How Much Liquidity Does Your Portfolio Need During Ages 30, 40, 50, 60+

The global market’s volatility and increasing inflation is likely a cause for concern as you manage your portfolio.  With these challenges, it’s advisable to incorporate liquidity into your planning.

Liquidity is described as the amount of cash you can readily access, or how quickly you can convert assets to cash. The need for liquidity can vary depending on your age and risk tolerance, and short and long term financial goals. We’ve asked financial experts for their advice about how to plan your liquidity strategy as you age.

Liquid emergency savings for unforeseen life events

According to financial experts, you should have about six months of liquid living expenses set aside in an emergency fund, if you encounter a job loss, experience a medical emergency or have a sudden expense like a car repair.

“At any age we recommend an emergency fund in cash or cash investments to cover roughly six-month expenditures.”

“At any age we recommend an emergency fund in cash or cash investments to cover roughly six-month expenditures,” says Rob Williams, CFP®, CRPC®, managing director, financial planning, retirement income and wealth management, Schwab Center for Financial Research. “They can cover a one-time surprise expense or tide you over if you have an illness, change jobs, or have another expense, to help avoid the need to sell investments.”

How your age factors in on your liquidity path

According to Williams, investors aged 30 to their early 60s and still working and who do not need money from their portfolio soon could start with around 5% of their portfolio in cash and cash investments, based on the time horizon and risk tolerance.

And, for investors nearing retirement, when they may need to start tapping their portfolio, or another goal, such as paying for a child’s education, may want to hold a higher proportion in cash and cash investments in their portfolio, Williams says.

“We suggest, generally, that investors hold the next year of money that they may need to withdraw from a portfolio, to pay for a goal or expense in cash or cash investments.”

“We suggest, generally, that investors hold the next year of money they may need to withdraw from a portfolio, to pay for a goal or expense, in cash or cash investments,” Williams explains. “This is a good guideline, to determine how much you might want to hold based not just on your age, but your goals as well.”

How goals can influence your decade-by-decade liquidity decisions

John Pilkington, CFP, senior financial advisor with Vanguard Personal Advisor Services, also recommends setting aside 3-6 months’ worth of expenses in an emergency fund, and, given an individual’s or couple’s lifestyle and financial goals, he advises to consider how liquid reserves fit into a broader financial plan.

“For example, if someone is in their early 40s and is planning a significant purchase, such as a vacation property, in the near future, they will have significantly higher liquidity needs than someone of the same age who is only saving for longer term goals,” he says.

Other factors that can impact your need for liquidity could be financing a child’s education or creating a retirement plan.

“Typically, those in their 30s and 40s have competing financial goals – think paying down a mortgage, student loans, saving for children’s future college expenses, saving for retirement – and therefore have a higher need for liquidity should they need to tap funds amid planning other financial obligations,” Pilkington says.

As he mentioned,  a challenge that many in these 30s to 40s decades face is the ability to create liquid reserves, as their competing goals are co-existing among higher debt burdens.

“This audience can benefit from looking at alternative sources of liquidity – such as a home equity line of credit, tapping a Roth IRA, or a personal loan,” adds Pilkington.

Source: How much liquidity does your portfolio need during ages 30, 40, 50, 60+ ? | Fox Business

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Critics:

Liquidity becomes even more critical to consider in the context of an investor’s financial goals. For most, goals can be described most simply as certain amounts of money needed at particular points in time. However, when the time comes, investors will likely need to fund their goals in the form of cash, rather than in the form of financial securities or art.

Of course, exceptions exist for example, a charitable donation of stock or repurposing a piece of real estate investment property to serve as a retirement home. Your financial advisor has the tools and resources to incorporate your financial goals into your long-term plan. To illustrate this, consider a goal of funding a child’s university education. For most, this involves multiple payments of cash over the course of a few years at some point in the future.

When the tuition due-date nears, the portfolio of securities would likely need to become less risky, more stable, more liquid, and more accessible in order to ensure the tuition payment clears. The graph below depicts a hypothetical example of how the cash required over the child’s age increases as he approaches his college education years – requiring strategic planning for liquidity needs.

Especially in the case of relatively large financial goals such as funding higher-education, the chances that your goals become a reality can be improved by starting early, having a long-term focus, and putting a plan in place with your financial advisor.

