{"id":23830,"date":"2019-04-07T09:15:51","date_gmt":"2019-04-07T13:15:51","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=23830"},"modified":"2022-11-02T16:23:40","modified_gmt":"2022-11-02T21:23:40","slug":"why-everyone-needs-asset-protection","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/why-everyone-needs-asset-protection-part2\/","title":{"rendered":"Why Everyone Needs Asset Protection: A Guide To Asset Protection Strategies"},"content":{"rendered":"
Whether you\u2019re holding onto a small nest egg or a multi-million dollar investment portfolio, everybody wants to keep as much money as possible in their pockets. <\/span><\/p>\n Financial strategies designed to protect your wealth<\/a> are important whether you have less than $250,000 in assets or over $10 million in assets. It is important that you find the proper strategies that will work best for you.<\/span><\/p>\n But in a world where the vast majority of legal and regulatory systems are designed to disrupt capital accumulation, that objective is harder to accomplish than you might imagine. <\/span><\/p>\n Today, taking ownership of even a modest share of assets will expose you to a variety of risks that you may not fully understand until it\u2019s too late.<\/span><\/p>\n I know that this might sound like unnecessary paranoia, but as someone who has spent the past 20 years or so working to achieve financial freedom, I can tell you that building real, lasting wealth can be extremely difficult if you\u2019re not prepared for the challenges that come with it. In other words, getting rich is easy \u2013 staying rich is much more difficult. <\/span><\/p>\n Whenever I get the chance, I make sure to hammer home the importance of diversification because I know how flimsy the illusion of comfort can be.<\/span><\/p>\n Over the past couple of decades, we\u2019ve been through multiple major recessions, real estate bubbles, massive political upheavals and at least a couple of currency collapses. With all that going on, you better believe that you need a backup plan. <\/span><\/p>\n Now, that doesn\u2019t just mean spreading your wealth across different stocks, commodities, ETFs, REITs, and bonds. It\u2019s not even just about purchasing property and other market-resistant tangible goods (although I am a big believer in using <\/span>gold and silver<\/span> as hedging devices). <\/span><\/p>\nWhy Do You Need Asset Protection?<\/strong><\/h2>\n