Dec 14, 2016
This series we’re talking about Building Wealth. But with interest rates at record lows for more than eight years, and with share markets seemingly more volatile than ever, how do you build wealth in a reasonable timescale? Today I’m going to sharing some practical steps to building wealth in a low-return world.
This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I’m doing, trying to get decent, easy-to-understand financial information out to the world. I’m very grateful to them for their support. You can see what they’re up to at 7im.co.uk
Plenty of people will try and sell you a get-rich-quick scheme. And plenty of folks, including me, will try to suggest that the best way is to build wealth slowly. But none of us want to put our lives on hold for fifty years while we scrape enough together to retire on. Is it really possible to save out of income and put enough aside to become financially independent?
I think the answer is a resounding ‘yes’ but we may need to think a little bit laterally to achieve our aims.
In this session, you'll discover:
Podcast: Risk, Volatility & Timescale
Podcast: Risk Tolerance and Risk Capacity
Risk Profile: myrisktolerance.com I
nvesting Course: Learn How To Invest
Audible audiobooks - Click here
I love to read and respond to your comments, so please do join in and share.
Question: What strategies are you implying to build wealth in a low return world? Share in the comments...
If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below: