This article was published by Private Wealth on June 25, 2019 and features commentary from Reaz Jafri.
There has never been a time in history when all of the nations in the world were safe and free from political, personal, financial, commercial or other risks. Today is no different. One can argue—and this writer does—that we are living in a time of great prosperity and consequently greater uncertainty than ever before. In such times, those with the means to take steps to hedge against such risks are doing so.
After all, what use is wealth if it is subject to usurious tax regimes, if one’s business is at the mercy of unpredictable and corrupt governments, if one’s health is threatened by pollution and effects of climate change, and one’s children must travel to school in an armored car?
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