This investment insight for the high-net-worth investor explores a more refined method of managing and mitigating loss.What is drawdown and why is it a better approach to managing and mitigating loss?How does drawdown-based asset allocation work?What are the ways to implement the drawdown framework? Risk is a central theme in the investment world, a counterweight to investor’s desire for return.
This investment insight explains the origins of digital currency and explores its potential as an asset. Bitcoin was created to provide a new global form of electronic currency as “a peer-to-peer electronic cash system,” with the goal of addressing the lack of trust between counterparties making and receiving payments due to the risk of fraud.
Collecting can be more than a hobby if you manage your collection like an investment.If you have a substantial collection now, or expect to build one in the future, it’s important to consider the financial side of your avocation.As your collection grows, so does its importance in your overall financial plan.Considering the financial implications shouldn’t reduce your pleasure, but rather ensure that you build something lasting, valuable, and worthwhile out of your passion.