The Value of Debt in Building Wealth

The Value of Debt in Building Wealth is full of ideas you can apply to your own situation—no matter what your current asset level. Read this book today and thank yourself later.

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Author: Thomas J. Anderson

Publisher: John Wiley & Sons

ISBN: 9781119049296

Category: Business & Economics

Page: 272

View: 190

"The Value of Debt in Building Wealth will greatly expand upon and go beyond the ideas presented in The Value of Debt by framing out debt strategies for individuals who are generally between 25 and 40 years old and in the first stages of accumulating debt. Topics discussed in the book include: - Debt-to-Asset versus Debt-to-Income ratios: where they intersect, how they tend to move over time, and how these ratios can help guide individuals and families - Rent versus buy; a detailed discussion and analysis - A discussion of student debt and what to do with it - Debt overlay vis-. is one's investment portfolio: where should you direct your cash flow funds? A debate, discussion, and flow chart - Maximizing retirement-related investment opportunities--starting early matters - Saving for children's college and graduate education - The importance of liquidity, and why individuals should be willing to pay for it - The importance of lines of credit including asset based portfolio loans - Fixed vs. floating debt; what you are really paying for, and whether it is worth it - Investment basics and important simple concepts to understand as you move forward"--

The Value of Debt

A New York Times bestseller and one of the Ten Best Business Books of 2013 by WealthManagement.com, this book brings a new vision of the value of debt in the management of individual and family wealth In this groundbreaking book, author Tom ...

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Author: Thomas J. Anderson

Publisher: John Wiley & Sons

ISBN: 9781118758519

Category: Business & Economics

Page: 272

View: 237

A New York Times bestseller and one of the Ten Best Business Books of 2013 by WealthManagement.com, this book brings a new vision of the value of debt in the management of individual and family wealth In this groundbreaking book, author Tom Anderson argues that, despite the reflex aversion most people have to debt—an aversion that is vociferously preached by most personal finance authors—wealthy individuals and families, as well as their financial advisors, have everything to gain and nothing to lose by learning to think holistically about debt. Anderson explains why, if strategically deployed, debt can be of enormous long-term benefit in the management of individual and family wealth. More importantly, he schools you in time-tested strategies for using debt to steadily build wealth, to generate tax-efficient retirement income, to provide a reliable source of funds in times of crisis and financial setback, and more. Takes a "strategic debt" approach to personal wealth management, emphasizing the need to appreciate the value of "indebted strengths" and for acquiring the tools needed to take advantage of those strengths Addresses how to determine your optimal debt ratio, or your debt "sweet spot" A companion website contains a proprietary tool for calculating your own optimal debt ratio, which enables you to develop a personal wealth balance sheet Offering a bold new vision of debt as a strategic asset in the management of individual and family wealth, The Value of Debt is an important resource for financial advisors, wealthy families, family offices, and professional investors.

The Value of Debt in Retirement

Wealth management is all he has done and all he has studied. While others were
at summer camp, Anderson went to Wall Street Camp. In The Value of Debt in
Retirement, Anderson shows you some potentially shocking revelations, “tricks” ...

