Wednesday, February 17, 2021

Active Career Management

Money laundering is when criminals try place their dodgy dealings in the financial system so they can spend it. A big part of the fight against this form of crime revolves around tracking the “source of wealth”. You don’t pitch up one day with two bags of cash to buy a Ferrari without questions being asked. Anyone living obviously beyond their means (spending more than they earn) is going to be suspicious. Unless they have a good explanation, and evidence. Rich generous parents or something other than the traditional “get a job” or “start a job”. Building capital requires a source. Bradley Shearer founded Protagion - Active Career Management in an analogous way to Fundamental Stock Pickers. The source of wealth is often very traditional. A job. A job comes with choices. Investing in continuous education. Identifying roles you want. Building the skills for them. Converting your skills into capital to support that. Protagion is hosting a virtual conference (#ProWeek) to explore some of the ideas. I will be participating in both an open panel on “financial independence and diversifying income”, and a smaller group discussion for subscribers focusing on my ideas around Financial Yoga.


 

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