There’s no doubt the country and the world are facing unprecedented times. Over the past several months, the coronavirus pandemic has caused nationwide lockdowns, strict social distancing guidelines, and millions to go jobless…
But the uncertainty also has many Americans slashing their spending, increasing their personal savings, and reducing debt. Personal savings hit 33% this year – its highest in 45 years.
While that’s great progress, regular readers know asset allocation is best for wealth protection during volatility. And this year, Daily editor Teeka Tiwari overhauled our asset allocation model, which now includes crypto, private markets, old standbys like gold, and of course, cash. It’s paid off so far. Year-to-date, bitcoin is up 27%, and gold is up 18%… while the S&P is flat.
As this pandemic has taught us, you never know what life can throw at you. So it’s crucial you hold some cash to meet your needs. But to truly protect your portfolio, add some gold and bitcoin. You’ll be glad you did…
Regards,
Chaka Ferguson
Managing Editor, Palm Beach Daily
P.S. I wanted to pass along a quick message from our longtime friend and Silicon Valley insider Jeff Brown…
On Wednesday, during a special event, Jeff uncovered a system he’s developed to reap massive gains in a short period of time. It all has to do with a small group of technology stocks that have a preset “timer” attached to their share prices. Once this “timer” hits zero, the stock can climb hundreds of percent in days or even hours.
There’s still time to learn more about his system – and how to make venture capital-like gains. Just click here to watch the replay…