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Posts Tagged ‘investment wealth management’

Thomas J. Stanley and William D. Danko in his book Millionaire Next Door
In the book Millionaire Next Door, Danko and Stanley defines rich as a pleasure to have assets to grow significantly, compared to only displaying consumptive lifestyle. You must have a strategy for investment wealth management Danko and Stanley erase the image of a general idea of the rich (fancy cars, big houses, expensive suit) on the other hand, according to the research they do, often, the rich man is one who frugal and simple.

So how do I determine a person rich or not? One way is to assess the level of net worth based on the expected based on income and age of a person as a wealth of investment management. In other words, the higher the income, and he’s getting older, it should have the higher net worth is collected with the assumption that he continued to work for reach a wealth of investment management.