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Wealth Management Erik Lie

  • SKU: BELL-53052368
Wealth Management Erik Lie
$ 31.00 $ 45.00 (-31%)

4.1

90 reviews

Wealth Management Erik Lie instant download after payment.

Publisher: Business Expert Press
File Extension: EPUB
File size: 6.64 MB
Pages: 212
Author: Erik Lie
ISBN: 9781637425237, 1637425236
Language: English
Year: 2023

Product desciption

Wealth Management Erik Lie by Erik Lie 9781637425237, 1637425236 instant download after payment.

This book empowers individuals with practical knowledge to manage their financial wealth from their first job until retirement and beyond.

The first main theme is investments and covers security types, investment strategies, and asset allocations for individual investors. The foundation for this theme is the magical behavior of investment returns across securities and time, and the concept of market efficiency.

Next, the author details tax minimization, beginning with an understanding of how taxes deplete investment value. He then illuminates various tax loopholes and strategies that individuals can exploit, including

the use of tax-favored investment accounts,

opportunistic trading,

picking ETFs over mutual funds,

gifting to bypass estate taxes.

Lie also covers the many pitfalls in the world of wealth management. Several stem from investors’ ignorance or irrational behavior, while others are concocted by financial institutions to fleece individual investors. Either way, the readers learn to avoid them.

Other topics also discussed include

What types of insurance should individuals purchase?

When should a mortgage be refinanced?

And how can individuals avoid costly probate court for the estate?

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