The Three Wells - Well 2

accumulation retirement well2 wells Nov 20, 2020
 

To continue our conversation on the three Wells, today I get into further detail on Well 2

Well 2 is the Living, lifestyle, and leisure well. (2 to 5 years)

It is a second well of money which can also be actively managed to cover upcoming living expenses, holidays and travel, car upgrades, home renovations, school fees, and whatever else is on your 2 to 5 year horizon. 

These tend to be reasonably liquid funds, most often a balance between stocks and cash.

Now five years is a longer period of time, and you don’t just want these funds sitting idle in a bank account when they can be working much harder for you. This well can be actively managed to optimise returns.

The well of money should be comfortably large enough to cover upcoming living expenses. Listen to more in my video above. 

If you would like to learn more about the other Wells, I speak about these further in blog posts: Well 1 & Well 3

 


 

Whenever you’re ready… here are 4 ways we can help you manage your own money and go next level wealth:

  1. Boom or Bust in 2021 – 20 minute online workshop for investors

Register for my next free online training - Boom or Bust? How to change your investment plan for 2021 - book in here

  1. Subscribe to our Top 100 Podcast for Investors

 Listen in to our new podcast - The Low Rates High Returns Show - Apple Spotify , SoundCloud

  1. Join our Implementation Program

We’re putting together a new coaching case study group this month for private investors. If you’d like to get the plan, tools and timeless principles for managing your money and creating next level wealth … just send an email to [email protected] with the word “Case Study” and we'll get you more details.

  1. Work with me privately

If you’d like to work directly with me and Stephen Moriarty directly to help you map out and action your next level wealth plan… just send an email to [email protected] with the word “private”… tell me a little about your situation and what you’d like help with, and we’ll get you all the details!