Not paying taxes, speaking a second language and drinking wine with lunch on a Wednesday all mean very different things depending on your income bracket. In this part of Do What Rich People Do, we’re going to focus on the latter- upper class alcoholism as a store of wealth. For those who have missed Part 1 and Part 2, this is a multi-part series which looks at alternative real-asset investments which serve as strong inflation hedges (yes, inflation, interest rates and instability are coming!). In particular, these alternative assets are typically only available to the ultra wealthy for two main…
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