversial subject was only touching the surface! They should check out these reviews. I believe and know from nine years of investing that a good, emphasis on"good" 401 (k) plan is one of the best investments in America today. To the negative vibes on 401 (k) and other retirement plans, ask yourselves, "How much did you pay in taxes last year?" To the great mathimatical geniouses out there who don't understand non prepayment of mortgages, take out your calculator and figure out which will make you more money; prepaying on a 7%-9% mortgage or putting that same prepayment cash in a good mutual fund and making 15%-20% per year? This is known as "opportunity risk" in the later example, your money could double in 3-4 years with mutuals so why would you want to prepay a low interest mortgage?. As far as the other books recommended, I would suggest "The Millionaire Next Door", 'More Wealth With! out Risk" "Financial SelfDefense" and 'The Richest Man in Bablyon" a lot of the other books either all repeat themselves or are out of sync with the times.