More contents:

Liquidity – Dictionary Definition of Liquidity”. About.com Education. Archived from the original on 17 April 2015. Retrieved 27 May 2015.

Keynes, John Maynard. A Treatise on Money. Vol. 2. p. 67.

TradeLive”. TradeLive.in. Archived from the original on 26 December 2017. Retrieved 27 May 2015.

The Performance of Liquidity in the Subprime Mortgage Crisis” (PDF). New Political Economy. 15 (1): 71-89. doi:10.1080/13563460903553624. S2CID 153899413.

Mifid ushers in a new era of trading”. Financial Times. Retrieved 27 May 2015.

Understanding Financial Liquidity”. Investopedia.com. Investopedia US. Archived from the original on 3 May 2018. Retrieved 11 August 2014.

Why Stocks Are Rising: It’s The Liquidity, Stupid!”. Yahoo Finance. Archived from the original on 1 June 2013. Retrieved 11 August 2014.

Liquidity: Finance in motion or evaporation”, lecture by Michael Mainelli at Gresham College, 5 September 2007 (available for download as an audio or video file, as well as a text file)

The role of time-critical liquidity in financial markets by David Marshall and Robert Steigerwald (Federal Reserve Bank of Chicago)

Financial market utilities and the challenge of just-in-time liquidity

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What Is Income-Contingent Repayment?

Income-Contingent Repayment, or ICR, is a repayment plan that bases the loan payments on a percentage of the borrower’s discretionary income, as opposed to the amount owed. ICR first became available in 1993, although it wasn’t used by borrowers until 1994.

ICR is one of four income-driven repayment plans. The others are Income-Based Repayment (IBR), Pay-As-You-Earn Repayment (PAYE) and Revised Pay-As-You-Earn Repayment (REPAYE). ICR generally has the highest monthly student loan payment of the four income-driven repayment plans.

Eligible Loans

ICR is only available for loans in the William D. Ford Federal Direct Loan Program (Direct Loans).

ICR is not available for loans in the Federal Family Education Loan (FFEL) or Federal Perkins Loan programs, although FFEL and Federal Perkins loans can be made eligible by including them in a Federal Direct Consolidation Loan.

Federal Parent PLUS Loans are not directly eligible for any of the income-driven repayment plans. However, if a Federal Parent PLUS Loan entered repayment on or after July 1, 2006 and is included in a Federal Direct Consolidation Loan, the consolidation loan is eligible for ICR but not any of the other income-driven repayment plans.

Loan Payments

Monthly student loan payments in ICR are based on the lower payment calculated using two formulas.

  • The primary formula, which is dominant for most borrowers, is based on 20% of discretionary income. Discretionary income is defined as the amount by which adjusted gross income (AGI) exceeds 100% of the poverty line. This is a larger percentage of discretionary income and a larger definition of discretionary income than the other income-driven repayment plans.
  • The secondary formula is based on the monthly payment under a 12-year level repayment plan multiplied by an income percentage factor (IPF). The IPF is based on the borrower’s AGI and tax filing status. The IPF ranges from slightly more than 50% for low-income borrowers to 200% for high-income borrowers. The IPF is 100% when the AGI is slightly more than $60,000. The IPF is adjusted annually, based on inflation.

ICR does not have a cap on the monthly student loan payments, so the payments will increase as income increases. (The secondary formula does not really function as a cap on the monthly student loan payments because the payment increases as income increases.)

ICR also does not have a marriage penalty. If a married borrower files federal income tax returns as married filing separately, the loan payment under ICR is based on just the borrower’s income. Otherwise, the loan payment will be based on joint income.

The minimum payment under ICR is zero if the calculated payment is zero, otherwise it is $5.

Treatment of Interest

Student loans can be negatively amortized under ICR. This means that the loan payment is less than the new interest that accrues. Any accrued but unpaid interest is capitalized annually, causing the loan balance to increase. Interest capitalization stops when the total capitalized interest reaches 10% of the loan’s original principal balance.

The federal government does not pay any of the interest under ICR, not even on subsidized loans.

Repayment Term and Loan Forgiveness

The maximum repayment term under ICR is 25 years (300 payments). It is the same for borrowers who have undergraduate and graduate loans. Any remaining debt is forgiven after 300 payments are made under ICR, including a calculated zero monthly payment.

