Chapter 5The Wealth of Money and Investment
Money is a resource that opens doors to rich potential. Money enables the attainment of security, freedom, choice, plus innovation, which is why it's so powerful. The more money we have, the more safety, flexibility, and optionality is available—broadly speaking—which then invites more opportunity for taking chances and seeking out new ventures. People invest money with the goal of gaining more of this resource, and the materials purchased with this gain.
While this book does over‐index on the qualitative, intangible aspects of wealth, there is no denying that the quantitative, tangible aspects of wealth are a necessary part of the wealth discussion. After over a decade in private wealth management, I thoroughly understand the importance of financial wealth creation. As I’d say to my clients, money has the potential to enhance the most important things in life.
In this chapter, we’ll delve into the interconnected relationship between money, investment, and wealth. This includes a journey through how we make, inherit, spend, save, and invest money these days, all of which have been influenced by technological innovations and societal shifts. Additionally, we will examine the broader societal implications of wealth creation. Let’s begin.
The Relationship Between Money, Investment, and Wealth
Money has a powerful relationship with investment and wealth, because the three are interconnected. Money accumulated over and above your expenses ...
Get Invisible Wealth now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.