#wealth

How do I protect my wealth?

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How do I protect my wealth? Hey everyone, I’m 27 and have managed to build up about $3M, mostly in cash. I make around $300K a year working for a FAANG company, and a chunk of this ($400K) came from a lucky sports bet with the rest being savings + some crypto gains (now converted to cash). I’m kind of stuck on what to do next and could really use some advice. Right now, th…

Reddit Personal Finance 676 2024-11-08

If someone has inherited significant amounts of wealth but does not have a credit history, can they still get a credit card with their wealth and ability to pay being taken into account

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If someone has inherited significant amounts of wealth but does not have a credit history, can they still get a credit card with their wealth and ability to pay being taken into account If someone has inherited a significant amount of wealth and wants a credit card but has no credit history, can their wealth be used as a factor in credit card approval because it shows ability to pay back debt? submitted by /u/kr775

Reddit Personal Finance 643 2024-06-20

Personal wealth management

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Personal wealth management Does anyone know of an online course (preferably free and/or through a university) for personal wealth management? I’ve heard of creating llc’s to maximize your wealth, and putting all your assets in trusts. These are the types of things I’m interested to learn, but it seems a little beyond basic personal finances. I’m hoping someone knows of a …

Reddit Personal Finance 557 2024-03-18

Wealth building – how am I doing?

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Wealth building – how am I doing? Currently 34 and single, no dependents. Worked my way through college and graduated with 0 debt. Current salary is 75k, mostly remote/in the field. Loads of free time most days. Used to be great, but now all my friends are “growing up” – marriage/kids etc. Been finding myself with more free time than I know what to do with. Kind of want a gauge …

Reddit Personal Finance 1.1k 2023-11-08

Wealth Management when you aren’t that wealthy?

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Wealth Management when you aren’t that wealthy? I lost my husband a month ago after a long struggle with cancer and here I am, sorting through all the bills, paying for funeral expenses and hospitals and trying to come up with some sort of a budget to see if we can survive on my income alone. I was approached by someone at the bank offering ‘wealth management’ services which sound fantastic -…

Reddit Personal Finance 152 2023-09-26