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Learn why wealth is not about your income, the true way to wealth, and why if you really understand this principle, you will become wealthy.
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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn how to build wealth, make money, and have financial freedom. Introduction to principles of wealth building you won’t hear about from your financial advisor. Learn how to get rich, the 6 Steps to Wealth, the Twin Pillars of Wealth Building™: Invest Like Billionaires™ and Create Your Luxury Brand™ Business.
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Awesome. Wealth is compounding. I liked.
It is sad that even private banks are taking the “safe” route of just getting their clients in at the shallow end and thus getting mediocre single-digit returns. Then the client never loses and can’t really complain about getting nowhere. On the other hand, the banks collect high 2.4% annual management fees and other fees.
What do you think of Betterment? They use low-cost ETFs and computer-optimized allocation and compounding.
Would be glad to hear from you. 🙂 🙂
Warm regards,
Derek TAY
Hi Derek,
Thanks for the email. I’m not super familiar with Betterment myself, but I’ve heard good things about them
and I understand what they are helping people to accomplish. Rebalancing is a good strategy and can definitely
help returns. Have a great day! Linda