{"id":1027,"date":"2020-07-21T17:38:02","date_gmt":"2020-07-21T17:38:02","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/?page_id=1027"},"modified":"2024-03-12T00:57:45","modified_gmt":"2024-03-12T00:57:45","slug":"financial-freedom","status":"publish","type":"page","link":"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/financial-freedom\/","title":{"rendered":"Financial Freedom"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1027\" class=\"elementor elementor-1027\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3ef2944 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3ef2944\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9a3b65e\" data-id=\"9a3b65e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1795dce elementor-widget elementor-widget-heading\" data-id=\"1795dce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Wealthy Mindset \u2013 How to Think Differently\nto achieve Financial Freedom<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ebc0a28 elementor-widget elementor-widget-text-editor\" data-id=\"ebc0a28\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">I often meet with people who have questions about retirement, who feel frustrated, scared or confused about whether they are on the right path to achieve the freedom to live the life they\u2019ve always wanted.<\/p><p class=\"p3\">Like them, you may be striving for what I call the \u201cwork-optional life\u201d \u2013 a lifestyle where you are liberated from the financial stress and the need to rely on a salary or income from your business; a life where you can finally enjoy a reliable and sustainable cash flow from a portfolio of investments that generates steady income to cover all your lifestyle needs, now and in the future.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9667f6a elementor-section-full_width elementor-section-height-min-height elementor-section-items-stretch elementor-section-height-default\" data-id=\"9667f6a\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fb79337\" data-id=\"fb79337\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f4b8e52 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f4b8e52\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-031dc8d\" data-id=\"031dc8d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-facfce1 elementor-widget elementor-widget-text-editor\" data-id=\"facfce1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">This <b>Work-Optional Life <\/b>is possible, but most often what holds people back from achieving this financial freedom, is how they think about money and how they think about building wealth. Here I\u2019ll share with you the 3 key steps to creating a healthier mindset, a \u201cwealthy mindset\u201d, that I\u2019ve found over my past 20 years as a financial professional and as author of <i>\u201cSmart Risk: Invest Like the Wealthy to Achieve a Work- Optional Life\u201d<\/i>, are the keys to achieving the work-optional life.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fdf5b20 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"fdf5b20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f4c3b5e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f4c3b5e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-e587a5d\" data-id=\"e587a5d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-615bfc5 elementor-widget elementor-widget-text-editor\" data-id=\"615bfc5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>STEP 1 &#8211; <span style=\"color: #bdac81;\">PERSPECTIVE<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-155417a elementor-widget elementor-widget-text-editor\" data-id=\"155417a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Think differently and develop a healthier perspective around your wealth <\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8f7a9d3 elementor-widget elementor-widget-heading\" data-id=\"8f7a9d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u201cWe can complain\nbecause rose bushes\nhave thorns or rejoice\nbecause thorn bushes\nhave roses.\u201d<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7142c4b elementor-widget elementor-widget-text-editor\" data-id=\"7142c4b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><i>\u2013 Abraham Lincoln <\/i><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c26229a\" data-id=\"c26229a\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-828f845 elementor-widget elementor-widget-spacer\" data-id=\"828f845\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4be9d33 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4be9d33\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-90e6604\" data-id=\"90e6604\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2d53b5e elementor-widget elementor-widget-text-editor\" data-id=\"2d53b5e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Often our perspectives around money, wealth, and retirement, are tinted by how we were brought up to think about money. <\/b>The emotional component around money is one of the biggest roadblocks to having a healthy perspective about wealth. Think back to your earliest memory of how you earned your first dollar. What did your parents teach you about money? How did it feel to lose a bet, to buy your first home, or to see your kids graduate from college thanks in part to your financial assistance?<\/p><p class=\"p2\"><b>Too often, our perspective around money has been affected by some fear of not having enough. <\/b>In fact, nearly three-in-10 Canadians are not confident they will achieve their financial life goals (28%) <sup>1<\/sup>. Perhaps it\u2019s an early childhood memory of growing up during tough times, or a life experience that led to shame or embarrassment that we wish never to experience again. The goal is to first recognize this mindset and shift from a fear of lack, or \u201cscarcity\u201d mindset toward a feeling of enough, or \u201cabundance\u201d mindset.