How to Become a Millionaire [Paperback]
Make Money While You Sleepby Jim Slater and Tom Stevenson
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Description of How to Become a MillionaireAll the tools and practical advice you need to turn your personal finances into personal wealth are provided in this work. By following the steps and plans laid out, you really can become a millionaire. With their straightforward and easy to understand approach, the authors explain the eighth wonder of the world, the power of compounding, showing how with relatively small regular savings you can produce a very significant capital sum. Did you know, for example, that with growth at the same rate as the UK stock market over the last 20 years, #5000 a year would produce #2 million in 25 years? But that is only half the story. By using an ISA mortgage, for instance, to finance the purchase of your house or flat you can harness two of the world's best-performing financial assets, property and shares. This book shows you how to set them to work for you at the same time. And believe it or not, the capital profits you make on both will be tax free.
Press and Industry Reviews"How to Become a Millionaire shows how to progress and become a more active private investor"
- Sunday Express
"Slater outlines a formula for buying shares and cites mastery of the concept of compounding as the key to wealth"
"Even by his critics he is acknowledged as a master investor with an innate sense of market timing. Tutors of his quality don’t come along every day"
- Shares magazine
"...a big hit with would-be tycoons."
- Sunday Express, 24 November 2002
"a valid, interesting, and statistically backed-up method by which to generate a massive amount of wealth...an ideal recommendation (or gift) to your clients"
- Financial Advisor, 24 April 2003
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About Jim Slater and Tom StevensonJim Slater was chairman of the legendary financial conglomerate Slater Walker Securities and is widely recognised as an authority on stock markets. Tom Stevenson is a leading financial writer and former City editor of the Independent.
Contents of How to Become a Millionaire1. The Miracle of Compounding
2. Inflation - the Sleeping Dragon
3. Buy your own Home
4. How to Finance Your Home
5. Review your Endowments
6. Save Regularly
7. Pay Less Tax
8. Tracker Funds
10. More Active Investment
11. A Taste of Two Methods
12. Ten Steps to Financial Freedom
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