As far as I know, and from a general perspective, "building wealth" seems identical to the term "making money." I am confused because investing generally isn't about making money in the same sense as one making money for completing a task (although most people do make money investing).
I am wondering since my credit card company offered me a complimentary phone session with them regarding investing (for example, they want to discuss how they can match me with an adviser; help me better structure my investments; reach certain goals with more affinity to them; etc.).
I noticed on my credit card issuer's site a message that reads something similar to this:
The first step to being successful with investing is with building wealth. Plan your investments with your preferred risk-tolerance & we'll help you reach your goals for the future, retirement, etc.
Basically, what does "building wealth" mean here exactly? The wealth built-upon from my investments, or the wealth I'm going to use for the investing in the first place? How should I make sense of this?
So I can just tell the adviser something like:
Hey! I'd like to succeed in strategies for building more wealth. Can you give me a couple of millions worth of wealth so that I can put the money in a money market account and live solely off the interest? Thanks and happy earnings to my massive pile of wealth. Also, you handle it all for me.
Forgive the harsh example, but how else would I be expected to understand this?
Wealth from investing? Wealth to invest? Wealth to invest and wealth from investing?