$1 Million for Life: How to Make It, Manage It, Maximise It

by Ashley Ormond

Overview

Want to build wealth that will last you a lifetime?

Then $1 Million for Life is the book for you! In this step-by-step guide to financial freedom, investor and best-selling author Ashley Ormond outlines dozens of practical ways to increase your wealth by tens of thousands, or even hundreds of thousands, of dollars. It doesn’t matter how much you earn — it’s what you do with the money you have that makes the difference.

Inside you’ll learn how to:

• save money and pay off debts quickly
• use low-cost, tax-effective ways to invest in shares
• invest in residential and commercial property
• maximise the performance of your superannuation
• protect your investment plans and your lifestyle.

There are no get-rich-quick schemes or trading systems — just practical steps almost anybody can take. $1 Million for Life gives you the tools to build enough wealth so you can start doing what you really want to do for the rest of your life.

Product Details

ISBN-13:	9781742168654
Publisher:	Wiley
Publication date:	01/27/2012
Sold by:	JOHN WILEY & SONS
Format:	eBook
Pages:	304
File size:	5 MB

About the Author

Ashley Ormond is a successful investor and former senior executive at major global finance and banking groups. He has degrees in economics, law and finance, and has been a director of several companies. He is the principal of Investing 101 Pty Ltd, which holds an Australian Financial Services licence, and lives in Sydney with his wife and two children.

Table of Contents

Acknowledgements viii

Preface xii

1 The problem 1

2 Step 1 — money sense 26

3 Step 2 — own your house outright 72

4 Step 3 — superannuation (part I): how to use super 115

5 Superannuation (part II): maximising super performance 138

6 Step 4 — invest outside super (part I): shares 171

7 Invest outside super (part II): property 239

8 Invest outside super (part III): other asset classes 288

9 Step 5 — protection in case things go wrong 317

10 Step 6 — do what you love doing 338

11 Putting it all together 359

References 392

Index 394