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Tag Archive for wealth accumulation

Is Bitcoin As Good As Gold?

Joe Barbieri, Tax Connections

Gold and Bitcoin have been used synonymously as safe havens and currencies. What is a safe haven? It is a place to park wealth or money when there is a high degree of uncertainty in the environment. It has to be something that everyone can believe in even if the current institutions, governments or players in the business game are not available. The wealth has to be kept safe in times of trouble. What are the risks to someone’s wealth? There is theft by robbery if it is a physical asset. There is damage by fire, flood or other elements. There is the legal issue in not being able to determine if the asset is really yours or not. There is access risk in that you may own the asset but may not be able to get your hands on it. You may own the asset but may not be able to use it due to some restriction. Who else do you have to rely on to be able to use your wealth – spending it, investing it or converting it into different units of measure (currencies)? Read more

Underlying Concepts We Employ In Our Planning

David Southwell

Understanding the fundamental concepts through which a strategist approaches his or her work is vital to your selection of a strategist and to consideration of proposed strategies. We have developed these concepts through our many years of working with clients and planning professionals in different disciplines.

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