How to Grow Rich with The Power of Compounding - Kumar, Praveen; Kumar, Prashant
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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 'Eighth Wonder'. In this book bestselling authors Praveen & Prashant Kumar explain 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…mehr

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Produktbeschreibung
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 'Eighth Wonder'. In this book bestselling authors Praveen & Prashant Kumar explain 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 grow exceedingly rich within your lifetime. Once you read this book being a millionaire will not be just a dream but a reality.
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Autorenporträt
Praveen Kumar is a best selling author who was abandoned by his father at the age of fourteen and joined the Navy at tender age of fifteen where education and free rations were guaranteed.

In order to understand the root cause of suffering he turned towards philosophy and religion. His intense spiritual quest lasted for over fifteen years. During this period he totally neglected the material side of life.

Then one fine day he understood that 'life is 'and material and spiritual world are closely interwoven. You cannot live in one without the other. There is a saying that 'Once your mind expands it never goes back to its original state'. Something of the sorts happened to him and the transition happened within a very short period of time. His doubts and sufferings vanished and his mind became balanced and steady.

One of the reasons he identified as root cause of his suffering was his deep seated financial insecurity resulting from his childhood deprivation. He took pre-mature retirement from the Navy after having successfully commanded submarines and set about building his financial future.

Within short span of a decade starting out with virtually no capital he built his financial empire through real estate investing and internet marketing that has allowed him to retire and work from home.

Praveen strongly feels that it is only through increasing ones spiritual, emotional and financial intelligence can someone transform not only ones own life but also of his loved ones. He now writes books and articles on financial and spiritual matters to empower people to improve their lives.