Explain the investor life cycle in detail.
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Understanding where you are in the investor lifecycle is an important element of financial planning and wealth management. The investor lifecycle sees investors going through three basic stages in their investing career. These include the accumulation phase, the consolidation phase and the spending phase/retirement.
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to the different stages of investment ownership, from the initial purchase, to the sale of the investment
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The investor life cycle refers to the different stages of investment ownership, from the initial purchase, to the sale of the investment. The most commonly used investor life cycle includes the accumulation phase, the consolidation phase and the spending and gifting phases.
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