Financial wealth is essential (though not the only ingredient) for a happy life – it is the only way to meet all our needs and desires – things that we need, a house that we desire, children’s education, children’s marriage, medical contingencies, retirement fund, etc., etc. – it’s an endless list. In the latter part of life, it means freedom – to live a lifestyle of your choice without worrying or depending on anyone.
Most of us have two stages in life-the wealth building phase, and then using that wealth. Needless to say, the earlier we start, the better it is in life – We get more time to build and can take more risks (the key to higher returns).
Wealth has never been created by investing in fixed deposits or other debt instruments, and contrary to popular belief – not even in gold. You need to earn high returns on your savings compounded over long periods of time. Real estate and equity have been two wealth builders for investors in the long run.
In the post retirement stage (if one can afford it), our wealth is all we have – allowing us to live free; a lifestyle of our choice. While we cannot take as much risk, we still need decent returns to manage the ever increasing costs of living.
We at WealthBridge specialise in building and managing wealth, with an exact understanding of your needs and circumstances. We can help you assess your financial goals, manage a balance between risks and returns at different stages of your life, and build wealth over a period of time.