{"product_id":"enough-bull-9781118994177","title":"Enough Bull","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eStop risking everything to make your investment advisor rich\u003c\/b\u003e  \u003cp\u003eThe stock market crash of 2008 proved one thing: traditional retirement planning advice simply doesn''t work. The risks are too enormous. Trusting the stock market is like gambling with your family''s future. But how do you plan for retirement without risking everything? \u003ci\u003eEnough Bull\u003c\/i\u003e shows you how, with an easy-to-understand, simple-to-apply strategy for a better retirement.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEnough Bull\u003c\/i\u003e overturns the conventional wisdom about retirement planning, and offers the simple secrets to securing a comfortable retirement. In an accessible and straightforward style, this practical guide explains how it''s possible to save for retirement starting later in life, retire comfortably on less money, and incur less risk. Updated to apply to both the U.S. and Canada, this new second edition offers a message of hope for average, cash-strapped baby boomers by detailing a step-by-step plan for avoiding all the traps\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eAbout the Author xiii \u003c\/p\u003e\u003cp\u003eAcknowledgements xv\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003eThe Fall of 2008 1\u003c\/p\u003e \u003cp\u003eAngry yet? 3\u003c\/p\u003e \u003cp\u003eWhy I Wrote this Book 3\u003c\/p\u003e \u003cp\u003eYour Retirement Journey 4\u003c\/p\u003e \u003cp\u003eDown the River 5\u003c\/p\u003e \u003cp\u003eUh-Oh, it’s the Niagara River 5\u003c\/p\u003e \u003cp\u003eRetirement Journey: Plan B 7\u003c\/p\u003e \u003cp\u003eHere’s What They Don’t Want You to Know 7\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART ONE: THE ANTIDOTE - A SIX POINT PLAN FOR FINANCIAL FREEDOM 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1—Avoid Personal Financial Disasters 13\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Ponzi Scheme 14\u003c\/p\u003e \u003cp\u003eBernie Madoff 16\u003c\/p\u003e \u003cp\u003eOur Very Own Canadian Fraud 18\u003c\/p\u003e \u003cp\u003eWhat Did the “Average” Victim Look Like? 19\u003c\/p\u003e \u003cp\u003eHow Did Investors Become Involved in Eron? 20\u003c\/p\u003e \u003cp\u003eWhat Steps Did They Take Before Investing? 20\u003c\/p\u003e \u003cp\u003eWhy Did They Invest? 21\u003c\/p\u003e \u003cp\u003eWhere Did They Get the Money? 21\u003c\/p\u003e \u003cp\u003eThe Lessons of Eron 21\u003c\/p\u003e \u003cp\u003eExtraordinary Popular Delusions 22\u003c\/p\u003e \u003cp\u003eOther Potential Disasters 23\u003c\/p\u003e \u003cp\u003eCredit Card Disease 23\u003c\/p\u003e \u003cp\u003eTaking Out a Mortgage on Your Home to Invest 24\u003c\/p\u003e \u003cp\u003eThe Latest Stock Chase 24\u003c\/p\u003e \u003cp\u003eTrusting Your “Friends” 24\u003c\/p\u003e \u003cp\u003eMortgage Fraud 24\u003c\/p\u003e \u003cp\u003eHow to Prevent Personal Financial Disasters 24\u003c\/p\u003e \u003cp\u003eConclusion 25\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2—You Don’t Need the Stock Market or Mutual Funds 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Worldwide Economic Meltdown 27\u003c\/p\u003e \u003cp\u003eThe United States 29\u003c\/p\u003e \u003cp\u003eThe Recovery 31\u003c\/p\u003e \u003cp\u003eWhat