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    The Necessity of Finance: An Overview of the Science of Management of Wealth for an Individual, a Group, or an Organization
    The Necessity of Finance: An Overview of the Science of Management of Wealth for an Individual, a Group, or an Organization
    The Necessity of Finance: An Overview of the Science of Management of Wealth for an Individual, a Group, or an Organization
    Ebook192 pages3 hours

    The Necessity of Finance: An Overview of the Science of Management of Wealth for an Individual, a Group, or an Organization

    By Dr. Anthony M. Criniti IV

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    About this ebook

    The fundamental principles of finance have very simple origins and one can trace their roots to the beginning of human civilization. But as a subject, finance has evolved—particularly in the past fifty years—into an extremely complicated and potentially confusing form. The Necessity of Finance: An Overview of the Science of Management of Wealth for an Individual, a Group, or an Organization seeks to provide a comprehensive and concise orientation for those seeking a more understandable presentation of the complex nature of finance. Using everyday terms and readily grasped concepts, Dr. Anthony M. Criniti IV, a former financial consultant and current university-level finance professor, sets out to detail the necessity of finance; to clarify the definition, purpose, and goals of both finance and economics; to explore financial concepts in a straightforward manner; and to stimulate interest and understanding that will lead to ongoing investigation.

    Finance, although highly interrelated with many subjects, is a separate field of study that is often confused with other areas, most notably economics. With world wealth accumulating to its highest point in history, the necessity to understand this subject on its own terms is more crucial than ever. The Necessity of Finance highlights the need to engage with finance as a separate science, clears up the confusion with related subjects, and coins the word "financialists" to identify the scientists in this dynamic field.

    Starting with a discussion about the need for finance, and moving forward to establish the definition, purpose, goals, and history of both finance and economics, presenting in the process the basic terminology necessary to understand these subjects, The Necessity of Finance will equip the beginner to intermediate level financial student with vital information and a clear approach for continued study. In addition, its unique perspective will be of value to the advanced student and the practitioner. Topics addressed include: What is the difference between money and wealth? What is the difference between investing and saving? What is risk and return? Major financial questions are also analyzed, including: What kinds of investments exist? What are the different techniques for selecting investments? What role does ethics play in finance?

    Finance is not an easy subject for the average student. While The Necessity of Finance does not replace the need for required college textbooks, it will serve as an indispensible supplemental learning tool that may clarify expectations of future financial journeys, whether it’s learning in a university or actively investing in the marketplace. In this extremely useful overview, Dr. Criniti demonstrates that finance is a very promising science that will benefit those who commit themselves to its study and practice.

    LanguageEnglish
    PublisherDr. Anthony M. Criniti IV
    Release dateNov 28, 2020
    ISBN9780988459519
    The Necessity of Finance: An Overview of the Science of Management of Wealth for an Individual, a Group, or an Organization
    Author

    Dr. Anthony M. Criniti IV

    Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist—he has revolutionized the academic foundation of the science of finance. Dr. Criniti considers himself a “financialist,” which is a term he coined in his 2013 book to distinguish the financial scientist from the “economist,” the economic scientist.A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, a financialist, a speaker, a survivalist, and has traveled around the world studying various aspects of finance.Dr. Criniti is also an award-winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). He is also a contributing author to the upcoming 13 book series called 13 Steps to Riches, which is a modern day interpretation of Napoleon Hill’s 13 Steps to Riches outlined in the classic book Think and Grow Rich (1937). Some of the authors that he will be co-writing with include Sharon Lechter (co-author of Rich Dad Poor Dad), Kevin Harrington (original shark from Shark Tank), and John Assaraf. As a prolific writer, Dr. Criniti also frequently contributes articles to Entrepreneur, Medium, and Thrive Global.Immediately following his undergraduate studies, Dr. Criniti began working at The Vanguard Group, one of the world's largest and most respected investment companies. Even though he was born into a poor working-class family, he had successfully rolled over about half of a billion dollars in retirement money by the age of 24. After Vanguard, Dr. Criniti worked as a respected and sought-after financial planner for many years before becoming a world-renowned finance professor at several universities. Throughout his professional financial career, he has also always been involved in the investment and development of real estate.Dr. Criniti holds a PhD in applied management and decision sciences with a concentration in finance. He earned his BBA at the prestigious The George Washington University with a concentration in international business. He earned a master of science in financial services from the highly respected The American College, where he also obtained prominent financial designations, including Chartered Financial Consultant (CHFC), Chartered Life Underwriter (CLU), Registered Executive Benefit Consultant (REBC), Registered Health Underwriter (RHU), and a Certificate in Financial Asset Management. Dr. Criniti holds Pennsylvania licenses in fixed annuities, life and health insurance, and real estate.Dr. Criniti has been featured in Booklist, Digital Journal, Entrepreneur, Fox Business, Market Watch (of The Wall Street Journal), Medium, MSN, News Break, Publishers Weekly, San Francisco Gate, Thrive Global, Yahoo Finance, and more.Dr. Criniti’s work has started a grassroots movement that is changing the way that we think about economics and finance. Learn more about him at Dr.Finance.info.Like and follow Dr. Finance:Amazon: https://www.amazon.com/author/financial-books-onlineFacebook: https://www.facebook.com/TheDr.FinanceGoodreads: https://www.goodreads.com/DrFinanceInstagram: https://www.instagram.com/thedr.financeLinkedin: https://www.linkedin.com/in/DrFinanceTwitter: https://twitter.com/DrCrinitiWebsite: https://drfinance.infoBlog: https://learn-about-finance.comClubhouse handle: @DrFinance

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      The Necessity of Finance - Dr. Anthony M. Criniti IV

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