The Three Wells - Well 3

accumulation investment retirement well3 wells Nov 20, 2020
 

As I have mentioned in previous blog posts, we categorise personal wealth in the accumulation phase of life into three 'Wells'.

To recap,

  • Well 1 refers to Liquid funds (<12 months)
  • Well 2 is our Living, lifestyle, and leisure (2 to 5 years).

And lastly is Well 3 which is what I speak more about in this video today.

Well 3 – Longer term and legacy (to retirement & beyond)

These are your safer, long-term investments that you ideally never have to sell until your retirement, typically including property and, for some, safe investments in large, established, systemic companies which throw off strong income streams. 

If you manage your first two wells successfully then you may never need to touch these assets. And they can ultimately form a legacy for your kids, or for other family members, or for a charity of your choosing.

If you would like to read more about the other wells, visit my blog posts: Well 1, Well 2

 


 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!