You Can Never Be Too Rich: Essential Investing Advice You Cannot Afford to Overlook [Hardcover]

Alan Haft (Author)

Book Description

Publication Date: November 9, 2007

Solid financial guidance for anyone looking to build and protect their wealth

Every day, nationally recognized financial advisor Alan Haft helps his clients reach their financial goals and increase their standard of living. Now, in You Can Never Be Too Rich, Haft uses his vast knowledge base, highly innovative investment concepts, and entertaining style of writing to create proven investment solutions that will help readers minimize risk and take advantage of opportunities that lead to financial security for a lifetime. With this essential guide, Haft walks readers through the process of building and protecting wealth-and reveals the financial secrets that most investment professionals aren't aware of. You Can Never Be Too Rich clearly focuses on how people-whether they're just starting to work or are well on their way to retirement-can build a sizeable nest egg without getting caught up in market swings, taxes, or poor investment decisions. In this book, Haft doesn't rely on gimmicks or get-rich-quick schemes to help readers reach their goals; he simply offers proven and easy-to-understand-yet highly effective-advice that will allow them to make profitable financial decisions based on their specific situations.

Editorial Reviews

From the Inside Flap

Growing up in a family-run investment advisory business and then working with the highly effective financial strategies he discovered within the powerhouse Hollywood studios of Disney, Universal, and Warner Brothers, Alan Haft has been involved in the world of finance for most of his life. Having formed a company with Oscar-nominated actor James Woods; helped take a technology company public; and raised money, planned productions, and obsessed over every last detail to ensure the profitability of various film projects, Haft realized the road to success in Hollywood in many ways mirrors the prudent principles of successful investing.

Today, as a nationally recognized financial advisor, speaker, and columnist, Haft has successfully guided many people—from movie stars with a king's ransom to married couples with a large mortgage—to reach their financial goals and increase their standard of living. Now, in You Can Never Be Too Rich, Haft uses his vast knowledge base, highly innovative investment concepts, and entertaining style of writing to create proven investment solutions that will help you do the same.

In You Can Never Be Too Rich, Haft shares his much sought-after financial advice and reveals how to minimize risk and take advantage of the opportunities that can lead to a lifetime of financial security. With this down-to-earth and highly informative book as your guide, you'll quickly learn how to build and protect wealth and discover investment secrets that many Wall Street brokers and advisors would prefer you didn't know about.

Along the way, you'll also become familiar with:

• An extremely simple investment strategy that is statistically proven to outperform most of Wall Street's top fund managers

• A step-by-step guide that not only helps assist investors with building diversified investment portfolios, but also provides them with the knowledge that gives them the best chances to "buy low and sell high"

• An effortless way to automatically lock in your highest stock market values and later draw income from them for the rest of your life

• How to potentially more than double your income at retirement with a "Private Pension" that you cannot outlive

• How your parent(s) can potentially leave you "a free million dollars" at no cost to you or them

• And much, much more

Filled with the in-depth insights and practical advice of one of today's most experienced financial advisors, You Can Never Be Too Rich clearly focuses on how anybody—whether you're just starting to work or well on your way to retirement—can consistently sustain financial success without getting caught up in market swings, tax traps, or poor investment decisions. With this book, Haft doesn't rely on gimmicks or get-rich-quick schemes to help you reach your goals; he simply offers proven and easy-to-understand strategies that will allow you to make profitable financial decisions based on your specific situation.

From the Back Cover

Praise for You Can Never Be Too Rich

"Great guy, fantastic book. I've known Alan for many years, and I'm a richer man because of it."
—James Woods, two-time Oscar-nominated veteran actor and star of CBS TV's hit primetime drama, Shark

"Honest and practical, witty and unique, You Can Never Be Too Rich offers an abundance of highly valuable information most investors have never heard about."
—Mark Bakshi, President of Production Management Worldwide, Paramount Pictures

"Leaving no stone unturned, You Can Never Be Too Rich not only focuses on timeless concepts of successful investing, but all other elements of financial success you won't want to miss."
—Rodney Liber, Executive Producer of In Good Company, Dunston Checks In, Big Momma's House, Wild Things, and American Dreamz

"Alan's book delivers a grand slam for investors of all ages. I not only highly recommend it, but use the information myself."
—Barry Weinberg, Head Athletic Trainer, St. Louis Cardinals

