Description

This course would help you check your understanding of personal finance and monitor your progress as you complete the course. This course introduces you to the fundamental concepts of Wealth Management. We will begin by exploring Situational Profiling, Active Vs Passive Wealth and Stages of Life. We will develop Psychological Profiling, Investor Personality Types, Individualistic Personality Type. Effective Financial Planning requires estimating Lifetime Expenditures. We will cover Time Value of Money concepts in general and the Lifetime Expenditures exercise in particular. We will examine how households invest money. 

What you'll learn

• Learn Situational Profiling, Active Vs Passive Wealth, Stages of Life, Psychological Profiling
• Investor Personality Types, Individualistic Personality Type, Benefits of IPS, Time Horizon, Common Liquidity Issues
• Risk Tolerance and Return Objectives, Monte Carlo Vs Deterministic Approach, EQ - Case Study Individual Investor, Type of Taxes, Progressive Tax Example
• Capital Gains, Taxes, Wealth Taxes, Accrual Equivalent Returns, Summary of Relationships
  

Who this course is for:

• Course is suitable for all the levels
  

Requirements

• No prerequisites are necessary.