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The Secret Wealth Advantage

How you can profit from the economy's hidden cycle
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
The Secret Wealth Advantage guides readers through the impact of an 18-year economic cycle that has shaped periods of boom and bust for over two centuries. Author Akhil Patel explores how this cycle centres on the property market and reveals why it is often overlooked. Through historical data and vivid stories from past and present, the book explains the cycle's patterns and provides a practical strategy for investors. Following Patel’s guide helps individuals master seemingly chaotic financial markets by knowing when to invest, take risks, or safeguard their wealth.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for investors, financial professionals, and anyone interested in understanding economic cycles and improving personal wealth management through historical insights and practical strategies.

Book Hero thinking about your next read

Imagine if you had a guide to financial markets and the economy that you could use to make all of the key investment decisions in your life.

The Secret Wealth Advantage contains just that – a guide for your investment and business decisions, telling you what you need to know, what you need to do, and when.

Imagine if you had a guide to financial markets and the economy that you could use to make all of the key investment decisions in your life.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

During your life you will make many important financial decisions. Their success will be significantly affected by the state of the economy and financial markets when you make them.

Imagine if you had a guide to the future to help you anticipate periods of boom and bust and make decisions accordingly: when to invest and take risk, and when to sell or take measures to preserve your wealth.

The Secret Wealth Advantage is that guide.

To make better investment decisions at the right times, you need to understand the 18-year cycle. It is responsible for all of the periods of wild speculation and spectacular collapse that have been a feature of the modern economy for well over 200 years. At the heart of this cycle is the property market. Understand this and you will be able to forecast precisely what will happen next.

Using a treasure trove of historical data and entertaining stories from the present and prior periods, The Secret Wealth Advantage reveals everything you need to know about the cycle: where we are within it, why it happens, why no one sees it and what you need to look out for.

And, most importantly, The Secret Wealth Advantage provides you with a practical guide for what to do at each stage of the cycle. Put this into action and a world that appears complex and chaotic can be mastered. You will have an investment edge that seasoned professionals can only dream of.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Fred Harrison, economist and author, praises the book as an essential insight into economic cycles often missed by experts, highlighting its value in protecting against financial crises. Dr Daniel Crosby, author of The Behavioral Investor, commends Patel’s grasp of economic history and his practical advice for navigating market fluctuations, recommending it to all investors. A seasoned investor with experience managing over $80 million attests to the chaotic nature of markets and implies the book offers clarity.

Book Hero reading reviews

Book Details

INFORMATION

ISBN: 9780857198570

Publisher: Harriman House Publishing

Format: Paperback / softback

Date Published: 11 July 2023

Country: United Kingdom

Imprint: Harriman House Publishing

Audience: General / adult

DIMENSIONS

Spine width: 19.0mm

Width: 158.0mm

Height: 237.0mm

Weight: 480g

Pages: 316

About the Author

Akhil Patel has professional experience in audit, central government and international banking and has worked on a range of issues from reviewing large infrastructure PPP deals to helping establish the UK's Β£3 billion International Climate Fund. He has two Masters Degrees (in Finance and Public Policy) and a first degree in the Classics from Oxford. In 2013, he established Ascendant Strategy to produce research that helps investors make better investment decisions based on an understanding of the key economic and financial cycles driving markets. He is also himself a stock and property investor and so puts into practice what he researches.

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