MT30 | Being Rich is Not the Same as Being Wealthy

MoneyTok: Practical Advice and Tips on Money, Investing, Wealth Creation and Financial Independence

Do you feel information overload in a world where every other person has their opinion on finances and investments? Are you also confused about which asset to buy given so many options? Meet Rajeev Prasad, an accidental investor who ended up diversifying his portfolio to include a lot of profit making assets and eventually creating wealth out of money.

Discussion Points

• (01:42) Who is Rajeev Prasad?
• (03:33) Rajeev as a single parent
• (04:53) Rajeev does not believe in calculated risks
• (06:53) Who did Rajeev start his investing journey
• (08:50) Rajeev’s portfolio diversification
• (09:16) Rajeev’s opinions on Real Estate
• (12:50) What is the difference between rich and wealthy?
• (21:19) What should you do when your salary increases?
• (23:19) How does disciplined investments work
• (26:40) How does socioeconomic surrounding impact your wealth

Your Guest

Our guest, Rajeev Prasad, is a senior management professional with exhaustive capabilities of a “Business Head” in establishing robust businesses with hands on business strategy, analysis, intelligence, continuity, compliance, operations, R&D and quality production deliverables.

Links

• Follow the show on Apple or Spotify
• View the transcript

Your Host

In a career spanning 20+ years, Amit Ray has been a corporate leader, entrepreneur and angel investor who has achieved a level of financial independence. In this show he discusses the practical aspects of personal finance based on his own learnings and insights from the experts and fellow financial enthusiasts he’s met along the way.

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