<\/p><p class=\"p2\"><b>A Wealthy Mindset views money as an \u201cenabler\u201d. <\/b>Money and wealth are tools that enable or empower you to live the life you want, and to feel liberated from the stress of not having enough. However, money and wealth alone will not result in joy or happiness, unless you are equipped with the right \u201cabundance\u201d mindset. To get there, it\u2019s important to remember that instead of seeing wealth as a measure of success, wealth simply enables you to have more (and perhaps more favorable) choices. But it\u2019s still up to you what you do with your wealth. Do you use it to accumulate more things, cars and clothes, or pass on to the next generation? Or do you choose to live a simple life full of love and connected relationships, and let go of the desire for fancy things in favor of interesting travel and life experiences? If your goal is the latter, choosing to view money as an \u201cenabler\u201d of your freedom and lifestyle will be an important first step.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2a77276 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2a77276\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-03438ad\" data-id=\"03438ad\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-16afa47 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"16afa47\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-9274170\" data-id=\"9274170\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fc5c122 elementor-widget elementor-widget-heading\" data-id=\"fc5c122\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">THE LEAKY BUCKET<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ecbe450 elementor-widget elementor-widget-text-editor\" data-id=\"ecbe450\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">A wealthy mindset recognizes that what you keep and build is more important than how high your salary or income is. For instance, think of your wealth as water held in a bucket. The more wealth you accumulate, the more water is in the bucket. Trouble is, there are many holes in the bucket.<\/p><p class=\"p2\">This leaky bucket represents your financial situation. While there are multiple ways you can \u201cearn\u201d money, i.e. your salary, bonus, inheritance, pensions, etc., money is constantly flowing out of the bucket through leaks like mortgage, groceries, travel, taxes and other expenses. A wealthy mindset looks beyond how high one\u2019s salary or income is before taxes and looks to:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f592211 elementor-widget elementor-widget-text-editor\" data-id=\"f592211\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>1. Plug the leaks, and<\/p><p>2. Consider how to grow the water in the bucket by investing at a reasonable rate of return.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3bd0da2 elementor-widget elementor-widget-text-editor\" data-id=\"3bd0da2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">Thus, a wealthy mindset aware of the Leaky Bucket and focused on building what\u2019s in the bucket will help you sustain a reliable source of cash flow in retirement, independent of your salary or business income, and empower you with greater choice for how you want to live for the rest of your life.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-a0febc7\" data-id=\"a0febc7\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5fbafbd elementor-widget elementor-widget-image\" data-id=\"5fbafbd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"779\" height=\"1024\" src=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/financialassets-1-scaled-779x1024.webp\" class=\"attachment-large size-large wp-image-4049\" alt=\"financial assets\" srcset=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/financialassets-1-scaled-779x1024.webp 779w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/financialassets-1-scaled-228x300.webp 228w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/financialassets-1-scaled-768x1009.webp 768w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/financialassets-1-scaled-1169x1536.webp 1169w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/financialassets-1-scaled-1558x2048.webp 1558w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/financialassets-1-scaled.webp 1948w\" sizes=\"(max-width: 779px) 100vw, 779px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-076ecef elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"076ecef\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-832ecf1\" data-id=\"832ecf1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4c875dc elementor-widget elementor-widget-text-editor\" data-id=\"4c875dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\" style=\"text-transform: uppercase;\">Here are a few common \u201cunhealthy\u201d perspectives that I\u2019ve helped my clients overcome, to enjoy a healthier \u201cWealthy Mindset\u201d:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-9657081 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9657081\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ac1168c\" data-id=\"ac1168c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b89ace9 elementor-widget elementor-widget-image\" data-id=\"b89ace9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/elementor\/thumbs\/runner-ost2iw3t9zubeehhrurv7zotnw7ep63y9onc7usw4u.png\" title=\"runner\" alt=\"the wong