In this revised and updated edition of his bestseller, Fred Young a self-made millionaire and investment counselor utilizes his experience as head of the trust department of one of the nation's leading banks to present the three main sources of wealth-real estate, self-owned businesses, and common stocks. Along with a detailed explanation and a "blue-print" for success he explains what to expect when you graduate to continually higher income brackets.
21 Sept. 2019 - I read this between 1991-1993 shortly after I met the author. What a great guy he was and what a fun, helpful and wonderful book this is.
For anyone interested in making sure he/she is not poor, I recommend this.
For anyone who likes a good sense of humor and sense of life, I recommend this.
For anyone who wants to know some basic truths about insuring a better financial future for themselves and their family, I recommend this.
For anyone who wants to be a little happier in life, I recommend this book.
Thank you Brian Wesbury for introducing me to Fred J. Young!
The thesis here is that in order to be rich you have to spend less than you earn and invest the difference in something that will make money for you. There's just not a lot of practical direction how tot do it.