What is happening in the Middle East is a stark reminder that nothing in the world, even what is assumed to be the safest in the world, should get your significant portfolio allocation. UAE has been a high conviction bet for a lot of smart, affluent people, and for me. I still believe that it will rise again and be a great beneficiary of the changing world order. Despite this, I will not risk putting all my…
We live in an uncertain world that is rapidly changing. The winners of yesterday will not be winners of tomorrow.Mega themes like de-dollarization, deglobalization, climate change, and reshoring/friendshoring are shaping the world differently from what we have seen over the last few decades.Excessive money supply with falling interest rates reaching zero in 2020 boosted asset prices worldwide, leading to a widening gap between haves and have-nots. This dissonance has been one of the catalysts driving major fundamental…
Team Truemind: “You have enough assets to retire today!” The sense of relief and joy on the face of our client was priceless when we shared our financial planning outcome with her. That set her free to pursue her hobbies and pet projects. The interesting part is that she was not even aware that she could retire comfortably with her current net worth. These are the beautiful words that many of us want to hear.…