Millionaire in the Making: Building Generational Wealth by Investing Wisely
Aug 2021 · Penguin Random House South Africa
Ebook
238
Pages
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About this ebook
Through a combination of factors, such as historically debilitating apartheid laws and a lack of financial education, many South Africans are crippled by generational poverty, where liabilities (like black tax) are inherited instead of assets. Change requires converting consumers into investors, spenders into savers, and equipping our nation with world-class financial principles. Author, educator and property expert Laurens Boel sets out every step of the wealth-generation process, including how the rich think differently from the poor, how the economy works and how to earn passive income through side hustles, as well as insider secrets on how to grow and protect your wealth. The book focuses strongly on property investing as a foundation for wealth. The reader will be armed with secrets to investing in South Africa’s lucrative property market, such as finding below-market-value deals, leveraging other people’s money (OPM) and utilising structures for tax efficiency. There is also advice on wealth-generation strategies like trading and starting a business. Millionaire in the Making is a must-read for anyone looking to improve their financial situation, as well as experienced investors looking to polish their portfolios so that they can build wealth not only for themselves, but for generations to come.
About the author
Laurens Boel has an honours degree in Computer Science from the University of Pretoria and is a director of several property companies. He advises local and international investors on property investments in South Africa. Since the publication of his first book, Financial Freedom Through Property, Laurens has grown a large online following with thousands consuming his content every week. Other than property, Laurens has interests in trading and online business. You can find out more about him on his website: www.laurensboel.com
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