What is legacy wealth management? Legacy wealth management is a financial planning and management process that aims to achieve certain financial goals. These goals are individual for every user. Some people want to enjoy financial independence during their retirement,...
Password managers and digital vaults track, organize, and protect your passwords and assets These days, it’s rare to see someone not using a password manager or digital vault. The reason is not some recent trend or hype, but a very practical one. We are using more and...
Paradise Lost: The Pension Systems of the Past In the past, many people dreamed of retiring and living peacefully, with financial stability and able to maintain a good quality of life. The pension schemes in many countries around the globe, primarily in Western...
What is asset management? Asset management is a set of procedures focussed on managing digital, financial, and physical assets. Examples of financial assets are bank accounts and insurance policies. An example of a physical asset is real estate. There is not yet a...
Do I need asset protection at all? When we speak about assets, the first thing that comes to mind is stocks and investments. The reality is that people these days possess many more assets, even if they don’t realize it. These include retirement plans, bank accounts,...
1. The purpose of secure digital vaults People these days have complex assets – bank accounts, life insurances, retirement plans, company stocks, stock options, RSUs, to name a few. In addition to these assets, many of which are digital, people have more and more...
Ok, we all know the theory – spend less than you earn, save, have more than one source of income, build passive income sources, etc. Theory is one thing, applying it is another. You work and earn a salary, but you can hardly save and you don’t have any other source of...
Since we launched DGLegacy, we have been hearing such horrible stories! Some of them have truly shocked us. We heard this latest one yesterday. And this time, we agreed that we really had to start documenting them. Here goes... Yesterday evening, I drove to a small...
Financial planning In personal finance, almost everyone understands financial planning as an overall plan for how to achieve certain financial goals. The plan might include using various financial tools such as investing in stock markets, buying company stocks through...
The democratization of online trading. Online trading platforms democratized investment by providing access to it for everyone. In the past, this was primarily a privilege of professional brokers. These days, many people with various professional backgrounds and jobs...