If the borrower qualifies for Public Service Loan Forgiveness, the remaining debt is forgiven after 10 years’ worth of payments (120 payments). Assuming an AGI of $30,000, the initial monthly student loan payment in ICR will be about $285 for a family of one and about $58 for a family of four.

This increases to about $619 and $392 for an AGI of $50,000 and to about $952 and $725 for an AGI of $70,000. These payment examples assume a 2022 poverty line of $12,880 for a family of one and $26,500 for a family of four.

I am Publisher of PrivateStudentLoans.guru, a free web site about borrowing to pay for college. I am an expert on student financial aid, the FAFSA, scholarships,

Source: What Is Income-Contingent Repayment?

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Critics:

By: Ryan Lane

Income-Contingent Repayment costs more each month than other income-driven repayment plans. ICR caps payments at 20% of your discretionary income and lasts 25 years. Still, this plan may be your best income-driven choice in the following instances:

  • You have parent PLUS loans or a consolidation loan that includes parent PLUS loans.

  • You want slightly lower payments to potentially pay less interest.

All income-driven plans share some similarities: Each caps payments to between 10% and 20% of your discretionary income and forgives your remaining loan balance after 20 or 25 years of payments. Use Federal Student Aid’s Loan Simulator to see how much you might pay under different plans.

You must enroll in Income-Contingent Repayment. You can do this by mailing a completed income-driven repayment request to your student loan servicer, but it’s easier to complete the process online. You can change your student loan repayment plan at any time.

• Visit studentaid.gov. Log in with your Federal Student Aid ID, or create an FSA ID if you don’t have one.

• Select income-driven repayment plan request. Preview the form so you know what documents to have ready, like your tax return.

• Choose your plan. If you qualify for more than one income-driven repayment plan, you can be automatically placed in the plan with the lowest payment or specifically choose ICR if it makes the most sense for you.

• Complete the application. Enter the required details about your income and family. Remember to include your spouse’s information, if applicable, as it will affect your payments under ICR.

More contents:

How are income-driven payments calculated?

Income-driven repayment: Is it right for you?

What is income-driven repayment?

Student loan repayment process: Everything you need to know

How to pay off parent PLUS loans

How to get parent PLUS loan forgiveness

What is income-driven repayment?

What is income-driven repayment?

Repaying your student loan

Learn Now, Pay Later: A History of Income-Contingent Student Loans in the United States

Calculate your payment on an ICR plan

How to apply for an ICR plan

Income-Contingent Repayment and student loan forgiveness

Alternatives to an ICR plan

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US Treasury To Allow Russia Bond Payment To Go Through In Dollars

Russia says it made a $117 million bond payment — a move to avoid defaulting on its debt — and the US Treasury Department said it would allow the installment.

Russia’s finance minister told state-run media Thursday that the country fulfilled a debt obligation, and noted that it’s up to the US as to whether the payment would be allowed. The Treasury said it would let the payment go through.

Reuters reported Thursday that correspondent bank JPMorgan received the payment and made a credit to the paying agent Citigroup, which is responsible for distributing the money to investors.

Representatives from Citigroup and JPMorgan declined to comment on the matter. A report from Bloomberg said Russia’s finance ministry ordered the interest payment on Monday, ahead of its Wednesday due date.

US sanctions on doing business with Russia’s central bank and other institutions won’t block Moscow from making payments to Americans on dollar-denominated debt until just after midnight on May 25, a Treasury spokesperson told Bloomberg.

Russia earlier said if its dollar payments weren’t allowed, it would repay its foreign debt in rubles. Credit ratings agency Fitch said that could amount to a default as investors expected to be paid in dollars.

So far, the bondholders haven’t received the bond payments yet, sources told Reuters.

Russia has been teetering on its first foreign-currency bond default since 1918, during the aftermath of the Bolshevik Revolution. The $117 million interest payment on two dollar bonds was a key test for a country whose credit rating was recently slashed to junk from investment-grade.

Putin’s forces launched a full-scale attack on Ukraine last month, unleashing a wave of sanctions from the West that have largely cut off Russia from global financial markets and blocked it from accessing about half of its $640 billion in foreign currency reserves.

By:

Source: US Treasury to Allow Russia Bond Payment to Go Through in Dollars

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Critics:

Russian Finance Minister Anton Siluanov told Russia state-run media outlet Russia Today that the country fulfilled its obligations to foreign creditors, though he added that the payments may not go through since they’re at risk of being blocked by the US.

