Friday, August 05, 2005

Wealth Accumulation Insurance

Not all of us are born with a silver spoon. Many believe that low and moderate income families cannot afford to save and build wealth. Yet, everyone has the ability to accumulate wealth over time. Through contributions to a retirement program, education investments, and other savings during their working years, most can accumulate six-figure assets. Accumulating wealth is not a mystery. It simply takes time, patience and the following7 steps:
  • Think long term and have realistic goals.
  • Know your risk appetite.
  • Start immediately.
  • Invest systematically/regularly.
  • Diversify your investments.
  • Take advantage of tax reduction strategies.
  • Stay on the course.

1 comment:

Anonymous said...

well.. it's like I said!