Rule No. 1: Never lose money.
Rule No. 2: Never forget rule No. 1.
- Warren Buffett
Preserving and transferring Wealth is the primary components of a successful wealth management plan. A wealth preservation strategy can ensure that assets not only grow over time but also provide a legacy for one’s family. While risk is unavoidable and no-one can predict the changing climate of the market, smart investment strategies focus on investing in a variety of assets that hedge inflation while giving optimal time for growth.
Advance planning can help you understand short and long-term objectives and use tools to help you meet your goals. Consider these three investment strategies for wealth preservation.