This week Jim and Cathlyn discuss Doomsday portfolios, mostly cash and gold, and suggest that investors look at potential outcomes and consider diversifying their assets. They discuss historical disasters and note what worked best, and also look at what would likely happen in a dollar crash. Jim and Cathlyn discuss a more balanced approach, one that would still offer protection, but also participate in market advances. In the next section of the program, Jim speaks with Ben Kwon, an expert on how to structure a business. This is great information for those considering starting a small business and wondering if they should incorporate, and if so, what form it should take.
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