Caused the Meltdown 32\u003c\/p\u003e \u003cp\u003eThe Vicious Spiral 34\u003c\/p\u003e \u003cp\u003eWho Wants to be Rich? 35\u003c\/p\u003e \u003cp\u003eWhy You Don’t Need Stocks 36\u003c\/p\u003e \u003cp\u003eWhy You Don’t Need Mutual Funds - Risk 37\u003c\/p\u003e \u003cp\u003eMutual Fund Risks 38\u003c\/p\u003e \u003cp\u003eThose Darn Mutual Fund Fees! 43\u003c\/p\u003e \u003cp\u003e1. Fees and Expenses Payable Directly by You 43\u003c\/p\u003e \u003cp\u003e2. Fees and Expenses Payable by the Fund or Portfolio 45\u003c\/p\u003e \u003cp\u003eWe Won’t Get Fooled Again 49\u003c\/p\u003e \u003cp\u003eThe Canada Deposit Insurance Corporation 50\u003c\/p\u003e \u003cp\u003eThe Advantages of GICs 54\u003c\/p\u003e \u003cp\u003eWhy They Try to Make Even GICs Complicated 55\u003c\/p\u003e \u003cp\u003eHow and Why They Bash GICs 56\u003c\/p\u003e \u003cp\u003eThe Laddered GIC 57\u003c\/p\u003e \u003cp\u003eGetting the Best GIC rates 60\u003c\/p\u003e \u003cp\u003eConsider a Deposit Broker 61\u003c\/p\u003e \u003cp\u003eWho Regulates Deposit Brokers? 63\u003c\/p\u003e \u003cp\u003eFiscal Agents 64\u003c\/p\u003e \u003cp\u003eGIC Rates of the Future 68\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3—Buy a Home and Pay off the Mortgage 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGains in Value are Tax-Free 70\u003c\/p\u003e \u003cp\u003eSource of Cash 70\u003c\/p\u003e \u003cp\u003eSource of Retirement Funds 70\u003c\/p\u003e \u003cp\u003eShould I Buy a House? 71\u003c\/p\u003e \u003cp\u003eCan I Afford a House? 72\u003c\/p\u003e \u003cp\u003eGross Debt Service Ratio (GDS) 72\u003c\/p\u003e \u003cp\u003eTotal Debt Service Ratio (TDS) 72\u003c\/p\u003e \u003cp\u003eJust How Much House Can You Afford? 72\u003c\/p\u003e \u003cp\u003eSaving For the Down Payment 73\u003c\/p\u003e \u003cp\u003eBuying With Less Than 20% Down 74\u003c\/p\u003e \u003cp\u003eWARNING: Mortgage Companies Love Selling Mortgage Life Insurance! 74\u003c\/p\u003e \u003cp\u003ePre-Approved Mortgages 76\u003c\/p\u003e \u003cp\u003eWhat if I don’t qualify? 77\u003c\/p\u003e \u003cp\u003eYour Credit Report 77\u003c\/p\u003e \u003cp\u003eWhat is in a Credit Report 78\u003c\/p\u003e \u003cp\u003eHow to Get a Free Copy of Your Credit Report 79\u003c\/p\u003e \u003cp\u003eGetting Your Credit Report Online 79\u003c\/p\u003e \u003cp\u003eWhat is a FICO Credit Score? 80\u003c\/p\u003e \u003cp\u003eWhat Affects Your Credit Score? 80\u003c\/p\u003e \u003cp\u003eAn Important Warning: 80\u003c\/p\u003e \u003cp\u003eHow to Improve Your Credit Score 81\u003c\/p\u003e \u003cp\u003eYour Home as an Investment 82\u003c\/p\u003e \u003cp\u003e“The Best Investment I Ever Made” 84\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4—Reducing Expenses Doesn’t Have to Be Painful 85\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReducing the Interest You Pay 85\u003c\/p\u003e \u003cp\u003eThe Spending Years 86\u003c\/p\u003e \u003cp\u003eReducing the Amount of the Debt 86\u003c\/p\u003e \u003cp\u003eReducing the Interest Rate on the Debt 88\u003c\/p\u003e \u003cp\u003eDebt and the Economy 90\u003c\/p\u003e \u003cp\u003eReducing Taxes 91\u003c\/p\u003e \u003cp\u003eHow to Calculate Your Tax Bill 91\u003c\/p\u003e \u003cp\u003eHappy New Year – Here’s Your Reduced Paycheck 92\u003c\/p\u003e \u003cp\u003eMarginal Tax Rates 94\u003c\/p\u003e \u003cp\u003ePension Income Splitting 