The last safe investment
Subtitle: spending now to increase your true wealth forever
By: Bryan Franklin and Michael Ellsberg
Contributors: Ellsberg, Michael, author
Published: 2016
Language: eng
Number of pages: 278
ISBN-13: 9781591846116
Subjects: Intellectual capital; Ability; Career development
Description: "The case for investing in your own career before anything else Michael Ellsberg and Bryan Franklin think you've been fed a lie: that if you save for decades and invest in 401(k)s, IRAs, and a home, these investments will grow steadily over decades, allowing twenty to thirty years of secure, peaceful retirement. This might have been true at some point in the last century, but it is not true any longer. If you want to get ahead and enjoy a life of prosperity, the authors argue that you must invest in the most powerful source of wealth you'll ever know: your own earning power. Ellsberg and Franklin reveal how investing in yourself in various ways can guarantee a return much higher than the stock market or real estate. Boosting your skills, leadership, persuasion ability, and your network enriches the quality and meaning of your life at the same time that it enriches your wallet. Why wouldn't you bet on yourself?"--

"Business Strategist Bryan Franklin teams up with Michael Ellsberg, author of The Education of Millionaires in this bold manifesto that will change the way you think of wealth, investment, and spending forever. You've been told that if you save for decades and invest in 401(k)s, IRAs, and a home, these investments will grow steadily over decades, allowing twenty-to-thirty years of secure, peaceful retirement. According to Bryan Franklin and Michael Ellsberg, you've been fed a lie. If you want to get ahead and enjoy future prosperity, you must invest in the most powerful source of wealth you'll ever know: your own capacity to earn. Franklin and Ellsberg reveal how all of our traditional metrics for personal financial health and success have led us disastrously wrong. This book lays out a blueprint for building "True Wealth", or a system that generates the experiences you cherish most, which for most of are financial security, freedom, creative expression and love."--
Notes: Includes bibliographical references (pages 265-268) and index.
Table of contents: title: Investing to increase your happiness exchange rate; title: The super skills: the most valuable, sought after, rewarded, compensated, and universally beneficial human skills; title: Invest in interpersonal super skills; title: Invest in creative super skills; title: Invest in technical super skills; title: Invest in physical super skills; title: Adviser equity; title: Tribe; title: The future of financial safety.