A spokesperson for the US Treasury Department told The Post that Washington would allow the payments to go through.

Siluanov claimed the “possibility or impossibility of fulfilling our obligations in foreign currency does not depend on us.” Siluanov said the US and EU sanctions have frozen some $315 billion worth of foreign reserves.

If the US blocks the payment, Russia could try to pay in rubles, but the currency has been so devalued that the country would have no choice but to default on its debt, according to credit ratings agency Fitch.

Dmitry Peskov, the spokesperson for the Kremlin, said any default would be “entirely artificial” since Russia had the money to fulfill its debt obligations.

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Greenlight Debit Card and App Helps Kids and Parents With Money

Piggy banks may still be useful for some — but Greenlight, an Atlanta-based debit card and financial trainer app, is aimed at kids and parents as the latter teach the former about how to grow and manage money in 2022 and beyond.

“Greenlight is the family finance company that’s on a mission to help parents raise financially smart kids,” Greenlight founder and CEO Tim Sheehan told Fox News Digital in an email exchange on Thursday, Jan. 27, 2022.

Greenlight, a start-up that’s only a few years old, today serves more than 4.5 million parents and kids. The company says families have saved more than $200 million and invested more than $10 million toward their financial futures through its programs.

Tim Sheehan is founder and CEO of Greenlight; he shared insights with Fox News Digital. He says that children can “learn to spend wisely” with his company’s debit card and app, with the help of guardrails and guidance.  (Greenlight)

“Financial literacy is one of the most important factors in our health and well-being,” Sheehan also told Fox News Digital, adding that it’s “the gateway to building a strong financial foundation for the future.”

He also that children need to understand the “difference between wants and needs. This is a financial fundamental … Once you help your kids nail this down, they can start learning how to spend wisely.”

What does the Greenlight card do?

The basic concept is simple: Teach kids how to handle money via a debit card that requires parental guardrails and guidance. After signing up for the service, parents load money onto the child’s debit card.

Kids can then use the card to make purchases virtually wherever Mastercard is accepted. Parents can also help kids set up the card to work with Apple Pay and Google Pay.

What does it cost?

The price of the basic service plan starts at $4.99 a month for up to five children. Plans that include investing for kids and parents, 1% cash back, and other premium perks are $9.98 per month.

How does the app work?

There is more to Greenlight than a debit card. Its app is useful for basic budgeting and handling transactions — and can be used for investing, too.With the app, kids can save, donate, and invest money. They can keep an eye on their balances, set financial goals, and research stocks.

The Greenlight debit card — controlled by parents — allows children to make purchases and track their spending; in addition, a companion app helps them understand how to budget for big-ticket items, and even invest. (iStock, File / iStock)

For example, a child might set a goal of earning and saving money for a new skateboard — then track his or her progress toward earning enough money to actually make that purchase.

Parents can set up the app to allow kids to experience the real-life rewards of earning, spending, saving, and investing — with a built-in cushion that prevents them from making any seriously devastating choices.

The app enables parents to put training wheels on kids’ financial habits. When the kids are ready to do it on their own, the training wheels can be removed over time.

How does the card help kids?

Young people aren’t often taught how to be financially responsible or literate — with dire consequences. Young adults may complete high school and even college without a fundamental understanding of how to earn, save, and grow their money over time.

In this image, a child is shown putting a coin into a piggy bank at home. A relatively new debit card service and app called Greenlight — five years old this year — helps children learn to use money wisely and budget for the future.  (iStock, File / iStock)

With the Greenlight app, kids learn early on to connect the work they do (such as household chores) with expanding balances — then to connect those growing balances with greater buying power.

When parents offer monetary incentives based on the quality of chores done, kids learn that work done well will be better rewarded than work done poorly. This valuable lesson will pay off when those children grow up and enter the workforce.

Though parents can put strict controls on how much a child can spend in a given category, some kids learn best by actual experience — even if that experience leads to temporary disappointment.

Some experiential learners might benefit from having the opportunity to spend a bit too much on frivolous items — then see exactly how poor choices delay the achievement of larger, more desirable goals.

Parents can allow kids just enough over-spending in one budget category to teach a lifelong lesson.

Why are adults using this card, too?

