Wealth is commonly defined as a state of having an abundance of material possessions or money
We believe Wealth is more than just money. It takes a lot more to be truly a wealthy person. This is a journey we take you on as one of our valued clients.
Wealth, as the world defines it, involves taking a variety of risks at a variety of degrees. It may be a short-term goal of creating a savings plan, purchasing your first car or a deposit for your first home. It can also be a long-term, complex goal to pay off your mortgage earlier, plan for early, comfortable retirement or to achieve financial freedom.
How to make your money work for you
At the core of Wealth Creation, you need to make money work for you, not the other way around. In order to achieve this, we need to have a clear understanding of your goals, your time-frame and your risk appetite. The right investments can help you achieve your goals earlier, grow your wealth and reduce your tax along the way.
You have a vast number of investment options from which to choose. Each carries its own advantages and disadvantages. Some are:
- Cash and savings
- Fixed interests and term deposits
- Investment bonds, government and insurance bonds
- Equities and shares
- Alternative assets
Start with why
At Wealth of Advice, we take you through an extensive process to ensure you are clear on your “why”. We help you set S.M.A.R.T goals, and make sure you are educated and have the right mindset throughout the journey.
We bring our expertise to the table to select the right investment plans, product options, taxation and structure strategies to match your needs, objectives and situation. Last, but certainly not least, our regular reviews and communications help you keep on track and make any necessary changes.