group\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5fc26e4\" data-id=\"5fc26e4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a96ff79 elementor-widget elementor-widget-text-editor\" data-id=\"a96ff79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Fear of taking risks <\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-67dd8c0 elementor-widget elementor-widget-text-editor\" data-id=\"67dd8c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Most people fear losing more than they enjoy winning. <\/b>However, if we repeatedly make choices to avoid loss, then the consequence of playing it too safe might put us at greater risk of not reaching our goal of the work-optional life. Instead, <i>a wealthy mindset can be\u00a0<\/i><i>developed if we seek opportunities where the magnitude and likelihood of a positive outcome <\/i>is greater than the magnitude and likelihood of a negative outcome. Yes, there may be risk of some loss, but the odds are stacked in your favor toward success. Learning to take smart risks at an early age can help build confidence and resilience to continue taking smarter risks as we get older, to create better outcomes for all.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-bcafacb elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"bcafacb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-73f8ae9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"73f8ae9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-a2bec76\" data-id=\"a2bec76\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9b2e904 elementor-widget elementor-widget-image\" data-id=\"9b2e904\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/elementor\/thumbs\/graph-ost2omwb1jpecm548c5sgji8cnw5qkwwe465sqaa3y.png\" title=\"graph\" alt=\"the wong group\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e93f5c7\" data-id=\"e93f5c7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-58c3906 elementor-widget elementor-widget-text-editor\" data-id=\"58c3906\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Overconfidence <\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a26250 elementor-widget elementor-widget-text-editor\" data-id=\"6a26250\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Most people feel more confident in areas where they feel familiar vs. areas where they feel less familiar. <\/b>There is a natural fear of the unknown. However, a little bit of knowledge (i.e. familiarity) can be dangerous, as it can lead people to be more inclined to place bigger bets or feel more confident taking bigger risks than they should. For example, I once met an investor who worked in the oil and gas industry and felt he knew the oil and gas stock market better than most investors. He took bigger bets and invested using borrowed money (i.e. on margin) because he felt he had a better sense of what junior oil and gas companies would hit it big. Unfortunately for him, there were other geopolitical and macro-economic forces at work beyond his working knowledge that caused oil prices to move in the opposite direction than he thought, and his overconfidence cost him hundreds of thousands of dollars. He then came to me for help, and I helped him rebuild his portfolio and diversify into other sectors and asset classes that he had never considered, and he has recovered his losses over the years and is now enjoying a work-optional life.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-2decbdf elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"2decbdf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e56dd6a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e56dd6a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-b0d1f2e\" data-id=\"b0d1f2e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b54134a elementor-widget elementor-widget-image\" data-id=\"b54134a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/elementor\/thumbs\/piggybank-ost2tlhn42hvmixp9hcwmaft7vfwd2lweo4ezaxh9q.png\" title=\"piggybank\" alt=\"the wong group\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d032650\" data-id=\"d032650\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-631d692 elementor-widget elementor-widget-text-editor\" data-id=\"631d692\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Anchoring <\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-88e6587 elementor-widget elementor-widget-text-editor\" data-id=\"88e6587\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Many investors anchor their frame of reference on the price they paid for something<\/b>, refusing to change their position until they can sell at or above that particular price. For example, I once had a client who was planning to sell his house in 2016. Housing prices in Vancouver where he lived had been going up for several years leading up to the peak in 2016, and there was a prevalent view that \u201cVancouver housing prices would always go up\u201d. While he had received a very strong offer from a buyer back in 2016, he didn\u2019t sell as he was holding out for a higher price. As prices eased off and declined over the next few years, this client refused to sell, with his mentality stuck on the price he was offered during the peak in 2016. He was anchored to what he could have, should have, would have, sold at instead of adapting to the current reality and making a forward-looking choice as to what a sale and downsize would enable him to have in a portfolio of income-generating assets to fulfill his work-optional life.