The Value of Debt: ANDERSON: THE VALUE OF DEBT

**A __New York Times__ bestseller and one of the Ten Best Business Books of 2013 by __WealthManagement.com__, this book brings a new vision of the value of debt in the management of individual and family wealth**In this groundbreaking book, author Tom Anderson argues that, despite the reflex aversion most people have to debt—an aversion that is vociferously preached by most personal finance authors—wealthy individuals and families, as well as their financial advisors, have everything to gain and nothing to lose by learning to think holistically about debt. Anderson explains why, if strategically deployed, debt can be of enormous long-term benefit in the management of individual and family wealth. More importantly, he schools you in time-tested strategies for using debt to steadily build wealth, to generate tax-efficient retirement income, to provide a reliable source of funds in times of crisis and financial setback, and more. * Takes a "strategic debt" approach to personal wealth management, emphasizing the need to appreciate the value of "indebted strengths" and for acquiring the tools needed to take advantage of those strengths * Addresses how to determine your optimal debt ratio, or your debt "sweet spot" * A companion website contains a proprietary tool for calculating your own optimal debt ratio, which enables you to develop a personal wealth balance sheet Offering a bold new vision of debt as a strategic asset in the management of individual and family wealth, __The Value of Debt__ is an important resource for financial advisors, wealthy families, family offices, and professional investors. Content: Chapter 1 Strategic Debt Philosophy: An Overview (pages 1–19): Chapter 2 The Basic Idea: Limiting the Costs, the Impacts, and the Duration of Financial Distress (pages 21–31): Chapter 3 Strategic Debt Practices: An Overview (pages 33–52): Chapter 4 The Value of an Assets‐Based Loan Facility (ABLF) (pages 53–74): Chapter 5 Long‐Term Wealth Amplifi cation through Capturing the Spread (pages 75–98): Chapter 6 Holistic Financing of the Expensive Things You Need and Want (pages 99–121): Chapter 7 Generating Tax‐Efficient Income in Retirement or Divorce (pages 123–147): Chapter 8 Conclusion: What This Book Is Really About (pages 149–168): A New York Times bestseller and one of the Ten Best Business Books of 2013 by WealthManagement.com , this book brings a new vision of the value of debt in the management of individual and family wealth In this groundbreaking book, author Tom Anderson argues that, despite the reflex aversion most people have to debt—an aversion that is vociferously preached by most personal finance authors—wealthy individuals and families, as well as their financial advisors, have everything to gain and nothing to lose by learning to think holistically about debt. Anderson explains why, if strategically deployed, debt can be of enormous long-term benefit in the management of individual and family wealth. More importantly, he schools you in time-tested strategies for using debt to steadily build wealth, to generate tax-efficient retirement income, to provide a reliable source of funds in times of crisis and financial setback, and more. Takes a "strategic debt" approach to personal wealth management, emphasizing the need to appreciate the value of "indebted strengths" and for acquiring the tools needed to take advantage of those strengths Addresses how to determine your optimal debt ratio, or your debt "sweet spot" A companion website contains a proprietary tool for calculating your own optimal debt ratio, which enables you to develop a personal wealth balance sheet Offering a bold new vision of debt as a strategic asset in the management of individual and family wealth, The Value of Debt is an important resource for financial advisors, wealthy families, family offices, and professional investors. Content: Chapter 1 Strategic Debt Philosophy: An Overview (pages 1–19): Chapter 2 The Basic Idea: Limiting the Costs, the Impacts, and the Duration of Financial Distress (pages 21–31): Chapter 3 Strategic Debt Practices: An Overview (pages 33–52): Chapter 4 The Value of an Assets‐Based Loan Facility (ABLF) (pages 53–74): Chapter 5 Long‐Term Wealth Amplifi cation through Capturing the Spread (pages 75–98): Chapter 6 Holistic Financing of the Expensive Things You Need and Want (pages 99–121): Chapter 7 Generating Tax‐Efficient Income in Retirement or Divorce (pages 123–147): Chapter 8 Conclusion: What This Book Is Really About (pages 149–168):

A New York Times bestseller and one of the Ten Best Business Books of 2013 by WealthManagement.com, this book brings anew vision of the value of debt in the management of individual and family wealth

In this groundbreaking book, author Tom Anderson argues that, despite the reflex aversion most people have to debt—an aversion that is vociferously preached by most personal finance authors—wealthy individuals and families, as well as their financial advisors, have everything to gain and nothing to lose by learning to think holistically about debt.

Anderson explains why, if strategically deployed, debt can be of enormous long-term benefit in the management of individual and family wealth. More importantly, he schools you in time-tested strategies for using debt to steadily build wealth, to generate tax-efficient retirement income, to provide a reliable source of funds in times of crisis and financial setback, and more.

• Takes a "strategic debt" approach to personal wealth management, emphasizing the need to appreciate the value of "indebted strengths" and for acquiring the tools needed to take advantage of those strengths
• Addresses how to determine your optimal debt ratio, or your debt "sweet spot"
• A companion website contains a proprietary tool for calculating your own optimal debt ratio, which enables you to develop a personal wealth balance sheet

Offering a bold new vision of debt as a strategic asset in the management of individual and family wealth, The Value of Debt is an important resource for financial advisors, wealthy families, family offices, and professional investors.

"This book strives to develop a new vision of the value of debt in the management of individual and family wealth. Virtually every company examines both sides of its balance sheet--assets and debts--and consciously strives to achieve an optimal debt ratio. In contrast, the vast majority of individuals, wealthy or not, are either dramatically over leveraged (too much debt) or, conversely, believe that debt is always bad and should be paid off as soon as humanly possible. There are reasons, however, why practically all companies acknowledge the value of debt and seek to have an optimal debt ratio in place. As it turns out, many wealthy individuals and families--from the moderately affluent to the ultra-affluent--can also make use of similar strategies, leading to substantial long-term economic advantage. The strategic use of debt can enable individuals to become progressively wealthier by "capturing the spread" between the cost of debt and the return on investment that potentially can be generated. The use of debt can also help generate tax-free income in retirement and provide instantly available funds needed to respond to natural disasters, health crises, or personal financial difficulties. The book frames the discussion around what is an optimal debt ratio, as well as the costs, benefits and risks of implementing the strategies"-- Provided by publisher