The Armchair Real Estate Millionaire

The Armchair Real Estate Millionaire
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The Armchair Real Estate Millionaire
Hank Levine
Manufacturer: Hollyhill Publishing Co.
ProductGroup: Book
Binding: Paperback

Investments | Real Estate | Business & Investing | Subjects | Books
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ASIN: 0976703408

Product Description

The Complete Guide to Investing In Net Leased Commercial Properties With No Landlord Expense or Responsibility. The reader will find out how he can own properties leased by "Investment Grade" tenants such as General Electric, Dollar General, Wal-Mart and Walgreen Drug. His only two duties each month will be to deposit the rent check and pay his mortgage note.

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Great Primer on Investment Strategy and Implementation
Good for Beginners
Great Investing Advice
Not much content as a book, find the same info for free
Beginners only

The Armchair Millionaire
Douglas Gerlach , and Lewis Schiff
Manufacturer: Atria
ProductGroup: Book
Binding: Paperback

General | Business & Investing | Subjects | Books

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It's Never Too Late to Get Rich: The Nine Secrets to Building a Nest Egg at Any Age
Make Your Kid a Millionaire: 11 Easy Ways Anyone Can Secure a Child's Financial Future
Live it Up without Outliving Your Money!: 10 Steps to a Perfect Retirement Portfolio
The Millionaire Next Door
The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get On With Your Life

ASIN: 0743411927

Book Description

With more Americans than ever before taking responsibility for their own financial futures, it's no surprise that ever-larger numbers of investors -- both novice and experienced -- have reacted to all the dizzying headlines with a call for more information and less noise. At the Armchair Millionaire web site, real people come together every day to share their own stories of investing success, centered around a time-tested long term wealth building strategy called "The Five Steps to Financial Freedom." THE ARMCHAIR MILLIONAIRE explains both the mechanics and the motivations that produce true financial independence among ordinary people taking the first steps in their lifelong wealth-building efforts.

Customer Reviews:

Great Primer on Investment Strategy and Implementation.......2005-10-20

I was pretty impressed with this book. I would give it an A+ except for two reasons. Their strategy suggests a 100:0 asset allocation ratio of stocks to bonds regardless of the investor's age. The other reason is no mention of withdrawal strategies once you get your million dollars. Most computer simulations suggest a maximum withdrawal rate of 4% of assets with an annual inflation adjustment. For these 2 reasons I give the book an A.

As hard and complicated as Wall Street tries to make investing..... to make you think you need a broker, the steps for successful investing are very basic. This book does hit all the basic steps correctly.

#1 is to live below your means so you can save at least 10% of your gross each year and invest it. This sounds easy, but it apparently is not since the average U.S. household credit card debt is now around $8,000 saving rates are below 1%, and average household net worth is below $100K. The book should have mentioned the classic book The Richest Man in Babylon with regards to the merits of living below your means so you have money to invest.

#2 is to use automatic investment so you pay yourself first. If you set up an automatic way of investing, then you can't spend money you don't see. After all, the U.S. government adopted automatic payroll deduction to pay income taxes right after WWII because it was concerned people would not save to pay their tax bill. The government using automatic payroll deduction to assure they always get their share of your money, so why not use this method to keep some of your money for yourself? If you use automatic investment, you get the advantages of dollar cost averaging as well.

#3 is to invest your savings in stocks and use low cost index funds for your investments. The book got it right in saying that stock brokers are not your friends. Often their objective is to move your money into their hands per the classic book Where are the Customer's Yachts?

As I stated above, I think the book should have suggested phasing into some percentage of bond investments as you age. Bond index funds should be used for the bond investments.

As a yardstick measurement of how well one saves and invests, the book should have referenced The Millionaire Next Door's expected net worth formula of 1/10 of your age times your income. This gives you a frame of reference to how well you have saved and invested.

One inconsistent argument the book uses is that institutional investors have roughly 40% of their investments indexed while individuals only have about 5% indexed. This fact is true. However, institutional investors most commonly use a 60:40 stock to bond asset allocation and the book recommends 100:0 stocks to bonds. Most studies show that bonds lower portfolio risk significantly but returns do not suffer dramatically.

Other reviewers suggest reading the web site versus the book. Call me old-fashioned, but I hate reading more than about 1 or 2 screens worth of any web site......I much prefer to print out long web sites to read them. I also like the portability of a book versus worrying about my laptop's batteries running out.

All-in-all, a great primer on successful investing strategies. I would suggest companion books to supplement this book including The Richest Man in Babylon, Bogle on Mutual Funds, The Millionaire Next Door, The 4 Pillars of Investing, A Random Walk Down Wall Street, Wealth of Experience: Real Investors on what Works and What Doesn't, and Index Mutual Funds: How to Simplify Your Life and Beat the Pros.

