- Wealth Creation : To create is to cause something into existence not through natural evolution, but from ones own thought or imagination as in invention.
- This definition is important for the concept of wealth creation. It is essential to note that wealth creation is a gradual process. Wealth is not made in a day.
- Wealth is accumulated over time. This ideology of accumulating wealth over time in order to create it leads us to the next key word – Investments
- Wealth like a tree grows from a tiny seed. The first money you keep is the seed from which your tree of wealth shall grow.“
To be a successful long-term investor, it is imperative to not only design a well-balanced portfolio of investments, but also maintain the correct asset allocation within the portfolio. With a major contribution of 95% to a portfolio’s returns, asset allocation is a function of the risk appetite and goals of a client.