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The Ten Truths of Wealth Creation
John E. Girouard

John E. Girouard, 2007 - 192 pages

average customer review:based on 4 reviews
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The Ten Truths of Wealth Creation

As a retired person, I am concerned about making our nest egg last both our lifetimes. The Ten Truths Of Wealth Creation is beautifully written and has chapter after chapter of easy to understand financial and quality of life information. Chapters covering the risks of Index funds, your own personal bank, real estate and making sense of insurance, particularly hit home with me. This book is excellent for those just starting out in life and also for retired persons like me. I wish I had a text like this before I retired; it would have saved me a lot of money and emotional turmoil. I have already started taking Mr. Girourd's advice. I highly recommend the book.



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Girouard "Nailed it"

Girouard "nailed it" All financial progress starts with each of us taking ownership of our dreams ( Life Goals). Keep an open mind...what you read will not be what your stockbroker or insurance agent told you! Regardless of your net worth you can learn and with action, benefit from The Ten Truths of Wealth Creation









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Wow!

This book is an eye opening experience. Every person planning for retirement should read this book. Girouard's lessons are easy to read and he makes complicated concepts simple to understand. His ideas are not what I have learned in school, instead, they are much more "real world" friendly. Thanks, for writing this book!


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Indispensable Tool

John Girouard has created an indispensable tool for consumers to both learn the truths of wealth creation and also provide a roadmap for financial success and prosperity. The Ten Truths of Wealth Creation should be required reading for all Financial Planners before they are allowed to practice.



Investment pioneer John E. Girouard exposes how the investment industry (Wall Street, mutual fund companies, banks with CDs, online trading houses, and so on) offer investors hope, but not much more. Misleading statistics and hidden conflicts of interest are common and help rob people of opportunities to create wealth and achieve financial independence, however one defines it. The solution, he shows, is to always invest in things you own, including old-fashioned participating whole life insurance. Girouard mathematically and entertainingly explodes a series of myths, proving, for example, that it can cost more to pay cash for a car than to finance it and invest the money elsewhere. He shows how people can become their own banks, pay themselves interest, earn untaxed income, stop paying taxes on income that's already been taxed before, all without taking excessive risks. The Ten Truths are the basic rules Girouard has learned over a quarter-century showing thousands of clients how investment industry hype and practices rob people of their money goals, and how financial peace of mind can be achieved with less confusion and worry. Wealth Creation Truth No. 10: Minimize future decisions. Girouard challenges us to rethink our relationship with money, and to remember that wealth should serve life, not the other way around.


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