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-75e49e2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"75e49e2\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3a175ca\" data-id=\"3a175ca\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a6da63d elementor-widget elementor-widget-text-editor\" data-id=\"a6da63d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\" style=\"text-transform: uppercase;\">The first step is awareness that you may have certain beliefs about money or your wealth that hold you back<span class=\"s2\">, <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b4c99f elementor-widget elementor-widget-text-editor\" data-id=\"3b4c99f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">and the next step is understanding how to move towards a healthier \u201cWealthy Mindset\u201d so you may be free to create the life you\u2019ve always wanted.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-55e8310 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"55e8310\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cb8d08d\" data-id=\"cb8d08d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-33a5a69 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"33a5a69\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"mailto:thewonggroup@wellington-altus.ca?subject=Financial%20Freedom\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">CONTACT THE WONG GROUP<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8259adf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8259adf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-19d1558\" data-id=\"19d1558\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fdcf02c elementor-widget elementor-widget-text-editor\" data-id=\"fdcf02c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>STEP 2 &#8211; <span style=\"color: #bdac81;\">PLAN<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d688d7a elementor-widget elementor-widget-text-editor\" data-id=\"d688d7a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Develop a Financial Plan and an Investment Plan <\/b><b>tailored to your Work-Optional Life<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13ce5f2 elementor-widget elementor-widget-heading\" data-id=\"13ce5f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u201cTo invest successfully\ndoes not require a\nstratospheric IQ, unusual\nbusiness insights, or inside\ninformation. What\u2019s needed\nis a sound, intellectual\nframework for making\ndecisions, and the ability\nto keep emotions from\neroding that framework.\u201d<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c16717 elementor-widget elementor-widget-text-editor\" data-id=\"7c16717\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><i>\u2013 Warren Buffett<\/i><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1170819 elementor-hidden-mobile\" data-id=\"1170819\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-89ae941 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"89ae941\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2744753\" data-id=\"2744753\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bba7b7a elementor-widget elementor-widget-text-editor\" data-id=\"bba7b7a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>The goal is to develop both a Financial Plan, and separately, an Investment Plan that is aligned with your <\/b><b>Financial plan and they go hand-in-hand. <\/b>Most investors I\u2019ve met have one or neither, rarely both. While the Financial Plan identifies what you need to have happen to meet your goals, the Investment Plan is the implementation strategy that\u2019s important to help you meet them. Let\u2019s consider why both are important to successfully create the \u201cwork-optional life\u201d:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0ddb2d9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0ddb2d9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9742024\" data-id=\"9742024\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e58bc6f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e58bc6f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5406da4\" data-id=\"5406da4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b22f037 elementor-widget elementor-widget-text-editor\" data-id=\"b22f037\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Financial Plan<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1627772 elementor-widget elementor-widget-text-editor\" data-id=\"1627772\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p3\"><i>According to the Financial Standards Council <\/i><i>of Canada, Canadians who engage in financial <\/i><i>planning report significantly higher levels of <\/i><i>financial and emotional well-being than those <\/i><i>who don\u2019t.<\/i><\/p><p class=\"p3\">While you could try to develop a Financial Plan on your own, a Certified Financial Planner (CFP) is equipped with both the expertise and relevant software to help you complete this process.<\/p><p class=\"p3\">Begin with the end in mind. To start the Financial Planning process, picture how your \u201cwork-optional life\u201d will look and feel, then estimate how much monthly or annual cash flow you would realistically need to have generated for you to maintain this lifestyle.<\/p><p class=\"p3\">Then, the CFP would calculate how much you would need in a balanced investment portfolio to reasonably be able to sustain and generate this amount of cash for you. Finally, the CFP would work backwards to determine how much you need to save and invest today in order to get to the point where you\u2019ve built up enough of an investment portfolio to sustain your work-optional life.<\/p><p class=\"p3\">These are the basic steps to developing a Financial Plan, while there are also additional steps to a Comprehensive Financial Planning process, like insurance planning, tax and estate planning, and planning around specific goals like your kids\u2019 education.