Good for Beginners.......2004-05-18

Chances are, if you follow the advise given in this book, you will accumlate significant wealth in the long-term. I like how the book tells investors to ignore the "talking heads" on CNBC and other financial outlets. Let the herds follow the headlines and as Buffett would say "be greedy when others are fearful."

If you can spend less, save more, max your tax-deferred investment options and invest for the long-term, you will have plenty of money to bask in come retirement day.

Great Investing Advice.......2004-03-25

The Armchair Millionaire gives everyone the advice and support they need to succed in investing. The book shows you the simple things that everyone can do no matter how small their paycheck is to eventually become a millionaire and retire early. There is great advice on what to invest in safely and how to get the most out of your money by avoiding some taxes. Everyone who wants to become a millionaire needs to read this book.

Not much content as a book, find the same info for free.......2003-08-24

First, I'll say that this was one of the first 10 investing books I've read as I'm starting the venture to becoming a wise investor.

The point of this review is to say that the book is pointless when the same exact info is given free and more concisely on the website with the same name. This book seems to try and fill up pages by adding fluff to a simple concept: invest 1/3 of your long term funds in each of US large cap stock index fund, US small cap stock index fund, and the large cap asian index fund. The rest of the book is really fluff around this.

I'd suggest simply visiting the armchair millionaire website to read the same info in a few pages.

Also, for the people in other reviews who say the strategy isn't performing well, they are forgetting that this is a LONG TERM strategy, and the reason the funds are currently at -2% return is because the crashes in 2000-2001 are being included. Over the long term, this strategy is considered sound. Thinking short term is entirely opposite to the strategy this book and others suggest.

In short, don't buy the book, just read the site.

Beginners only.......2003-02-18

I agree with the previous comments of there being nothing new introduced in this book. However, if this is going to be your first book ever on investing, it does offer good advice for the novice investor. Just DO NOT use the strategy they propose to making a million through index funds. Last i checked on their website, since it's inception in 1998, their portfolio has gone down 25.36% for a total loss of abut 31,000$.
Man, if i were them, i'd take down the site. It must pretty embarrassing to write a whole book about it being so easy to make a million through their "proven methods", and lose all that money trying to really prove it.

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Armchair Millionaire
Frederick Hal Vice
Manufacturer: Paladin Press
ProductGroup: Book
Binding: Paperback

General | Popular Economics | Business & Investing | Subjects | Books

Public Finance | Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

General | Personal Finance | Business & Investing | Subjects | Books
ASIN: 087364204X

Book Description

Money may not buy happiness, but it sure beats being broke. Leave the rat race behind and take the fast track to top bucks. The Armchair Millionaire is fact, not fiction, written by an ex-corporate banker who relinquished both salary and suburban amenities to start his own small business at home. His success story can be yours, with maximum return on minimum investment.

The A to Z Money Book from Armchair Millionaire

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The A to Z Money Book from Armchair Millionaire
Lewis Schiff
Manufacturer: Lulu.com
ProductGroup: Book
Binding: Paperback

General | Personal Finance | Business & Investing | Subjects | Books
ASIN: 141165823X

Book Description

Since 2002, Lewis Schiff has published his hit column, "Ask the Armchair Millionaire" in both ArmchairMillionaire.com and CNNMoney.com, Money Magazine's web site, each week. This column regularly features the collected wisdom and homespun tales of ArmchairMillionaire.com's most savvy community members alongside Schiff's own expert advice. Its easy-to-browse format offers step-by-step solutions so the reader can put their plan into action right away. Published from 2002 to 2004, these 172 columns cover every important financial topic under the sun, from "automobile leasing" to "wills and inheritances." With The A to Z Money Book from Armchair Millionaire, you've got fingertip access to the very best insights, expertise and advice in one place -- a complete solution on your road to financial freedom!

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THE ARMCHAIR MILLIONAIRE
Lewis and Gerlach, Douglas Schiff
Manufacturer: Simon & Schuster
ProductGroup: Book
Binding: Paperback
ASIN: B000OTNLXK

CIMA Paper 7 - Stage 2: Financial Reporting (IFRP): Exam Dates - 11-01,05-02: Study Text (2001)
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CIMA Paper 7 - Stage 2: Financial Reporting (IFRP): Exam Dates - 11-01,05-02: Study Text (2001)

Manufacturer: BPP Business Education Ltd
ProductGroup: Book
Binding: Paperback

General | Finance | Accounting & Finance | Professional & Technical | Subjects | Books
ASIN: 0751731633

CIMA Paper 7 - Stage 2: Financial Reporting (FRP): Exam Dates - 05-01, 11-01: Study Text (2000)
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CIMA Paper 7 - Stage 2: Financial Reporting (FRP): Exam Dates - 05-01, 11-01: Study Text (2000)

