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A back-to-basics guide by veteran investment guru John E Girouard revealing how investment industry sales people give shoddy advice and sell poorly-designed investment 'products' aimed at enriching themselves and their firms at customers' expense. "The financial services industry is in the business of selling hope," he says, "but rarely produces consistent returns for clients. 'The Ten Truths of Wealth Creation' is not a recipe for getting rich, but an honest look at the common mistakes most of us make in our financial lives, and how we can unlock the natural money-growing opportunities that those selling investment 'products' never talk about. Girouard explains how income is often taxed multiple times, how financial choices can minimise those taxes, and how those saved dollars can add up and grow wealth. Girouard shows readers that by ignoring the Wall Street/investment industry noise, by thinking differently about the basic investment tools available to everyone-especially real estate and life insurance-they can create financial security for themselves and their families, with less risk and worry. Readers will be surprised to learn that paying down your mortgage could hurt your chances of creating wealth; that buying a car for cash may cost more than financing it; that most investment advisors over-estimate retirement needs so they can sell you more products; and the biggest cost to wealth-up to 60 percent-is uncaptured interest income, unnecessary interest expense, and failure to manage taxes. Girouard shows how simple, common sense choices can help you reach your money goals sooner and safer, in good times and bad.