New Book `The 3 Secret Pillars of Wealth` is the book your stockbroker hopes you don`t read

Released on: December 8, 2007, 9:21 am

Press Release Author: James Burns, Esq./White Diamond Press

Industry: Financial

Press Release Summary: New book by tax attorney James Burns reveals three age old
strategies to create wealth that three of Forbes self-made billionaires claim is the
best investment advice they ever heard.

Press Release Body: FOR IMMEDIATE RELEASE

EX-COMMANDO DETAILS ACTION PLAN FOR RETIREMENT

(ALISO VIEJO, CA)-James Burns is not your average financial planner. An author,
attorney and ex-Marine recon combat specialist (the Marine's equivalent of the Navy
SEALs), Burns' approach to retirement is more like a military campaign.

Unlike most financial planners who overly commit to the stock market, Burns'
financial and military training and experience have made him wary of deploying all
of one's assets to achieve an objective. Instead, he suggests a three-pronged
approach to help assure a profitable and secure retirement.

"With real estate and the stock market so unpredictable and volatile, investors need
a new tactical approach," says Burns. "They need a balance and a combination of
forces."

The three prongs of the approach-which Burns refers to as "pillars"-are leverage,
arbitrage and cash flow.

Leverage, the first pillar, means borrowing money against an investment or asset
that you either own now or will purchase (such as a home, artwork, etc.)

Arbitrage, the second pillar, refers to finding investments, such as real estate or
stock that will offer greater returns than the money you borrowed through
leveraging.

Cash flow, the third pillar, is the steady income generated from the investment that
you secured through the leverage and arbitrage pillars-such as rent from tenants in
an apartment complex that you bought.

In its simplest form, the three-pillar approach works like this: You buy a house and
then borrow money against it to put into another investment (leverage). The next
step is taking the money gained from the first property and investing it in another
house that produces rent (arbitrage). The last pillar is the steady rental income
that comes from this house (cash flow).

In theory, you can accomplish all three parts by purchasing a three-family home that
you can live in while collecting rent from two tenants.

Burns has encapsulated this entire approach in his new book, The 3 Secret Pillars of
Wealth: How to Crack your Wealth Code Using the Tools of the Self-Made Billionaires.
He also teaches seminars and Webinars.

"I'm not into this 'get rich quick' stuff," says Burns. "I don't like day trading or
most financial help books, and I find almost all financial gurus don\'t have a clear
message. I have clients come in all the time without any direction or
understanding-often after seeing a financial planner."


Web Site: http://www.3pillarsofwealth.com

Contact Details: James Burns
26895 Aliso Creek Road,
Suite B-323
Aliso Viejo, CA. 92656
PH(949) 440-3243
Fax (714) 464-4448
jambur64@cox.net

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •