3 Challenges in Gaining Wealth
Invest Owl Invest Owl
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 Published On Jul 19, 2016

► Challenge no. 1: Currencies lose their real value over time.
Most people do not appreciate how much wealth is lost in currency over the years.

Had you taken $10,000 in 1960 and kept it in a safe through to 2015, you would still have the same $10,000 but at the same time lost a huge part of your money.


► Challenge no. 2: You are on your very own.

Some people suppose some of their future money needs are going to be taken care of by the state, the government, the Firm, or some other faceless setup or government arrangement.

This perceived arrangement seems to reduce the scope of wealth an individual might need to amass on his own.

This Assumption is False, certainly more so as we move into the future.

► Challenge no. 3: It’s going to last longer than what you think or plan for.

Most people do not realize a full-scale medical revolution is upon us.

In laboratories, in Universities, in leading hospitals, and in FDA approved Clinical trials, multitudes of new technologies are being tested to change medicine as we know it today.

As a result, life is going to span longer, this revolution is going to destabilize and disrupt many critical economic models built on the assumption that humans don’t live past 80 such as entitlement programs, Life insurance, disability insurance, and so on.

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