KI$$: Stocks To Build A Second Source Of Income: Keep It Simple, Stupid

by Rohit Gupta

THEY SAY THAT LOVE IS MORE IMPORTANT THAN MONEY, BUT HAVE YOU EVER TRIED TO PAY YOUR RENT WITH A HUG? In today's changing environment, it is critical to build a second source of income. This if you work in the gig economy or even in a traditional corporate job. There are, of course, plenty of books, tutorials, calculators, and tools on personal financial planning. This may equally be a problem. The key investment concepts are very simple, but get lost in a world of twenty-four hour global financial news coverage. This book embodies independence, thrift, and self-reliance. My emphasis is on providing an understanding of foundational investment concepts necessary to help you plan, save and invest to reach your financial goals. The emphasis is not on math and formulas but basic concepts. Under thirties, start early to allow full advantage of time and compound interest.

Genres: Nonfiction

96 pages, Kindle Edition

Published September 9, 2020

About the author

Rohit Gupta has thirty years of international experience in the financial services industry. With a passion for personal finance education, he has published articles in The Business Times (Singapore), Smart Investor (Singapore and Malaysia), The Accountant (Australia), and The News (Bangkok). He also maintains a personal finance portal: www.yourrule72.com.

Over his career, he has had the opportunity to work and live in six countries and through multiple crises: the Asian financial crisis (Indonesia, 1997); SARS (Singapore, 2002); the global financial crisis (Malaysia, 2007); swine flu pandemic (Mexico, 2009); and the eurozone debt crisis (Turkey, 2011). Yet the economies recovered and rebounded from each. What cannot be recovered is time lost.

Rohit lives in Singapore with his wife, an artisan chocolatier. Their daughter, a furniture designer, currently lives in the United States.

Reviews

[Bethany · Rating 3 out of 5]

Fast read on investing

I received this book through the Goodreads giveaway program, thank you! The book did cover a lot of investing information for a short book, but I don't know that I would call it KISS. The simplest strategy would be low cost index funds or ETFs (which were briefly mentioned), rather than individual stock-picking. I don't pretend to be clever with understanding economics, but the math that was reviewed for stock-picking did go way over my head.

[Angus Logan · Rating 5 out of 5]

Very good book for people who are wanting a understanding on the whole world of investing

[Sergio · Rating 4 out of 5]

Simple, pragmatic advice. I wish I‘d had this when I was twenty years old. But will still apply it’s advice now.

[D.H. Lim · Rating 5 out of 5]

Having read more than 20 personal finances books YTD, this is a perfectly short and sweet 100 pg bible in Singaporean context to keep me reminded and grounded.