📝 One-liners · 86 cards
Importance of Wealth Management
1 — Aspect / One-Line Job / Typical Tools?
Aspect: Investment Management; One-Line Job: Grow wealth over time; Typical Tools: Equity, debt, MF, gold, REITs
2 — Aspect / One-Line Job / Typical Tools?
Aspect: Financial Planning; One-Line Job: Map income, expenses, savings to goals; Typical Tools: Cash-flow statement, net-worth statement
3 — Aspect / One-Line Job / Typical Tools?
Aspect: Tax Planning; One-Line Job: Minimise tax legally; Typical Tools: 80C, 80D, NPS 80CCD(1B), LTCG harvesting
4 — Aspect / One-Line Job / Typical Tools?
Aspect: Retirement Planning; One-Line Job: Build a post-retirement income stream; Typical Tools: EPF, NPS, annuities, SWP
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