In The Wealth Code: How the Rich Stay Rich in Good Times and Bad, financial planner and strategist Jason Vanclef aims a compelling, eye-opening, and sometimes humorous arrow at those Wall Street experts who pitched stocks and bonds as the magic potion for financial security. The recent collapse of the market proved them very wrong.
So what is the safest way to protect and grow our assets? According to Vanclef, True Asset Class Diversification is the logical and time-proven approach of the rich for building wealth and sustaining it through the hard times.
The author takes all those "tried and true" practices pushed by Wall Street and disproves them, explaining clearly and convincingly why stocks and bonds are not the answer…and telling us what is. Vanclef also teaches us to identify the warning signs of a declining economy—signs that many Wall Street analysts and brokers failed to recognize. It is Vanclef’s premise that we are too quick to accept financial recommendations from our advisors—no matter who they are—and thus fail to recognize the danger signs.
Why/why not pay off your home and build your assets; how to diversify into oil/gas, equipment, real estate, bullion and rare coins the way the super rich do and why Wall Street does not want you to; keys to avoiding the next Maddoff fraud; Insurance pitfalls not discussed by the agents selling them—For the answers…and a sardonic poke at Wall Street…this is the book.
So what is the safest way to protect and grow our assets? According to Vanclef, True Asset Class Diversification is the logical and time-proven approach of the rich for building wealth and sustaining it through the hard times.
The author takes all those "tried and true" practices pushed by Wall Street and disproves them, explaining clearly and convincingly why stocks and bonds are not the answer…and telling us what is. Vanclef also teaches us to identify the warning signs of a declining economy—signs that many Wall Street analysts and brokers failed to recognize. It is Vanclef’s premise that we are too quick to accept financial recommendations from our advisors—no matter who they are—and thus fail to recognize the danger signs.
Why/why not pay off your home and build your assets; how to diversify into oil/gas, equipment, real estate, bullion and rare coins the way the super rich do and why Wall Street does not want you to; keys to avoiding the next Maddoff fraud; Insurance pitfalls not discussed by the agents selling them—For the answers…and a sardonic poke at Wall Street…this is the book.