Maintaining Wealth in the 21st Century
©M7C 2022
Due to the limits of Financial Institutions (Banks), people are compelled to store their wealth elsewhere. Most Banks allow up to $250k per person per Bank that is Federally Insured. The remainder has to be invested to maintain its value.
Investments are anything that is of lower value now and possibly increase over time when sold in order to profit. This includes Precious Metals (Gold, Silver, Titanium, etc.), Vintage Entertainment (Film based Toys, Americana, Music, Autographed Books, First Edition Books, etc.), Land or Real Estate (Islands, Farms, Ranches, Countries), Businesses or Stock from Businesses, Govt. Bonds, Foreign Currency, Crypto-Currency, Pristine or unused Bank Notes (uncirculated) or Coins, Annuities, Technology (Cars, Computers, Machines, etc.), Cattle or Livestock, Trading Cards (Sports Memorabilia, Film Cards, Rookie Cards, etc.), Lotteries, Jewelry, Gems, Art, Wheat, Houses, Charity, Antiques, or anything else of value.
https://www.investopedia.com/terms/w/wealth.asp
https://www.merriam-webster.com/dictionary/wealth
©M7C 2022
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