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Financial Security
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Peter, on the other hand, is only 46 and has just accepted a transfer to Europe for two years, at $400,000 per year, to run the European division for his employer. It’s a great opportunity and will help build his personal financial security, but it has a big disadvantage: His wife is going to stay here while the kids are in school.
Financial security is also Joe Jr.’s concern as he works with the problem, and tries to determine the best thing to do with his father’s company. Should he sell it now for $40 million and will that provide financial security for his mother, his sister and himself, or should he take it over and run it, or should he hire an expert executive to run it? Which path will provide the most financial security for all of them?
The Challenge of Wealth is $19.95. Shipping and handling is $5.00 for the first book and $1.00 for each additional book per order. Buy now…
Peterson Money Books
Book: The Challenge of WEALTH, by Erlend Peterson, CFP
Managing the Joys, Responsibilities, and Opportunities
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