Investment strategy is often taken as a game of money in the markets of stock, oil, gold, futures and property. Effective investment strategy is in fact about making the right choice of investment products and taking appropriate action at the right time.
To accumulate wealth efficiently and sustainably we need accurate predictions. Every day we receive huge amount of financial information such as prices of various financial products, market trends and analysis from experts. Such information, however, can only serve as general references. In the unsettling world today, turbulence in global politics and economics persists; unforeseeable events such as the bankruptcy of Lehman Brothers, Bernard Madoff's scam of the century and the 911 Attack make market trends even more unpredictable.
In fact everyone has a unique financial model suitable for him or herself. In traditional Chinese culture this is called Meng Shui (“life water”, fate) or Choi Wan (“money luck”, the predestined luck in wealth). Some people seemed to become rich effortlessly, others just can't make a decent profit or even go broke despite tremendous effort. Therefore one indispensable lesson in life is to learn about one's own luck in wealth--the high and low times, the suitable type of wealth to manage and different strategies in different period of life. In short, if one has very good luck in wealth then he or she can opt for investment products of high or medium risks, otherwise low-risk products and material or fixed assets should be considered. If correct judgement in one’s life path in wealth is made, suitable investment strategy can be developed to acquire benefit: going with the flow, brave good luck with bold decisions and subside in low time with more conservative strategy to reduce loss.
With just your year, date and time of birth, this website maps out the fundamentals you will need for effective personal wealth management.
- Personality and characteristics
- Attitude to work/ career orientation
- Perception of wealth and investment preferences
- A general picture of the luck in wealth
- Ups and downs at different time
