This week I answer another question, this time about personal wealth.
A viewer wants to know if I think owning gold will secure a person's financial well-being.
Of course precious metals are only one of the eight asset classes of the wealthy and to protect yourself, you want to have exposure to as many as you can.
To learn more about the eight asset classes of the wealthy, ready my book, Invest Local
I talk about a string of local business failures and why its critical to understand that no business can last forever. It's critical to take your chips off the table because all businesses are on the path to obsolescence. Are you in the buggy whip business?
When I made the video I had mentioned the MIC Pub in Dieppe but later edited it out because it wasn't public knowledge. They've since closed as well.
The Invest Local Book blog is all about small business, franchises, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback. Follow me on FaceBook at www.FaceBook.com/DBarnettMoncton.
I respond to an e-mail I got about how a person could afford to invest and build up assets. I talk you though the importance of good home economics while I make 11 lunches at once for about a buck each. (and half that budget was the tinfoil packaging)
Enjoy
InvestLocalBook.com is the blogsite for Invest Local, a book about local investing deals such as loans, leases, inventory financing, receivables financing and more to small businesses and people.
I stopped by my local bullion dealer today to pick up an ounce of gold. I discuss asset diversification and the 8 asset classes from my book, Invest Local. Enjoy
InvestLocalBook.com is the blogsite for Invest Local, a book about local investing deals such as loans, leases, inventory financing, receivables financing and more to small businesses and people.
