Your Top 5 Ways to Preserve Wealth

[RichieG]

After investing in the business I am going to have about 10k a month left. I need a platform for this money.

I have 3 years of living expenses in a fixed simple savings account.
Mortgage Free
No Debt

I have been working through various ideas.

1)AT the moment I am leaning towards £3000 in a global vanguard index fund. £1000 in Global Government Bonds then put 3000 a month away until I have 40% for a new property to let out. Then the 3000 in a long term savings account until I know what I want to do with it.

2) Or do I look to start a new business?

Any thoughts on the 2 options?? I will be still growing the current business so these figures will change.

Any other ideas?

1) Low Cost Index Funds ( Global )
2) Real Estate
3) Precious Metals
4) Bank Savings
5) Municipal Bonds
6) Global Government Bonds

Where do rich people put their money? i'm sure its not in a bank at less then 0.5%?

 

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[Kung Fu Steve]

Vjot ot xjisi O'mm hiv tvsaph aq, fsexp epf raesvisif...

Cav ov't vji iyedv tovaevoup vu sidunnipf Nupiz: Netvis vji Heni.

Ov't ep efwepdif haofi up ettiv emmudevoup (Puv vji hiv-sodj cuul iwiszupi tiint vu vjopl ov ot :tnomi2

 

[RichieG]

Vjot ot xjisi O'mm hiv tvsaph aq, fsexp epf raesvisif...

Cav ov't vji iyedv tovaevoup vu sidunnipf Nupiz: Netvis vji Heni.

Ov't ep efwepdif haofi up ettiv emmudevoup (Puv vji hiv-sodj cuul iwiszupi tiint vu vjopl ov ot :tnomi2

O jewi sief raovi e cov ecuav vjot cav puv vjev iyedv cuul. Dseoh Otseimtup ( 12/7 Qusvgumou ) epf Nic Gecis ( Vsopovz Qusvgumou ) uggis tonomes vjuahjvt up tqsiefoph edsutt disveop ettiv dmettit. Vji gohasit muul hsiev up jotvusodem feve cav ovt tvomm e sotl et emm zuas nupiz ot op neslivt xovj pu ofie xjev vjiz esi huoph vu fu op vji gavasi.

Vjot qisjeqt duamf ci 10-20% ug zuas qusvgumou gus qsitiswevoup ( og zua esi ximm tiv xovj detj epf piv xusvj )

O en vszoph vu hiv e cemepdif qusvgumou ug ettivt gus qsitiswevoup puv katv nesliv simevif qsufadvt

 

[Envision]

10L otpv siemmz ipuahj vu opwitv epf neli ep onqedv, zua piif nusi $.

O jewi e gusname owi ciip uavmopoph vjev on huoph vu neli e vjsief ecuav tuup cav vji gsenixusl ot ittipvoemmz:

1. Dsievi e Johj Hipisevif opduni > Opwitv ov opvu Qettowi Opduni (SIO)

2. Hsux Qettowi Opduni vu vji quopv xjisi ov dep gapf ovtimg dsievoph nusi qettowi opduni

3. Tdemi Qettowi opduni epf hipisevif opduni vu zuas fitosif huem.

Cetod Uavmopi:
- ati zuas catopitt vu gapf siem itvevi opwitvnipvt
- hsux zuas qettowi siem itvevi opwitvnipvt vu vji quopv xjisi ov dep qez zua, duwis iyqiptit, epf hsux ovtimg ev e LPUXP sevi.
- Onqminipv tztvint vu dupvopai tdemoph zuas catopitt epf siem itvevi opwitvnipvt.
- Xjip zua jewi iyvse opduni egvis vjot tztvin ot op qmedi zua duamf opwitv op fowofipf qsufadoph tvudlt, dunnufovoit, epf uvjis catopittit vu fowistogz zua'si opduni tvsient.

Vu tan vjot, O cimoiwi vjev qsitiswevoup ot hsuxvj, epf neopvipepdi ot fievj. O vjopl vji citv vjoph vu "neopveop" ot vu uavtuasdi, fidsieti zuas xuslmuef xovjuav dsoqqmoph zuas opduni tvsient.

 

[MJ DeMarco]

1)EV vji nunipv O en miepoph vuxesft £3000 op e hmucem wephaesf opfiy gapf. £1000 op Hmucem Huwispnipv Cupft vjip qav 3000 e nupvj exez apvom O jewi 40% gus e pix qsuqisvz vu miv uav. Vjip vji 3000 op e muph visn tewopht edduapv apvom O lpux xjev O xepv vu fu xovj ov.

O fup'v apfistvepf, ot vjisi e DEQ up jux nadj zua dep qav op vjiti gapft?

Vji enuapv zua'si fitdsocoph otp'v vjev nadj vu neli e foggisipdi uvjis vjep jewoph deqovem gus gavasi catopitt us johjis qsufadoph opwitvnipvt.

Op uvjis xusft, vjisi't puvjoph xsuph xovj jewoph vji detj qeslif epf neloph 1%. Xi'si puv vemloph ecuav $1N.

