One of the best pieces of advice you can give to a young person with some spare money every month (even as little as $100) is to buy life insurance. This is especially true due to COVID-19 and the pressure this has caused with banks and excessive spending by central banks in most Western countries

When starting a wealth planning strategy, the most common beginners’ mistake is having money static in a bank account. Inflation will eat away your capital little by little, and with interest rates in the banks at their lowest point in history, it only gets worse. You only need to do the math to see how your money is evaporating year after year. 

Gold, silver, platinum and precious metals are etched into the human psyche as stores of value in a volatile world. Precious metals are the oldest and most reliable form of money and have been around since the dawn of all civilizations. 

Welcome to the Money Machine, Mundo’s latest section on the way the top family offices in the world make money. In this section, we focus on the wealth generation strategies of some of the world’s wealthiest family offices and work from the simplest to the more complex strategies. 

The words family office and multi family office investments have long been shrouded in mystique secrecy and a certain feeling that there is a way that the wealthy invest that is somehow different from the working or even middle class. And that is, of course, true.