This chart triggers two emotions in meGold keeps carving our new all-time highs and was recorded at over $4,100 per ounce yesterday.On the one hand:I’m happy because I’ve always been over-invested in goldBut I am also worried because I don’t want to live in a world where gold moons like some crypto sh*tcoinWhy is gold reaching new highs?Some potential reasons:Trust is broken. In a world where the US and the EU seize assets of sovereign nations (Russian assets, and more recently even Chinese companies in the ...

Core Insights - Wealth is viewed as a journey rather than a destination, with the first million being a steppingstone towards continued financial growth [1] Group 1: Financial Habits of the Wealthy - Wealthy individuals prioritize aggressive saving, often saving 25% or more of their gross income annually, contrary to the common advice of saving 10% to 15% [4][5] - Successful clients maintain high savings rates across various income levels, demonstrating a commitment to saving regardless of financial circumstances [5] - Starting with a minimum savings rate of 10% is recommended for those not yet able to save 25%, emphasizing the importance of beginning the saving habit [6] Group 2: Wealth Protection Strategies - Protecting wealth is as crucial as earning it, with wealthy individuals preparing for challenges such as market volatility, inflation, and potential lawsuits [6] - Understanding market dynamics and developing a personal investing style are essential for maintaining wealth over time [6]

Core Insights - Mark Cuban emphasizes the importance of protecting wealth for long-term financial security, even when he was a millionaire [1][2][3] Wealth Protection Strategies - Investing for the long term is a key strategy Cuban employs to safeguard his wealth [4] - Cuban maintains a frugal lifestyle, avoiding unnecessary luxuries and focusing on family and his business, Cost Plus Drugs [5] - Strategic financial planning is crucial, with a 2023 survey indicating that 80% of millionaires consider it a key factor in wealth accumulation [6]

Q4 2025 is here as Bitcoin and the crypto market hit all time highs the question remains: How do I protect this wealth? WHO does this all go to? HOW can I make it a smooth transition? WHAT can I do NOW to make sure everyone is taken care of? Those questions answered today w. Mark J. Kohler, Esq., CPA Follow Mark on YouTube - https://www.youtube.com/markjkohler Website - https://markjkohler.com/ 🏠 Real Estate Online Live Event Oct. 3-4, 2025 🏠Long term, Short term, funding, renovations, portfolio diversifica ...