Banach Wealth Management Sept. 24, 2009 Letter Draft Guide Chapter 15
Section VII. Wealth Cycle Management
Chapter 15 Wealth Life Cycle Strategies Draft
Key Points
- Risk Awareness (self/asset/markets) is vital
- Resource capital (human/financial) shapes
wealth (accumulation/distribution) cycle - Wealth process counts in long time horizon
- Objectives lead to strategies, which should
be tested with scenario analysis
Summary
- Decide on wealth strategy accumulation and
distribution time horizons carefully - Select investment portfolios, pensions, and
annuity weights based on personal risk
tolerances and risk boundary stress
reduction points - Input your investment and annuity portfolio
at your age into a wealth cycle spreadsheet
by requesting it at jabanach@gmail.com
Play with it. Does your strategy achieve
your wealth objectives?