Learning to Avoid Unintended Consequences [Paperback]

Leonard Renier (Author)

Book Description

Publication Date: October 29, 2003

If something you thought to be true, wasn't true, when would you want to know about it? In your financial world, that defining moment occurs by understanding the Efficiency of Money. Learning to avoid the unintended consequences of transferring your wealth to others unknowingly and unnecessarily, should be everyone's goal. This book will show you how to recognize and overcome these transfers. It will identify those who create the transfers and how they do it. They are destroying our personal wealth by creating situations, controlling the outcomes, and profiting from it. Truth and knowledge will reduce or eliminate these transfers.

Editorial Reviews

About the Author

Leonard Renier has 30 years of experience as a business owner. He founded Wealth & Wisdom Planning and Wealth & Wisdom Seminars. He is an accomplished speaker, both entertaining and knowledgeable. A member of the Advisory Committee for the Department of Finance at Wayne State University School of Business, he also lectures for the Department of Finance. He served as president of various civic organizations and foundations. He authors weekly newspaper articles and his Lessons of Efficiency are being printed for publication. He has served on Finance committees for major corporations, and is the President of Renier & Associates. He is an award winning member of GAMA, General Agents and Management Association, and has trained financial professionals across the country. --This text refers to the Hardcover edition.

Product Details

• Paperback: 176 pages
• Publisher: Infinity Publishing (October 29, 2003)
• ISBN-10: 0741417340
• ISBN-13: 978-0741417343
• Product Dimensions: 8.3 x 5.4 x 0.6 inches
• Shipping Weight: 11.2 ounces (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars  See all reviews (10 customer reviews)
• Amazon Best Sellers Rank: #207,537 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

10 of 10 people found the following review helpful:

5.0 out of 5 stars Great starting point in the quest for knowledge regarding wealth..., October 29, 2007

By 

Amp "Knowledge Seeker" (North Carolina, USA) - See all my reviews

This review is from: Learning to Avoid Unintended Consequences (Paperback)

I am not the type of person that likes to leave reviews, although I usually use them to help me decide on a book, but I had to leave one about Mr. Renier's book. If you are looking to educate yourself about creating wealth for yourself, then this is the book for you. Leonard does a pretty compelling job of taking what "WE" have come to believe is truth or fact and totally give us a new way of seeing those truths or facts. I wish I would have known about some of these principles before I bought my 1st home. This book has challenged me to ask myself some questions that I should have asked myself a while ago such as:

* In my tax deferred retirement plan, what tax rate will I be taxed at when I retire? Will it be higher than what I am being taxed at now? If so, what will that do to my balance and overall ability to retire?

* Is there a better way to prepare for retirement?

* With these "so-called" tax savings that I supposedly see every year that I visit my accountant, where are these actually savings dollars going? Can I reinvest or reallocate these funds so that "MY" tax savings can actually work for me?

* Hmmm why was I taught that paying off your mortgage sooner than later is the best route to take in life? If I do that what happens to the tax benefits from paying on the interest of the mortgage?

* Speaking of my mortgage, if my house is an investment, and my investment has grown in the form of equity, then why am I not seeing a return on that growth?

* Why didn't my bank, accountant, broker, or mortgage company tell me that it is really possible to create my own bank using the equity in my home?

Those are just some of the questions that I had to ask myself from reading this book. If you are really looking for the knowledge on how to create wealth, and you are really committed to making the necessary changes to create, and keep the wealth then this book is a great place to start. I know for me, it has caused me to ask questions, and with asking questions comes the realization that there is much more for me to learn that mommy, daddy, and school didn't teach me.

7 of 7 people found the following review helpful:

5.0 out of 5 stars Amazing!, May 6, 2004

By 

"bearfriend" (Birmingham, Alabama) - See all my reviews

This review is from: Learning to Avoid Unintended Consequences (Paperback)

I have been asking the question for years, "if financial planning is working in Amewrica, then why are so many people broke?" Your book answers that question quite clearly. It also explains why things will only get worse if changes are not make in the planning process. I am giving this book to all of my clients and prospective clients and I have had nothing but very positive feedback from all who have read it. Americans need good sound financial advice and you have done just that in your book!

3 of 3 people found the following review helpful:

4.0 out of 5 stars Take control of your money, April 8, 2010

By 

Scott Walker (Fort Atkinson, Wisconsin) - See all my reviews
(REAL NAME)   

This review is from: Learning to Avoid Unintended Consequences (Paperback)

Take control of your money. Reneir tells us "this book is intended to help you understand The Thought Process, identify The Transfers, and recognize The Creators of the Transfers". And, "the concepts that will be discussed are simple yet effective methods of reducing and/or eliminating financial transfers of your wealth.....". He also says "the goal of this book is to create a defining moment in the way you think about money".

Even though a good deal of the information found here is repeated from his previous book, "Sudden Impact", this easy to read book is still highly recommended. There is an enormous amount of misinformation out there. Reneir will help us weed through the confusion: between myth and reality, and opinion and fact; he will change the way you think about money, and help you know how to use your money to avoid unnecessary transfers of your wealth. He shows tremendous vision, but did he expect what is happening today; and with more and more tax burdens put upon us, is it even possible to accomplish these things in a false economy, manipulated by the banks, the federal reserve, government and personal debt, government intrusion, and stifling taxes.

You will learn to leverage your money and make it work for you, and recognize the ten major things that transfer our wealth. It is still wise to seek a good, no-fee advisor. We have surely made life much too complicated, haven't we?

God bless
Scott