Navigate money 49
Author: QuietGrowth
Negative Equity
Do the very wealthy people split the bill when they eat together?
Given the nature of our business at QuietGrowth, our team members socialise in public places across geographies with wealthy people very frequently at a personal level.
Why do the wealthy people stay wealthy?
Why aren’t economists successful investors? Or are they?
What is a rainy day fund?
The first and foremost target for anyone is to have enough liquid assets to constitute her ‘rainy-day fund’.
Is setting up a family office worth it compared to availing a robo-adviser service for my wealth of $20 million?
Usually, the economics of setting up and running a family office is more viable if the size of the investible assets is at least $100 million.
What investing services do the wealthy use, or have access to, that aren’t available to the average person?
The wealthy use many wealth management services and privileges that an average person does not have access to:
What is the difference between financial advice and investment advice?
Investment advice generally means personal financial advice or general financial advice about investment topics. Investment advice is an aspect of financial advice.
What should I do as I feel stressful to have money in investments, knowing I am constantly at risk?
If you find it stressful when your investments are exposed to risk that is more than the risk you are comfortable with, then you should seriously consider to change your investment composition so that the risk associated with the new investment composition is more in-line with your risk appetite.