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-303738c elementor-widget elementor-widget-image\" data-id=\"303738c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/markus-spiske-3Tf1J8q9bBA-unsplash-scaled-1-1024x683.webp\" class=\"attachment-large size-large wp-image-4051\" alt=\"markus-spiske\" srcset=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/markus-spiske-3Tf1J8q9bBA-unsplash-scaled-1-1024x683.webp 1024w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/markus-spiske-3Tf1J8q9bBA-unsplash-scaled-1-300x200.webp 300w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/markus-spiske-3Tf1J8q9bBA-unsplash-scaled-1-768x512.webp 768w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/markus-spiske-3Tf1J8q9bBA-unsplash-scaled-1-1536x1025.webp 1536w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/markus-spiske-3Tf1J8q9bBA-unsplash-scaled-1.webp 2000w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d09384c\" data-id=\"d09384c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c266f75 elementor-widget elementor-widget-text-editor\" data-id=\"c266f75\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Investment Plan<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-40903b0 elementor-widget elementor-widget-text-editor\" data-id=\"40903b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p3\"><i>After 20 years in the investment industry <\/i><i>working in New York City and focused on the <\/i><i>global markets, I\u2019ve seen many investment <\/i><i>strategies and how some work better than <\/i><i>others. Most importantly, every investor needs <\/i><i>an Investment Plan that they can stick with.<\/i><\/p>\n<p class=\"p3\">What I\u2019ve found works best is a disciplined, structured investment approach rooted in financial science that continually stacks the odds of success in investors\u2019 favor. I call it the Smart Risk investment approach. It\u2019s unlike \u201ctraditional\u201d investment strategies that are based on stories or \u201cgut feel\u201d of where the market is headed.<\/p>\n<p class=\"p3\"><b>The Smart Risk investment approach <\/b>is both an art and a science and is based on 3 key ideas:<\/p>\n<p class=\"p3\"><b><i>1. Align the investment holdings with the <\/i><\/b><b><i>characteristics that have been proven to lead to higher returns over time.<\/b> <\/i>A Wealthy Mindset looks for risks that offer a strong probability of higher payoff than the probability of a loss. A Smart Risk investment approach recognizes this and seeks investments with characteristics that offer higher return with less risk.<\/p>\n<p class=\"p3\"><b><i>2. Embrace market volatility. <\/i><\/b>While many people fear market corrections, a Wealthy Mindset using a Smart Risk approach realizes that market downturns are a natural and regular occurrence, and present buying opportunities and entry points for long term gains.<\/p>\n<p class=\"p3\"><b><i>3. Practice smart diversification. <\/i><\/b>The purpose of smart diversification is to lower the risk of your investments, while enhancing the potential return. Too many investors misunderstand or improperly implement this technique. For example, investors sometimes hold several investment accounts at different financial institutions, believing this effectively diversifies their portfolio, when in fact, they often hold similar investments across the different accounts, and are taking more concentrated risk than they thought. Smart diversification is intentional diversification across different classes of assets, different geographical regions, and different industries, whose prices react differently to various economic conditions, building a more resilient portfolio on a strong foundation that can more successfully provide the steady cashflow to support your work-optional life.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9f73f9d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9f73f9d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d50fc53\" data-id=\"d50fc53\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-935483f elementor-align-center elementor-widget elementor-widget-button\" data-id=\"935483f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"mailto:thewonggroup@wellington-altus.ca?subject=Financial%20Freedom\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">CONTACT THE WONG GROUP<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f606b9b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f606b9b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-de3c8ac\" data-id=\"de3c8ac\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3e6e849 elementor-widget elementor-widget-text-editor\" data-id=\"3e6e849\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>STEP 3 &#8211; <span style=\"color: #bdac81;\">PEOPLE<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d42ea elementor-widget elementor-widget-text-editor\" data-id=\"c2d42ea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Surround yourself with a Circle of Trust<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c5a50e elementor-widget elementor-widget-heading\" data-id=\"8c5a50e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u201cFriends are sometimes a big help when they share your feelings. In the context of decisions, the friends who serve you best are those who understand your feelings but are not overly impressed by them.