The Top Assets for a Defensive Wealthy Investors
The 2008 financial crisis was a wake-up call for anyone with money in the stock market. The crash took off nearly 40% of the S&P 500’s value and everyone who had most of their money in stocks or mutual funds took a major hit to their finances. It would be years before indexes rose again to match what had been lost that year.
The shakeup became a pivotal moment for high net worth investors and anyone who wasn’t content to watch their wealth disappear in the blink of an eye like that. Knowing that economies are cyclical, and the next market crash is always waiting around the corner, savvy investors started looking for alternative assets.
Although prone to their own cycles and speculative bubbles, these had to be assets that operated differently than the stock market. They needed to...