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Title: BEWARE this "sage"
Review: You've got to be kidding! Here's the author's main recommendation: Carry a large mortgage and instead of paying it off, invest money in the stock market because "you can easily make 10% returns a year." If that's true, why did so many people lose their life savings recently in stocks and mutual funds? Of course, this guy is a fund manager, which is why he is trying to convince people to invest. BEWARE this sly salesman!!! Edelman encourages people to invest the money they should be using to pay off the mortgage because "mortgage interest is tax-deductable." True, but that does not mean the IRS refunds ALL of your mortgage interest. It is still costing you money, so why gamble on stocks that might lose money when you know you can be paying off your house and having that security? If you are into the idea of "leveraging" then this book might be for you. But most "ordinary Americans" would be better served looking elsewhere.
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