Colin Nicholson
In Creating Real Wealth, 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.
Kemp's 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. Supported by fascinating historical research and anecdotes, in this fascinating book you will learn:
- How to set goals that will lead to financial security.
- The importance of saving and the power of compounding.
- To avoid emotional pitfalls and to think like a true investor.
Dr Michael Kemp completed his MBA in finance and his graduate diploma in applied finance and investment before embarking on a career in corporate finance in Australia and overseas. Based in Melbourne, he now works part-time in his periodontal practice which allows him more time with his family and the opportunity to pursue his interest in investing and the psychology behind investing. Michael is currently the Director of IQ Investing www.iqinvesting.com.au which provides investment-based educational seminars to private investors.
