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Fast Profits in Hard Times: 04/26/08
It is a surreal experience to read a book about investing in a time of economic recession or as Jordan E. Goodman calls it "Hard Times." The former Money magazine journalist gives ten strategies for earning money in Fast Profits in Hard Times.
Each chapter contains one of the ten strategies and these strategies are further broken down into different techniques. The techniques involve: tax liens and deeds, below market real estate, income trusts and master limited partnerships, high-yield equities, DRIPs, bonds, options, foreign exchange, cash flow, and passive income strategies. Goodman writes in a straight forward fashion and shows exactly where one has to put in the hours of work to make the investment strategies pay off. Although he writes in an upbeat tone, he doesn't blindly promise results to everyone who reads his book.
As with all forms of investing, it takes money to make money. It also takes time and dedication. None of these ten strategies are "get rick quick schemes."