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Rich!: The New Power Laws of Personal Finance

 
Ashu Dutt (Author) Anav Dutt (Author)
Synopsis

A new, disruptive age is upon us. Times have changed. Life has changed. Job profiles have changed. Job security has changed. Aspirations have changed. Marriage and personal lifestyles have changed, though like lemmings to destruction charging, most of us continue to behave as if nothing has changed.

To grow and protect your money now, you need to master the new realities of personal finance:

Don't focus on saving, focus on increasing your income

Get a second income

If your children are good, why save for them, if they are bad, why save for them

Preserve what you have; this may not sound trendy but it’s vital

Take up jobs where income can multiply exponentially

You may be the biggest risk to your personal finance

Postpone getting married and buying a house

Don't screw up your early years

Plan for being out of a job often

You must educate yourself on how investing works

Diversification is not what you think it is

Higher return doesn’t necessarily entail higher risk

Grow your network and you will grow your money

Timing is everything in investing

Don't tell anyone everything about your money.

The next 10 years will be nothing like the previous 10. To grow rich, and stay rich, you need to master the new power laws of personal finance revealed in this book.

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About the author

Ashu Dutt

Ashu Dutt is a CPA and holds an MBA and a BBA (summa cum laude} from Bernard M. Baruch College, New York. He is an authority on personal finance and wealth management and heads a boutique brokerage firm that manages investments for institutional and individual investors. He is also well known as an anchor on business programmes on television and as a magazine columnist. Ashu Dutt has recently joined India Infoline.com Ltd as a director to head its convergence initatives.

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Bibliographic information

Title Rich!: The New Power Laws of Personal Finance
Format Softcover
Date published: 01.05.2018
Edition 1st ed.
Language: English
isbn 9789386268136
length 208p.