Wealth Management – Balancing the Business of Passive Income by Martha Stark
There's no quick fix for successful wealth
management... and anyone who's told you it's as simple as a 7-step plan
is lying to you. What you need is a firm foundation – only then are you
in the right place to start building.
If you’ve been looking at step-by-step guides to wealth management, it’s time to take a look at the bigger picture.
These
guides may sound like the answer to all your problems, but they should
be taken with a pinch of salt. In order to truly make the right
decisions for your own unique situation, you need to get under the hood
and understand the factors that affect how you should approach your
finances.
Think of the world’s richest people: Elon Musk, Jeff Bezos, Bill Gates…
How did they build their wealth?
It
wasn’t through reading a quick how-to guide – it was by understanding
exactly what goes into the accumulation of wealth and applying their
skills to make sure their money grew at every possible opportunity.
It was about stimulating their creative thinking and understanding how to manipulate the factors that govern money.
That
goal may seem like a dream… but it’s within your reach – as long as you
stop expecting a quick fix, and you're willing to get deep into how
wealth management works and what that means for you.
If
you’ve been preoccupied with how to make more money, only to find
yourself fighting an uphill battle, this is a sure sign you’re missing a
vital piece of the puzzle.
Because successful wealth management is not about how to make money… but about how to keep it.
And
this book is going to guide you through everything you need to know to
build a solid foundation to work from. Inside, you’ll discover:
- The most influential banks in the world – and why you need to know about them
- Everything you need to know about how your money is controlled – and by whom
- 2 key figures whose work you absolutely must know if you’re serious about successful wealth management
- Funds and investments demystified – uncover crucial information in order to build your winning formula
- A comprehensive guide to investment opportunities – along with essential history to give you a deeper understanding of what’s best for you
- Why everything you know about financial ‘rules’ is getting in your way – and how to bend them to your own personal strategy
- Top considerations for a successful wealth management strategy – get to know the nuts and bolts before you set off on the wrong path
And much more.
Before you can make sure your passive income streams are building you the wealth you’re aiming for, you need to understand the key principles of wealth management.
Only then will you unlock the doors to creative planning and find the perfect way for you to seek out the opportunities that will be key to your success.