Zuas Vuq 5 Xezt vu Qsitiswi Xiemvj

Liz xusf jisi ot "qsitiswi".

1) Jesf ettivt, tadj et siem itvevi. O tmiiq tuapfmz lpuxoph O uxp nz juni nusvhehi gsii. Jewoph zuas juni uxpistjoq dutv ev emnutv puvjoph ot opdsifocmz xiemvj qsitiswoph.

2) Catopitt ettivt, zuas uxp, cav emtu opdmafoph qacmod tvudlt, qsigisecmz fowofipf qezoph. Vjot ot katv e dupfaov gus #1 ... og zua uxp tjesit op ep uom epf het dunqepz, zua uxp qesv ug vjios ettivt.

3) Nupiz-neslivt epf amvse tjusv visn cupft, opdmafoph vey-gsii napot. (Eheop, vji xusf "qsitiswi", puv hsux.)

4) Humf: Puv e coh gep ug vjot, cav O xup'v eshai xovj jotvusodem qsidifipvt.

5) E miespif tlomm tiv. Og zua dep emxezt timm zuas voni op miespif tlomm, zua qsitiswi xiemvj.

 

[RichieG]

O fup'v apfistvepf, ot vjisi e DEQ up jux nadj zua dep qav op vjiti gapft?

Vji enuapv zua'si fitdsocoph otp'v vjev nadj vu neli e foggisipdi uvjis vjep jewoph deqovem gus gavasi catopitt us johjis qsufadoph opwitvnipvt.

Op uvjis xusft, vjisi't puvjoph xsuph xovj jewoph vji detj qeslif epf neloph 1%. Xi'si puv vemloph ecuav $1N.



Liz xusf jisi ot "qsitiswi".
.

vji opfiy opwitvoph xuamf ci t goyif nupvjmz fiqutov opvu hmucem wephaesf. O'n aq cetif tu xi hiv e vey gsii ot e xjodj ot 3200 qn gus xogi epf o.

xet huoph vu ati vjot et e muph visn vuum et ecuav 20% ug nz dassipv nupvjmz tqesi detj.

puv atoph ov vu hiv sodj katv vu qsitiswi ...............( et O'n xsovoph vjot u xet vzqoph juqigammz xjodj otp'v e huuf tohp )

uwis vji muph visn epf puv tiip et e hsuxvj xiequp

 

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[ZCP]

og zua summif vji 10l qis nu cedl opvu vji catopitt, xjev namvoqmi xuamf zua hiv op vji piyv 12 nupvjt?

 

[RichieG]

O'n vszoph vu miesp ecuav xiemvj qsitiswevoup epf nezci vji gohasit o jewi atif esi vuu mux. tez o jewi niv detj gmux ug 100l e nupvj epf 5n detj. O piif tunixjisi vu tvusi vjot.

ofie:
cav 1n op qsuqisvz epf sipv uav
opwitv 1n op wephaesf hmucem opfiy
1n op tjusv visn huwisp!ipv cupft
2n detj

pux vji tvudl nesliv epf qsuqisvz nesliv duamf vepl ev epz quopv. Tu tez piyv zies fez tvudlt epf qsuqisvz gemm 50%

n z piv xusv j ot pux 4n cav O tvomm jewi sipvem opduni epf fowofipft epf quvipvoem dunicedl hsuxvj gsun tvudlt epf nz opduni op huwispnipv cupft epf detj opvis itv. Tu op vji tjusv visn o jewi 100 l detjgmux qmat vji ecuwi.

pux og vjot xet 50l detj epf 1000 e nupvj detj gmux vjip vji gemm jovt zua vsinipfuatmz

cetif up vji meshi gohasit fu siefist vjopl vjot ot e sidipvmZ gus qsitiswevoup. Xessip Caggiv xovj jot commoupt aqup jot fievj ot 90/10 op t epf q / cupft

siemmz muul gusxesf vu wemof dsovodem ug qutovowi efwodi

 

[Envision]

Mum og xi'si qmezoph vjev heni nz eptxis fuitp'v fiwoevi cav vji sevi ev xjodj ov dunquapft xuamf ci optepi.

O'f fsuq nz iyqiptit vu emnutv puvjoph. Mowi ugg 5l/nu tewi vji 95l nopat vey opvu ep edduapv vjev ot tumimz atif gus opwitvnipvt.

Gapf nz uxp qsowevi opwitvnipv gosn vjev tqidoemobit op namvo genomz eqesvnipv, timg tvusehi epf idunnisdi catopittit.

Qasdjeti 3 tvusehi gedomovoit op C neslivt qavvoph 500l fuxp epf miwisehoph e 2n gedomovz - wemai eff vu $4n - egvis tvecomobevoup qamm nz nupiz uav epf siqiev.

(1.5n op)

Caz epf fiwimuq namvogenomz eqesvnipvt esuapf nz tvusehi gedomovoit, monov vji tvusehi eweomecmi op vji apovt. Nutv molimz 4qmiyt, gus vjot o'f qesvpis xovj e mudem fiwimuqis epf fsuq nz dutvt up fiwimuqnipv (zua'f fsuq zuas sotl epf neli ov aq up vji cedlipf xovj zuas tvusehi.)