\u201d<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d47b2a elementor-widget elementor-widget-text-editor\" data-id=\"1d47b2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><i>&#8211; Daniel Kahneman, author of \u2018Thinking Fast and Slow\u2019<\/i><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bd19405 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bd19405\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a1e9740\" data-id=\"a1e9740\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-0cfcea2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0cfcea2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6413b99\" data-id=\"6413b99\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4232064 elementor-widget elementor-widget-text-editor\" data-id=\"4232064\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>While some Canadians manage their finances on their own, 65% of Canadians over 50 years of age have invested in a professional financial advisor to be on their roster<\/b><b>. <\/b>A study from the Montreal-based Centre for Interuniversity Research and Analysis on Organizations found that those who avail themselves of professional financial advice see their assets grow over time by 1.58 to 2.73 times more than those who act alone. To truly help you attain a Wealthy&nbsp;<span style=\"font-size: 1rem;\">Mindset about your wealth and keep you on track towards achieving a financially viable retirement, this professional financial advisor must have both expertise and experience, and your best interests in mind.<\/span><\/p>\n<p class=\"p3\">One example of why it\u2019s important to surround yourself with the right people, is during extreme market volatility. During the recent COVID19 global pandemic, 1 in 5 investors sold out in a panic between February and May 2020, locking in losses, according to a Fidelity study.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2b1754 elementor-widget elementor-widget-image\" data-id=\"d2b1754\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"816\" src=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/youandyourspouse-copy-1004x1024.webp\" class=\"attachment-large size-large wp-image-4053\" alt=\"\" srcset=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/youandyourspouse-copy-1004x1024.webp 1004w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/youandyourspouse-copy-294x300.webp 294w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/youandyourspouse-copy-768x784.webp 768w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/youandyourspouse-copy.webp 1485w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-020a46d\" data-id=\"020a46d\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bd2f185 elementor-widget elementor-widget-image\" data-id=\"bd2f185\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"710\" height=\"1024\" src=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/cutandrun-710x1024.webp\" class=\"attachment-large size-large wp-image-4052\" alt=\"cutandrun\" srcset=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/cutandrun-710x1024.webp 710w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/cutandrun-208x300.webp 208w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/cutandrun-768x1108.webp 768w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/cutandrun-1065x1536.webp 1065w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2023\/07\/cutandrun.webp 1310w\" sizes=\"(max-width: 710px) 100vw, 710px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c9d1454 elementor-widget elementor-widget-text-editor\" data-id=\"c9d1454\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">One of the most valuable aspects of having a professional financial advisor during these times of extreme market volatility, is the value of having sound advice from a professional to talk through the emotional fog and fear. It is the role of the professional advisor to help you instill a healthier mindset to avoid selling out in a panic and stay invested to participate as markets recover.<\/p><p class=\"p2\">Invest in building the right group of people or advisors, what I call your \u201cCircle of Trust\u201d to keep you thinking and acting in a financially healthy way.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ec091ea elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ec091ea\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-de34d26\" data-id=\"de34d26\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-db434bd elementor-widget elementor-widget-text-editor\" data-id=\"db434bd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\" style=\"text-transform: uppercase;\">Characteristics to look for in finding the right professional financial advisor include:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d78824 elementor-widget elementor-widget-text-editor\" data-id=\"2d78824\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Competence <\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e5b7f53 elementor-widget elementor-widget-text-editor\" data-id=\"e5b7f53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">look for an advisor who has credentials that demonstrate expertise and strong ethics, like the Chartered Financial Analyst (CFA) designation, a global gold-standard in the investment industry. Look for a financial advisor who acts with your best interests in mind, instead of an employee who is motivated to sell you financial products for a commission. Look for a financial advisory firm that offers state of the art technology and disciplined investment processes so your wealth can be resilient through the ups and downs of the market.