Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos

James Rickards, a financial expert, investment advisor, and New York Times bestselling author, warns that global financial markets are being artificially inflated and provides strategies for smart investors to protect their assets in his book "Aftermath".

Format: Paperback / softback
Length: 336 pages
Publication date: 25 July 2019
Publisher: Penguin Books Ltd

The world is on the brink of a financial crisis that has the potential to be the most devastating in history. The global elites are already taking steps to protect their wealth, and it is up to individual investors to take action to safeguard their assets. In his book, Aftermath, bestselling financial expert James Rickards provides a detailed account of the economic crisis that is coming and identifies the asset classes that are most- and least-exposed. He offers provocative, stirring, and counterintuitive advice that every smart investor needs to get their hands on as soon as possible.

Rickards begins by examining the current state of the global economy and the factors that are contributing to its instability. He highlights the growing debt levels of governments and corporations, the increasing inequality between the rich and the poor, and the growing threat of geopolitical instability. He argues that these factors are creating a perfect storm for a financial crisis that could wipe out trillions of dollars in assets.

Rickards then identifies the asset classes that are most- and least-exposed to the coming crisis. He argues that traditional assets such as stocks, bonds, and real estate are highly exposed to the potential risks of a financial crisis. He suggests that investors should focus on assets such as gold, silver, and other precious metals, as well as real estate in emerging markets, as these assets are less likely to be affected by the coming crisis.

In addition to identifying the asset classes that are most- and least-exposed, Rickards offers practical advice for investors on how to protect their assets from the coming crisis. He suggests that investors should diversify their portfolios and invest in a mix of assets that are not correlated with each other. He also suggests that investors should hold a portion of their assets in cash or other liquid assets, as these assets are less likely to be affected by market volatility.

Rickards also emphasizes the importance of being prepared for the unexpected. He suggests that investors should have a emergency fund that can cover three to six months of expenses, as well as a diversified portfolio that can weather market downturns. He also suggests that investors should be aware of the risks associated with investing in emerging markets and should seek professional advice before making any investment decisions.

In conclusion, Aftermath is a must-read for any investor who wants to protect their assets from the coming financial crisis. By identifying the asset classes that are most- and least-exposed to the crisis and offering practical advice for investors on how to protect their assets, Rickards provides a valuable resource for investors of all levels. Whether you are a seasoned investor or just starting out, this book is a valuable tool that can help you navigate the complex and uncertain world of finance.

Weight: 412g
Dimension: 153 x 232 x 27 (mm)
ISBN-13: 9780241304082