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Wealth management - everything begins with values

IMHO, these are some questions that you need to ponder if you are growing your wealth...
(1) What do you want to accomplish with your life and your wealth? It could be one of these...
- maximize your financial security in retirement.
- channel your assets into additional wealth-building pursuits.
- spend your money.
- create a special place to bring family together (eg: a holiday island, villa etc).
- become a collector (eg: art).
- donate money and/or time to worthy cause.
- give money and companionship to people you care about.

(2) For how long do you want your values to shape your family's future?

(3) When it comes to investing, would you rather "eat well" or "sleep well"? (This is regarding your investment risk appetite)

(4) How should your family communicate about its wealth?

(5) Do you plan to build family leadership to grow your wealth over multiple generations?

Personally, he does envision to have a special place for family get together. Of course, wealth management should be cultivated in next generations.
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