Ted Bauman Gives Advices on Protecting Your Wealth

Ted Bauman, a graduate of the University of Cape Town, is currently an editor at Banyan Hill Publishing. He has degrees in economics and history. He’s involved with many charities, including the Habitat for Humanity which has allowed him to travel to many countries. He’s worked for the World Bank, written articles for numerous journals, and has decades of experience in the financial environment. Follow Ted Bauman on Twitter for more updates.

At Banyan, one of the newsletters that Ted Bauman serves as editor for is called The Bauman Letter. In The Bauman Letter, he advises people on ways to protect their wealth in case of a market crash or a disaster. For investments, he suggests keeping a protective plan to prevent monetary loss. Investors should not try for immediate gains in profit by being risky and instead be patient and allow their returns to steadily increase. Ted Bauman also advises investors to invest in bonds in addition to stocks. Bonds are less risky than stocks and will protect an investment portfolio during a stock market crash.

For assets, Ted Bauman gave a few strategies in protecting them from a disaster or burglaries. He first suggests keeping them in a fireproof and waterproof home safe but advises that its not safe to keep all your valuables at home. The second option is to keep them in a safe deposit box but the assets need to be insured. Opening a safe deposit box in a foreign bank such as in Switzerland will prevent your valuables from being confiscated by the government. Using private vaults within and outside the U.S. is another option for protecting your assets. Private vaults are not required to give up client information to the government unlike banks and other financial institutions. Foreign vaults are even more secure as they aren’t subjected to government regulations and you aren’t required to report assets such as cash. Learn more: https://affiliatedork.com/banyan-hill-publishing-investment-advice

 

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