Both Paul Singh, who is 68, and son Jay Phoenix Singh, 32, built successful businesses that they were then able to sell for premium prices, making both men multi-millionaires. - $50 in his pocket -Paul Singh arrived in the United States at the age of 20 to pursue his graduate studies with "50 dollars" in his pocket. With doctorates in psychiatry and psychology, Jay Phoenix has been one of the youngest lecturers at some of the most prestigious US and British universities (Princeton, Harvard, Oxford, Cambridge). Neither father nor son invests in stocks, preferring the ETFs (exchange-traded funds) that are less speculative but still provide attractive returns. "Those lessons are good lessons... not being scared by things," said Paul Singh.

Source: Mint May 05, 2019 05:48 UTC