Human Capital in Personal Finance

by Sam Ghosh

Overview

We take personal financial decisions based on what we perceive as our assets and liabilities are. Young people who did not inherit much financial assets, often fall in the trap of a conservative mindset thinking that they do not have enough assets to take financial risks. This is faulty thinking given that the most valuable asset young people generally have is their ability to earn, i.e. dividends from their skills will constitute the largest cash-flows in their future. This is why financial thinking must incorporate the earning ability a.k.a. Human Capital as an asset. Doing this enables us to maintain and grow the biggest asset we have along with taking prudent financial decisions. 

Product Details

BN ID:	2940156294190
Publisher:	Sam Ghosh
Publication date:	12/10/2018
Sold by:	Draft2Digital
Format:	eBook
Sales rank:	452,410
File size:	2 MB

About the Author

Sam Ghosh is an Investment Advisor and Founder of Wisejay Pvt. Limited. He has an MBA in Finance from University of Calgary, Canada, completed all three levels of the CFA program offered by the CFA Insititute, USA and holds various NISM certificates including Mutual Funds Distributors Certificate.