Wealth Creation: Understanding Investment Vehicles. Types And Characteristics Of Wealth, Wealth Management Strategies
Wealth Creation: Understanding Investment Vehicles. Types And Characteristics Of Wealth, Wealth Management Strategies

How to Read Wealth Creation: Understanding Investment Vehicles. Types And Characteristics Of Wealth, Wealth Management Strategies MOBI

As you make profit of your talent and human capital, do not forget to invest wisely. This way your money can also work for you.Investing is not trading and has a vastly different goal, as trading, when done well, is about taking measured risks for discrete periods of time at sufficient volume as to generate profits, and typically involves wild swings in profitability. Investing is about minimizing risk to generate wealth over the long term, not generating short-term profits.Real wealth lies in long term investment such as owning gold and other investment vehicles.To take the leap from simply having money to being wealthy, you need to do one of two things, if not both:OwnInvestOwning may prove safer than investment, but is often more expensive at the outlay. Owning property or a profitable business can result in fantastic yields from rent and profits.Investing means you need to take on relatively higher risk, however, investing in assets that accumulate over time will carry your money toward wealth.Even with aggressive saving, there’s a hard ceiling on how much money you can make. Investing will take you past that ceiling.Moreover, investing is how you get your money to grow exponentially, the key to wealth creation.To support what has been said so far, here are three tips from one of the world’s greatest investment guru. ---Warren Buffett “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.”“Risk comes from not knowing what you are doing.”Wealth creation takes a lot more effort to plan. Would you hope to complete a journey without knowing the route? Of course not, and the same applies here.This Book “Wealth Creation” will be of a great help to you. Enjoy!

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  • Released: November 16, 2020
  • Author: Gloria Jubi
  • Rating: 5
  • Publisher: Ebook DIgital Agency
  • Total Page: 741 pages
  • File Size: 3670 KB
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