ANCHOR: There are some new financial books out.
ANCHOR: Money and real estate expert Ilyce Glink has the details on the best books for you.
*Good Morning!!!
ILYCE: Here’s book 1:
THE LEMON LAW BIBLE BY STEVE LEHTO: EVERYTHING THE SMART CONSUMER NEEDS TO KNOW ABOUT AUTOMOBILE LAW
WRITTEN BY AN ATTORNEY IN MICHIGAN
* WHAT VEHICLES ARE COVERED BY LEMON LAWS?
* WHAT MAKES A VEHICLE A LEMON?
* WHAT YOU ARE ENTITLED TO UNDER THE LEMON LAWS
* ARBITRATION AND LITIGATION
* WARRANTIES AND CONSUMER TRANSACTIONS
* STATE-BY-STATE GUIDE TO LEMON LAWS
* IN ILLINOIS, MUST HAVE TRIED TO REPAIR SAME PROBLEM 4 TIMES, OR THE CAR HAS BEEN OUT OF SERVICE FOR 30 DAYS
OVERALL: A good read on what lemon laws are and how you can take advantage of them.
Book 2:
SMART COUPLES FINISH RICH BY DAVID BACH
* AUTHOR OF THE NATIONAL BESTSELLER “SMART WOMEN FINISH RICH”
* 9 STEPS TO FINANCIAL SUCCESS INCLUDING LEARN THE FACTS AND MYTHS ABOUT COUPLES AND MONEY; DETERMINE THE TRUE PURPOSE OF MONEY IN YOUR LIFE, PLAN TOGETHER…WIN TOGETHER; THE COUPLES’ LATTE FACTOR; BUILD YOUR RETIREMENT BASKET; BUILD YOUR SECURITY BASKET; BUILD YOUR DREAM BASKET; TEN BIGGEST MISTAKES;
INCREASE YOUR INCOME BY 10 PERCENT IN 9 WEEKS.
* COINED THE PHRASE “THE LATTE FACTOR” TO MEAN IT’S NOT WHAT YOU EARN, IT’S WHAT YOU SPEND * TIPS ON HOW TO INCREASE YOUR INCOME BY 10 PERCENT (HINT: MAKE YOURSELF VALUABLE)
OVERALL: NOT REALLY NEW INFORMATION, BUT NICELY PACKAGED, AND REMINDS YOU THAT IT’S A TEAM EFFORT
Book 3:
FLIPPING PROPERTIES: GENERATE INSTANT CASH PROFITS IN REAL ESTATE BY WILLIAM BRONCHICK AND ROBERT DAHLSTROM
* FLIPPING HAS NEGATIVE CONNOTATIONS IN REAL ESTATE BECAUSE IT APPEARS THAT YOU ARE TAKING ADVANTAGE OF SOMEONE ELSE — AND YOU ARE.
* START BY GETTING YOUR REAL ESTATE LICENSE SO YOU CAN EARN COMMISSIONS ON YOUR PURCHASES AS WELL AS THE PROFIT
* LEARN HOW TO RECOGNIZE A GOOD DEAL IN REAL ESTATE AND BUY FOR LESS THAN MARKET VALUE
* STEP-BY-STEP PROCESS TEACHES YOU HOW TO WALK THROUGH A REAL ESTATE DEAL, BUT IF YOU’VE NEVER DONE IT BEFORE, YOU’LL ALSO NEED A PRIMER ON WHAT THE JARGON IN THIS BOOK MEANS.
* GUIDE TO ESTIMATING CONSTRUCTION COSTS FOR FIXER-UPPERS — LIKE IT WILL COST YOU 50 CENTS TO $1 IN LABOR TO INSTALL EACH $1 OF MATERIAL. SO, IF YOU PUT IN A $25 LIGHT FIXTURE, IT WILL COST YOU $25 FOR INSTALLATION.
* GOOD PRIMER, BUT NOT THE BE-ALL, END-ALL FOR MAKING MONEY IN INVESTMENT PROPERTIES.
Book 4:
BEST BUSINESS STORIES OF THE YEAR BY TRIBUNE COLUMNIST ANDREW LECKEY AND CBS MARKETWATCH.COM AND FORBES COLUMNIST MARSHALL LOEB
* READS LIKE A NOVEL
* ONE OF THE BEST STORIES IN ABOUT THE RISE AND — IT SEEMS INEVITABLE NOW — FALL OF A YOUNG IPO MILLIONAIRE
* THERE’S A GREAT STORY ABOUT THE OUSTING OF ONE OF AMERICA’S MOST POWERFUL BANKERS (JOHN REED) BY HIS SMOOTH PARTNER, SANDY WEILL.
* STORY OF THE WIDESPREAD DEVASTATION CAUSED BY THE DECLINE OF PROCTOR & GAMBLE AND THE ACCIDENTAL TAINTING OF HOT DOGS.
* FUNNY, FUNNY READINGS ABOUT THE PLIGHT OF BUSINESS FREQUENT FLYERS.
Book 5
NEIGHBOR LAW: FENCES, TREES, BOUNDARIES, AND NOISE BY ATTORNEY CORA JORDAN
* HELPS YOU SOLVE COMMON PROBLEMS INCLUDING BLOCKED VIEWS, TRESPASSING, RUNOFF AND FLOODING, FALLING TREES, AND THINGS THAT ARE DANGERS TO CHILDREN.
* WALKS YOU THROUGH TRYING TO SOLVE THE PROBLEM IN A NEIGHBORLY WAY, BEFORE WRITING THE INEVITABLE LETTER, NOTIFYING AUTHORITIES AND ULTIMATELY SUING YOUR NEIGHBOR.
* GREAT RESOURCES.
LAST FRIDAY ON THE SHOW, I REPORTED ON HOW TO FIND A JOB BEFORE YOUR BENEFITS RUN OUT, AND IF YOU MISSED IT, YOU CAN STILL SEE THE SCRIPT ON WGNTV.COM. ABOUT 1,000 VIEWERS WENT TO OUR JOBS POLL AND I WANTED TO GIVE YOU THE RESULTS.
Do you think you will lose your job in this economic climate?
28.2 percent said “yes” 71.8 percent said “no”
How long do you think it would take you to find a new job?
42 percent said 2 to 3 months to find a new job
19.8 percent said 4 to 5 months
38.2 percent said 6 months or longer
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