Building Wealth in the '90s

Description

294 pages
Contains Index
$16.95
ISBN 0-13-088048-5
DDC 332.024

Author

Year

1992

Contributor

Reviewed by W. Bruce Wrigley

W. Bruce Wrigley is a fixed-income and derivative products salesman in
the Treasury Department Union Bank of Switzerland (Canada).

Review

There is an easy-going, almost story-telling rhythm to the financial
planning essays that make up Building Wealth in the ’90s. This casual
style of writing should not put off the prospective reader, however, for
this book is a gem in the field of personal financial planning.

Pape leads us through the basic wealth-building techniques that all of
us probably practice to some degree. We learn of his own successes and
failures as he ventured into stocks and bonds before he really knew what
he was buying. The importance of RRSPs as the second most important
wealth-generating vehicle (after home ownership) is concisely detailed,
as are investment options for them.

Most commendable is the attitude Pape imbues in the reader. One comes
away believing in one’s ability to amass enough assets to allow for
any contingency on retirement. After all, no level of government has the
financial wherewithal to do that for us. This is a wonderful piece of
general financial education, the contents of which should be at the
fingertips of every Canadian adult.

Citation

Pape, Gordon., “Building Wealth in the '90s,” Canadian Book Review Annual Online, accessed November 22, 2024, https://cbra.library.utoronto.ca/items/show/12144.