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.
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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
Podcast: Cashflow or Capital Gains, with Buck Joffrey
Risk Profile: myrisktolerance.com I
nvesting Course: Learn How To Invest
Audible audiobooks - Click here
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Question: What strategies are you implying to build wealth in a low return world? Share in the comments...
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