- » The value of debt in building wealth: creating your glide path to a healthy financial L.I.F.E
The value of debt in building wealth: creating your glide path to a healthy financial L.I.F.E
Table of Contents
From the Book
Machine generated contents note: Foreword Acknowledgments About the Author Introduction Chapter 1: The Traditional Glide Path The Need for Specific, Actionable Advice Chapter 2: Foundational Facts All Debt is Not Equal: Oppressive, Working, and Enriching Debt Paying Down Debt Gives You a Return Equal to Your After-Tax Cost of That Debt Sh*t Happens
Value Liquidity Yes, You Can
Save Compounding Matters
For the Upside and the Downside The Past is the Past; Focus on the Future Behavioral Economics Matters Chapter 3: A Balanced Path to L.I.F.E. Phase 1: Launch! Phase 2: Independence Chapter 4: Freedom and Equilibrium Phase 3: Freedom Phase 4: Equilibrium Bonus Phase: No Debt! Chapter 5: The Other Side of the Balance Sheet The Probability of an 8 Percent Rate of Return is Zero Risk, Return, and Diversification What About Interest Rates and Cost of Debt? What about One of Your Biggest Assets? Your House Three Buckets of Money Risk Matters
The Risk of Time Factoring Leverage into Returns Debt as an Integrated Part of Your Investment Philosophy Chapter 6: Proof of the Value of Debt The Big Picture
Debt Can Be Valuable Children and College Savings Interest Rates and Debt Service Coverage Ratios Chapter 7: Conclusion Taking a Stand Against Conventional Wisdom Appendix A: Phi Phound Me Inspiration Arrived Not Perfect Makes Perfect Applying The Fibonacci Sequence From 13 to 8 From 8 to 5 Super Cool Math Appendix B: Understanding The Power of Securities-Based Lending Case Study The Power of Securities-Based Lending First Bank of Mom and Dad Appendix C: Home Purchase and Financing Considerations Don't Rush to Buy a House When Home Ownership Can Go Wrong Save Yourself the Anguish Be Careful! All Mortgages Are Not Created Equal Owning Can Be Great Appendix D: The Millennial's Guide To Debt and Getting Started Saddled by Student Loans The Best Budget: Spend Less Than You Make Debt to Income Ratios Pulling These Concepts Together Appendix E: The Math Behind the Examples Chapter 1: The Nadas, Steadys and Radicals Chapter 3 and 4: Brandon and Teresa Higher Income Glossary Resource Guide Bibliography Suggested Reading Index.
From the eBook
Cover; Title Page; Copyright; Contents; Foreword; Acknowledgments; About the Author; About Supernova Companies; Introduction; Endnotes; Chapter 1: The Traditional Glide Path; In a Perfect World, No Debt! But Our World Isn't Perfect; You Owe a Debt to Your Future Self; Break the Paycheck-to-Paycheck Cycle; Companies Embrace Balance; The Power of Savings; A New Glide Path: Debt Adds Value; Finding Your Glide Path; The Need for Specific, Actionable Advice; Endnotes; Chapter 2: Foundational Facts; All Debt Is Not Equal: Oppressive, Working, and Enriching Debt.
Paying Down Debt Gives You a Return Equal to Your After-Tax Cost of That DebtSh*t Happens-Value Liquidity; Yes, You Can-Save; Compounding Matters-For the Upside and the Downside; Compounding Lessons and Hard Knocks; The Past Is the Past; Focus on the Future; Behavioral Economics Matters; Endnotes; Chapter 3: A Balanced Path to L.I.F.E.; Phase 1: Launch!; A Case Study; Application; Frequently Asked Questions; Phase 2: Independence; Scenario 1: You Do Not Own a House; Scenario 2: You Would Like to Purchase a House; A Case Study of Dual Income, No Kids; Application.
Scenario 3: You Already Own a HouseEndnotes; Chapter 4: Freedom and Equilibrium; Phase 3: Freedom; A Case Study; Application; Frequently Asked Questions; Phase 4: Equilibrium; Application; Bonus Phase: No Debt!; Endnotes; Chapter 5: The Other Side of the Balance Sheet; The Probability of an 8 Percent Rate of Return Is Zero; Risk, Return, and Diversification; What about Interest Rates and Cost of Debt?; What about One of Your Biggest Assets? Your House; Three Buckets of Money; Conservative; Core; Aggressive; Risk Matters-The Risk of Time; Factoring Leverage into Returns.
Debt as an Integrated Part of Your Investment PhilosophyEndnotes; Chapter 6: Proof of the Value of Debt; The Big Picture-Debt Can Be Valuable; Zero Oppressive Debt Is Valuable; Is Debt Valuable if It Costs Nothing?; What about Borrowing Costs?; What about Investment Returns?; What about the Impact of Savings Rate?; What about the Tax Factor?; What if the Tax Deductibility of Mortgages Goes Away?; Children and College Savings; Interest Rates and Debt Service Coverage Ratios; Endnotes; Chapter 7: Conclusion; Taking a Stand Against Conventional Wisdom; Endnotes; Appendix A: Phi Phound Me.
Inspiration ArrivedNot Perfect Makes Perfect; Applying the Fibonacci Sequence; From 13 to 8; From 8 to 5; Super Cool Math; Endnotes; Appendix B: Understanding the Power of Securities-Based Lending; Case Study; The Power of Securities-Based Lending; First Bank of Mom and Dad; Endnotes; Appendix C: Home Purchase and Financing Considerations; Don't Rush to Buy a House; When Home Ownership Can Go Wrong; Save Yourself the Anguish; Be Careful!; All Mortgages Are Not Created Equal; One-Month LIBOR Interest-Only Floating Rate ARM; 5-, 7-, 10-Year Interest-Only ARM; 15- and 30-Year Fixed Rate.
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