The title of the book secret of money-making is about personal financial planning. The reader will know the importance of wealth cycle. Wealth-cycle epitomizes the relationship of the flow of money and a person's life. It is a precise and simple way to look at your entire financial life and quickly figure out your position and make investment decisions, wealth protection plans and plan for successor or transfer of wealth. Developing a wealth management plan will secure one’s financial independence. Birth, childhood, graduation, early employment, marriage, children, education/marriage of children and retirement -- these are the life phases that people normally go through. The asset allocation and investment choices that are made would need to keep the life cycle in mind.
Thus, in the early stages of one's professional career, the investment mix would be more like that set out above for the "Accumulation" phase in the wealth cycle. Towards retirement, it would be more like the "Distribution" phase in the wealth cycle. The investment mix would need to specifically provide for expected spikes in expenses in between ("Transition" phase), such as for buying house, marriage of children, etc.