Manufacturer: BPP Business Education Ltd
ProductGroup: Book
Binding: Paperback

General | Finance | Accounting & Finance | Professional & Technical | Subjects | Books
ASIN: 0751731404

CIMA Paper 7 - Stage 2: Financial Reporting (IFRP): Exam Dates - 5-01, 11-01: Passcards (2001)
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CIMA Paper 7 - Stage 2: Financial Reporting (IFRP): Exam Dates - 5-01, 11-01: Passcards (2001)

Manufacturer: BPP Business Education Ltd
ProductGroup: Book
Binding: Paperback

General | Finance | Accounting & Finance | Professional & Technical | Subjects | Books
ASIN: 0751735108

CIMA Paper 7 - Stage 2: Financial Reporting (IFRP): Exam Dates - 5-01, 11-01: Practice and Revision Kit (2001)
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CIMA Paper 7 - Stage 2: Financial Reporting (IFRP): Exam Dates - 5-01, 11-01: Practice and Revision Kit (2001)

Manufacturer: BPP Business Education Ltd
ProductGroup: Book
Binding: Paperback

Financial | Accounting | Industries & Professions | Business & Investing | Subjects | Books
ASIN: 0751738336

CIMA Paper 7 - Stage 2: Financial Reporting (IFRP): Exam Dates - 5-03, 11-03: Passcards (2003)
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CIMA Paper 7 - Stage 2: Financial Reporting (IFRP): Exam Dates - 5-03, 11-03: Passcards (2003)

Manufacturer: BPP Business Education Ltd
ProductGroup: Book
Binding: Spiral-bound

General | Business & Investing | Subjects | Books
General | Finance | Accounting & Finance | Professional & Technical | Subjects | Books
ASIN: 075170265X

CIMA Paper 7 - Stage 2: Financial Reporting (IFRP): Exam Dates - 5-03, 11-03: Practice and Revision Kit (2003)
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CIMA Paper 7 - Stage 2: Financial Reporting (IFRP): Exam Dates - 5-03, 11-03: Practice and Revision Kit (2003)

Manufacturer: BPP Business Education Ltd
ProductGroup: Book
Binding: Paperback

General | Business & Investing | Subjects | Books
Financial | Accounting | Industries & Professions | Business & Investing | Subjects | Books
General | Finance | Accounting & Finance | Professional & Technical | Subjects | Books
ASIN: 0751702811

Book Description

Traces the analytical development of tort law through strict liability for dangerous activities to strict products liability. Begins with a straightforward negligence case and the Learned Hand characterization of reasonable behavior. Covers the economic implications of defenses to negligence claims—contributory and comparative negligence, last clear chance, and the assumption of risk. Addresses unforeseeable misuses, risk assumption, and determination of damages.

Qualitative judgments and social criticism in private law: a comment on professor Keating. (Gregory C. Keating in this issue, p. 1): An article from: Theoretical Inquiries in Law

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Qualitative judgments and social criticism in private law: a comment on professor Keating. (Gregory C. Keating in this issue, p. 1): An article from: Theoretical Inquiries in Law
Hanoch Dagan
Manufacturer: Berkeley Electronic Press
ProductGroup: Book
Binding: Digital

Book Description

This digital document is an article from Theoretical Inquiries in Law, published by Berkeley Electronic Press on January 1, 2003. The length of the article is 6303 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Qualitative judgments and social criticism in private law: a comment on professor Keating. (Gregory C. Keating in this issue, p. 1)
Author: Hanoch Dagan
Publication: Theoretical Inquiries in Law (Refereed)
Date: January 1, 2003
Publisher: Berkeley Electronic Press
Volume: 4 Issue: 1 Page: NA

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Book review: The structure of tort law
Jules L Coleman
Manufacturer: Yale Law Journal]
ProductGroup: Book
Binding: Unknown Binding

Torts | Business | Law | Subjects | Books
ASIN: B00071J31Y

Teacher's manual to accompany the economic analysis of tort law (American casebook series)

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Teacher's manual to accompany the economic analysis of tort law (American casebook series)
David W Barnes
Manufacturer: West Pub
ProductGroup: Book
Binding: Unknown Binding

Torts | Business | Law | Subjects | Books

Product Liability | Business | Law | Subjects | Books

American Casebook | Series | Law | Subjects | Books
ASIN: 0314012044

Book Description

Global Climate Change and Pedogenic Carbonates summarizes what we know about soil inorganic carbon and develops strategies that could lead to the retention of more carbon in the soil. It covers basic concepts, analytical methods, secondary carbonates, and research and development priorities. With this book you will get a better understanding of the global carbon cycle, organic and inorganic carbon, and their role, or what we know of it, in the greenhouse effect.