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20b0f5d elementor-widget elementor-widget-text-editor\" data-id=\"20b0f5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Clarity <\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b551e8e elementor-widget elementor-widget-text-editor\" data-id=\"b551e8e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">look for an advisor who acts with integrity and transparency, helping to provide clarity around your investment strategy so you can have confidence in your financial plan, or understand what steps need to be taken to pivot now and get on the right path to achieve your work-optional life.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0928a05 elementor-widget elementor-widget-text-editor\" data-id=\"0928a05\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Congruency with Wealthy Mindset <\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66aa1cb elementor-widget elementor-widget-text-editor\" data-id=\"66aa1cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">look for an advisor who takes the time and care to deeply understand your financial goals, values and mindset around your wealth so that you can have confidence to step into financial freedom and achieve the results that matter most to you.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3dfacfc elementor-widget elementor-widget-text-editor\" data-id=\"3dfacfc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\"><b>Continuity <\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b9ec26 elementor-widget elementor-widget-text-editor\" data-id=\"6b9ec26\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">look for an advisor who thinks about your long game. This advisor has the ability to plan across multi-generations, create business succession and transition strategies, ensure you\u2019re able to achieve your philanthropic desires, and gives you the continuity you deserve.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6e7a053 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6e7a053\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a8ff673\" data-id=\"a8ff673\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-84fa6a8 elementor-widget elementor-widget-text-editor\" data-id=\"84fa6a8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>Follow these 3 key steps to help you think differently, <\/b><b>and shift to a healthier Wealthier Mindset<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-88cbc16 elementor-widget elementor-widget-text-editor\" data-id=\"88cbc16\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>STEP 1 &#8211; <span style=\"color: #bdac81;\">PERSPECTIVE<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ee7a52 elementor-widget elementor-widget-text-editor\" data-id=\"9ee7a52\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>STEP 2 &#8211; <span style=\"color: #bdac81;\">PLAN<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1858fe7 elementor-widget elementor-widget-text-editor\" data-id=\"1858fe7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>STEP 3 &#8211; <span style=\"color: #bdac81;\">PEOPLE<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e03b5b elementor-widget elementor-widget-text-editor\" data-id=\"7e03b5b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p2\">This Wealthy Mindset has helped many of our clients achieve the \u201cwork-optional life\u201d \u2013 a lifestyle where you are liberated from the financial stress and the need to rely on a salary or income from your business; a life where you can finally enjoy a reliable and sustainable cash flow from a portfolio of investments that generates steady income to cover all your lifestyle needs, now and in the future.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1b8066a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1b8066a\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c0585da\" data-id=\"c0585da\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-337767d elementor-widget elementor-widget-heading\" data-id=\"337767d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Take the next step to having the lifestyle you want, and lets continue the conversation.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1777345 elementor-widget elementor-widget-text-editor\" data-id=\"1777345\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Maili Wong,<\/strong> CFA, CFP, FEA<\/p><p>Senior Portfolio Manager, Board Director and Executive Vice President at Wellington-Altus Private Wealth and Author of Amazon Bestselling book<em>, \u201cSmart Risk: Invest Like the Wealthy to Achieve a Work-Optional Life\u201d<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6099596 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6099596\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-be899d7\" data-id=\"be899d7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b68010d elementor-widget elementor-widget-spacer\" data-id=\"b68010d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The Wealthy Mindset \u2013 How to Think Differently to achieve Financial Freedom I often meet with people who have questions about retirement, who feel frustrated, scared or confused about whether they are on the right path to achieve the freedom to live the life they\u2019ve always wanted. Like them, you may be striving for what [&hellip;]<\/p>\n","protected":false},"author":54,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","footnotes":""},"class_list":["post-1027","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Learn How to Think Differently to Achieve Financial Freedom | The Wong Group<\/title>\n<meta name=\"description\" content=\"Top ranked financial advisor, Maili Wong, lays out a roadmap to how you change your mindset to achieve financial freedom and grow your wealth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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