Investor's Letter

Author: FONG WAIMUN, KOH SENGKEE
Publisher: China Machine Press
Publication Date:
Features: Master financial skills, step towards a happy life
This world cannot make everyone a millionaire; the key is to avoid being poor first! This is the advice from a "not poor" father to his only son who aspires to get rich. The readers of this book are those who may not have a large amount of assets but have goals and ideas; they may not become entrepreneurs, but they possess knowledge and an understanding of money. Therefore, it can be said that everyone is a reader of this book. To write a book that is different from textbooks and addresses high-level personal financial management for the general public, the author wrote each section as a letter—a series of 40 letters written in the tone of a father to his son who is about to become independent in both life and finances. Each letter conveys in-depth, yet simple experiences on various aspects of financial management, providing wise and practical advice. The book covers the following topics:
Budgeting made easy, learning about borrowing, achieving the dream of buying a car, understanding the fluctuations in real estate prices, figuring out how much insurance to buy, whether one can admire stock prediction gurus, how much money is enough to invest, how to turn limited funds into an incubator, whether collecting can be considered an investment, how to reduce income tax, how to plan for a comfortable retirement, and how to minimize property tax.