Diversify Your Plan B

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    ph1102

    Published on Oct 06, 2020
    About :

    We all know that old saying... Do not put all the eggs in the same basket... but do we listen to it and really act like that in our real life, or it's just a saying for showing how smart we are... on the paper...

    Do you have Plan B? Do you have something in your sleeve for that What if? scenario?

    I know that there are some theories, that having a Plan B isn't a good thing, as it can distract us from our Plan A... That can steal the focus from our primary job, work, or task... Yes, there is some truth in that, but it would have a sense of the success of Plan A would depend ONLY on us... But sometimes, things don't develop in the direction that we have precipitated, and we can get negatively surprised...

    Plan B should be exactly what it means... A "backup" plan if something happens to the original plan, and we have to make some "radical" moves... It should be somewhere in the last drawer, for just in case... That we know that it is there, but don't think about it until that nasty time...

    As we are living in very turbulent times, when we literally don't know what can happen tomorrow, the necessity of Plan B is a must... To protect our financial wealth, the best thing to do is to invest it in the "safest" assets... With all this money printing, it is a question if that $1 will have the same value tomorrow... So, why don't we protect its value before that happens?

    In this video, I have tried to explain my point of view of protecting wealth, and different Plan B's, on more than one level... Check it out in the video above...

    Thank you for your valuable time,

    ~ph~


    Music in video:
    Growing Up by Scott Buckley https://soundcloud.com/scottbuckley
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