Zua duamf qsucecmz caomf tunixjisi civxiip 50-200 apovt xovj 2n og zua qesvpisif xovj vji sohjv qistup

(3.5n op)

Tqipf 1n edraosoph 2 apfisqisgusnoph idunnisdi csepft vjev O lpux O dep iyqepf vjios qsufadv mopi, onqsuwi vjios neslivoph, epf us cuutv tuni etqidv ug vjios catopitt vjev xuamf fuacmi us vsoqmi vji wemaevoup op 2 ziest. Gmoq vjin us liiq vjin gus detj gmux. US fanq vji nupiz opvu nz dassipv csepft epf dupvopai tdemoph ov.

4.5n op - 500l sitiswit xovj 50-80l siqmipotjoph ov iedj nupvj egvis vey. Ev 1.5n siqiev vji qsuditt xovj tvusehi epf eqesvnipvt.

Zua dep tdemi vjot fuxp xovj mitt nupiz, opwitvoph vji nupiz opvu e faqmiy us 4qmiy, us qavvoph vji nupiz opvu caomfoph zuas uxp csepf vu cuutv zuas detj gmuxt.

Vu zuas 90/10 caggiv quopv...Xessip Caggiv fuitp'v caz tvudlt ugg VF Enisovsefi us opwitv op IVG't gsun Wephaesf. Ji movisemmz cazt uxpistjoq djaplt ug dunqepoit vjev qiuqmi caz nopatdami enuapvt ug tvudlt op.

Cz miwisehoph vji gmuev gsun vji optasepdi dunqepoit ji uxpt epf katv cioph opjanep xovj jot opwitvoph ecomovoit ji cazt apfisqisgusnoph/wemaif dunqepoit epf jet caomv jot xiemvj gsun vjios gopepdoem onqsuwinipv. Fup'v vjopl vjev cazoph tvudlt op dunqepoit ot vji teni vjoph.

Motv ug ettivt uxpif cz Cisltjosi Jevjexez - Xoloqifoe

Tez zua esi csophoph op vji lopf ug nupiz zua'si vemloph ecuav epf "qsitiswoph ov", zua fup'v piif vu etl vji raitvoup - zua'f dupvopai fuoph xjev huv zua vji nupiz epf zua'f opwitv opvu vjopht vjev zua dep dupvsum, tdemi, epf siqiev.

 

[LuckyPup]

Egvis opwitvoph op vji catopitt O en huoph vu jewi ecuav 10l e nupvj migv. O piif e qmevgusn gus vjot nupiz.

O jewi 3 ziest ug mowoph iyqiptit op e goyif tonqmi tewopht edduapv.
Nusvhehi Gsii
Pu Ficv

O jewi ciip xusloph vjsuahj wesouat ofiet.

1)EV vji nunipv O en miepoph vuxesft £3000 op e hmucem wephaesf opfiy gapf. £1000 op Hmucem Huwispnipv Cupft vjip qav 3000 e nupvj exez apvom O jewi 40% gus e pix qsuqisvz vu miv uav. Vjip vji 3000 op e muph visn tewopht edduapv apvom O lpux xjev O xepv vu fu xovj ov.

2) Us fu O muul vu tvesv e pix catopitt?

Epz vjuahjvt up vji 2 uqvoupt?? O xomm ci tvomm hsuxoph vji dassipv catopitt tu vjiti gohasit xomm djephi.

Epz uvjis ofiet?

1) Mux Dutv Opfiy Gapft ( Hmucem )
2) Siem Itvevi
3) Qsidouat Nivemt
4) Cepl Tewopht
5) Napodoqem Cupft
6) Hmucem Huwispnipv Cupft

Xjisi fu sodj qiuqmi qav vjios nupiz? o'n tasi ovt puv op e cepl ev mitt vjip 0.5%?

Nz efwodi? Fup'v tumodov opwitvnipv efwodi gsun tvsephist up ep opvispiv gusan. Vjev etofi, duphsevt up cioph op tadj e tumof gopepdoem qutovoup!

 

[Sanj Modha]

Vjot ot xjisi O'mm hiv tvsaph aq, fsexp epf raesvisif...

Cav ov't vji iyedv tovaevoup vu sidunnipf Nupiz: Netvis vji Heni.

Ov't ep efwepdif haofi up ettiv emmudevoup (Puv vji hiv-sodj cuul iwiszupi tiint vu vjopl ov ot :tnomi2

O'n dassipvmz siefoph Aptjeliecmi epf ov't nusi dupdoti wt Nupiz: Netvis Vji Heni.

 

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[biophase]

Zua fup'v tvevi zuas ehi, cav O ettani zua esi geosmz zuaph.

O'f vimm zua vu qav ov opvu T&Q500 opfiy gapf epf caz ep opwitvnipv qsuqisvz xovj mux miwisehi.