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Wealth Mgt

Wealth Mgt

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Published by Pbawal
Understanding wealth management and invesment decisition
Understanding wealth management and invesment decisition

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Categories:Types, School Work
Published by: Pbawal on Jan 05, 2009
Copyright:Attribution Non-commercial

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06/23/2011

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WealthWealthManagementManagement
 
 
 Saving &Investing…
 
 
What is investing?
An investment operation is one which, upon thoroughanalysis promises safety of principal and an adequatereturn. Operations not meeting these requirements areSpeculative
- Benjamin Graham – The Intelligent Investor
Investing is the act of seeking value at least sufficient to justify the amount paid. Consciously paying more in thehope that it can soon be sold for a still higher priceshould be labeled as speculation
- Warren Buffet – The Making of An AmericanCapitalist
Investing ….

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