Why Building Community Wealth Is A Key Challenge To Corporate Power

As of 2009, there are 10.3 million employee-owners of companies own in whole or part by ESOPs, with net assets of $869 billion. In other words, the average ESOP employee-owner has an ownership stake of over $84,000. NCEO estimates that since 2009 the number of ESOPs has climbed over 10 percent to 10,900 companies. Employee ownership also has powerful economic stabilizing effects: between 2000 and 2008, while the number of manufacturing jobs fell 29 percent in the state of Ohio, employee-owned manufacturing jobs held steady, dropping only 1 percent.

How to build your wealth in simple steps!

For the most part, this gap is normal, since your ability to save and invest in wealth changes depending on where you are in life. Young adults in their 20s, for example, should focus on building wealth by acquiring the foundational skill sets and education that prepares them for high-paying, wealth-building positions later in life. Don't make the mistake of thinking you should rack up hours at your part-time job to reach a certain number in your bank account. Devoting too much time to waiting tables at the expense of your studies or developing experience in a long-term career may hurt your ability to acquire wealth over your life time.

Deutsche Asset & Wealth Management Acquires Results Way, CA

When you begin your career it is understandable that the initial salary will be low. However, even small amounts of savings in good investments will help in slowly and steadily building your wealth. For example, let us look at the case of Raj and Shyam. Raj, who is 25 years old, needs to invest Rs 1,500 per month for the next 35 years to build a corpus of Rs 57.4 lakhs (Rs 5.74 million) at the return rate of 10 per cent per annum. Click NEXT to read further. .

Stages of Wealth Building

As part of the Alternatives and Real Assets platform, https://www.facebook.com/TheElevationGroup this business today has more than 450 employees around the world and US$47.3 /34.9 billion1 in assets under management as of September 30, 2013, and offers a diverse range of strategies and solutions across the risk/return and geographic spectrums, including core and value-added real estate, real estate securities, real estate debt and opportunistic real estate. The real estate investment business employs a disciplined investment approach and aims to deliver superior long-term risk adjusted returns, preservation of capital and diversification to its investors, which include governments, corporations, insurance companies, endowments, retirement plans, and private clients worldwide. To learn more about Deutsche Asset & Wealth Management's real estate investment capabilities, go to www.rreef.com . Excludes infrastructure securities assets under management, which were previously reported under the RREEF Real Estate business. Deutsche Asset & Wealth Management With $1.26 trillion of assets under management (as of Sep 30, 2013), Deutsche Asset & Wealth Management is one of the world's leading investment organizations.