How to Give Your Kids $1 Million Each! (and It Won't Cost You a Cent) (Google eBook)

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John Wiley & Sons, Jan 11, 2011 - Business & Economics - 240 pages
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IT DOESN'T MATTER HOW MUCH YOU EARN OR HOW MUCH MONEY YOU HAVE—THERE IS A SIMPLE WAY FOR YOU TO GIVE YOUR KIDS $1 MILLION EACH—AND IT WON'T COST YOU A CENT!

Based on the original bestseller and now fully updated, this simple plan is building wealth for thousands of families all over Australia. Follow this step-by-step guide to help you and your kids generate wealth and financial security. How to Give Your Kids $1 Million Each! Is a simple plan that just about anyone can follow. But you can give your children something even more valuable than $1 million—you can also provide them with the knowledge and skills to be able to manage their money and make it grow.

Packed with useful tips, How to Give Your Kids $1 Million Each! doesn't involve any tricks, complex products, get-rich quick schemes or trading systems; just simple, actionable steps for you and your family. Using low-cost, tax-effective share and property investments—that you control—let compounding work its magic. And you only need to spend one hour per month on the plan.

You can start the plan with as little as $1 per day and give your children a financial head start in life. So what are you waiting for—the earlier you start, the better!

  

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Contents

On your marks
1
Giving your kids 1 million each
13
Get ready
29
Finding 1 per
37
Get
43
Getting started
73
Investment basics
89
Company shares
151
How the fund grows over time
177
Handing the plan over to the kids
195
6
205
8
208
Where to find out more
219
Glossary of terms
225
vii ix xi 31 45 83 117 163 177 195 219 225
229
Copyright

Property investments
163

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About the author (2011)

Ashley Ormond has been in the fi nance game for 25 years, including several senior executive roles in major international banking and fi nance groups. He has been a director of several companies including listed, private, charitable and not-forprofit organisations. He has degrees in economic history, law and finance, has lectured on capital markets for the Securities Institute of Australia (now FINSIA), for CFA Institute courses, and is a CFA charter-holder. He has written three books on fi nance and investing, and is a regular media commentator and conference speaker on fi nancial topics.

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