Part 6/7:
Investment strategies can involve diversification to reduce risk or focusing on high-conviction plays where one has developed expertise. This phase is about ensuring that every financial move is calculated and aimed at fostering long-term wealth.
Mastery: Achieving Financial Freedom
The final level of the five-stage process is called Mastery. At this point, individuals achieve financial freedom and are no longer constrained by monetary concerns. However, Mastery transcends mere wealth accumulation; it emphasizes legacy building and the importance of supporting others on their journey to success.