Understanding A Bridge Loan
One of my favorite things about my life is that I get to associate with amazing people across a wide variety of industries. One of my amazing clients for the past 7 years is Stephen Gardner. He has written a few books over the last couple years (some of which got the status of “best selling”). His latest book is titled “A Bridge Over Troubled Wall Street”. (http://www.amazon.com/Bridge-Over-Troubled-Wall-Street/dp/1512082732/ref=sr_1_1)
It is an informative and quick read that covers the concept of bridge loans. He covers the concept of a bridge loan as an investment very thoroughly and he highlights some other important things about some traditional avenues that most are unfamiliar with. (i.e. Like the hidden fees you pay in mutual funds that are killing your wealth accumulation.)
Many of my clients never ask, but those that do get my straight shooting opinion, that I am not a fan of traditional retirement accounts. I think it is THE best marketing job done by anyone, anywhere, at any point of history, for any reason. (Notice I didn’t say one of the best. Convincing my wife to marry me is darn close, but the “security and benefit” of these accounts that is sold to the American public is outstanding.)
A bridge loan is another option you may not be aware of. That being said, I am a huge proponent that if you invest your money, you need to know what your money is doing, the fees associated with the investment, and understand the investment well enough to explain it in a casual conversation. (Hence another reason I don’t like 401ks, IRAs, etc.)
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I found the information valuable. So I would like to give you the book as a gift. (If you are interested. It’s ok if you are not.) You can get the book in one of two ways. Either let us know you are coming by the office to pick up a copy or click on this link and we will mail it out to you.
Either way is fine. We will have copies of the book on hand and would love to see you in our office again or we are happy to cover the shipping as we know how busy you are.
I would love to hear from you in the comment section if you like or hate things like this. And if you read the book, what thoughts you had.