LEADER 03256nam 2200601 450 001 9910830596703321 005 20180929003359.0 010 $a1-118-75851-X 010 $a1-118-75877-3 010 $a1-118-75863-3 035 $a(CKB)2550000001115783 035 $a(StDuBDS)AH25701685 035 $a(SSID)ssj0000981934 035 $a(PQKBManifestationID)11618531 035 $a(PQKBTitleCode)TC0000981934 035 $a(PQKBWorkID)10983603 035 $a(PQKB)11390915 035 $a(MiAaPQ)EBC1372254 035 $a(DLC) 2013022092 035 $a(CaSebORM)9781118758519 035 $a(OCoLC)846847011 035 $a(EXLCZ)992550000001115783 100 $a20130531h20132013 uy| 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe value of debt $ehow to manage both sides of a balance sheet to maximize wealth /$fThomas J. Anderson 205 $a1st edition 210 1$aHoboken, New Jersey :$cWiley,$d[2013] 210 4$dİ2013 215 $a1 online resource (256 pages) 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a1-118-75861-7 311 $a1-299-84867-2 320 $aIncludes bibliographical references and index. 327 $apart 1. The value of debt in the management of wealth -- part 2. The assets-based loan facility -- part 3. Scenarios for success -- part 4. Appendixes. 330 $a"This book strives to develop a new vision of the value of debt in the management of individual and family wealth. Virtually every company examines both sides of its balance sheet--assets and debts--and consciously strives to achieve an optimal debt ratio. In contrast, the vast majority of individuals, wealthy or not, are either dramatically over leveraged (too much debt) or, conversely, believe that debt is always bad and should be paid off as soon as humanly possible.There are reasons, however, why practically all companies acknowledge the value of debt and seek to have an optimal debt ratio in place. As it turns out, many wealthy individuals and families--from the moderately affluent to the ultra-affluent--can also make use of similar strategies, leading to substantial long-term economic advantage. The strategic use of debt can enable individuals to become progressively wealthier by "capturing the spread" between the cost of debt and the return on investment that potentially can be generated. The use of debt can also help generate tax-free income in retirement and provide instantly available funds needed to respond to natural disasters, health crises, or personal financial difficulties. The book frames the discussion around what is an optimal debt ratio, as well as the costs, benefits and risks of implementing the strategies"--$cProvided by publisher. 606 $aFinance, Personal 606 $aDebt 615 0$aFinance, Personal. 615 0$aDebt. 676 $a332.02402 686 $aBUS027000$2bisacsh 700 $aAnderson$b Thomas J$c(Certified investment management analyst)$0412879 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910830596703321 996 $aThe value of debt$94028188 997 $aUNINA