Yes You Can Achieve Financial Independence - Hardcover

Jack Jonathan lives by the wisdom "A healthy mind in a healthy body." He is co-author of Yes, You Can . . . Find More Meaning in Your Life and author of Yes, You Can . . .Raise Financially Aware Kids. As President of Stowers Innovations, Inc., Jack applies his extensive knowledge of publishing and product development.

James E. Stowers is founder and Chairman of the Board of American Century Investments. In addition to be considered one of the country's top money managers he is also one of the wealthiest men in America. He and his wife, Virginia, live in Kansas City, Missouri. They have already endowed more than $1.6 billion to the creation of the Stowers Institute for Medical Research-one of the most innovative biomedical research organizations in the world.

Written by the founder of the $25 billion Twentieth Century Mutual Fund family, this basic personal finance guide has the praiseworthy quality of simplicity. Stowers concentrates on concepts (the shrinking dollar, the power of compounding interest, and the hidden risks of conservative investments) rather than techniques (e.g., how to pick stocks, how to construct a budget). Numerous cartoons, charts, and tales of personal experience add life to the dry subject matter. Though Stowers's opinions about the superiority of earnings over dividends, the folly of market timing, and the small investor's need for actively managed stock mutual funds are debatable, the book is not merely an advertisement for Stowers's fund. It is odd, given the title, that almost no space is devoted to increasing one's earning power. Nothing is new or revolutionary here, but the attractive presentation of basic concepts makes this suitable for public libraries.
Robert Kruthoffer, Lane P.L., Hamilton, Ohio
Copyright 1994 Reed Business Information, Inc.