Wealth Management Lesson

Wealth Management should be a priority now that you have invested wisely, increased your savings, taken advantage of your 401K, created an estate plan and a solid financial plan your wealth has to be managed. Companies will be anxious to help you manage your wealth once you reach a net worth of approximately $150,000. Banks and brokerage houses have special types of services for their high net worth customers. Some of the available services are:

• Stock and Stock Trading
• Equity Linked Investments
• Structure Savings Products
• Structured Investment Products and Derivatives
• Foreign Exchange
• Mutual Funds and Unit Trusts
• Property Management and Investments

The big question here is do you want to trust your wealth management to someone else or do you want to do it yourself.

If you choose to manage your own wealth you will have to study to learn how to invest your hard earned money. You will need to learn how to balance your portfolio by knowing how much to put in a savings account, how much to invest in equities such as stocks, bonds and mutual funds. To learn this type of information you will have to study many different investment and wealth management books.

I found a great website to help you navigate through the wealth building process. Jason does and excellent job of showing you the steps you need to take to build your wealth.


Wealth Building Principles.com is an educational and informational website encompassing the principles of building wealth including success principles, business principles, networking principles, money-making principles, investment principles, and much much more.

I personally have not had the greatest experience trusting someone else to manage my money so I have resorted to handling my own wealth. I don't want to insinuate that all financial managers can't be trusted with your finances, I'm merely saying I have not had great experiences. I think it is a personal choice and suggest if you do use a broker or adviser make sure you get a recommendation from someone you know that has had experience with the adviser. And I still recommend that you check them out to make sure they don't have a bad reputation.

I have learned to balance my portfolio by keeping part of my money in a balanced mutual fund, part in equities, part in real estate and and part in cash. I adjust the percentage according to my age and changes in my life. For example when I was in my 30's I had about 75% of my funds in stock but as I got older I adjusted that down to approximately 25%. As I get older I will move even more out of stock and into more fixed income investments such as bonds.

Wealth Management Book

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