96\u003c\/p\u003e \u003cp\u003eWhat You Can’t Split 97\u003c\/p\u003e \u003cp\u003eHow to Split Pension Income 98\u003c\/p\u003e \u003cp\u003eBenefits of Splitting Pension Income 99\u003c\/p\u003e \u003cp\u003eHow Much Pension Income to Transfer 100\u003c\/p\u003e \u003cp\u003eHow to Claim the Pension Income Amount 101\u003c\/p\u003e \u003cp\u003eSpousal RRSPs: Still a Useful Tool 101\u003c\/p\u003e \u003cp\u003eSelf-Employment – King of the Income Splitters 103\u003c\/p\u003e \u003cp\u003eBut I Don’t Know Anything About Being Self-Employed 106\u003c\/p\u003e \u003cp\u003eSelf-Employment Does Not Have to Be Complicated 106\u003c\/p\u003e \u003cp\u003eConclusion 107\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5—Forget RRSPs Until Your Debt is Paid Off (The Opportunity Zone) 109\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePretend the Stock Market Does Not Exist 109\u003c\/p\u003e \u003cp\u003eThe RRSP Fallacy 110\u003c\/p\u003e \u003cp\u003eCompound This 113\u003c\/p\u003e \u003cp\u003eThe Tax Turbo-Charged RRSP 113\u003c\/p\u003e \u003cp\u003eA Word about Your RRSP Limit 113\u003c\/p\u003e \u003cp\u003eDo You Trust the Stock Market? 114\u003c\/p\u003e \u003cp\u003eThose Ugly Fees 115\u003c\/p\u003e \u003cp\u003eDon’t Put All Your Eggs in One Basket 115\u003c\/p\u003e \u003cp\u003eConclusion 116\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6—You May Not Need an Investment Advisor 117\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMy Story 118\u003c\/p\u003e \u003cp\u003eWhat I Did Next 120\u003c\/p\u003e \u003cp\u003eWhat to Look for in an Investment Advisor 121\u003c\/p\u003e \u003cp\u003eFor Those Who Have a Lousy Advisor 121\u003c\/p\u003e \u003cp\u003eNo Advisor is Better than a Bad One 122\u003c\/p\u003e \u003cp\u003eHenry’s Story 122\u003c\/p\u003e \u003cp\u003eConclusion 127\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART TWO: THE DETAILS 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7—The Canada Pension Plan 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat is the Canada Pension Plan? 131\u003c\/p\u003e \u003cp\u003eHow they Calculate CPP premiums 132\u003c\/p\u003e \u003cp\u003eHow they Calculate the CPP Pension 132\u003c\/p\u003e \u003cp\u003eHow the CPP adjusts for Inflation: The YMPE 132\u003c\/p\u003e \u003cp\u003eCPP Pension 133\u003c\/p\u003e \u003cp\u003eThe New CPP Rules 134\u003c\/p\u003e \u003cp\u003eEarly election penalty 134\u003c\/p\u003e \u003cp\u003eDeferring election premium 135\u003c\/p\u003e \u003cp\u003eRemoval of work cessation test 135\u003c\/p\u003e \u003cp\u003ePost-Retirement Benefit (PRB) 135\u003c\/p\u003e \u003cp\u003eDrop-out Provision 136\u003c\/p\u003e \u003cp\u003eHow to Apply for your CPP Pension 136\u003c\/p\u003e \u003cp\u003eMy Service Canada Account 138\u003c\/p\u003e \u003cp\u003eHow to Register for My Service Canada Account 138\u003c\/p\u003e \u003cp\u003eHow to Calculate your CPP Retirement Pension 140\u003c\/p\u003e \u003cp\u003eMoney Saving Tip – CPP Pension Sharing 146\u003c\/p\u003e \u003cp\u003eCPP Pension Sharing Example 146\u003c\/p\u003e \u003cp\u003eWhen Should I Elect to Receive CPP? 148\u003c\/p\u003e \u003cp\u003eStep 1 149\u003c\/p\u003e \u003cp\u003eStep 2 149\u003c\/p\u003e \u003cp\u003eStep 3 149\u003c\/p\u003e \u003cp\u003eStep 4 149\u003c\/p\u003e \u003cp\u003eWarnings 149\u003c\/p\u003e \u003cp\u003eCatch #1 150\u003c\/p\u003e \u003cp\u003eCatch #2 150\u003c\/p\u003e \u003cp\u003eCatch #3 151\u003c\/p\u003e \u003cp\u003eConclusion 151\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8—The Money Maximizer 153\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Work Against the Taxman? 