Money Money Money

Working in the wealth management line has exposed me to the ugly and pleasant sides of people because after all, we are dealing with something sensitive...money.

I think the best thing about working in this profession is really learning to manage expectations about money. No doubt I am an aggressive investor by nature, it is different when it comes to clients' money. Yes I do go for investments with higher profit potential but it is with understanding a simple rule :

Nothing comes free.

Higher returns = Higher risk.

It's a simple rule of life isn't it?

There are times I get requests for the highest returns, lowest risks, no strings attached but high return deposits etc. Sometimes the hardest part of this profession is managing such expectations. Yes we do find good deals from time to time but unfortunately, they are often not available to retail investors. You will be surprised at the amount of enthusiasm banks have in lending money to those who need it least and the doors that open like magic to those who already have some.

Greed is the thing that one sees most often in the money profession. One sees the heights greed can motivate people to reach as well as the depths it drives people to. Greed is the thing that opens one's eyes to new things while blinding one at the same time with all its bling-bling glory.

I hate to burst bubbles sometimes but it is to me, necessary to the job. Better to build a more realistic bubble then to have a huge bubble that is filled with literally nothing but hot air.