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Wealth management
WEALTH MANAGEMENT

Definition: (informal) The control of a large amount of money, property, etc. or riches, that is owned or is being looked after.
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* All eight elements should be in.


1. Purposeful and necessary.

2. Periodic and regular updates are provided for the owner(s) of the wealth.
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WHATEVER THE FORM/NATURE OF ASSET OR...



Quote: "It is health that is real wealth and not pieces of gold and silver". - Mahatma Gandhi.
Below the Line
1. Wealth does not reduce in real value after, or over, a period of time.

2. Investment or management is in only legal ventures and endeavours.
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WHOEVER THE MANAGER(S).


3. Wealth is not invested in what can cause damage to the environment, notwithstanding if the investment is legal, approved or authorized.

4. There would be no loss of human life as a direct result of the investment, whatever the gains and/or profit made.

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MEGABUCKS OR PEANUTS, A HIGH-RISE OR BUNGALOW, SHARES/STOCKS, ETC.


further below the line


1. Wealth, especially the principal (if applicable), is available and/or accessible whenever needed.

2. Serves purpose(s) - immediate or future use, sale, reinvestment, etc. (connect to #1 below the line).
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* NOT WEALTH WITHOUT WORK !



Quote: "If you have health you probably will be happy, and if you have health and happiness, you have all the wealth you need, even if it is not all you want". - Elbert Hubbard.

Quote: "There will always be speculation of some kind. If you throw it out of an organized exchange, you throw it out into the street". - H.C. Emery.

Quote: "The economic and technological triumphs of the past few years have not solved as many problems as we thought they would, and, in fact, have brought us new problems we did not foresee". - Henry Ford II.

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