Looking for Book on Loans

Discussion in 'Information Resources' started by Terry_w, 29th May, 2015.

  1. Terry_w

    Terry_w Member

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    Many years ago I purchased a book on loans and interest. It clearly outlined how interest is charged and added to the loan in a very easy to understand way. It also discussed how to pay the home loan off sooner and other topics. From a tax point of view it was not good advice as they recommended St George's portfolio loan and paying all income into the loan and redrawing to pay expenses etc. But that could be rectified with an offset.

    It was so good I lent it out to a client and told him to take care and remember to give it back. He never did and now I am trying to locate a copy, but I have no idea of the title or the year but it was around 2004 or 2003. I think it had a blue cover.

    Would anyone know which book I am talking about here?
     
  2. Paul@PFI

    Paul@PFI Tax, SMSF & Planning

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    Could be Fast Money by Edna Carew. Original copies were called the Blue Book (AFMA cover) as I recall from my Treasury days. The staple of the Australian Financial Markets in 1980's to 1990's to modern times. The bible of financial market maths and products incl derivative maths etc. Later editions incl spreadsheet tools.

    Language of Money I think was a consumer focussed book.

    http://www.amazon.com/Edna-Carew/e/B001JP4BAK
     
  3. NPB

    NPB Member

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    Oops I had 2 boxes for over ten years and threw them out last year, i remember the exact book with the blue and white and yellow writing on cover, it was written by a woman.
     
    Last edited: 29th May, 2015
  4. DaveM

    DaveM KFC Buyers Agent

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    No wonder it had bad advice in it then

    :D
     
  5. NPB

    NPB Member

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    I remember something about asking people in line at the supermarket to give you cash for their groceries and then you pay for them on your card and put the cash in the loan for the 55 days until the repayment on card was due.
     
  6. westminster

    westminster P Plate Developer

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    Was it the Anita Bell one or the one above?
     
  7. Terry_w

    Terry_w Member

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    Thanks everybody. NPB this rings a bell (and no not an Anita Bell). I think it is the one mentioned by NPB.
     
  8. Terry_w

    Terry_w Member

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  9. NPB

    NPB Member

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    http://www.ebay.com.au/itm/like/151...2&ops=true&viphx=1&hlpht=true&lpid=107&chn=ps


    This is the book I was thinking of.

    Now I am thinking I might be confusing Anita Bell's content with the appearance of this one so basically i am not helping at all! Been over 10 years since i read either of them.
     
  10. Rolf Latham

    Rolf Latham Member

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    Sounds like something Destiny uses a bit - Margaret Lomas maybe ?

    ta
    rolf
     
  11. Terry_w

    Terry_w Member

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  12. Investig8

    Investig8 Member

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  13. Terry_w

    Terry_w Member

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  14. jerrybee

    jerrybee Member

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    Hum I might buy myself a copy:)
     
  15. Terry_w

    Terry_w Member

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    Hold off until I confirm my memory of it being good. From memory, 10 years back now, this is the book that made it click for me in terms of understanding how interest works. but the book ignored the tax side of things and it would be a disaster to set it up like the author suggests.
     
  16. jerrybee

    jerrybee Member

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    No worries will do.
     
  17. redwing

    redwing Progress Not Perfection

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    I thought it may have been

    My old copy has this cover

    [​IMG]