153\u003c\/p\u003e \u003cp\u003eThe Value of Time 154\u003c\/p\u003e \u003cp\u003eThe Time Value of Money 155\u003c\/p\u003e \u003cp\u003eThe Money Maximizer Spreadsheet 155\u003c\/p\u003e \u003cp\u003eMeet Pat and Jane 157\u003c\/p\u003e \u003cp\u003ePat and Jane: The Assumptions 161\u003c\/p\u003e \u003cp\u003ePat and Jane: The Results 162\u003c\/p\u003e \u003cp\u003ePat and Jane Try Income Splitting 163\u003c\/p\u003e \u003cp\u003ePutting the RRSP “Start Late” Theory to the Test 164\u003c\/p\u003e \u003cp\u003ePat’s Turbo-Charged RRSP 166\u003c\/p\u003e \u003cp\u003eConclusion 167\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9—Retiring Without the Stock Market 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Devastating Effect of the Crash 170\u003c\/p\u003e \u003cp\u003eAre You Going to Throw Good Money after Bad? 170\u003c\/p\u003e \u003cp\u003eYou Can Still Retire Well 171\u003c\/p\u003e \u003cp\u003e1. CPP Pension Splitting 173\u003c\/p\u003e \u003cp\u003e2. Electing CPP early 173\u003c\/p\u003e \u003cp\u003e3. RRSP\/RRIF Income Splitting 173\u003c\/p\u003e \u003cp\u003e4. Extending Your Retirement Date 173\u003c\/p\u003e \u003cp\u003eOther Ideas 174\u003c\/p\u003e \u003cp\u003eConclusion 174\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10—You May Not Need an RRSP 175\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Common Misconception 175\u003c\/p\u003e \u003cp\u003eAlternatives to RRSPs 175\u003c\/p\u003e \u003cp\u003eInvesting Outside Versus Inside an RRSP 176\u003c\/p\u003e \u003cp\u003eInvesting in Real Estate 179\u003c\/p\u003e \u003cp\u003eInvesting in Your Own Business 180\u003c\/p\u003e \u003cp\u003eInvest in a Tax Free Savings Account 180\u003c\/p\u003e \u003cp\u003eThe TFSA as an Income Splitter 182\u003c\/p\u003e \u003cp\u003eOpportunity for Retirees 182\u003c\/p\u003e \u003cp\u003eDoes Anyone Have $5,500 Outside a Registered Account? 183\u003c\/p\u003e \u003cp\u003eWhy the TFSA is Better than an RRSP for Home Buyers 183\u003c\/p\u003e \u003cp\u003eThe RRSP Home Buyers’ Plan 184\u003c\/p\u003e \u003cp\u003eKeeping Profits in a Corporation 185\u003c\/p\u003e \u003cp\u003eConclusion 185\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11—The Antidote Summary 187\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1. Avoid Personal Financial Disasters 187\u003c\/p\u003e \u003cp\u003e2. You Don’t Need the Stock Market or Mutual Funds 187\u003c\/p\u003e \u003cp\u003e3. Buy a Home and Pay Off the Mortgage 188\u003c\/p\u003e \u003cp\u003e4. Reducing Expenses Doesn’t have to be Painful 188\u003c\/p\u003e \u003cp\u003e5. Forget RRSPs Until Your Debt is Paid Off (the Opportunity Zone) 188\u003c\/p\u003e \u003cp\u003e6. Ask Yourself if You Really Need an Investment Advisor 188\u003c\/p\u003e \u003cp\u003eIndex 189\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49406963515735,"sku":"9781118994177","price":17.84,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781118994177.jpg?v=1730497712","url":"https:\/\/bookcurl.com\/products\/enough-bull-9781118994177","provider":"Book Curl","version":"1.0","type":"link"}