Saturday, July 23, 2011

Book Review: Safe Money Millionaire

From Amazon:
The "Safe Money Millionaire" debunks the financial wisdom that has cost Americans trillions in losses in the stock market. Now more than ever baby boomers and Americans saving for retirement are looking for safety for their money rather than chasing returns on Wall Street. In this book we crush the financial myths ranging from 401(k)’s being a good place for retirement savings, to diversifying with Mutual Funds, to keeping your credit score high and getting a low interest rate. The solution is a predictable, easy to follow plan to growing wealthy without risking money on Wall Street, reducing or eliminating interest paid to banks and credit card companies, plus protecting yourself from taxes that can ravage retirement savings in qualified plans.

I don't have a degree in economics, and am not a financier. But everyone knows that financial news of the last ten years has made us more uncertain of the future than ever. Unscrupulous members of the financial world have made retirement savings evaporate, encouraged overspending on homes, and manipulated the stock market. Those who continue to be financially solvent worry about their jobs and how they will ever be able to retire.

Brett Kitchen and Ethan Kap have exposed the secrets of Wall Street. Using real life examples, they demonstrate how playing the stock market and traditional retirement savings are not the best option. Kitchen & Kap show you a less risky way to grow your wealth in such a way that it lasts at least as long as you do.

This quick read is easy to understand for everyone. Included are instructions to obtain a free financial blueprint designed especially for you.  That alone is worth far more than the cover price.

FTC Disclaimer: I received a free copy of this book, but this did not influence my review.