Health of Wealth !!!
Although different from banal adage ‘Health is Wealth’, it is also important to pay a keen attention to maintain a good health of your wealth.
Wealth Creation relatively easier today :
With plethora of opportunities and the exposure to facilities (thanks to “.com” revolution & open market economy), the entry barriers to lot of business domains are dropped. So many businesses kick off with reasonable or sometimes negligible capex and succeed! Although, creation of wealth is easy, it needs channeling and proper management through a trusted financial advisor like Cedrus, to help you maintain its health!
CONCLUSION: WEALTH CREATION IS NO MORE HERCULEAN PHENOMENON!
But… Wealth Sustainability is not getting its due:
After all the celebrations of wealth creation, which may echo the sentiments of bringing a new life on earth, it becomes necessary to be responsible to nurture the baby (read baby as wealth/assets created) just delivered. Lots of individuals bask in the glory of wealth creation and lose the steam needed to maintain the health of wealth. The dire need to seek a good advisor for maintaining that health is often neglected!
REMEMBER; WEALTH DOES NOT GROW ON ITS OWN!!!
Regular health check-ups for wealth:
So like we do go for health check-up and necessary vaccination of toddlers, it is necessary of keep checking whether the wealth one has created, is aligned to its targets(based on goal-based or risk-based strategy)…this is first. Secondly keeping track of proportions in which wealth ‘injections’ are needed and how the chunks are invested with right balance.
ASSETS DEPRECIATE BUT EVEN THEY NEED APPRECIATION!!
More it grows more care it needs :
One day the baby grows up and needs more investments to survive… education,business etc. So watch whether your wealth grows in line with future and is marked up with inflation and stays health in its teenage and then prepared for it geriatric walks.
TREAT YOUR WEALTH AS IF ITS HUMAN AND PREPARE CHECKLIST OF CARE!!!
Cedrus Wealth Partners have an experience of 10 years of wealth creation! It helps you maintain and invest your hard earned wealth to keep it healthy and growing through various services.
So, one last thought to ponder here. If you agree to the sentiments portrayed above, do yourself a favour. Ask yourself a simple question; “Am I seeing a right (wealth) doctor???”
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