How to Grow Rich with The Power of Compounding
By Praveen Kumar & Prashant Kumar
- Release Date: 2014-06-15
- Genre: Personal Finance
Description
You can become a millionaire or even a billionaire by simply understanding and applying the ‘The Power of Compounding’ principle. It requires no special skill. Virtually anyone can do it. No wonder Einstein called it the ‘Eight Wonder’.
In this book bestselling author Praveen Kumar explains the true power behind compounding which most people fail to understand and become rich.
If it is so simple then why are there so few millionaires in this world? This is because most of us learnt about compound interest at school. We also did a few sums but no one ever explained to us either its power or application. Our teachers and parents would be millionaires if they understood or had any comprehension of its awesome power.
This book will answer the following vital aspects of compounding that no one explained to you:
*What is tunnelling effect?
*What is critical mass in compounding?
*How a dollar a day can turn you into a millionaire?
*How you can go broke with reverse power of compounding?
*How to find dollars to invest?
*How to leverage for higher returns?
*How inflation effects compounding?
*How to harness the power of compounding?
This book will teach and empower you to use ‘The Power of Compounding’ and how to grow exceedingly rich within your lifetime.
Once you read this book being a millionaire will not be just a dream but a reality.
Grab this book at the introduction price before it goes up.
Customer Reviews
Good and Informative March 2, 2012
By Hitesh Italia
Format:Kindle Edition|Verified Purchase
Good Information on the power of compounding. Short book, good small examples, easy to understand. It is never too late when it comes to investing. Start early!
Terrific Advice!, July 2, 2012
By Michael Jordan Rush - See all my reviews
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This review is from: How to Grow Rich with The Power of Compounding (How To Create Wealth) (Kindle Edition)
This book contains some of the most basic yet important business advice you can get. True, the author's native language is probably not English and the grammar is not too good. But if you can get past that, and follow his advice, you will be making the best financial decision of your life and become wealthy in the process. One of the best books on money I have ever read! Motivates me to save and really stay on top of my money affairs.
Good motivation, May 17, 2012
By Bryan (Spring, TX, United States) - See all my reviews
(REAL NAME)
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This review is from: How to Grow Rich with The Power of Compounding (How To Create Wealth) (Kindle Edition)
This book is pretty much common since, but it is well written, and a very good motivational book if you need help keeping your mind on money growth.
3.0 out of 5 stars Informative Little Book--but it Needs Editing January 23, 2012
By A Customer
Format:Kindle Edition|Verified Purchase
I liked this little book. I'm a complete novice when it comes to personal finance but this author explained the concept of compounding in a way that even I could understand. I appreciated his approach. Its very motivational, written in plain english (not a lot of technical jargon), and stresses the importance of starting as early as you can to invest in your future.
I was also impressed by how--dispite the loss of his father as a young teen--he went on to become a wealthy and successful businessman. (This is briefly described in the short biography at the very end of the book.)