Wealth Management

Upon successful completion of this course, participants will be able to:

• Identify the steps in the wealth management process.
• Specify the issues related to your lifestyle costs.
• Describe the four percent rule.
• Identify how the efficient market hypothesis works.
• Specify the nature of a liquidity analysis.
• Identify the situations calling for an adjustment to your financial plan.
• Recall when tax-loss harvesting should be used.
• Specify the characteristics of an ideal financial planner.
• Describe the different types of ownership investments.
• Describe a speculative investment.
• Specify the nature of savings instruments.
• Recall the functions of a stock exchange.
• Recall how a mutual fund works.
• Specify how you can avoid a speculative bubble.
• Identify how a money market fund works.
• Recall the names of the chief credit rating agencies.
• Recall how the yields on a bond instrument are measured.
• Specify the best practices for purchasing bonds.
• Identify the best practices for making fund investments.
• Recall the fees associated with mutual funds.
• Specify the selection criteria for a bond fund.
• Identify the advantages and disadvantages of investing in real estate.
• Recall when it makes the most sense to buy and flip property to earn a return.
• Specify how to profit from the purchase of undeveloped land.
• Identify how call options and put options work.
• Recall the strategies followed by hedge funds.
• Specify the tax rules related to the different types of IRAs.
• Identify the investment risks associated with thematic investments.
• Recall the best uses for a life insurance payout.
• Specify the different types of annuity payments.
• Specify the tax rules related to charitable contributions.