Letters from a Prophet

In addition to the traditional investment diversification of asset classes, the concept of 'Protect and Grow Your Assets' considers; 1) The ongoing decrease in purchasing power (PP) of the USD (as revealed in pricing of goods and services, and foreign exchange rate), and 2) The threat of increased taxes, capital controls, and confiscation by the U.S. government. This book offers solutions based on; 1) 'Internationalization' of assets into nations with strong economies, low capital controls and taxes, and a stable legal and monetary system, 2) Creation of a 'Multi-Generation Succession Program', managed by an 'International Business Corporation', and 3) Use of 'Charitable Trusts' for tax minimization.

This approach requires a Wealth Management Plan which considers the economic trends and monetary and fiscal policies of many nations, and which ones to deal with based on whether the PP of their currency, and value of real estate and securities is likely to rise or fall.