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Author: Thomas J. Anderson

Publisher: John Wiley & Sons

ISBN: 9781119019985

Category: Business & Economics

Page: 336

View: 922

Increase the odds you won't run out of money in retirement – using debt! Conventional wisdom is wrong – being debt free in retirement may actually increase your risk. The Value of Debt in Retirement teaches you how incorporating debt into your retirement strategy may increase your return, lower your taxes and actually lower your risk. You read that right. If handled correctly, debt—that thing we've all been taught to avoid—can play an integral role in your life, especially in retirement. New York Times Best Selling Author and nationally acclaimed financial expert Tom Anderson shows you how to use the time tested strategies of the best companies and the ultra rich to retire comfortably, minimize taxes, buy the things you have always wanted to have and do the things you have always wanted to do. Thought provoking and against the grain, Anderson explains why your risk tolerance doesn't matter, why being debt free may actually increase your risk and why rushing to pay off your mortgage may be a financial disaster. Full of shocking revelations and tricks high- net-worth individuals have used for years, The Value of Debt in Retirement opens the world to a new approach to wealth management in retirement, one that factors in both sides of the balance sheet as an integrated ecosystem. Real-world case studies illustrate how informed debt strategies can lead to a happier, healthier retirement. See how an individual with a net worth of more than $5 million can spend $20,000 per month - after taxes - and pay less than $5,000 per year in taxes, how it is possible to increase your rate of return by 50%, and how a lower risk portfolio with debt could increase the chances you do not run out of money. Specifically written to Baby Boomers, practical guides and checklists show how to use debt strategies to fund primary and secondary properties, refinance credit card debt, and finance hobbies, such as cars and boats and recreational vehicles. Additional guides show how you can help your children, help your parents and leave a bigger legacy for your heirs and favorite charities. Regardless of your net worth, The Value of Debt in Retirement provides tools to use to apply these concepts to your personal situation. There is no free lunch: the book delivers a balanced perspective focusing on the potential risks and benefits of the strategies discussed. A discussion on economic history highlights some of the shocks the economy may face and provides important warnings that you should factor into your retirement plan. Anderson not only shows that your life expectancy may be longer than you think, but also illustrates that many investors may be on track to average returns well under 4% for the next ten years – a potentially devastating combination. Irrespective of your beliefs about debt, The Value of Debt in Retirement proves risk is more important than return for retirees and provides suggestions on ways to minimize that risk. Not all debt is good and high levels of debt are bad. The Value of Debt in Retirement is about choosing the right debt, in the right amounts, at the right time. Perhaps most importantly, this book isn't for everybody. This book requires responsible actions. If you can't handle the responsibility associated with the ideas then this book then it isn't for you. If you need a rate of return under 3% from your investments then you may not need this book. But if you can handle the responsibility and if you need a return above 3%, this book may offer insights into the best (and potentially only) way to achieve your goals.

Federal Register

Nor will the valuation fails to consider the impact of share should calculate , and
utilize for Commission object if , under similar cir market factors subsequent to the
date a purposes of sales and redemptions , a cumstances , the fair value of debt ...

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Author:

Publisher:

ISBN: UCR:31210024961649

Category: Delegated legislation

Page:

View: 669

Internal Revenue Bulletin

Consequently , debt is not con the value of a debt instrument is its cost to pected
cash flows without making any sidered traded on an established the Owner if four
conditions are met : ( 1 ) adjustment if the assumption made with securities ...

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Author: United States. Internal Revenue Service

Publisher:

ISBN: NYPL:33433071686913

Category: Taxation

Page:

View: 277

Decisions of the Supreme Court of Illinois in the Tax Injunction Cases

That when the corporation is indebted , the indebtedness proportionally reduces
the value of the shares of capital stock . 3d . That the value of the debt is
determined by the value of that belonging to the corporation from which its
payment can ...

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Author: Illinois. Supreme Court

Publisher:

ISBN: HARVARD:32044107897027

Category:

Page: 51

View: 328

The Volatility Machine

Since we typically think of equity as a security whose value is highly sensitive to
the earning power of the issuer, when the relationship is inverted and it is the
debt whose value is more highly sensitive, that debt becomes equity-like. To go a
 ...

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Author: Michael Pettis

Publisher: Oxford University Press

ISBN: 0195349482

Category: Business & Economics

Page: 272

View: 619

This book presents a radically different argument for what has caused, and likely will continue to cause, the collapse of emerging market economies. Pettis combines the insights of economic history, economic theory, and finance theory into a comprehensive model for understanding sovereign liability management and the causes of financial crises. He examines recent financial crises in emerging market countries along with the history of international lending since the 1820s to argue that the process of international lending is driven primarily by external events and not by local politics and/or economic policies. He draws out the corporate finance implications of this approach to argue that most of the current analyses of the recent financial crises suffered by Latin America, Asia, and Russia have largely missed the point. He then develops a sovereign finance model, analogous to corporate finance, to understand the capital structure needs of emerging market countries. Using this model, he finally puts into perspective the recent crises, a new sovereign liability management theory, the implications of the model for sovereign debt restructurings, and the new financial architecture. Bridging the gap between finance specialists and traders, on the one hand, and economists and policy-makers on the other, The Volatility Machine is critical reading for anyone interested in where the international economy is going over the next several years.

Methhodoligical Issues in Evaluating Debt Reducing Deals

Changes in the degree of seniority can furthermore have an important impact on
the amount of debt reduction that can be achieved in any deal and on the net
change in the value of claims of each seniority class. The debt value function that
 ...

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Author:

Publisher: World Bank Publications

ISBN:

Category:

Page:

View: 413

Market based Debt Reduction for Developing Countries

Changes in the degree of seniority can have an important impact on the amount
of debt reduction that can be achieved in any deal and on the net change in the
value of claims of each seniority class. The debt-value function that has been ...

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Author:

Publisher: World Bank Publications

ISBN: 0821317326

Category: Business & Economics

Page: 62

View: 327

Private Equity Accounting Investor Reporting and Beyond

An additional twist on using the inconsistent logic described earlier focuses on
whether the face value or fair value of debt should be subtracted from enterprise
value to determine the fair value of equity. In most PE transaction situations, debt
 ...

