The subject of Asset Management Strategies and the concept of the “Velocity of Money” includes a general understanding of portfolio management strategies so that for each person’s personality type there is a range of assets that the person’s portfolio should be in. The categories of asset management are:
- Real Estate (primary and investment property),
- Stocks and Mutual Funds (the split between large cap, small cap etc is a subset here)
- Bonds and other fixed securities and annuities
- Life Insurance plans
- The famous “other” investments.