In our series of blog posts: The Future of Money, we’ve started looking at strategies to protect your wealth and to be ready for opportunities. I’ve already touched on how Cryptocurrencies can form part of your armoury. In this post I take a deeper look at Crypto for beginners so that you should, by the end of the post, have an overview of what they are and why you should ‘invest’ in them. I’ve put ‘invest’ in inverted commas because is it really an investment? Read on to find out.
Continue reading “Crypto for Beginners: How to Use Cryptocurrency for Wealth Protection, Not Speculation”Top 5 Hard Assets to Protect Your Wealth Outside the Financial System
As we progress through this series of the future of money, we’ve already looked at CBDCs (Central Bank Digital Currencies) in depth and now we are starting to look at strategies you can put in place now, to protect yourself against inflation and other economic issues that may appear. In the previous post we specifically looked at How to Build a CBDC Resilient Property Portfolio. I touched upon asset allocation and mixing your portfolio with other non-property assets. In this post I will describe the top 5 hard assets to store wealth outside the system.
Continue reading “Top 5 Hard Assets to Protect Your Wealth Outside the Financial System”How to Build a CBDC Resilient Property Portfolio
In this next post in the blog series – The Future of Money, we open a new section which gives practical strategies for building wealth. The first raft of posts lay the groundwork of knowledge around how finances and the world of money will change, and is changing now. One pillar of wealth is the asset class property, so today, we will specifically look at how to build a CBDC resilient property portfolio.
Continue reading “How to Build a CBDC Resilient Property Portfolio”How to Stay Free, Flexible and Financed in a CBDC World
My first fear when I heard about the onset of Central Bank Digital Currencies is they will be used by governments to snoop on us and try to nudge our behaviours around our spending habits. This is not to mention the potential for a government to try to punish certain spending and de-bank certain individuals. This happens, in places that already have a CBDC. So, in this next post in the series of the future of money I talk about how to stay free, flexible and financed in a CBDC world.
Continue reading “How to Stay Free, Flexible and Financed in a CBDC World”Where Should You Store Your Wealth in the CBDC Era?
In the previous post in this series of the future of wealth I discussed ways in which you can protect your wealth in the coming Central Bank Digital Currency CBDC era. One of the ways we looked at was moving any surplus CBDC money as soon as possible into appreciating or income producing assets as soon as possible. Alternatively, you could convert this money into a form that at least holds its value relative to inflation over time. Therefore where should you store your wealth in the CBDC era?
Continue reading “Where Should You Store Your Wealth in the CBDC Era?”Protecting Your Wealth in the Age of CBDCs
Following on from the previous post 6 Ways CBDCs could affect real estate investing forever, this week we will look at how you start protecting your wealth in the age of CBDCs.
Continue reading “Protecting Your Wealth in the Age of CBDCs”6 Ways CBDCs Could Change Real Estate Investing Forever
In this latest post in the series The Future of Money, I look at how CBDCs could change real estate investing.
I, along with many people of my generation, am completely opposed to the introduction of a Central Bank Digital Currency, for reasons which I will lay out in a later post. However, we still need to educate ourselves about what they are, how they will affect us and how we can prepare for them if they do come.
So here I set out six ways in which they might specifically affect property and real estate investors.
Continue reading “6 Ways CBDCs Could Change Real Estate Investing Forever”How Entrepreneurs Can Prepare for the CBDC Era: 6 Practical Steps
In this latest post in the Future of Money series I look at how entrepreneurs can prepare for the CBDC era. In the last two posts I explained how and why the future of money is changing and what Central Bank Digital Currencies (CBDC) are.
Continue reading “How Entrepreneurs Can Prepare for the CBDC Era: 6 Practical Steps”What is a CBDC and Why It Matters to Everyday Investors
In this second part of the series The Smart Start Guide to Wealth in a Digital Age, I will explore what a Central Bank Digital Currency or CBDC is and why it should matter to everyday investors.
Continue reading “What is a CBDC and Why It Matters to Everyday Investors”Why the Future of Wealth is Changing Fast
Part One in the series: The Smart Start Guide to Wealth in a Digital Age
A few weeks ago, I was at the bar of a local pub. We’d just taken our dogs on a 10k walk in the heat, and everyone needed refreshments. My wife and the dogs were in the beer garden enjoying a well-earned rest, while I was ordering some refreshments.
Continue reading “Why the Future of Wealth is Changing Fast”
