Now You Can Learn the ‘Old Money’ Secrets of Long-Term Family Wealth
A recent study quoted in the Wall Street Journal found that seven out of ten people who receive a cash inheritance spend the lot in their lifetime. That leaves three out of ten who have some money left to pass on to their kids.
What takes a generation to build can often be lost in weeks or days. Wealth that arrives suddenly can leave just as suddenly.
This is worrying news for any parent who has worked hard all their life so they can pass money and assets on to their family.
Look, we all want the best for our families. We want to make sure our children are provided for throughout their lives, after we’re gone.
But do you know if they’re ready to receive the money you want to leave them?
How do you know, frankly speaking, that they won’t just blow it all within a few months?
Gowdie Family Wealth is a brand new monthly newsletter with a clear aim: to help you build and protect wealth for future generations of your family.
You’ll discover how you can really help your kids get on in life when you’re no longer around. Instead of leaving them your house and the money in your bank account, and expecting them to get on with it, you’ll give them the tools — knowledge, wisdom and financial literacy — to help grow that cash into wealth that will last generations.
In short, you’ll learn the wealth building secrets of some of the richest families in history. How they created their fortunes. The structures they use to keep them intact. And how they’re able to pass those fortunes down through generations of their family.
You’ll understand how to…
- Build a strong family wealth culture that involves all of your kids (from an early age) and keeps outsiders out
- Put in place a long-term portfolio of great investments your kids will never have to touch (but can live well off the earnings)
- Teach your kids how to have a better relationship with money (and to respect the many opportunities and risks they’ll face as they get older)
- Create a tax-efficient ‘succession strategy’ for the simple, hassle-free handover of your money and assets
- Solve any difficult and sensitive family money arguments quickly and sensibly
- Get the best investment research, legal guidance and tax-planning advice in the country
Editor and Chairman Vern Gowdie has been involved in financial planning in Australia since 1986. In 1999, Personal Investor magazine ranked Vern as one of Australia’s Top 50 financial planners.
His previous firm, Gowdie Financial Planning, was recognized in 2004, 2005, 2006 & 2007, by Independent Financial Adviser (IFA) magazine as one of the top 5 financial planning firms in Australia.
Vern’s new service — Gowdie Family Wealth — is not a stock tipping letter. It’s designed to help you build and safeguard wealth for future generations of your family. That, by definition, is a long term project. If you get it right it will be the most satisfying — and ultimately most rewarding — financial endeavour of your life.
Over the coming months (and hopefully years) Vern will give you his best ideas on how to prepare the next generation of your family to receive and preserve wealth. You’ll learn the easy way to figure out fees and taxes; different ways to access the power of compounding, the importance of saving for emergencies, how to maximise your pension and social security entitlements, sensible advice on borrowing and risk, how to spot investments that depreciate…and much more.
Plus, you’ll get plenty of ideas on how to devise the family structures that will ensure your wealth stays intact long after you’re gone. Things like making sure your money only goes to the people you want it to…the importance of creating a family culture…how to involve your children in family wealth discussions in a structured way…using ‘old money’ secrets to make sure your legacy lasts longer than the next generation…
If you have kids or grandkids and you want to do something meaningful for them…but you’re worried they may not appreciate all the work and planning that went into building your wealth… take a 30-day, no obligation trial subscription to Gowdie Family Wealth today.