HOW TO ATTAIN YOUR FINANCIAL FREEDOM.PART 3

Given that only a fraction of your wealth is liable to be liquid and the remainder subject to the volatility of economic factors such as interest rate,capital market growth,money market movement and inflation.In this sit-tight,a diverse portfolio popularly known as diversification ensures that your wealth is heavily protected from this market risk of volatility.In case of business ownership your wealth should be included in both business holdings and personal assets.Learn how to transfer some assets to your spouse,siblings or structure joint ownership making wealth transfer much easier and cheaper.I think i have this mindset too when i set up Meddlesex Cosmos(www.meddlesexcosmos.com)and we desire private placement as the most diversified corporation in the continent.Though the site still needs 80%improvement,however we include only the pioneering divisions like fund management,agriculture and real estate.Diversification reduces risk,promotes synergy,economies of scale and also improves knowledge investment.