As a fintech app, Greenlight provides adults with a means of investing. “Fintech” refers to the use of technology to “improve and automate the delivery of financial services,” according to Investopedia. (Cryptocurrency, robo-advisers, and blockchain-based open banking are a few prominent examples.)

With Greenlight, parents can set up brokerage accounts to help fund college tuition, first cars, or other sizable expenditures. Families can also use the app to research investments in stocks and EFTs. How have young people improved their ‘financial literacy’ through these products?

Greenlight’s CEO Sheehan told Fox News Digital that in his view, “Gen Z is the most entrepreneurial generation to date, with 62% of Gen Zers indicating they’ve started or intend to start their own business.” He said that many “Greenlight kids” have become entrepreneurs and begun their own businesses.

Sheehan added that a 12-year-old girl used the card and app to start her own face mask business during the pandemic — and that she now donates 20% of her sales to charity. Another young person, a 14-year-old based in Alaska, used his savings from Greenlight to publish a book series, Sheehan said.

What’s the biggest mistake parents make in teaching kids about money?

“The biggest mistake parents make,” Sheehan said, “is not talking about money.” He added, “Kids and teens need to be taught that money is earned along with the importance of saving, spending wisely, and investing for the long term.”

Source: Greenlight debit card and app helps kids AND parents with money | Fox Business

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What The Wealthy Don’t Want You To Know About Money

When someone says they want to “strike it rich,” they often mean with a once-in-a-lifetime event. Think, a lucky investment, winning the lottery, or selling an idea on Shark Tank that catapults them into the pantheon of millionairehood.

While it’s not impossible to get wealthy off a one-shot, the truth is that most “new money” millionaires didn’t get lucky. Instead, they built their wealth with smart financial planning, expert advice, financial literacy and goal setting.

And if that’s news to you, you’re far from alone. While the rich aren’t sitting on some big, unknown money secret, they don’t often go out of their way to educate the masses.

But we do.

Without further ado, here are the 14 secrets that the wealthy don’t want you to know about money – and how you can make them work for you.

Getting Started

1. Setting goals is the secret to getting started.

“Wealth” is a subjective term. If you’re living on $25,000 a year, then $1 million and an LA mansion may seem incredibly wealthy. But if you’re living in LA on $1 million a year, then wealthy probably looks more like $100 million and a garage full of expensive cars.

This discrepancy in perception and values are part of why it’s important to determine what “wealth” means to you – and then set goals to get there. For instance, you may decide you want to change careers, start a family or become a millionaire by 35. Then, it’s about devising an action plan with annual achievements to make your to-dos been-dones.

2. Always align your spending with your goals.

As you’re building wealth (and after), keep your spending in line with your goals. Know what you care about, be it attaining a lifestyle, achieving feats or passing on wealth. Then, take care to avoid wasting resources on things and activities that have no value to you – and invest heartily in education, hobbies, passions and goals that do.

Whether that’s forgoing restaurants while you take night classes or skipping the new car to buy a rental property, spending money on the things that advance your goals pays off in the long run.

3. A solid savings strategy bolsters success.

A savings strategy buffers your finances and increases your liquidity. While the goal is to save 15-20% of your income every month, beginning with just 1% is better than nothing!

One great way to ensure consistent savings is to automate depositing a portion of each paycheck into your savings accounts. Adding extra funds when you get a bonus, raise, or even Christmas presents can help you build wealth even faster.

You’ll also want to have a smaller, separate emergency account to cover unexpected expenses. Aim to build anywhere from 6-12 months’ worth of expenses in your emergency fund – and when you use it, replace it!

4. Keeping up with the Joneses is a one-way ticket to Poorville.

You might think that a lavish lifestyle is a true reflection of wealth – and for many, it is. But plenty of “wealthy” people drown in debt to keep up appearances. Meanwhile, those with true wealth often live frugally, invest often, and spend under their means.

The reason is simple: the desire to appear wealthy sabotages your goals and puts your money to work in dead-ends. Shrugging off the desire to keep up with the Joneses and focusing on your own wealth-building, not trying to show off, is the best way to ensure you can afford all the fancy toys you want later.

5. Hire a winning team.

One of the biggest “secrets” about wealthy people is that they rarely know what they’re doing. What they do know is that they can pay someone else to handle their affairs and dispense advice.

For instance, a fee-only financial adviser can point you to new money-making strategies, which your financial lawyer can vet for legal consequences before your tax professional minimizes your burden to Uncle Sam.

