Dollar Denominated Assets: Get Out Now [View article]
I agree with the overall message here ("Diversify beyond electronic assets while you still can!"), but the communication isn't entirely successful. Financial advisors have done themselves a huge disservice catering to their own narrow interests over the client's - now we all need to be much more frank and explicit what any & all investment risks might be. Clients' cynicism demands it.
While I fully agree fine art & high-end collectibles might be a valid diversification, anyone suggesting unorthodox strategies (include bullion here) should produce an iron-clad case without the garbage-chatter that hyped stocks for the past few decades.
Dollar Denominated Assets: Get Out Now [View article]
While I fully agree fine art & high-end collectibles might be a valid diversification, anyone suggesting unorthodox strategies (include bullion here) should produce an iron-clad case without the garbage-chatter that hyped stocks for the past few decades.
The message & delivery MUST change. Sorry.