Book Description

This book constitutes the refereed proceedings of the 5th International Conference on Evolvable Systems, ICES 2003, held in Trondheim, Norway in March 2003.

The 41 revised full papers presented were carefully reviewed and selected from 58 submissions. The papers are organized in topical sections on evolution, fault tolerance and fault recovery, evolutionary development, POEtic tissue and circuits, applications, evolution of digital circuits, hardware challenges, evolutionary hardware, neural systems, logic design, evolution strategies, and future technologies.

Book Description

The description of quantum systems is fundamental to an understanding of many problems in chemistry and physics. This volume records a representative slection of the papers delivered at the second European Workshop on Quantum Systems in Chemistry and Physics which was held at Jesus College, Oxford, April 6-9, 1997. The purpose of this international Workshop was to bring together chemists and physicists with a common interest--the quantum mechanical many-body problem--and to encourage collaboration and exchange of ideas on the fundamentals by promoting innovative theory and conceptual development rather than improvements in computatorial techniques and routine applications.

Key Features
* Covers the following topics:
* Density matrices and density functional theory
* Electron correlation
* Relativistic effects
* Valence theory
* Nuclear motion
* Response theory
* Condensed matter
* Chemical reactions

Quantum Systems in Chemistry and Physics Part I, Volume 31 (Advances in Quantum Chemistry)

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Quantum Systems in Chemistry and Physics Part I, Volume 31 (Advances in Quantum Chemistry)
Per-Olov Lowdin
Manufacturer: Academic Press
ProductGroup: Book
Binding: Paperback
ASIN: B000OHGLZW

Book Description

Returning to size up the new century, award-winning provocateur Michael Moore exposes the big, ugly special-interest group that's laying waste to the world: stupid white men. Whether he's calling for United Nations action to overthrow the Bush family junta, calling on African-Americans to place "whites only" signs over the entrances of unfriendly businesses, or praying that Jesse Helms will get kissed by a man, these commentaries are Mike's manifesto on malfeasance and mediocrity.

En una divertida sátira política, premiado provocador Michael Moore revela el gran grupo que están asolando del mundo: los estúpidos hombres blancos. Cómo el "presidente" Bush quién robó la elección contando sólo con la ayuda de su hermano, cómo los ricos siguen siendo ricos mientras nos obligan a que vivamos en un miedo permanente a los malos resultados económicos; y cómo los políticos se han aliado con el mundo de los grandes negocios. Este libro sirve como el manifesto de Mike sobre la mediocridad y mala conducta.

Customer Reviews:

Interesante y entretenido.......2006-06-07

Me parecio un libro muy educativo y a la vez facinante, da a conocer hechos de la historia contemporanea, y los presenta de una manera llena de humor.

Michael Moore versus la estupidez.(autor y cineasta)(su libro Estúpidos hombres blancos): An article from: Siempre!

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Michael Moore versus la estupidez.(autor y cineasta)(su libro Estúpidos hombres blancos): An article from: Siempre!
Enrique Díaz Álvarez
Manufacturer: Edicional Siempre
ProductGroup: Book
Binding: Digital
ASIN: B0008EDWL2
Release Date: 2005-07-31

Book Description

This digital document is an article from Siempre!, published by Edicional Siempre on October 19, 2003. The length of the article is 580 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Michael Moore versus la estupidez.(autor y cineasta)(su libro Estúpidos hombres blancos)
Author: Enrique Díaz Álvarez
Publication: Siempre! (Refereed)
Date: October 19, 2003
Publisher: Edicional Siempre
Volume: 50 Issue: 2627 Page: 69(1)

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Vuelve Michael Moore contra Bush: "estúpidos hombres blancos".(director de cine)(la cinta documental Bowling for Columbine )(Entrevista): An article from: Proceso

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Vuelve Michael Moore contra Bush: "estúpidos hombres blancos".(director de cine)(la cinta documental Bowling for Columbine )(Entrevista): An article from: Proceso
Sanjuana Martínez
Manufacturer: CISA Comunicacion e Informacion, S.A. de C.V.
ProductGroup: Book
Binding: Digital
ASIN: B0008E2O9I
Release Date: 2005-07-31

Book Description

This digital document is an article from Proceso, published by CISA Comunicacion e Informacion, S.A. de C.V. on September 14, 2003. The length of the article is 3085 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Vuelve Michael Moore contra Bush: "estúpidos hombres blancos".(director de cine)(la cinta documental Bowling for Columbine )(Entrevista)
Author: Sanjuana Martínez
Publication: Proceso (Magazine/Journal)
Date: September 14, 2003
Publisher: CISA Comunicacion e Informacion, S.A. de C.V.
Issue: 1402 Page: 70(3)

Article Type: Entrevista

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