High net worth: Those with US$ 1 million to US$ 5 million of investable assets — not including the primary residence and
other hard assets like cars or jewelry.
Not exact matches
The trade and ownership of privacy coins are, by and large,
harder to track than those of
other digital
assets like bitcoin or Ether.
Granted recent crypto volatility makes it
hard to put Bitcoin or Ether into the same category as
other assets like gold.
My
other investments
like retirement are diversified, but as as far as passive income goes, it's
hard to diversify when you only feel competent in one
asset class!
The companies that own
hard assets like pipeline master limited partnerships (MLPs) and real estate investment trusts (REITs) are a good addition for inflation protection though they can pay off in
other ways as well.
Even with such a low % of the population affected, taxes
like this are
hard to enforce and not so
hard to legally avoid or reduce - for example, wealthy French people keeping wealth in neighbouring Belgium is common, as well as buying exempted
assets, giving «temporary gifts» and
other such techniques.
What the author did not understand was that my stocks were all
asset plays, valued on the basis of things
like real estate holdings and
other hard assets.
And many
hard - hit US states were full - recourse
like most provinces — the ability to go after someone's
other assets is meaningless protection if they're all - in on real estate and will declare bankruptcy if they get too far underwater.