All articles tagged with #wealth preservation
Sam Walton, founder of Walmart, strategically kept his company's stock in family trusts rather than in his children's names, protecting the family's wealth from divorce-related risks and ensuring long-term control, a move contrasted with the Vanderbilt family's experience of wealth dilution over generations.
The article discusses the enduring value of gold, emphasizing its ancient origins from star explosions and its unique, unchangeable nature, suggesting that gold's appeal as a safe investment is just beginning to grow.
High-net-worth individuals (HNWI) are changing their investing habits amid falling stock prices, rising interest rates, and an uncertain economic outlook. According to a report by the Capgemini Research Institute, HNWI individuals have increased their allocation to cash and cash equivalents to 34% of their wealth in 2022, up from 24% the previous year. This is the highest rate in over a decade. The report also found that only 23% of HNWI wealth was held in equities, down from 29% in 2021. HNWI individuals are opting for short-term cash allocation, checking accounts, savings accounts, and CDs. The focus on wealth preservation has become a priority for HNWI, with nearly 70% citing it as their main focus.
A crypto analyst predicts that Bitcoin will break a macro downward resistance in April, which has kept it bearish since hitting its all-time high in 2022. The analyst notes that Bitcoin tends to break macro downtrend around a year before its upcoming halving, which is slated for April 2024. Another factor favoring Bitcoin is a quarterly bullish engulfing candle, which historically has preceded multiple quarters of upside. Meanwhile, another analyst points out that Bitcoin now plays a different role in investors' portfolios than it has in the past, as it is now an effective way to preserve wealth and store value.