In comments that were unfortunately prescient, Dr. Doroghazi said in the first edition qthe author feels we are currently experiencing a real estate bubble.q And in anticipation of the credit crisis, he said qbanks are far too lenient in their lending practices...the problem is that bankers are often not lending their own money...considering that a significant percentages of mortgages are sold to Fannie Mae (FNM) and Freddie Mac (FRE), the problem is now actually everyoneas.q This new and expanded edition provides commonsense advice that all investors, physicians and non-physicians will find profitable in these difficult times. Learn about the power of thrift, the magnificence of compound interest, the malevolence of debt and the perniciousness of fees. See how to pay off the mortgage by age 45, fund your childrenas education and retire at a reasonable age rather than continue to work because you must.He uses as an example the auto parts retailer Pep Boys, Manny, Moe and Jack ( PBY). He notes that anyone familiar with the company, such as lawyers, executives, accountants, clerks, or even the carpenters and plumbers who were buildinganbsp;...
|Title||:||The Physician's Guide to Investing|
|Publisher||:||Springer Science & Business Media - 2009-07-25|