In the business world, wealth is a measure of financial resources.
Wealth is usually a measure of net worth. It is a measure of how much a person has in savings, investments and cash less any debts.
The 3 P's -
1. Power of Compounding - Longer the period, exponentially higher the multiple.
2. Pre - Requisites
Positive thinking
+
Time-tested Investment Philosophy
+
Inquisitive Mind
3. Practice
Vision to see
+
Courage to Buy
+
Patience to hold
Wealth is usually a measure of net worth. It is a measure of how much a person has in savings, investments and cash less any debts.
The 3 P's -
1. Power of Compounding - Longer the period, exponentially higher the multiple.
2. Pre - Requisites
Positive thinking
+
Time-tested Investment Philosophy
+
Inquisitive Mind
3. Practice
Vision to see
+
Courage to Buy
+
Patience to hold
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