"Packed with great information told in an easy-to-understand and highly entertaining manner, You Can Never Be Too Rich is one for all ages."
—Jay Conrad Levinson, bestselling author, Guerrilla Marketing series of books

"The concepts described in this book are all strategies Alan has implemented for us over the years, and they have been extremely effective. We're very confident you'll agree."
—Dr. and Mrs. E. Tanguilig, Palm Beach, Florida

"Combining the timeless investment principles of Graham and Buffett with clever wit in an easy-to-understand style, Alan does a fantastic job of making things simple to implement and highly entertaining. This book is a true winner."
—Denis Waitley, author, The Psychology of Winning
www.waitley.com

See all Editorial Reviews

Product Details

• Hardcover: 308 pages
• Publisher: Wiley; 1 edition (November 9, 2007)
• Language: English
• ISBN-10: 0470139781
• ISBN-13: 978-0470139783
• Product Dimensions: 6.3 x 1.3 x 9.3 inches
• Shipping Weight: 1.1 pounds (View shipping rates and policies)
• Average Customer Review: 4.8 out of 5 stars  See all reviews (23 customer reviews)
• Amazon Best Sellers Rank: #1,584,530 in Books (See Top 100 in Books)

More About the Author

Growing up in a family-run investment advisory business and then working with the highly effective financial strategies he discovered within the powerhouse Hollywood studios of Disney, Universal and Warner Brothers, Alan Haft has been involved in the world of finance for most of his life. Having formed a company with Oscar-nominated actor James Woods; helped take a technology company public; and raised money, planned productions and obsessed over every last detail to ensure the profitability of various film projects, Haft realized the road to success in Hollywod in many ways mirrors the prudent principles of succesful investing.

Today, as a nationally recognized financial advisor, speaker and columnist, Haft has successfully guided many people - from movie stars with a king's ransom to married couples with a large mortgage - to reach their financial goals and increase their standard of living.

Haft is the author of "You Can Never Be Too Rich" and his column, "The Haft of It" appears in publications across the country.

Most Helpful Customer Reviews

7 of 7 people found the following review helpful

5.0 out of 5 stars Great Book November 9, 2007

By E. Shanberg

Format:Hardcover

This book is written for the rookie investor just getting started as well as someone trying to plan for retirement or already retired. The insight into the stock brokerage business is both alarming and helpful. Now you know why brokers push certain funds! A really good read. Highly recommend.

5 of 5 people found the following review helpful

5.0 out of 5 stars Not for the get-rich-quick crowd November 10, 2007

By JohnW

Format:Hardcover

Dismayed by Wall Street? Looking to learn all the things your broker has never told you, or, better put: doesn't know about? His insights and vision of the entire financial picture are all well executed and integrated into a book that is packed with punch. The only thing I don't exactly agree with in the book are his views on diversification: too much diversification lowers one's overall returns, and he does address this, countering this by his explanation of "flavors of the day," which to him, represents the only part of a portfolio that is somewhat actively traded. I'm not too sure about the total "buy and hold" approach - in these days of highly troubled stock markets, I doubt many could bear watching their accounts go down in value, and many I'm sure will want to sell out and not hold "their children" for the long haul. That said, his "systematic" approach to investing offers the reader a simple STRUCTURE and PROCESS which is far better than most shoddy financial advisors that probably couldn't tell you anything about their system of investing, which is why, when push comes to shove, I give this book a top rating - while I dont exactly agree with all his views on investing, Mr. haft does offer something that most financial advisors couldn't: have a firm grasp on his subject matter, stick with a solid approach and doesnt deviate from it. Furthermore, I have to say, the chapters on Life Insurance, Structured CD's (referred to as growth CDs) and Annuities has opened my eyes into investment products that I never thought of integrating into my portfolio, but now after reading this book, I am absolutely convinced I should consider. Be sure to read the section about what he calls The Private Pension: his introduction to the subject (where he compares it to a Peanut Butter and Jelly Sandwich) is a true gem, and the strategy is something everyone should understand for their retirement goals. Really, a valiant effort and something I'm sure everyone can get a lot of benefit from.

5 of 5 people found the following review helpful

5.0 out of 5 stars Well Done! November 9, 2007

By MFrost

Format:Hardcover

EXCELLENT BOOK! A quick read, easy to understand, a ton of really good information and actually quite entertaining.