While several countries around the world are going through an economic slowdown or a complete economic collapse, the United States economy seems to be doing rather well. Unemployment is low, business and consumer confidence levels are high, and all the stock indices are hitting all-time highs. Most Americans have digital wealth and believe that their assets are safe in our financial systems. Ted Bauman is an editor at Banyan Hill Publishing who specializes in low-risk investment strategies and asset protection. With stock markets soaring, the last thing on the minds of many participants in the market is asset protection because they believe the good times in the market are here to stay. However, it is prudent to store a small portion of assets outside the reach of the government and financial institutions. Also, with high valuations for stocks, it may be time for investors to consider a low-risk approach to investing.
Ted Bauman had written in one of his blogs about a relative who stored a massive amount of assets at their home. He mentioned how his relative’s assets were kept in a study, but not protected well. His relative could have lost all their wealth in a burglary or a natural disaster. Ted Bauman advises individuals to purchase a water and fireproof lock box to store some valuables at home. He recommends storing some precious metals, cash, expensive jewelry, and other valuables. He is not advocating for people to store all their wealth at home, as that would be foolish in most scenarios.
For the assets that are to stay in the financial institutions, Ted Bauman advocates a proper balance of stocks and bonds. Many investors shy away from bonds due to a lack of understanding. Bonds can protect a financial portfolio if there is a stock market crash. Bonds pay interest to an investor and can be a reliable stream of income, very similar to dividend investing. Ted Bauman advises not to completely sell out of one’s stock positions if they believe a crash is imminent. He points to the famous 1987 crash where investors who panicked and sold everything lost money. Investors who held came out ahead at the end of the year. Ted Bauman Says Amazon Isn’t a Monopoly, Warns Shareholders of Vulnerability
Fortress Investment Group has become successful over the years even after being acquired by SoftBank thanks to reliable principals like Peter Briger. He alongside the other principals have created the company to become an admiration of many in the world of business precisely the alternative asset management sector. Peter Briger is the principal and co-chairman of the Fortress Investment Group and his primary role is in the department of real estate and the credit finance business. Additionally, he focuses on issues that bother investors in regards to debt that becomes a burden and requires external intervention. He is an experienced individual in the world of investment which he owes to Goldman Sachs & Co. where he served for 15 years in operational management and leadership.
Peter Briger’s education has added value to his contribution at work and his daily activities as he holds a master of business administration and a bachelor of arts. He attended Wharton School of Business at the Pennsylvania University and the University of Princeton respectively. With his knowledge and skills, he happens to be the mind behind the first Bitcoin regulated exchange an idea he shared with Fortress Investment Group. Even though it was difficult putting things together, Peter Briger had to make the idea work and therefore explained repeatedly to the interested parties what the project entailed. Some bought the idea while others withdrew which made him feel devastated especially in the case of Wells Fargo which had given him hope of being part of the project. All was not lost though as Wall Street came through and became part of it which made his idea become a successful reality.
Having studied at the Princeton University, Peter Briger gives back to that community by offering them financial support to start businesses. Additionally, he provides his experience and expertise to help sustain these businesses and as well instil knowledge to those that are involved. In that case, he is not selfish with what he knows as he shares it with the younger generation hence securing the future of the financial world. With his commitment at work, he has done well for himself and was once featured in the Forbes Billionaire list where he was ranked number 407. In that case, his hard work has not been in vain, and his efforts can, therefore, be emulated by individuals who wish to thrive in business in a similar capacity.
Learn more: https://littlesis.org/person/37937-Peter_Briger