FINANCIAL SELF-DEFENSE by John L. Springer

FINANCIAL SELF-DEFENSE

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KIRKUS REVIEW

A preliminary primer for those who are not spending all they are getting is designed as a protection against the inflationary spiral: at the current rate of acceleration, a glass of milk will cost you 75 cents in thirty years. Since earnings keep pace but investments (certainly not what you have in the savings bank) do not, Mr. Springer indicates the general areas where your money should reside (real estate is one of the best hedges; so are fine arts). This also outlines ways in which you can minimize tax burdens; discusses credit (the easier to get, the more it costs); insurance (life, medical, property); frauds and those vulnerable home repairs; investments in the market (common stocks; funds; etc.) and estate planning and giving while living. Benefits and liabilities are carefully indicated throughout and this is sound and commonsensical (although by no means innovational) advice for the family man of simpler circumstances.

Pub Date: Aug. 1st, 1969
Publisher: McGraw-Hill