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Growth - The Final Step In Wealth Creation
Manage episode 419156762 series 3533022
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In this episode, Ed Bao discusses the importance of the growth component in wealth creation. He emphasizes the need to prioritize protection and savings before focusing on growth. Ed explains that the protection component addresses risks such as death and disability, while the savings component ensures a solid financial foundation. He then delves into the different aspects of the growth component, including bond and equity investments, collectibles, real estate, and business ownership. Ed highlights the importance of balance and diversification in the growth component and emphasizes the need for a coordinated and integrated financial plan.
Join us every week as Ed Bao helps you navigate the sometimes rocky waters of retirement. Healthcare, investments, taxes, estate planning and more!
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