By: Ashley Ormond
Book Price: $29.95
Senior executive in the finance industry
Ashley Ormond has worked in the finance industry for over 25 years. In this time, he has served as a senior executive in major international banking and finance groups. He has also been a director of several companies including listed, private, charitable and not-for-profit organisations. He has degrees in economic history, law and finance.
A plan to release wealth to our kids
Mr. Ormond reveals a plan to release wealth to our kids. In 9 chapters, he shares, how to find $1 per day (Ch. 2) to invest using investment basics (Ch. 4). He also delves deeper into company shares (Ch. 5), property investments (Ch. 6), growing funds over time (Ch. 7), helping your kids to implement his plan (Ch. 8), & other ideas.
Investing $1 a day adds up over time to $1,000,000
Ashley Ormond shares with a personal tone to educate readers through simple analogies and scenarios. He is an organized and relational writer who discusses his “aim” openly to validate the purpose of his book. Ashley states, “The aim of the $1 million is to enable them to do what they really want to do… rather than what they have to.”
Mr. Ormond establishes foundations for readers to apply his ideas. His willingness to guide them through the process leads him to share 4 ground rules for building wealth as, “Make regular contributions… Invest the money in growth assets… reinvest all investment earnings in the fund… never spend it.” Powerful clues towards increase!
Readers are confronted with their responsibilities, as in Ashley’s advice to invest $1 a day, he challenges readers, “Close your eyes, take a deep breath and say to yourself, ‘My child’s financial future deserves $1 per day… ‘”
Ashley believes in practical application of ideas, hence his provocation towards involving our kids in wealth building, saying, “The earlier they learn good financial habits, the better… the age of 10 is a good time to begin… “
Ormond employs bullet points to quickly connect readers to key information. He does this in the case of keys for gaining wealth, stating, “Wealth comes from: learning some basic rules… having a plan and setting some goals… sticking to the plan.” His ideas are clear, simple, and aimed towards provoking readers towards action.
A plan to give our kids $1 million that works
Ashley Ormond guides readers through a simple and practical plan to give our kids $1 million each. It works!
Success Step: Phone your local bank and set up an appointment with their investment advisor, discuss this review.