Building a Financial Fortress: Lessons from the Great Recession for Savers and Investors

Building a Financial Fortress Lessons from the Great Recession for Savers and Investors This book is a re publication of a blog I started in the depths of the Great Recession in March During that time as I agonized over investing saving and potential job loss I developed an inves

  • Title: Building a Financial Fortress: Lessons from the Great Recession for Savers and Investors
  • Author: Nick Reichert
  • ISBN: 9781500357344
  • Page: 403
  • Format: Paperback
  • This book is a re publication of a blog I started in the depths of the Great Recession in March 2011 During that time, as I agonized over investing, saving and potential job loss, I developed an investment philosophy I dubbed the Financial Fortress and wrote a series of posts about it along with other posts about specific asset classes, investment strategies and relatedThis book is a re publication of a blog I started in the depths of the Great Recession in March 2011 During that time, as I agonized over investing, saving and potential job loss, I developed an investment philosophy I dubbed the Financial Fortress and wrote a series of posts about it along with other posts about specific asset classes, investment strategies and related topics My two biggest successes have been in real estate and precious metals During the Great Recession, I made some aggressive moves, using retirement savings, to purchase distressed condominiums in Orange County, California In addition to enjoying positive cash flow while I owned the properties, I have just completed one sale and have a second one in escrow, doubling my money in five years I also made an aggressive move into silver US Silver Eagle coins to watch them triple in value, at which time I sold individual rolls on EBay and kept the rest for future appreciation The essence of the Financial Fortress is that as savers and investors, we need to first have a strong defense before we can have a strong offense As volatility in world markets seems to worsen each year and booms busts become intense, preservation of capital is paramount but so is finding opportunities to leverage what we have in order to grow our wealth.

    • æ Building a Financial Fortress: Lessons from the Great Recession for Savers and Investors || ↠ PDF Download by ↠ Nick Reichert
      403 Nick Reichert
    • thumbnail Title: æ Building a Financial Fortress: Lessons from the Great Recession for Savers and Investors || ↠ PDF Download by ↠ Nick Reichert
      Posted by:Nick Reichert
      Published :2018-08-14T21:17:24+00:00

    1 thought on “Building a Financial Fortress: Lessons from the Great Recession for Savers and Investors”

    1. Again, like a lot of books I download, I thought this wasn't quite up my street, I was wrong. Fantastically written with an informative wit for anybody interested in finance. Reichert is a delightful author with superb promise. An excellent and worthy purchase!

    2. This is a startlingly readable book for folks looking to become wealthier, or simply make themselves less subject to the whims of the marketplace. Often business books, especially investment books, can be quite dry. Not so with this one; the author demonstrates a real flare for writing. Many business books are also somewhat impenetrable to folks who lack the necessary aptitudes. Again, not at all true here. The author ably walks the most business-challenged individual through concepts which may [...]

    3. This is a solid book that makes me want to get into investment property. My sweetness and I almost bought a three-family apartment building a few years back INSTEAD of our home, and I wish we had! Lots of great info here about everything from silver to bonds. The discussions about debt, cash flow, and general money managing are interesting very cool!

    4. I received Building a Financial Fortress by Nick Reichert via a Firstreads giveaway. This review is just my honest opinion about it and I hope not to offend anyone.Firstly, I'd like to mention that I know a reasonable amount about investments. Don't get me wrong, I'm not an expert, but I do know a reasonable amount to get by. However, I put that all aside and pretended like I was a beginner to see what this book would teach me. The book is not for beginners, I'll tell you that to start with. It' [...]

    5. This book is a great resource for a beginner in real estate investing as well as an investor who may need to brush upon information. This book covered many of the questions a new investor may have from the reasons to taking the plungeinto investing all the way to selling your investment property. So, if you have even a fleeting thought about purchasing a propertyas an investment, this book offers information about different types of properties to invest in as well as the pros and cons. There was [...]

    6. Good sound advice. Although the analysis is derived from the American economy, the principles and advice are just as applicable for investors in other countries

    Leave a Reply

    Your email address will not be published. Required fields are marked *