Yes, You Can...Achieve Financial Independence - Hardcover

Stowers, James E.; Jonathan, Jack

Hardcover

ISBN 10: 0836280784 ISBN 13: 9780836280784

Publisher: Deer Pub Co, 1994

Synopsis

What do razor blades, peanut butter sandwiches and oak trees have to do with financial independence? Plenty, according to Jim Stowers, founder of a successful family of mutual funds. In this eye-opening look at personal finance, he reveals how he achieved financial independence and shows you how you can do it, too.

Stowers believes it's possible for anyone to achieve the goal of financial independence, just by following his simple, sometimes surprising principles of success. Step by step, he leads you through an exploration of the perils of inflation and the shrinking value of the dollar. He clearly demonstrates the need to put time on your side, then offers you the opportunity to get started on your own plan for becoming financially independent.

This book helps you find practical ways to set money aside, counsels you on the wise use of your money, and shows you the smartest strategies for investing. And it's liberally sprinkled with illustrations, fact-filled charts and personal insights from one of the most original entrepreneurs in the financial services industry.

If you've ever had the dream of becoming financially independent, Jim Stowers has the answer: YES, YOU CAN.

About this title

About the Author

Jack Jonathan lives by the wisdom "A healthy mind in a healthy body." He is co-author of Yes, You Can . . . Find More Meaning in Your Life and author of Yes, You Can . . .Raise Financially Aware Kids. As President of Stowers Innovations, Inc., Jack applies his extensive knowledge of publishing and product development.

James E. Stowers is founder and Chairman of the Board of American Century Investments. In addition to be considered one of the country's top money managers he is also one of the wealthiest men in America. He and his wife, Virginia, live in Kansas City, Missouri. They have already endowed more than $1.6 billion to the creation of the Stowers Institute for Medical Research-one of the most innovative biomedical research organizations in the world.

From Library Journal

Written by the founder of the $25 billion Twentieth Century Mutual Fund family, this basic personal finance guide has the praiseworthy quality of simplicity. Stowers concentrates on concepts (the shrinking dollar, the power of compounding interest, and the hidden risks of conservative investments) rather than techniques (e.g., how to pick stocks, how to construct a budget). Numerous cartoons, charts, and tales of personal experience add life to the dry subject matter. Though Stowers's opinions about the superiority of earnings over dividends, the folly of market timing, and the small investor's need for actively managed stock mutual funds are debatable, the book is not merely an advertisement for Stowers's fund. It is odd, given the title, that almost no space is devoted to increasing one's earning power. Nothing is new or revolutionary here, but the attractive presentation of basic concepts makes this suitable for public libraries.
Robert Kruthoffer, Lane P.L., Hamilton, Ohio
Copyright 1994 Reed Business Information, Inc.

About this edition

• Publisher: Deer Pub Co
• Publication date: 1994
• ISBN 10: 0836280784
• ISBN 13: 9780836280784
• Binding: Hardcover
• Number of pages: 280