Building And Preserving Your Wealth: A Practical Guide To Financial Planning For Affluent Investors [Hardcover]

Steven Podnos (Author)

Book Description

Publication Date: January 1, 2010

Who can you trust with your money? Affluent investors are in dire need of unbiased advice and straightforward information concerning their investments and finances. Unfortunately, this is often hard to come by. "Building And Preserving Your Wealth" dares to tell you the truth and provides you with a sound, prudent and easy-to-follow financial strategy. It gives you a rock-solid foundation of information with which you can make intelligent choices about your money. In clear and concise language it answers the question, "How can I most safely and effectively grow the money that I've accumulated?" This book offers plain talk about the stock market and mutual funds. It simplifies the considerations of tax, insurance and retirement planning, and helps you evaluate the best choices for your unique financial situation. It also addresses the crucial issue of choosing financial advisors to assist you in securing your financial future. If you would like to feel more confident about how your finances are being managed, "Building and Preserving Your Wealth" will become one of your most valued resources.

Editorial Reviews

About the Author

Dr. Podnos achieved Certified Financial PlannerR certification subsequent to earning an MBA degree. His prospering private practice in financial planning plus his own investment endeavors have created a wealth of experience in all aspects of investing for affluent individuals. He created Wealth Care, LLC to provide his clients with a method for building and preserving their own wealth.

Product Details

• Hardcover: 152 pages
• Publisher: Oakhill Press; First Edition edition (January 1, 2010)
• Language: English
• ISBN-10: 1886939675
• ISBN-13: 978-1886939677
• Product Dimensions: 9.3 x 6.4 x 0.7 inches
• Shipping Weight: 12.8 ounces (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #1,922,618 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

8 of 9 people found the following review helpful:

5.0 out of 5 stars Even more than you wanted to know!, December 8, 2004

By 

Roger E. Herman (Greensboro, NC USA) - See all my reviews
(REAL NAME)   

This review is from: Building And Preserving Your Wealth: A Practical Guide To Financial Planning For Affluent Investors (Hardcover)

We've all used the expression "everything you ever wanted to know, but were afraid to ask." This information-packed book goes even further.

The author is an MD who specialized in respiratory medicine. He invested successfully over two decades, learning more and more about how to build and manage wealth. Over time, we might say he converted his hobby into a new profession, earning an MBA and earning the well-respected Certified Financial Planning designation.

Employing what might be described as an effective "bedside manner," Dr. Podnos explains a wide range of investment and tax strategies in terms that make sense even to the uninitiated. And, since the book is directed toward people who already have knowledge (subtitle: A Practical Guide to Financial Planning for Affluent Investors), it could be construed to be even more understandable. I approached this book as having minimal knowledge of financial planning and was able to comprehend and appreciate the teachings.

Readers will gain a clear message that each individual will benefit most from a tailored plan, one that meets specific needs and circumstances. With the complexity of available alternatives, the most wise strategy is to engage a professional financial planner who works for you-rather than earning compensation from the sale of securities, insurance, or other instruments. The author even tells you, in his numerous resource listings (at the end of each chapter) how to find Certified Financial Planners. The book will educate you enough to know what questions to ask...at least to start.

You'll learn about investing, retirement planning, education planning, risk management and asset protection, health and disability planning, life insurance and annuities, charitable planning, estate planning, tax planning, and working with advisors. As you can see, this book is certainly comprehensive. It's a thought-provoking guidebook that has value for investors--and potential investors--at all levels.

6 of 7 people found the following review helpful:

5.0 out of 5 stars Finally...a financial book that dares to tell the truth!, October 13, 2004

By 

Janet Eggen (Scottsdale, AZ USA) - See all my reviews
(REAL NAME)   

This review is from: Building And Preserving Your Wealth: A Practical Guide To Financial Planning For Affluent Investors (Hardcover)

This book was easy to read and extremely informative. It's the first book that I've come across that doesn't tell you "how to get rich" but focuses on how to keep and grow the money that you already have. It's also the first time that I've seen a book explain why you can't trust your financial advisors if they are making their money by selling you financial products. This is Wall Street's dirty little secret! The book covered all the important topics that people with money need to know ....it's a totally comprehensive financial reference guide. It's also very practical, and I've already implemented some of the author's suggestions which I'm sure will help me to sleep better at night. I wish I'd read it years ago!

2 of 3 people found the following review helpful:

5.0 out of 5 stars A primer to familiarize oneself with money matter basics, January 9, 2005

By 

Midwest Book Review (Oregon, WI USA) - See all my reviews

This review is from: Building And Preserving Your Wealth: A Practical Guide To Financial Planning For Affluent Investors (Hardcover)

Building And Preserving Your Wealth: A Practical Guide To Financial Planning For Affluent Investors by certified financial planner Steven Podnos addresses personal finance issues specific to the middle class or well-to-do investor. Chapters address planning for taxes, retirement, education, life insurance, health and disability, and more, as well as how to work well with advisors and asset protections, achieve goals efficiently and much more. Written in plain terms, Building and Preserving Your Wealth spells out the advantages and disadvantages of financial choices available today, and is especially recommended as a primer to familiarize oneself with money matter basics before visiting a professional who charges costly hourly fees for his or her time.