While the upfront cost seems prohibitive, investing in a support system now increases your chances of success later.

Making Money Work for You – Not Someone Else

6. Using other people’s time (and money) helps you get ahead.

Two of the best ways to become wealthy are to become your own boss and use other people’s money instead of your own. As an employee, you work to enrich your boss; and using your own capital limits your success to how much you can personally front.

But starting or buying a business, often with capital raised from banks or investors, accomplishes both goals at once. And if owning a business isn’t your forte, you can still use borrowed funds to invest in real estate, the stock market, or someone else’s big idea.

7. Fees eat success for breakfast.

Every time you pay a fee to manage your money or service a debt, you’re funding someone else’s path to wealth. Whether you pay banking fees, high-interest debt, foreign transaction fees, overdraft fees, ATM fees, commissions on investments, mutual fund expense ratios…

The point is, there are a lot of fees out there, and the more you pay, the less you have. Thus, when possible, opt for no-fee accounts, low-cost index funds, and 0% APR credit cards.

8. Watch your credit card usage (or avoid them entirely).

Taking out a credit card encourages living beyond your means and paying interest to do so. As such, many financial experts advise cutting up your cards, avoiding them in the first place, or only using them to further your goals. (For instance, if you use them to cover bills and pay off the balance immediately to build your credit).

If you do use credit cards, look for rewards cards that pay out in cashback or air miles, carry fraud protection, and have extra perks like built-in travel insurance. And never, ever take out a high-interest store credit card.

9. Charity is good for the soul – and your wallet.

Donating money or supplies to charitable causes doesn’t just further noble goals; it’s also good for your finances. If you itemize your tax returns, you can deduct charitable contributions to qualified organizations. And the more you can deduct, the less you’ll have to pay come tax time.

Investing: The True Secret to Wealth

10. Your money should work for you.

One of capitalism’s unfortunate realities is that working hard doesn’t always equate success. If your only income is trading time for money, your earnings potential is capped at the number of hours you work in a week.

But the wealthy understand capitalism’s dirty secret: the true path to success lies in passive income. Whether that’s investing in stocks, buying real estate, or funding someone else’s business plan, anything that pays an “unearned” profit accelerates your earnings potential beyond the hours in a day.

11. Every minute you waste is one less minute you’re wealthy.

In investing, your most valuable asset is time. The earlier you start putting your money to work in the markets, the longer your capital can accrue compound interest. Even just $25 per week is better than nothing!

On a similar note, it’s important to distinguish between time and timing in the stock market. While one major investment can catapult you to riches, you’re far more likely to lose money than make it big betting wildly.

The wealthy understand that riding out an “unsexy” buy-and-hold strategy – making regular contributions into a diversified portfolio – is one of the most reliable ways to get rich.

12. Allocation is key.

When you invest in the stock market, how you allocate funds carries significant consequences. Typically, it’s a good idea to keep dividend-paying bonds, stocks, and mutual funds in your tax-advantaged retirement accounts, while individual securities reside in your brokerage account.

This strategy has three advantages. To start, it utilizes government-sponsored tax strategies and spreads your wealth to minimize impacts in retirement. At the same time, diversifying your holdings across accounts and assets helps ensure you’re not too heavily invested in one area.

13. Diversification gets you everywhere.

Investing in stocks, bonds, and mutual funds is a great way to kickstart your wealth, but it’s not the end of the road. As your wealth grows, expanding into illiquid or physical assets, such as real estate, gold, and even artwork, can help you secure your wealth.

Though these investments cost more upfront and are more difficult to offload, there’s a reason that being a real estate tycoon is equated with riches. And because these assets aren’t as susceptible to market swings, they can pay off even when other investments falter.

14. As your wealth and confidence grow, turn to private markets.

One of the greatest secrets of the ultra-wealthy is that the stock market gets your feet wet – but private markets hold the real wealth.

Business ownership, angel investing, and other private equity moves come with greater risk than stock market investments. But their potentially higher returns and diversification do wonders for your portfolio, especially if you’re hell-bent on generating true wealth.

Follow me on Twitter or LinkedIn. Check out my website.

Q.ai, a Forbes Company, is powering a personal wealth movement, using artificial intelligence and advanced quantitative techniques to revolutionize

Source: What The Wealthy Don’t Want You To Know About Money

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