Before you invest, click here for advice to keep your wealth with Gary Shilling's Insight.
Click here for advice to keep your wealth and subscribe to Gary Shilling's Insight.
The recent financial crisis showed us all how a buy-and-hold strategy will decimate your wealth.
You can visit www.sterlinglobal.com for more information about serious solutions for protecting your wealth.
To expand your legacy means taking a long-term view of your wealth, which means incorporating long-term investments.
Sure, putting a huge slug of your wealth in three stocks is not for the faint of heart.
If you have 60% of your wealth in aapl and your wife lays down the law you get sneaky.
Peddling supposedly exclusive unproven proprietary products which promise only to transfer your wealth to the bank is standard operating procedure.
FORBES: Develop a "Fiduciary Response" or You Will Get Scammed
Alas, taking the job with the better salary may maximize your wealth, but it will in all likelihood minimize your happiness.
God forbid you should die with a large IRA balance thereby denying the government a chance to tax your wealth twice more.
If your swimming pool got bigger during the decade, your wealth increased.
Click here for advice to keep your wealth in Gary Shilling's Insight.
It all comes down to how much short-term pain you want to endure in order to increase your wealth in the long run.
FORBES: Painless Ways to Save Money and Increase Your Wealth
But it is a backstop--a way to shield some of your wealth should you be hit with a big judgment that isn't fully covered.
Our central message is that trading is hazardous to your wealth.
You might invest hours of time researching managers, mutual funds, stocks or alternative opportunities, interviewing advisors, and calculating the impact of return on your wealth.
Or worse, have you delegated your wealth building to a non-professional?
Possessing the power and knowledge of how well you have increased the velocity of your savings and thereby your wealth-building creates options, alternatives and more life choices.
If you have two children and want each to share equally in your wealth, you could simply make equal gifts to each child and his family each year.
Whatever stage you are in for the accumulation, preservation or transfer of your wealth, you'll find something here that will help you make it last and even grow.
For example, if you have 20 years until retirement, investing your 401(k) plan into treasury bills, might not provide you with the return necessary to grow your wealth.
If you had bought stocks 35 years ago you would have multiplied your wealth ninefold--this despite inflation and despite the ferocious bear market near the beginning of your adventure.
The more you have in a single stock or industry, the more your wealth is exposed to sector fluctuations, which increases the odds that your portfolio will decline in value.
They include Serious Money, All About Index Funds, Protecting Your Wealth, All About Asset Allocation, The ETF Book and The Power of Passive Investing.
Last but not least, your wealth manager should take a holistic approach to managing your portfolio by initiating cooperation with your other advisers, such as accountants, lawyers and insurance agents.
Join Steve Forbes, income investing expert Richard Lehmann and growth superstar Jim Oberweis for an exclusive Webcast, The Forbes Investor Playbook: How to Safely Grow Your Wealth in 2013.
应用推荐