- Owning an investment portfolio that provides an income for life.
- Achieving the five goals by managing the seven areas of money.
How are you doing?
Measure your progress with The Bluestone Hierarchy.
In the 1920s, advertising executive Fred Barnard popularized the phrase, “A picture is worth a thousand words”.
When it comes to managing your wealth the illuminating picture is your personal Balance Sheet: a list of what you own (assets), minus what you owe (liabilities), equaling your wealth (net worth).
The goal of Wealth Management is to grow and secure your wealth. Start by developing your financial plan for growing wealth, and then select investments that will secure your wealth and provide you with an income for life.
Tax and estate planning play a crucial role; after all, you want to pay the least amount of income tax, and to someday efficiently pass your wealth on to your loved ones.
Simply stated, Wealth Management is about having a financial plan, and an investment portfolio designed to achieve that plan. And it’s all illustrated on your Balance Sheet, your financial picture that’s worth a thousand words.
We can help, please call upon us; we love having conversations about Wealth Management. It’s the second step in “The Bluestone Process for Wealth and Well-being”.
This memo was prepared solely by Terry and Patty Rempel who are registered representatives of FundEX (a member of the Mutual Funds Dealers Association of Canada and the MFDA Investor Protection Corporation). The views and opinions, including any recommendations, expressed in this memo are those of Terry and Patty Rempel. Bluestone Financial is a personal trade name of Terry and Patty Rempel.