Get Rich Slowly: Building Your Financial Future Through Common Sense

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9780026132114: Get Rich Slowly: Building Your Financial Future Through Common Sense

The first investment book to approach the art of accumulating wealth from a mature and realistic perspective

In refreshing contrast to the usual get-rich-quick schemes, Get Rich Slowly outlines an intelligent, careful, five-step financial strategy that anyone can use to create his or her own personal fortune. Using simple graphics and easy-to-follow advice, respected investments financial expert William Spitz shows how to quickly plot out the best financial strategy for each person's needs, including risk, goals, variety of investments, and needs for future expenses. For young or old, novice or experienced, wealthy or of modest means, Get Rich Slowly is a sensible, foolproof program for financial freedom and stability.

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From Publishers Weekly:

Patience and careful planning are the basic counsel of this thorough and readable financial guide by a Vanderbilt University treasurer and money-management lecturer. The author analyzes financial markets and instruments in terms of an individual investor's objectives (e.g., retirement, a child's education) and tolerance for varying degrees of risk-vs.-return in stocks, bonds, real estate partnerships, etc., from which a balanced portfolio may be compiled for maximum return over time. Among the many aspects of personal finance detailed here, Spitz explains how compounded income from a selection of mutual funds can build a fortune and how, with greater risk, various industrial situations can reward (or penalize) more direct investment in stocks "to beat the market."
Copyright 1992 Reed Business Information, Inc.

From Library Journal:

Spitz (treasurer, Vanderbilt Univ.) proposes that an investor should seek to balance the effect of economic conditions on investments and identify a level of risk that is comfortable. Though he allows for the inclusion of other assets in an individual's financial plan, he emphasizes the securities market. His advice is levelheaded and conservative, but building wealth over an entire lifetime includes a wider scope of financial decisions than choosing appropriate stocks and bonds. Libraries should look elsewhere for titles on personal financial planning that cover a wider range of choices.
- Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.
Copyright 1992 Reed Business Information, Inc.

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