From Publishers Weekly:
This is a comprehensive, well-organized and highly readable manual by two tax specialists, coauthors of Strassels' Year-Round Tax Savers for Retirement, etc. Geared to the new tax law, it offers readers a systematic plan of budgetary and recordkeeping strategies aimed at their current needs and projected goals. Noting that carefully chosen stocks are sound investments over the long haul, the authors strongly recommend mutual funds (which pool the capital of many investors) particularly when used in an equal-sum, fixed-interval "dollar cost averaging" investment program. The benefits of dividend compounding, home ownership, term life insurance, student loans and even "tax-deductible vacations" are explained, along with investment vehicles to avoid. First serial to Family Circle and Star; Fortune Book Club main selection; author tour.
Copyright 1987 Reed Business Information, Inc.
From Library Journal:
Strassels and Mead promise to put your financial house in order with their program and your commitment of an "hour or two a week." Detailed budgeting, moderately complex tax planning, and a set of simple investing rules are their major focus. Home ownership ("ideal"), college costs ("plan ahead"), insurance, borrowing, running your own business ("try it"), and retirement are shallowly covered. The work is divided into segments by month, with a "to do" list for each. The authors offer a few resource references, a large amount of quite specific and useful, but quickly obsolete, advice, and a fair dose of "buy low, sell high" homilies. An entertaining but optional purchase for public library collections.Justine Roberts, Univ. of California at San Francisco Lib.
Copyright 1987 Reed Business Information, Inc.
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