Creating Real Wealth opens with a thorough and intelligent discussion on the various aspects of wealth creation. Author Michael Kemp encourages readers to first define their perception of wealth before they set out on their journey to achieve financial security. The vague goal of becoming wealthy is unachievable if the more you earn the more you spend. He warns against measuring financial goals and achievements against those of the Joneses or the stars of the screen and entertainment worlds. Instead he reviews the wisdom of those intelligent investors who have created real and lasting wealth. Kemps reasoning is easy to follow. He believes there are only really four things the wealth-creator needs to know about money: how to earn it, save it, invest it and enjoy it. In this fascinating book you will learn: - How to set financial objectives that will lead to financial security - The importance of saving and the value of compounding returns - To take the emotion out of investing and think like an intelligent investor - A simple accumulation strategy using indirect investment tools - How to appreciate your financial circumstances and enjoy the wealth you have created.
Author Biography
Dr. Michael Kemp completed an MBA before embarking on a career in corporate finance during the mid-1980s bull market. His financial career has included working in the Treasury Department of the Australian Wheat Board, as a trader for Bankers Trust and in the Corporate Finance department of stockbroking firm Potter Warburg (both in Australia and London). Michael graduated from Melbourne University and has subsequently gained two master's degrees, including an MBA from Monash University. As a young financier he was awarded the Ian Roach Prize for achieving first place nationally among employees of the Australian Securities Exchange studying for the Graduate Diploma in Applied Finance and Investment. Today Michael spends his time investing on his personal account and analyzing and writing about stocks for the Barefoot Blueprint newsletter. He has written 2 books on finance: Creating Real Wealth and Uncommon Sense - Investment Wisdom Since the Stock Market's Dawn. To Michael, finance has always been a passion, never a job.
