The Money Compass: Where Your Money Went and How to Get It Back

Preface

This book was written for those who know someone who has lost a great deal of their net worth during the Great Recession. It is written for those who know someone who has been disenfranchised by their government, educational system, or banking institutions. These organizations are on a path to separate Americans into two financial groups: the haves and the have nots.

Each chapter in the book makes suggestions as to how to fight back against the trend of separation by increasing your financial net worth. Some of the suggestions are small steps that anyone can take and others require more financial resources in order to implement. These steps are for the individual. They are not recommendations for passing new laws, special interest groups, or political parties.

The book is oriented toward all financial groups. It makes suggestions as to how to get back at the credit card companies that charge exorbitant rates and fees. It shows you how to use the current tax code to your advantage and not as a wealth destroyer. It identifies the worst piece of advice given to the small investor and the person who preaches it. It tells the story of the single biggest economic event of this century and how it helped cause the Great Recession. It forecasts the next big economic shock and how to profit from it. It identifies what you have lost in future potential because of a dysfunctional educational system and how to deal with that loss. The authors describe specific stock choices that will ...