We ters Definition of Wealth: abundance of valuable material po e io or resources, abundant su ly,
The word wealth originated from the old English word weal, which mea well-being or welfare.
Wealth is basically defined as one having an abundance of goods and resources or the ability to po e any type of goods or resources in abundance with the exchange of money. Another portion of the definition of wealth is po e ing real estate or personal property with an exchangeable value. Wealth can also be defined as a state of well-being or good health.
In modern society, we have an increasing number of avenues to obtain wealth. Society must simply gain the knowledge and skills nece ary to implement the proper strategies and techniques.
Strategies/Techniques/Methods:
-INHERIT WEALTH
-MARRY WEALTH
-TAKE WEALTH
-WIN WEALTH
-STRATEGIZE FOR WEALTH
STRATEGIES FOR WEALTH:
One strategy is called (triple compounding), suggested by Steve Sjuggerud. Sjuggerud is the writer of investment letter --True Wealth--. He unfolds, Your account can grow at rapid eeds for three reaso : First, you are adding to your account every month. Second, if you invest in growth mutual funds, your accounts NAV (net a et value) is likely to increase overtime. Third, all dividends and distributio are automatically reinvested.
Saving