The current bull market in equities is still intact. So far it is the second longest bull market in stocks. Some pundits on the financial media will say its time to completely exit stocks, while others believe there are more gains to be made. If you were wise enough to jump into equities at the beginning of 2009, chances are you have enjoyed excellent gains. If you believe the stock market will never crash, you are in one camp. However, if you believe that this bull run may have about run its course, it’s time to heed some advice from Ted Bauman regarding protecting the gains you have made.
— Ted Bauman Guru (@TedBaumanGuru) June 6, 2017
Ted Bauman attended Cape Town University and graduated with degrees in History and Economics. He spent some time with Habitat for Humanity working in the Caribbean and Latin America. After spending twenty-five years in South Africa working in the nonprofit sector, he returned to the US and since 2013 has served as the editor of the Bauman Letter for Banyan Hill Publishing. His current focus is on wealth protection for individuals and offers very simple advice that investors can take to protect their wealth.
Ted Bauman believes that investors should have bonds along with stocks. The stock market is where most investors put their assets and many investors avoid the bond market at all costs. If the stock market were to crash, equity investors who held some of their net worth would have a hedge against the losses. Also, bonds receive monthly interest payments which are somewhat like dividend payments for investors.
Ted Bauman also advices that investors keep a portion of their assets out of the control the banking system. He believes that investors should have a fireproof safe at home to store some cash or precious metals and to have some of their assets in a vault overseas. Although asset protection is not the hottest form of investing in the financial world, Ted Bauman believes that investors who seek to defend their assets rather than try to get rich quick will end up making higher returns over the long haul.