{"id":48607,"date":"2023-12-07T09:07:47","date_gmt":"2023-12-07T14:07:47","guid":{"rendered":"https:\/\/www.escapeartist.com\/?p=48607"},"modified":"2023-12-19T23:45:02","modified_gmt":"2023-12-20T04:45:02","slug":"escape-artist-insiders-inside-our-december-2023-diversification-issue","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/escape-artist-insiders-inside-our-december-2023-diversification-issue\/","title":{"rendered":"Escape Artist Insiders: Inside our December 2023 \u201cDiversification\u201d Issue"},"content":{"rendered":"
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When it comes to putting together a Plan B, the main driver truly is Diversification. Diversification in your assets and investments, diversification in the currencies your hold, diversification in where you spend your time and money.<\/p>\n
Our December 2023 \u201cDiversification\u201d issue of Escape Artist Insiders magazine<\/a> is an early Christmas gift for anyone who is thinking they want to get moving on their Plan B in the new year. This issue is packed with actionable advice, along with insights that may help you gain a new perspective on where things are heading in the world.<\/p>\n Here\u2019s a snapshot of some of the articles you\u2019ll find in our December 2023 \u201cDiversification\u201d issue of Escape Artist Insiders Magazine. Click here to subscribe and get your copy now!<\/a><\/p>\n <\/p>\n In this article<\/a>, Mike Cobb discusses the potential economic issues that could arise with the mass retiring of the Baby Boomer generation.<\/p>\n It is estimated that Boomers will be liquidating $70 trillion of assets to pay for their retirement, and this is going to cause a supply\/demand imbalance, with way too much supply and not enough demand. Future generations don\u2019t have the liquidity to buy up all these stocks, and certainly not at today\u2019s inflated prices. All these factors together could lead to a massive stock market crash, with average Joe and Jane Stockholder left holding the bag.<\/p>\n Mike goes on to detail importance of diversifying your investments outside of the stock market so you don\u2019t have all your eggs parked in one basket, and how international real estate is a great way to do this. Boomers are already headed south in droves to stretch their dollars further in retirement and you have the chance to strike while the iron is hot.<\/p>\n Subscribe now<\/a> to get the full story about how you can protect yourself by diversifying your investments, and make a great return doing it.<\/p>\n <\/p>\n In this article<\/a>, Joel details the importance of viewing asset protection through a wider lens than your financial investments alone.<\/p>\n Rather, he views a holistic asset protection plan to include your financial investments as well as legal, lifestyle and legacy matters.<\/p>\n When he speaks about laws, it really comes down to leveraging existing laws to properly protect yourself and your assets. For lifestyle, he talks about the importance of having a Plan B (and C, D, and E!) via additional residency, citizenship, or investments in other countries.<\/p>\n Finally, Joel discusses the importance of legacy planning, meaning \u201ceffectively stewarding wealth from one generation to another in the most effective way.\u201d This involves long-term structures, investments and planning ahead, rather than waiting for a problem to arise.<\/p>\n You will definitely want to read this insightful article<\/a> for ideas on what your considerations should be for defensively diversifying your life in today\u2019s dangerous world.<\/p>\n <\/p>\n Have you ever considered Turkey while pondering your Plan B plans? After reading this article<\/a>, where Charlotte interviews Mehmet Can Alata\u015f, a lawyer based in Istanbul, Turkey, you might just be enticed to put it on your list!<\/p>\n Charlotte\u2019s interview with Mehmet will give you some great information about the different types of citizenship by investment options available, including documentation required, the steps required to purchase property in Turkey, and the benefits of the program.<\/p>\n Further, you will get a better idea of what it is like to live in Turkey and how the current regional conflicts are affecting the nation, both extremely important points you will need to consider before including Turkey in your plans. Subscribe today<\/a> to read the full article and get insights on Turkish citizenship you won\u2019t find anywhere else.<\/p>\n <\/p>\n If you are on the fence about investing offshore, Luigi walks you through some of the primary reasons why you may want to consider doing it sooner than later. Not only do you have the potential for greater returns while incurring lower volatility, but the taxes incurred on your returns may also be more favorable.<\/p>\n He then walks us through some of the main considerations to take into account before investing overseas, such as where to invest, how diversified your portfolio should be, and examples of offshore investments.<\/p>\n This article<\/a> is a must-read for anyone who is looking to invest overseas but isn\u2019t quite sure where to start, or what that might look like as part of their overall financial goals. In this day and age, offshore investing should be part of your overall financial planning. Subscribe now<\/a> to read the full article and discover how properly investing overseas increases the potential for success and improves your overall financial security.<\/p>\n <\/p>\n In this article<\/a>, Rich delves into how proper investment diversification can help you keep more of what\u2019s yours.<\/p>\n His strategy is simple: don\u2019t keep all your assets in one currency, one country, or one investment. Most people tend to invest in what is comfortable and easy, but that can lead us into dangerous territory.<\/p>\n Should you have all your assets in your local currency, what should happen if your currency is completely devalued? Should you have all your assets in your home country, what should happen if you go to war, or under the power of a hostile government?<\/p>\nDiversify Before It\u2019s Too Late by Michael K. Cobb<\/strong><\/h2>\n
Asset Protection for a Dangerous World by Joel M. Nagel, Esquire<\/strong><\/h2>\n
Diversify Your Lifestyle with a Second Residency or Citizenship by Charlotte S. Tweed<\/strong><\/h2>\n
Financial Diversification with Offshore Banking and Investing by Luigi Wewege<\/strong><\/h2>\n
Avoid Two-Legged Stools by Rich Checkan<\/strong><\/h2>\n