It has been said that even the highest earners never become truly wealthy without growing a “savings habit”. Conversely, a modest earner can become a truly wealthy individual with a dedication to savings and a real understanding of the power of regular investment. We will show you the concepts that make this a powerful area of financial planning and introduce you to some magical techniques such as Pound Cost Averaging and phased investing. These are simple but highly effective concepts all too often missed in financial planning.
Before we do any of this, we must consider the key concept of risk and assess your appetite for financial risk. Maybe you should have a peek at our approach to risk here
- Albert Einstein, Mathematician, Physicist and general all-round genius