O'Reilly logo

Help, I m Rich!: Your Compass to a Value-Adding Private Banking Experience by Kees Stoute

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 2 Why Should I Invest?

Mr. Jones recently inherited US$5 million in cash and already owns a fully paid-up house, currently worth US$1 million. He is 35 years old and married, with two boys, aged 3 and 7. As the money arrived at a time that he happened to face serious difficulties at work, he took this windfall as an opportunity to say farewell to his not-so-beloved boss.

But now Mr. Jones has to plan for the future. He is still young. He wants to continue his lifestyle, only do the work he likes, become a healthy old man, and, upon his demise, pass on substantial wealth—preferably US$2.5 million—to each son. This should be feasible.

images

With such a vast amount of money, why should Mr. Jones invest at all? That’s a good question. In this chapter we will convince Mr. Jones that apart from it being fun, investing makes a lot of sense. But before we do that, we should first agree on what investment exactly means: An investment is the purchase of an asset or item with the expectation that it will generate income and/or appreciate in the future ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required