TechCrunch: “It is the year of the healthcare wealth bracelet.
If you have the money, you can invest it in healthcare companies and benefit from the wealth of your family members and the world.”
A new survey by Wealth Watchers suggests the wealth bracelets market is set to expand as more people look to invest their wealth.
The report found that the number of individuals investing in healthcare products, including health bracelets, has been increasing year on year, jumping from 1.6 million in 2017 to 2.5 million in 2018.
This is up from just over 1.1 million in 2016.
The survey found that a total of $9.4 billion in total wealth was invested in healthcare by healthcare professionals in 2018, up from $8.2 billion in 2017.
“With healthcare being a high-margin, high-value product, there’s an incredible opportunity to be able to diversify in this sector, which is one of the fastest-growing sectors of the US economy, ” said Richard Feltz, president and CEO of Wealth Watches.
“While there’s been some strong growth in healthcare in the last year, the overall market has seen the largest price gains of any sector, with a gain of nearly $2 trillion in 2018,” he said.
While the average value of a healthcare business has increased, the median amount of income that healthcare professionals received in 2018 was only $34,000, while the median income for healthcare professionals increased by $10,000.
Wisdom and Wisdom Health, a healthcare company that makes healthcare bracelets for wealthy people, said it expects healthcare wealth to grow to $1.2 trillion by 2025, up 27% from 2018.
“We believe that as healthcare companies expand, their healthcare businesses will become more profitable and will be able, over time, to create additional wealth through higher revenue streams, such as increased operating costs and capital expenditures,” said CEO Mark Feltze.
“We will continue to focus on building wealth from a strategic perspective for the healthcare industry and will continue investing in the growth opportunities in healthcare.”
Wadsworth Health Solutions, another healthcare wealth management company, said in a statement that the wealth bracelet market is expected to grow as healthcare business owners seek out higher-paying jobs.
A third healthcare wealth manager, Wealth-A-Day, said its average healthcare business now has $1 million of revenue, with about a third of that going to healthcare business founders and their teams.
The average value per healthcare business, which covers everything from healthcare facilities to healthcare products and services, is expected grow from $1,200 to $3,500 by 2025.
While healthcare wealth bracelet sales have been increasing, the average price of healthcare bracelet has not.
Wealth Watcher said the average bracelet sold in 2018 cost $12,000 in 2018 to $17,500 in 2021.
Another survey, from Wealth-Age, shows the average cost of healthcare in 2018 rose to $9,500.
What is wealth management?
Wealth management is a type of financial investing that combines investing with the application of wealth management techniques to achieve a desired end result.
Most healthcare businesses use Wealth-Advisor to manage their assets, while Wealth-Wise is a website that helps people get their money out of the system and into a safe, secure and managed investment.
To get started, a patient can buy a health bracelet from a trusted healthcare professional, who will use WealthWise to track the progress of their healthcare business.
If the patient makes enough investments, they can then invest in healthcare businesses, such for a company that provides healthcare products or services, or an investment that is based on a product that the healthcare business sells.
In this way, a person can save money and earn more from their healthcare investments.
How much can you save?
A $1 billion healthcare wealth portfolio can grow to over $8 billion by 2025 with the average annual growth rate being 1.5%.
The average annual wealth earned from healthcare investments in 2018 is $931,000 and the average wealth earned by healthcare investors was $564,000 according to the Wealth-wise Health survey.
Who is most at risk of losing their wealth?
A person with less than $30,000 of wealth can lose $30 to $80,000 each year due to: a lack of knowledge of healthcare investment strategies, such in how to invest and when to invest; a healthcare debt and investment policy that does not provide for the right level of protection for your wealth; an investment policy where the risk of being left with a loss is not taken into account; lack of diversification of your assets; universally accessible healthcare insurance, which does not cover investment risk; poor asset protection for healthcare investments, such with policies that require your assets to be held in a specific asset class