Wealth Without Risk

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That's quite a mouthful. But it is one way of arriving at an investment decision that more or less rationalizes the uncertainties of investment, and the political and economic risks imposed by both monetary policy in the form of inflationary forces and fiscal policy in the form of taxation on income and gains.

After all has been said and done, the yield of any investment decision one might make will be the present value of the income and gain received over the duration of the investment period measured against the present value of total after tax purchasing power of net sums invested over the life of the investment.

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