Preparing For The Next
Market Collapse
Summary
· About two-thirds of Americans anticipate
another financial crisis.
· More are worried about a market crisis
than are prepared for one.
· Here is what works and what doesn't in a
total market collapse.
It is an uncertain world and I want to
be prepared
According to recent survey data from Northwestern
Mutual, 67% of Americans believe that over time, there likely will be more
financial crises. However, are these Americans prepared for the next one? A
market collapse to be a possibility that many investors are vaguely aware of,
but fewer have taken concrete steps to plan for. This is not something that I
specifically expect and it is certainly not something that I hope for. It is
something that I insure against in a prudent, moderate way. Read More
Why Prepare For Anything?
Platinum Wealth Partners - Top Investors Edge
There is little doubt that it makes good sense to craft back-up and disaster plans. Flexibility and prompt responsiveness, too are critical factors. Plans a,b c and so forth forth should be established.
However, one must be realistic as to what lies ahead - that could a collapse beyond all proportions and unprecedented in human and economic history.
This is our greatest fear , and its likelihood is great.
However, one must be realistic as to what lies ahead - that could a collapse beyond all proportions and unprecedented in human and economic history.
This is our greatest fear , and its likelihood is great.
International Offices
April 29, 2015