The value of debt : how to manage both sides of a balance sheet to maximize wealth
(Book)

Book Cover
Average Rating
Published
Hoboken, New Jersey : Wiley, 2013.
Physical Desc
xxiii, 247 pages ; 24 cm
Status
Round Rock Public Library - Adult (2nd floor)  1 available
NF 332.02402 ANDERSO 2013

Description

Loading Description...

Also in this Series

Checking series information...

Copies

LocationCall NumberStatus
Round Rock Public Library - Adult (2nd floor)NF 332.02402 ANDERSO 2013On Shelf

More Like This

Loading more titles like this title...

More Details

Format
Book
Language
English
ISBN
9781118758618 (hardback), 9781118758618, 1118758617

Notes

Bibliography
Includes bibliographical references and index.
Description
"This book strives to develop a new vision of the value of debt in the management of individual and family wealth. Virtually every company examines both sides of its balance sheet--assets and debts--and consciously strives to achieve an optimal debt ratio. In contrast, the vast majority of individuals, wealthy or not, are either dramatically over leveraged (too much debt) or, conversely, believe that debt is always bad and should be paid off as soon as humanly possible.There are reasons, however, why practically all companies acknowledge the value of debt and seek to have an optimal debt ratio in place. As it turns out, many wealthy individuals and families--from the moderately affluent to the ultra-affluent--can also make use of similar strategies, leading to substantial long-term economic advantage. The strategic use of debt can enable individuals to become progressively wealthier by "capturing the spread" between the cost of debt and the return on investment that potentially can be generated. The use of debt can also help generate tax-free income in retirement and provide instantly available funds needed to respond to natural disasters, health crises, or personal financial difficulties. The book frames the discussion around what is an optimal debt ratio, as well as the costs, benefits and risks of implementing the strategies"--,Provided by publisher.

Reviews from GoodReads

Loading GoodReads Reviews.

Citations

APA Citation (style guide)

Anderson, T. J. (2013). The value of debt: how to manage both sides of a balance sheet to maximize wealth . Wiley.

Chicago / Turabian - Author Date Citation (style guide)

Anderson, Thomas J. 2013. The Value of Debt: How to Manage Both Sides of a Balance Sheet to Maximize Wealth. Hoboken, New Jersey: Wiley.

Chicago / Turabian - Humanities Citation (style guide)

Anderson, Thomas J. The Value of Debt: How to Manage Both Sides of a Balance Sheet to Maximize Wealth Hoboken, New Jersey: Wiley, 2013.

MLA Citation (style guide)

Anderson, Thomas J. The Value of Debt: How to Manage Both Sides of a Balance Sheet to Maximize Wealth Wiley, 2013.

Note! Citation formats are based on standards as of August 2021. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.

Staff View

Loading Staff View.