Wealth by Homeownership by Rule of One Third

By Jay Sing

" The joy of active income earning phase of life is in its designed retirement. " .... Author

This book is about growth of wealth over time for an ordinary person who has worked his or her way up to a steady income to make a reasonable living and envisages retiring comfortably. This book is equally applicable for the middle aged who often runs into anxieties of growing older to take care of themselves and to guide the young to make better decisions about their financial life.
The author urges the reader to play with numbers on an Excel spreadsheet, downloadable from author's website given in the book, to see the effect of the time value of money and inflation, and how to create wealth out of the bank indebtedness of a home loan. The author shows the reader to evolve a plan of getting wealthier through homeownership, create retirement income, and to pass on the created wealth.

The author further suggests a perspective shift on the perception of individual and societal growth of wealth and delves into a model of prosperity by dispersal of the growing population in the realm of an ideal beneficent state.

The author has created subtle illustrations and aphorisms to depict the essence of each chapter. This book is profound, thought provoking, and turns mathematical abstractions to educative entertainment.

• Language: English
• Publisher: Arch Publishers
• Release date: Nov 28, 2014
• ISBN: 9780990681014

Jay Sing

Jay Sing has a background as an army engineer, an IT professional, a business broker, and retiree. With over 51+ years of work experience through the trenches, Jay brings you new insights to redesign your financial future.

Book preview

The joy of active income earning phase of life is in its designed retirement …. Author

Wealth by Homeownership

by

Rule of One Third

Jay Sing

Arch Publishers

Publisher’s Notes

Copyright Notice

Copyright © 2014 by Jay Sing. Published by Arch Publishers, Orlando, Florida. Manufactured in the United States of America. All rights reserved. Reproduction or translation of any part of this work beyond that permitted by Section 107 or 108 of the United States Copyright Act 1976 without the permission of the copyright owner is unlawful. No part of this publication may be reproduced or distributed in any form or by any means whatsoever without prior written permission of the publisher.

First Edition: 2015

Volume 1

ISBN-13: 978-0-9906810-0-7 (Print)……………… ISBN-10: 0-9906810-0-9

ISBN-13: 978-0-9906810-1-4 (e-book)………....… .ISBN-10: 0990681017

ISBN-13: 978-0-9906810-2-1 (Flipbook)…..………ISBN-10: 0990681025

available from….www.WealthByHomeOwnership.com

Volume 2

ISBN-13: 978-0-9906810-3-8 (Excel Spreadsheet)…ISBN-10: 0-9906810-3-3

available from….www.WealthByHomeOwnership.com

Category: Nonfiction > Education and Reference > Decision Making and Problem Solving

Trademark:

Excel is the trademark of a product of Microsoft©. Selected screenshot images from worksheets of associated Excel spreadsheet file [Volume 2] placed in the text of this book [Volume 1] are for reference and illustrative purposes. All other trademarks are the property of respective owners.

Disclaimer:

This publication contains the opinions and ideas of the author. No warranty is made with respect to the accuracy or completeness of the information contained herein, and the author, publisher, and distributors specifically disclaim any responsibility for any liability, loss, or risk, personal or otherwise, which may be incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this book, and its associated Excel spreadsheet file.

Any historical reference in the text of this book to the circumstances then prevailing is purely incidental and is in no way intended to suggest wrongness. Any slights of people, places, or organizations are unintentional. The only warranty made is your money back on the cost of purchasing this book.

Attention:

For information about special discounts for bulk purchases and invitation to the author to your live event, please contact publishers.

Library of Congress Control Number: 2014947996 (print version)

Arch Publishers

16877 E. Colonial Drive, #166

Orlando, Florida 32820, USA

Email: [e-mail]: 1.888.614.3707

Dedication

To the aspiring young for persistence and prosperity

Your Opinion Matters

at

www.WealthByHomeownership.com

License Notes

This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, please purchase your own copy. Thank you for respecting the hard work of this author.

Contents

Foreword

Introduction

Chapter 1. Need of House for Home to Start for Wealth

Chapter 2. Stages of Homeownership

Chapter 3. Time Machine of Money Value

Chapter 4. Wealth in Mortgage Indebtedness

Chapter 5. Wealth Means; Richer Life

Chapter 6. Growth of Prosperity and Population

Chapter 7. Perspective Shift to Promote Home Wealth

Chapter 8. In Conclusion

References to Links

Afterword

About Author

Volume 2

Excel Spreadsheet available at

www.WealthByHomeOwnership.com

Foreword

For most of you, the momentous events of the first half decade of the 21st Century must be fresh in your minds. When the infamous 9/11 attack struck in 2001, it affected many lives, jobs, businesses and, above all, productive buying power. It struck people’s confidence in their control of over events to come. As if this was not enough, institutionalized financial wizards struck on common people with all their contrivances and devices with easy commercial and residential loans in the name of bolstering consumer confidence and the appearance of prosperity. It was a phenomenon of laissez-faire free fall into deep indebtedness. The banks and mortgage messengers chased people to take money just for the asking. People saw the illusions of affluence and a good life. Happy days were here again! Thumbs up!!

The inevitable was waiting to happen, and it happened. In the parlance of financial wizards, it is called the bubble-burst. By the middle of 2008, some financial giants had collapsed, and more were headed the way. Fears of a repeat of the 1930s were prevalent amongst historians. With the end of an era at the end of 2008, hopes and optimism appeared over the horizon. There were