Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Playing Defense: Protecting Your Wealth Part I

55 views

Published on

Adam Tau, of the financial group MillerTau in New York City, discusses strategies to protect your wealth early in order to spare yourself troubles down the road, and why it is important to do so.

Published in: Economy & Finance
  • Be the first to comment

  • Be the first to like this

Playing Defense: Protecting Your Wealth Part I

  1. 1. PLAYING DEFENSE: PROTECTING YOUR WEALTH PART I Securities offered through North Ridge Securities Corp. | Members, FINRA/SIPC/MSRB | 1895 Walt Whitman Road Melville, NY 11747 | 631.420.4242. BY ADAM TAU
  2. 2. ASK ANY SPORTS FAN... ... and they’ll tell you the same thing: Defense wins games, not offense. No matter how good your offensive plays are, they aren’t enough on their own. You simply can’t win if you can’t defend against your opponents.
  3. 3. THE SAME PRINCIPLE OF GOOD GAME STRATEGY APPLIES... ...to growing your net worth. Sure, your main objective is probably to go out there and earn more, save more, invest more, just like the main objective of any game is to score. But the more you earn, the more you may risk losing.
  4. 4. IT CAN BE UNCOMFORTABLE TO THINK ABOUT AND PREPARE FOR... You may lose your wealth by becoming sick or injured (whether on the job or not), or by death, or by becoming embroiled in a lawsuit, or simply by market exposure in a down market. There are a million ways to lose your hard earned assets, and it can happen much more quickly than it took to build them. ...but the fact is no one is immune to risk.
  5. 5. PROTECTING YOUR WEALTH IS JUST AS IMPORTANT AS BUILDING IT. A strong defense is a necessary part of the team that allows the offense to win games.. As with anything in life, there’s no way to completely eliminate risk, but you can put as many barriers as possible between creditors and your property.
  6. 6. THERE ARE MANY WAYS TO PROTECT YOUR WEALTH... ... depending on your circumstances, and, if you know where to go for help. To learn about the options available to help you protect your wealth, please join me for  PART II of PLAYING DEFENSE: PROTECTING YOUR WEALTH. 
  7. 7. THANKS FOR READING! To read PART II, visit Adam Tau's Slideshare Page.  Securities offered through North Ridge Securities Corp. | Members, FINRA/SIPC/MSRB | 1895 Walt Whitman Road Melville, NY 11747 | 631.420.4242.

×