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Author: Mariya Stefanova

Publisher: FT Press

ISBN: 9780133761528

Category: Computers

Page: 320

View: 176

Today's only advanced comprehensive guide to private equity accounting, investor reporting, valuations and performance measurement provides a complete update to reflect the latest standards and best practices, as well as the author's unique experience teaching hundreds of fund professionals. In Private Equity Accounting, Investor Reporting and Beyond Mariya Stefanova brings together comprehensive advanced accounting guidance and advice for all private equity practitioners and fund accountants worldwide: information once available only by learning from peers. Replete with up-to-date, user-friendly examples from all main jurisdictions, this guide explains the precise workings and lifecycles of private equity funds; reviews commercial terms; evaluates structures and tax treatments; shows how to read Limited Partnership Agreements; presents best-practice details and processes, and identifies costly pitfalls to avoid.

Estimating the value of subsidies for federal loans and loan guarantees

market value of assets without requiring an estimate of the market value of debt.
That is the approach that CBO took for this analysis. Usin o tions- ricin formulas to
estimate the market 8 P P 8 rice of assets re uires the followin six measures: P cl
 ...

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Author: Deborah Lucas

Publisher:

ISBN: PURD:32754075435663

Category: Business & Economics

Page: 27

View: 160

The National Bankruptcy Register Reports

Revaluation . an ordinary debt , irrespective of the “ year . Where the value of a
security held by a clause . " But where not so adjusted previ . creditor has been
once agreed upon beous to the insolvency of the company , the tween the
assignee ...

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Author:

Publisher:

ISBN: STANFORD:36105044191513

Category: Bankruptcy

Page:

View: 192

The Solicitors Journal and Reporter

And it It will be observed that although the Lord Chancellor was held that the
amount of the secured debts was to be purported to decide that the value of the
security was to taken into consideration without deducting the value of be
deducted in ...

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Author:

Publisher:

ISBN: UCAL:C3024949

Category: Law

Page:

View: 460

1974 Census of Agriculture

Real estate debt Non-real estate Total debt as a . as a rcent of debt as a percent
percent of the of value oçeland and of the value value of Total debt as a Total
debt as a Total debt as a buildings owned of production production percent of net
 ...

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Author: United States. Bureau of the Census

Publisher:

ISBN: STANFORD:36105026306204

Category: Agriculture

Page:

View: 565

Oliver and Boyd s New Edinburgh Almanac and National Repository

Trustee , on production he must pay the annuity and all subof oath and grounds
of debt , to mark sequent annuities until payment of them with his initials , and
enter them the value , under deduction of any diviin sederunt book , with date of ...

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Author:

Publisher:

ISBN: UOM:39015063746419

Category:

Page:

View: 809

Debt Reduction and Economic Activity Occa Paper No 68

II Effects of Debt Effects of Debt and Debt - Service Reduction on Value of Debt
Appendix I Valuation of Menu Items in Debt Restructurings. Equivalence of Debt -
Reduction Techniques Different debt- and debt - service - reduction techniques ...

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Author: Michael P. Dooley

Publisher: International Monetary Fund

ISBN: 1557751358

Category: Business & Economics

Page: 30

View: 528

Dated March 1990

The Dark Side of Valuation

lease , the present value of the lease expenses is treated as debt , and interest is
imputed on this amount and shown in the income statement . You could make the
argument that in an operating lease , the lease payments are just as much a ...

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Author: Aswath Damodaran

Publisher: FT Press

ISBN: 013040652X

Category: Business & Economics

Page: 479

View: 858

Concurrent with the rise of technology companies, particularly dot.coms. there has been a disquiet among investors. Just what is their worth? How do you assess them as an investor? This book, by Damodaran, who is considered the world's leading authority on valuation, answers these questions and more.

Australian Journal of Mining

Debt finance on a new project is not generally advanced until issues such as
native Title have been clarified . ... in WACC have been selected to illustrate the
effect of increased risk NATIVE TITLE the multiplier effect of the value of
discoveries.

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Author:

Publisher:

ISBN: PSU:000048753746

Category: Mines and mineral resources

Page:

View: 782

An Option pricing Approach to Secondary Market Debt

First the impact of debt reduction per se on the valuation of the claims that remain
. Second the extent to which credit enhancements, through collateralization and
forms of official guarantees for newly created claims, increase the market value ...

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Author: Stijn Claessens

Publisher: World Bank Publications

ISBN:

Category: Debt relief

Page: 21

View: 975