This insightful book presents information that's great for your financial well-being and easy to digest. It contains money-management strategies and ideas never before revealed.
Yes, You Can . . . Achieve Financial Independence will:
" Reveal strategies for combating your biggest enemy-the shrinking value of a dollar.
" Teach you important facts about stocks, bonds, and mutual funds.
" Show you how investing even a small amount every month, year after year, can result in much higher yields than investing the same amount annually as a lump sum.
" Explain ways you can budget for all the necessities of day-to-day living while investing for the future.
This book includes Stowers Financial Analysis CD-ROM. The Stowers Financial Analysis software helps you think about your long-term financial goals-providing the facts needed to develop a plan to make them come true. The detailed interactive worksheets help you learn exactly where you are today and what it will take to continue improving your financial position (for PC and Mac).
"synopsis" may belong to another edition of this title.
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.
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.
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