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An investment in knowledge pays the best interest. This quote, from Benjamin Franklin, has held true over the centuries. Every book you read, every expert you talk to, every piece of financial knowledge that you learn has compounded returns. Because you can use that knowedge over time. You can use it multiple times over your lifetime, and thus compounded the use of knowledge. When it comes to financial knowledge, it helps you compound your money over time.
This book will be a significant source of knowledge in your financial journey. It teaches you about the importance of financial planning and how to customize to your individual and family goals. Learn how you can use the principle of compounding in your regular investments to multiply your returns. Budgeting, increasing income and lowering debt are a struggle for many because they haven't developed the right mindset, and most people have basically given up.
They don't realize that implementing certain strategies will ensure that they approach their finances with the right frame of mind. And this will help them achieve their goals. Portfolio allocation and cash management are strategies that have divided financial experts over the years. This book goes through different allocation options and looks to customize it to your particular needs. This book also delves into Precious Metals Investing and Value Investing, which are critical to every long term investor. Even if you've never investing before in your life, you will get a lot out of this book.
